The term that can be defined as a set of principles and processes to guide and improve the management of projects is
The intent of project oversight includes all of the following EXCEPT
Typical activities of project oversight cover which two dimensions?
At the project level, all of the following are examples of oversight activities EXCEPT
The centralized management of projects to ensure that the allocation of resources to projects is directed toward projects that contribute the greatest value to organization goals is known as
Project office functions typically include which of the following?
The in-depth review of individual projects at specific phases in the project life cycle is known as
During which of the following phase gates would the question of "Does this project align with our strategic direction?" be answered?
During which of the following phase gates would the questions "Are the resources needed identified and available?" and “Are tasks sequenced and is a time-phased budget established?” be answered?
Which of the following is not one of the growth levels in the Organization Project Management Maturity Model (OPM3TM)?
The first appearance of standard approaches to managing projects including scope statements and WBS occurs in which of the following Project Management Maturity Model Levels?
Project audits are performed on all significant projects and lessons learned are recorded and used on subsequent projects in which of the following Project Management Maturity Model Levels?
Each gate within the phase gate review process should, at a minimum, include the following EXCEPT
In which of the following Project Management Maturity Model Levels is the focus is on continuous improvement through incremental advancements of existing practices and by innovations using new technologies and methods?
The balanced scorecard model differs from selection models by reviewing projects over a longer horizon ___________ after the project is implemented.
At what level of project management maturity model does institutionalization of project management take place?
Level 3: Organizational Standards and Institutionalized Process. “All project management processes are in place and established as organizational standards.
What are the levels of project management maturity?
When using this model, project managers assign one of five maturity levels to each knowledge area. These levels are the following: initial process, structured process and standards, organization standards and institutionalized process, managed process, and optimizing process.
When assessing maturity levels in project managed Organisations the five levels can be described as?
The five levels used in the PMMM as proposed by the Project Management Institute are labeled Initial Process, Structured Process and Standards, Organizational Standards and Institutional Process, Managed Process, and Optimizing Process.
What is management maturity model?
A project management maturity model (commonly shortened to PMMM) is a matrix that illustrates how a company's project management process evolves over time. Just as a company changes as it expands, it's necessary for the project management style to mature as well.