Project Basics
What is a project?
A distinctive, temporary endeavor undertaken to achieve planned objectives.
What phase begins the project management process?
The conception and initiation phase.
What involves linking all tasks in a project together?
Project integration
What area involves organizing and managing the project team?
Project human resources
What does the project time knowledge area involve?
Setting, analyzing, and developing a timeline for project completion.
What defines the success of a project?
Achieving objectives within the set timeframe and budget.
What is developed during the design and planning phase?
A project plan that includes project scope, budget, and timeline.
What do you call the defined activities included in a project?
Project scope.
Why is it important to identify stakeholders at the project initiation stage?
To establish their interests and manage their engagement throughout execution.
What is essential for tracking project progress during execution?
Deadlines for each team member's assignments.
What is the goal of project management?
To apply expertise, tools, and strategies to meet an organization’s project requirements.
What distinguishes the execution phase of a project?
It’s when actions are carried out according to the project plan.
What is the focus of project quality management?
Ensuring activities are carried out as per specifications and plans.
What kind of professionals typically work on a project?
Individuals with different training and skillsets, possibly from different organizations.
What phase involves the verification of project deliverables?
Monitoring and controlling phase
Name a temporary endeavor that might be considered a project in construction.
Building a block of classrooms for a local community high school.
During which phase is quality assurance performed?
The monitoring and controlling phase.
What addresses how to manage stakeholder communication during a project?
Project communication.
What is the primary focus of project procurement?
Identifying what is needed to execute the project and how to handle procurement.
How is project time related to project deliverables?
It dictates the timing and order of deliverables during execution.
Give an example of a project in the field of publishing.
E. g. An author planning to write, publish, and sell 10,000 copies of a book in two years.
What occurs during the closing and evaluation phase?
Analysis of whether project goals were met and the conclusion of the project.
What involves identifying risks upfront in a project?
Project risk management.
How can project costs be categorized?
Fixed, variable, direct, indirect, or sunk costs.
What should be established early in the project to ensure quality?
Project quality standards included in the project management plan.