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Exam 3: Initiating Projects

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Question 41

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The task of creating a project charter is normally performed during project initiation.

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Question 42

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A(n)____________________ describes how things should be done.

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Question 43

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All project meetings with major stakeholders should include a(n)____________________.

A(n)____________________ meeting is a meeting held at the beginning of a project so that stakeholders can meet each other,review the goals of the project,and discuss future plans.

All organizations require that all project managers have project management certification.

Management needs to create and distribute documentation to authorize project initiation.

After a project charter is completed,it is good practice to hold an official kick-off meeting for the project.

A stakeholder ____ provides information on key stakeholders to help manage relationships with them.

____ processes include devising and maintaining a workable scheme to ensure that the project meets its scope,time,and cost goals as well as organizational needs.

Using two examples from the Just-In-Time Training project,describe the group in terms of monitoring and controlling processes.

____________________ project stakeholders include the project's customers (if they are external to the organization),competitors,and suppliers,and other external groups that are potentially involved in or affected by the project,such as government officials and concerned citizens.

After a project is approved,senior managers should meet to determine the ____,time,and cost constraints for the project.

In Phase I of the Just-In-Time Project,Kristin estimated that the project would have a ____ percent discounted return on investment and payback in the second year after implementing the new training program.

The kick-off meeting for a project cannot be held before the business case and project charter are completed.

Based on the PMBOK Guide,Third Edition,there are ____ total processes in project management.