Project Planning
What does a contingency mean?
Contingency is extra time that’s allowed in the schedule to cover unexpected events
Name some characteristics of effective project leader?
Credibility
Creativity as a problem solver
Tolerance for ambiguity
Flexibility in management style
Effectiveness in communicating
What are the characteristics of a project?
Projects are unique.
Projects are temporary in nature and have a definite beginning and ending date.
Projects are completed when the project goals are achieved or it's determined the project is no longer viable.
What is a project?
A project is a temporary endeavor undertaken to create a unique product or service.
What is a mitigation plan?
Deciding on a course of action—a response to each risk—ahead of time in order to offset the impacts of the issues on the project are called mitigation plans.
What is WBS?
A Work Breakdown Structure (WBS) is a representation of the scope of the project.
What are the five main leadership styles?
Lassez-Faire
Autocratic
Participative (Democratic)
Transactional
Transformational
Give an example of a project.
•Developing a new product or service
•Constructing a building or facility
•Renovating the kitchen
•Designing a new transportation vehicle
•Organizing a meeting
What is a stakeholder?
Those who have a share or interest in the project.
Or
A stakeholder is either an individual, group or organization who is impacted by the outcome of the project.
What is task switching?
Task switching—the time it takes to shift from one job to another.
What is the Gantt Chart?
•A Gantt chart is the diagram. It’s just a way of representing the project schedule in a particular type of bar chart.
What is delegation?
Delegation is the process of understanding the knowledge, skills, and abilities needed to manage that work and then matching the team members with the right skills to do that work.
What are the five project life cycles?
•Initiating
•Planning
•Executing
•Monitoring and controlling
•Closing
What are deliverables?
A deliverable is a tangible or intangible good or service produced as a result of a project.
What is PMI?
•The Project Management Institute (PMI).
•PMI is the professional organization for people who manage projects.
What is PERT?
•A PERT or Program evaluation and review technique is chart is a project management tool used to schedule, organize, and coordinate tasks within a project.
What is the role of project manager?
The primary responsibility of the project manager is to ensure that all work is completed on time, within budget and scope, and at the correct performance level.
What are the three main constraints of a project?
Time
Cost
Scope
What is project management?
Project management is application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
How many PM Knowledge areas are there?
There are 10 PM Knowledge areas.
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What is CPM?
•Critical Path Method (CPM) type project planning networks are characterized by estimates of normal time for task completions.
What is the single most important skill a project manager should have?
Communication skills are the backbone of all successful projects.
PMBOK stands for what?
PMBOK stands for Project Management Body of Knowledge.
What is a project manager?
Project managers guide and facilitate projects with a keen sense of budget, scope, timeline, staff, and everything in between.
What is scope?
•Scope is what the project is trying to achieve. It entails all the work involved in delivering the project outcomes and the processes used to produce them. It is the reason and the purpose of the project.