Questions 1
Questions 2
100
What distinguishes a project from other types of work like processes or tasks?
A project is defined as a specific, finite activity that produces a visible and measurable result under preset requirements.
100
How do we differentiate between a project and an activity?
A project is an all-encompassing term used to organize multifaceted tasks and manage multiple resources, while activities are specific types of tasks categorized based on the kind of work involved, purpose, and constraints.
200
Can you provide examples of activities that can be considered as projects?
Examples of activities that can be considered projects include building a garage, running a marketing campaign, developing a website, organizing a party, going on vacation, graduating with honors, etc.
200
What is the purpose of a Work Breakdown Structure (WBS) in project management?
The purpose of a Work Breakdown Structure (WBS) in project management is to define a deliverable-oriented hierarchical decomposition of all essential work to be executed by the project team to achieve desired objectives and create required deliverables.
300
What are the key characteristics of a project?
The key characteristics of a project include being temporary, producing unique deliverables, and involving progressive elaboration.
300
What elements make up the work breakdown structure (WBS) according to the text?
The elements making up the work breakdown structure (WBS) include projects, programs, tasks, work packages, and units. The WBS is used to determine an activity-based hierarchy of projects regarding their deliverables and objectives.
400
Why is it important for a project to have a finite start and end?
It is important for a project to have a finite start and end to ensure that all project objectives are met within a specified timeframe.
400
What are some common phases included in the project lifecycle as outlined?
Some common phases included in the project lifecycle are conducting a feasibility study, establishing project requirements, developing project scope, creating schedule and budget, creating project plan, executing project work, and controlling and reporting.
500
How does progressive elaboration contribute to the success of a project?
Progressive elaboration allows for continuous investigation and improvement during a project, leading to more accurate and comprehensive plans.
500
Can you explain the difference between predictive and iterative project lifecycles?
Predictive lifecycles are suitable for projects where deliverables should be completed within a predefined time frame and budget, following phases like initiation, planning, execution, monitoring and control, and closing. Iterative lifecycles are used when accurate estimation of time and cost for each phase or activity is not possible, typically seen in agile projects dealing with uncertainties and frequent changes.