project management

Question 1

what is a project

Answer 1

• temporary operation that has a defined beginning and end

- unique operation that is not routine in an organization

Question 2

what is project management

Answer 2

the application of knowledge, tools , and techniques to project activities to meet the project requirements

Question 3

phases of project managment

Answer 3

1. initiation
2. planning
3. executing
4. monitering and controlling
5. closing

Question 4

triple constraint of project management

Answer 4

• cost
• time
• scope

Question 5

critical path method (CPM)

Answer 5

-CPM calculates the longest path of planned activities and therefore determines the shortest time to complete the project.

Question 6

steps of CPM

Answer 6

1. compile a list of all activities required to complete the project
2. estimate the time that each activity will take to complete
3. identify the dependancies between the activities
4. identify logical checkpoints such as milestones or deliverable items
5. identify the longest path through the network of activites (this is the critical path)