Project Management (Chapters 1-5) Study Guide Questions with Definitive Solutions.Stretch your brain before your first study session Learn / Study with Learn Work package Choose matching term 1The lowest level of the WBS24 Items Included in a Business Case 3Learning Curve4Work Package Don't know?TraceabilityThe tracking of something from the beginning to end.Two things (or metrics) to combine that make a project valuable (1) something to compare to and (2) come up with a trend to see how things are going over time. 1 / 2
Terms in this set (63) MetricsMeasures an organization's activity performance.Work Breakdown Structure (WBS) A selective outline of the project used for collecting information to use through all phases of the life cycle, to meet needs of all stakeholders, and measure performance against the strategic plan of the organization. *Gives you the activities you need to be able to create the project plan.How would you use a weighted scoring matrix to decide on a movie to see?Come up with criteria for each movie and rate each criteria's importance to you, such as movie ratings, times, genres, sold out or not, reviews, etc.Business CaseA wish-list of projects used for selecting projects after the strategic management process.
- Items Included in a
- Items Included in Each
- who
- / 2
Business Case (1) cost, (2) time, (3) how it's aligned with vision/goals, (4) risk.Work PackageThe basic unit for planning, scheduling, and controlling the project.The lowest level of the WBS Work package
Work Package (1)defines work - what (2)identifies time to complete a work package - howlong (3)identifies and time-phased budget to completework package - cost (4)identifies resources needed to complete a workpackage - how much (5)identifies a single person responsible for units ofwork
(6)identifies monitoring points for measuringprogress - how well