Question: You decide to invite the main stakeholders in order to discuss the high-level requirements of the project you have been asked to manage……

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Project Management Terminology

Colocation. An organizational placement strategy where the project team members are physically located close to one another in order to improve communication, working relationships, and productivity.

Manage Communications. Manage Communications is the process of ensuring timely and appropriate collection, creation, distribution, storage, retrieval, management, monitoring, and the ultimate disposition of project information.

Common Acronyms

RFP (english) : Request for Proposal

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Question to a Project Management Professional

Question Select the best option
You decide to invite the main stakeholders in order to discuss the high-level requirements of the project you have been asked to manage. One of them tells you that a similar project failed in this company few years ago because the main competitor got some sensitive information. What do you do?
  1. You postpone the meeting to avoid that some information from reaching the competitor.
  2. You ask the stakeholders to bring more up to date information.
  3. You ignore such a pessimistic feedback because you want to keep your team motivated.
  4. You record this fact as a high-level risk.
Answer & Explanation
Right answer
  1. You postpone the meeting to avoid that some information from reaching the competitor.
  2. You ask the stakeholders to bring more up to date information.
  3. You ignore such a pessimistic feedback because you want to keep your team motivated.
  4. You record this fact as a high-level risk.

Explanation : How to deal with this risk cannot be determined yet, but such information must be recorder in order to not be overlooked.

See also PMBOK® Guide – Sixth Edition: Sec. 4.1.

Why are more than 790.000 executives around the globe certified as PMP?

  • Reason 1: Better opportunities for attractive positions
  • Reason 2: Prospects of above average income
  • Reason 3: Personal development
  • Reason 4: Knowledge and ability up to date
  • Reason 5: Competences in the international context
  • Reason 6: Comprehensive operational capability
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Discover how you can accomplish your PMP in 6 months as a very busy person.

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