1
Q
What is a project?
A
A temporary endeavor undertaken to create unique product, service, or result.
2
Q
does a temporary have to be short?
A
no
3
Q
Important Characteristics of a project
A
- A project has a start & finish date
- A project has a life-cycle (a beginning & an end, with a number of distinct phases in between)
- A project has a budget with an associated cash flow
- Activities within the project are essentially unique & non-repetitive
- A project uses resources that may come from diff departments & need co-ordination
- A project has a single point of responsibility, i.e. the Project Manager
- A project has at least one definable objective, such as developing a marketable product or constructing a building
- Members within a project team have different roles & relationships with each other, and therefore need to be developed, defined & established early in the project
4
Q
What is project management?
A
- application of knowledge, skills, tools, & techniques to project activities in order to meet project requirements
5
Q
The four cornerstones of Project Management
A
- Budget/Cost
- Time/ Schedule
- Scope
- Quality
- (Client Satisfaction)
6
Q
5 Process Groups of Project Management
A
- Initiating
- Planning
- Executing
- Monitoring & Controlling
- Closing
7
Q
What process is in ‘initiating’ of the 5 process groups of project management?
A
- identity stakeholders
8
Q
What process is in ‘planning’ of the 5 process groups of project management?
A
- plan procurement management
- develop schedule
9
Q
What process is in ‘executing’ of the 5 process groups of project management?
A
- conduct procurement
- direct & management project work
10
Q
What process is in ‘monitoring & controlling’ of the 5 process groups of project management?
A
- Monitor & control project work
- Perform integrated change control
- Control scope
- Control procurements
11
Q
What process is in ‘closing’ of the 5 process groups of project management?
A
close project
12
Q
Role of project manager
A
- Ability to select and develop an operational team from the start
- Leadership and management ability
- Ability to anticipate problems, solve problems & make decisions
- Ability to integrate the project stakeholders
- Operational flexibility
- Ability to plan, expedite & get things done
- Ability to negotiate & persuade
- Understand the environment within which the project is being managed
- Ability to review, monitor and apply control
- Ability to administer the contract, the scope of work and scope changes
- Ability to manage within an environment of constant change
- Ability to keep the client satisfied
PJMCA
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Decks in class (8)
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