1. What are two important concepts that help projects meet enterprise goals? Describe the differences between project management and project portfolio management. (5 Points) 2. Describe Strategic Project Management. (3 Points) 3. Describe the role that project management plays in improving the success rate of IT projects. (3 Points) 4. What are the six traits of a highly effective Project Managers? (3 Points) 5. Why is there a Code of Ethics and Professional Conduct for Project Management? (5 Points) 6. What is a Project Stakeholder? What is the role of a Project Stakeholder in a project? (3 Points) 7. What is the role and responsibility of the Executive Sponsor (aka Project Sponsor) in developing and improving computer systems? (3 Points) 8. Some organizations use outsourcing to remain competitive. What is outsourcing and what are the benefits of outsourcing? Are there drawbacks to using outsourcing? (5 Points) 9. What is globalization and what are the key issues when working on global projections? (5 Points) 10. Summarize the challenges to effective project management. (5 Points) 11. Project attributes will drive success and challenges in a project. What are the attributes of a project and the constraints? (5 Points) 12. What are the project management knowledge area and how do they support the success of a project? (5 Points)