PMP: The Initiating Domain — Flashcards | PMP - Project Management Professional | FatSkills

PMP: The Initiating Domain — Flashcards

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Includes questions from the following tasks:    
Task 1 Perform project assessment based upon available information, lessons learned from previous projects, and meetings with relevant stakeholders in order to support the evaluation of the feasibility of new products or services within the given assumptions and/or constraints.    
Task 2 Identify key deliverables based on the business requirements in order to manage customer expectations and direct the achievement of project goals.    
Task 3 Perform stakeholder analysis using appropriate tools and techniquaes in order to align expectations and gain support for the project.    
Task 4 Identify high-level risks, assumptions, and constraints based on the current environment, organizational factors, historical data, and expert judgment in order to propose an implementation strategy.    
Task 5 Participate in the development of the project charter by compiling and analyzing gathered information in order to ensure project stakeholders are in agreement on its elements.    
Task 6 Obtain project charter approval from the sponsor in order to formalize the authority assigned to the project manager and gain commitment and acceptance for the project.    
Task 7 Conduct benefit analysis with relevant stakeholders to validate project alignment with organizational strategy and expected business value.    
Task 8 Inform stakeholders of the approved project charter to ensure common understanding of the key deliverables, milestones, and their roles and responsibilities. 

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You have been asked to create an end-to-end manufacturing process for your company’s next-generation semiconductor fabrication line. This new fabrication line is time critical, and industry competition is fierce. Many of the older employees who have traditionally worked on the fabrication lines have helped the company be successful using ad hoc processes and heuristic knowledge. As the project manager, you want to use comprehensive project management best practices wherever possible to maximize the chances of success. Which of the following would you do first?
Develop the project charter and scope of work
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