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What is the importance of project communications management?
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To ensure effective communication among all stakeholders of the project.
Explain the benefit of using Excel in project management.
Excel offers easy planning and data analysis, allowing for tracking, scheduling, budgeting, and status reporting.
What are the three main processes involved in project quality management?
Quality planning, quality assurance, and quality control
Describe the key focus areas of project management.
Scope, schedule, cost, quality, resource, and stakeholder management
What agile frameworks are mentioned in the boot camp notes?
Kanban, Scrum, Hybrid, Lean
What is the average salary of a project manager in the USA?
$87,000/year
What are the purposes of Work Breakdown Structure (WBS) in project planning?
To organize the project's tasks, making it easier to assign responsibilities and estimate project duration and cost.
Which program helps in maintaining PMI certification and offers knowledge in various domains including Lean Six Sigma and Agile?
PMP Plus Master's Program by SimpliLearn
What is the expected employment growth for project managers from 2019 to 2029?
11%
How does Earned Value Management (EVM) help in cost management?
It tracks project performance against the project baseline by measuring cost and schedule variances.
What percentage more money do companies save that follow proficient project management practices?
28 times more money
Name some key project lifecycle phases.
Initiation, planning, execution, monitoring, and closure
How does project integration management help project managers?
By unifying and integrating all project processes and actions to ensure project success.
What are the six constraints commonly considered in project management?
Scope, time, quality, cost, risk, and resources
List two tools used in project planning.
Gantt Chart, Critical Path Method
By what year is the global project management software market expected to reach $6.68 billion?
By 2026
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