Project Management

What is a Project?

• A group of related projects managed in a coordinated way to obtain the benefits and control not available from managing them individually.

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

• An organizational function performing the ongoing execution of activities that produce the same product or provide a repetitive service.

• A function of operations that focuses on sustaining business that may have a one-time configuration or ongoing processes.

Project management is:

• The centralized coordinated management of a program to achieve the program’s strategic objectives and benefits.

• The application of information systems to manage in a coordinated way a group of related projects

• The centralized coordination of operations and programs to achieve the program’s strategic objectives and benefits.

• The application of knowledge, skills, tools and techniques to project activities to meet the project requirements.

Major characteristics of project?

Choose 3 correct answers

• An established objective

• Usually the involvement of several departments and professionals

• Specific time, cost and performance requirements

• A defined life span with a beginning and no end

 

Examples of project?

Choose 3 correct answers

• Writing a term paper

• Setting up a sales kiosk for a professional accounting meeting

• Writing a new piano piece

• Routine manufacture of a cars

..................is the sequence of phases through which a project progresses. It includes defining, planning, execution, and closure.

• Project manager

• Project life Cycle

• Program

• Resorces

Small projects represent big risk

• True

• False

A project typically has a defined start and end date.

• True

• False

 

The 1st stage of project life cycle is Planning.

• True

• False

Roles of project manager is to manage temporary, non-repetitive activities to complete a fixed life project

• True

• False

The activities in closing stage are :

Choose 3 correct answers

• Train user

• Status reports

• Transfer documents

• Release resources