Product management pdm - Study guides, Class notes & Summaries

WGU C722 Test Bank Project Management, Top Exam Questions and answers, Approved. A Guide to Project Management Body of Knowledge (PMBOK Guide) The project management standard developed by the Project Management Institute. Benefit measurement methods A type of decision model that compares the benefits obtained from a variety of new project requests by evaluating them using the same criteria and comparing the results. Co-located When team members work together at the same physical locati...

AIPMM Exam 2023 Questions and Answers 100% CorrectAIPMM Exam 2023 Questions and Answers 100% CorrectAIPMM Exam 2023 Questions and Answers 100% Correct Product Management (PdM)? - ANSWER-The process of conceiving, planning, developing, testing, launching, delivering, and retiring products in the market Process - ANSWER-A series of steps and decision involved in the way work is completed Inputs to a process - ANSWER-Material, People, Procedures, Customer Requirements, and Drawings Outp...

INF3708 - THEORY EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS LATEST UPDATE Creating the WBS is a sub-process associated with which process in project scope management? a. monitoring and controlling b. planning c. executing d. closing b. planning Which of the following is NOT an activity performed during identifying project products and activities? a. Identifying project team products b. Identifying and describing project products c. Produce ideal activity network d. Docu...

what is the main reason over half companies on fortune 500 disappeared since 2000? correct answers digital challenges of complex, changing environment correct answers partnerships, increased complexity of business, large volumes of data, outsourcing/offshshoring/reshoring, multisite activities squeeze correct answers changes driving product development/manufacturing. advances in tech: big data, analytics, cloud. global economic forces: globalization, mergers/acquisitions, outsourcing ...

Which of the following terms refers to the use of digital technologies to convert, support, optimize, and automate business processes and organizational activities? correct answers Digital Transformation What describes the communication framework that connects the digital data flows and provides a complete view of an asset's data through its entire lifecycle? correct answers Digital Thread What describes the Industrial Revolution that focuses on advanced manufacturing techniques, intercon...

CAPM Practice 215 Questions with Verified Answers John is a project manager for a newly formed project team. The project team has worked hard for last 4 months and has taken very few leaves. John wants to motivate the team members by informing them that he can give a couple of paid leaves if they complete the Phase-1 deliverables on time. Which theory is applied by John to achieve the result? a) Achievement Theory b) Theory Y c) Expectancy Theory d) Contingency Theory - CORRECT ANSWER c...

CAPM Exam 196 Questions with Verified Answers Cost Variance formula - CORRECT ANSWER Earned Value (EV) - Actual Cost (AC) What are the 6 constraints? - CORRECT ANSWER Scope, Risk, Resources, Quality, Schedule, Budget Initiating (Process Group) - CORRECT ANSWER Processes performed to define a new PROJECT or a new PHASE of an existing project Planning (Process Group) - CORRECT ANSWER Processes performed to establish total scope of effort, define and refine objectives, and develop a cou...

19 -CAPM Final Practice Exam 150 Questions with Verified Answers The processes required to define the scope of the project, refine the objectives, and determine the appropriate course of action to achieve the project objectives. A. Executing process group B. Monitoring and controlling process group C. Scoping process group D. Planning process group - CORRECT ANSWER Workbook, CAPM Final Practice Exam, page 210, #1 Answer: D The processes that track, review, and regulate the p...

Product Management (PdM)? - The process of conceiving, planning, developing, testing, launching, delivering, and retiring products in the market Process - A series of steps and decision involved in the way work is completed Inputs to a process - Material, People, Procedures, Customer Requirements, and Drawings Outputs of a Process - A part, a critical dimension, a critical characteristic, communication, date, information ProdBOK - A widely accepted set of strategies, methodologies, concept...

CAPM PRACTICE EXAM 3|197 Questions with Verified Answers "QUESTION NO: 1 Power, urgency and legitimacy are attributes of which stakeholder classification model? salience influence/impact power/interest power/influence - CORRECT ANSWER Power, urgency and legitimacy are attributes of which stakeholder classification model? salience "QUESTION NO: 2 Through whom do project managers accomplish work? consultants and stakeholders stakeholders and functional managers project team...