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Mod4 P - Initiation2

PMP Module 04 (Prism) - Project Initiation (2 of 2)

QuestionAnswer
What is the Project Charter? a formal document describing the project in its entirety (high-level)
What are the 3 main themes in the Project Charter? Project Objectives, Method (how it will be carried out), Stakeholders
Where is a Project formally authorized? Project Charter (signed)
What document defines responsibility / authority of PM? Project Charter
Where are project success criteria defined? Project Charter
Where are constraints and risks (high-level) identified? Project Charter
What are 5 items included in Project Charter? (1) Title/Description; (2) PM and authority; (3) Business Case; (4) Preassigned resources; and (5) Stakeholders (incl requirements/expectations)
True/False. OPAs are required to develop Project Charter True. Org policies, guidelines, approaches, etc. must be known
True/False. SOW is required to develop Project Charter True. This defines the scope of the project and its products/services
True/False. Risk Matrix is required to develop Project Charter False. High-level risks are included in Charter, but matrix and mitigation is developed later
True/False. Business Case is required to develop Project Charter True. Probably the most important item to understand and asssess prior to Charter.
Anyone who can impact or be impact by the Project is a ____________ Stakeholder
True/False. Someone who is negatively impacted by the Project is a Stakeholder True. Impact can be positive or negative.
___________is a technique of systematically gathering & analyzing information on Stakeholders Stakeholder Analysis
Why do we conduct Stakeholder Analysis? to determine their interest, influence, and impact on project success
What is the first step in Stakeholder Analysis? Identify all Stakeholders (roles, interest, expectations, etc.)
What is a Stakeholder Analysis Grid? Visual representation of stakeholders on an x/y plot
What are the 3 types of Stakeholder Analysis Grids? Power/Interest, Power/Influence, Interest/Influence
What's the difference between Stakeholder Power and Influence? Power = Level of authority, Influence= Level of active involvement
What are the 5 Stakeholder Engagement levels? SNURL. Supportive, Neutral, Unaware, Resistant, Leading.
Created by: anjp
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