Project Management

Question 1

What are the 4 stages of a project?

Answer 1

1. Initiation
2. Planningh
3. Execution
4. Evaluation

Question 2

What is the initiation of a project?

Answer 2

• Defining purpose, aims, objectives, resources and roles involved
• Establishing a timescale

Question 3

What should you be doing when executing a project?

Answer 3

• Reporting and recording progress
• Monitoring the project
• Managing risks and time
• Communication

Question 4

What are the 6 project management tools?

Answer 4

1. SWOT
2. Stakeholder matrix
3. SMART Target
4. Gannt chart
5. RACI
   6.Critical path analysis

Question 5

What does SWOT stand for?

Answer 5

Strengths
Weaknesses
Opportunities
Threats

Question 6

What is the stakeholder matrix?

Answer 6

The impact of stakeholders

Question 7

What are SMART targets?

Answer 7

Specific
Measurable
Achievable
Realistic
Time scale

Question 8

What does RACI stand for, and what does it aid?

Answer 8

Reasonable
Accountable
Consulted
Informed
Helps assign roles and delegate key tasks

Question 9

What is the critical path analysis for?

Answer 9

To protect time, priorities tasks and resources

Question 10

What is the impact of effective project management on the admin role?

Answer 10

• Clear responsibilities and objectives
• Ability to manage time and resources
• Ability to prioritise tasks

Question 11

What is the impact of effective project management on the organisation?

Answer 11

• Identifies opportunities to adapt
• Successful resolutions
• Saved costs and efforts
• Meets proposed aim