Project Management Overview

A popular type of bar chart that illustrates a project schedule and has become a common technique for representing the phases and activities of a project so they can be understood by a wide audience.

• Sales projection

• Demand curve

• Gannt chart

• Workplan

A temporary endeavor undertaken to create a unique product or service or result.

• Project

• Innovation

• Project feasibility

• Invention

You commissioned a third-party business firm to provide services crucial in the process flow of your project. What characteristic of the project was demonstrated?

• Risk and uncertainty

• Subcontracting

• Made to order

• Multi-skilled staff

The following are the parameters/components in the project performance dimension, EXCEPT:

• Profit

• Time

• Cost

• Scope

Projects undertaken to provide goods or services for meeting the growing needs of the customers and providing attractive returns to the investors/stakeholders.

• Government project

• Developmental project

• Industrial project

• All of the above

Projects undertaken to facilitate the promotion and acceleration of overall economic development.

• Industrial project

• Commercial project

• Developmental project

• None of the above

During this stage partners consolidate the idea into a concrete project proposal, by defining the strategic and operational details as well as the responsibilities among partners.

• Project idea generation

• Project development

• Project implementation

• contracting and start-up

At this stage the project content activities should be completed and all outputs delivered.

• Project implementation

• Project closure

• Project development

• Project idea generation

This is the time when an idea is being shared among potential partners until the moment it becomes clear that the project is necessary and relevant to the improvement of a certain condition in the program area.

• Contracting and start-up

• Project development

• Project idea generation

• Project implementation

During this stage, the project partners carry out the work planned to produce the desired outputs.

• Project implementation

• Contracting and start-up

• Project development

• Project closure