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Project Management

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Question 1: The Midterm is fast approaching! Please write a paragraph explaining how you plan to study for the Midterm.

  • Suggestions:
  • Will you write flashcards and use them to study all the definitions?
  • Will you contact one of your classmates and see if they want to study together?
  • Do you plan to go back through all the chapters and highlight all the sections that you found challenging?
  • Will you use all the practice quizzes on the companion website?
  • How will you memorize the 10 Knowledge Areas and the 5 Process Groups?

Please give as many details as possible so your classmates can learn from you and you can, in turn, can learn from you classmates.

Question 2: In your own words, describe project integration management. How does project integration management relate to the project lifecycle, stakeholders, and the other project management knowledge areas?

Question 3: Download and Read the PMI code of Ethics and write 1 paragraph describing about something you found in that document that you never knew or you were surprised that PMI addresses  Link

Question 4: Describe in your own words the following 5 terms:

  • NPV
  • ROI
  • IRR
  • Payback Period
  • Required Rate of Return
 
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