Week 9- Project Management

Project is converting a vision, dream or need to reality while understanding and controlling the use of resources.

• Yes

• No

Management is the technique of understanding the problems, needs and controlling the use of resources, cost, time, scope and quality

• Yes

• No

There are 7 common set of characteristics of a project

• Yes

• No

Project management is the application of knowledge, skills, tools and techniques to project activities in order to meet stakeholder needs and expectation from a project. ​

• Yes

• No

There are 5 reasons for companies use Project Management

• Yes

• No

There are many ways that projects could fail, but in the slides, there are 8 of them are featured.

• Yes

• No

There are 6 process of Project Management and the 4th process is control (communicate)

• Yes

• No

The project risks are concerned with 3 project parameters, one of that is:

• Probability

• Countermeasures

• Costs

• Impacts

There are 5 ways to manage risks that was introduced in the lecture slides.

• Yes

• No

There are 3 parts in any of schedule, planning phase, implementation and testing and evaluation.

• Yes

• No