PM Hub now offers you the benefit of daily guidance to help you stay on the road to success with the project management exam or to sharpen and exercise the project management skills you already possess. Each edition of the PM Hub/Crosswind Tip of the Day will give you a question of the day, daily terminology booster, and links to other helpful tools that will prepare you for exam success.

Question of the Day

The Project Manager is in the process of meeting with business area owners who are impacted by his new business process analysis project. He is attempting to find out what their needs are for the project as well as any constraints and assumptions that they might be aware of that would impact his planning attempts either positively or negatively. At the same time, the Project Manager is beginning to set expectations for the project so that their expectations are not out of line with the planning. The best description of this is what?

A complete set of records that correctly describe and document the history of the project

The functional manager is working on planning the data center project with the newest Project Manager at the company. In discussing this, the functional manager is focusing on the costs associated with running the data center after it is created, and for how many years the data center will be used. What best describes what the functional manager is focusing on?

Explanation: The product life cycle focuses on the overall ownership costs of the product of the project, not just the project costs to create the product. The project life cycle involves the processes used to create the product of the project such as the steps to build a house or a computer system. The project management life cycle is the project management approach to the project. The program management life cycle is noise.

For more questions, terminology and other exercises please see the PMP® Exam Success Series: Certification Exam Manual at http://www.crosswindpm.com/