Oracle-1z0-466 - Project Lifecycle Management Essentials Set 1

It provides a framework for the Analysis and Design processes. It is the single most important work product produced by the project manager. Its main focus is on scheduling the project. It is created by the project manager and the client. It is a conceptual work product comprised of process components detailing the tools and/or approach for each OUM Manage process.

Schedule Scope Cost Complexity Product

It meets daily during Project Execution and Control. It is an internal project organization that is responsible for reviewing and resolving change requests. It is a person, group, or business that has a shared interest in a particular set of activities. It escalates changes affecting scope to the steering committee.

Quality Assurance Quality Control Quality Planning Process Improvement

Employee attrition Vendor delivery rates Lack of personal effectiveness Interruptions to the business Natural disasters

Financial Management ✘ Infrastructure Management ✘ Organizational Change Management ✘ Bid Transition ✔

To prove the solution described in the scope document meets the project requirements. ✘ To provide adequate visibility into actual progress so that management can take effective actions when necessary. ✘ To successfully transition from the sales team to the delivery team. ✘ To provide an adequate foundation for the Project Management Plan. ✔

It emphasizes clearly documenting the scope of the project and the exact procedures to implement changes to this scope. ✘ It is not possible to control the project timeline without a detailed project plan. ✘ It is necessary to only document the items in the scope. ✘ If the project sponsor requires a functional change, the project team must comply with the request. ✔

It outlines the major milestones of the project. ✘ It is a document produced during the contract process. ✘ It documents the strategy, control processes, and policies that are used to manage, support, and implement the work during the project. ✘ It is produced by the Configuration Management team. ✔ It defines the competencies of the project team. ✔

There is a specific result, a budget, and a targeted end date ✘ The client signs the contract ✘ The client signs the statement of Work ✘ The sales cycle has ended ✔