Project Management 1.0
A project manager's responsibility is to oversee . . . .
What is everything within a project?
The starting place for planning all project parameters, which are Scope, Time, Resources and Quality.
What is the WBS or Work Breakdown Structure?
There are 5 steps & phases for Project Management. They are Initiation, Planning, Execution, Monitor/Control and ...........
What is Closure?
An individual, group or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity or outcome of a project.
What is a Stakeholder?
Two External Stakeholders might be . . . . .
What are customers, regulators, vendors, suppliers, unions, the public?
A significant point or event in a project.
What is a milestone?
To observe and check the progress or quality of over a period of time.
What is Monitoring?
Project Management is a _________ endeavor undertaken to create a unique product, service or result.
What is Temporary?
Evaluation is a specific activity or moment and it provides recommendations to strategic decision-making processes. The main difference between evaluation and monitoring it that monitoring is a ............ process
What is Continuous?
Remember people count and Willing to change are the factors contributing for
What is project success?
An event that can have both positive and negative impact on a project
What is a risk?
This type of chart gives a clear illustration of project status, but one problem with them is that they don't indicate task dependencies - you cannot tell how one task falling behind schedule affects other tasks. Name this chart and name the chart that does clearly illustrates task dependencies.
What is a Gantt Chart and what is a PERT Chart?
The series of phases that a project passes through from its start to its completion.
What is Project Life Cycle?
The costs that a business bases its price on. They include costs like materials, energy, and labour.
the cost required by manufacturing or purchasing an item
What are Internal Costs
The uncontrolled expansion to project scope without adjustments of time, cost and resources.
What is Scope Creep?
A strategy where the project team acts to decrease the probability of occurrence or impact of a threat is
What is Risk mitigation?
Comparing actual performance with planned performance, analyzing variances, assessing trends to effect process improvements, evaluating possible alternatives and recommending appropriate corrective action as needed.
What is Control?
Although the Triple Constraint consists of Scope, Cost and Time, what other vital element is typically overlooked, but should be considered at all times?
What is Quality?
These are linked to external materials or expenses needed in order to complete the project. This could be rent for a venue, raw material for a construction site or something completely different
What is external cost?
These are specific items that must be produced for the project or project phase to be considered complete
What is a Deliverable?
Comes at the end of the project (or at mid-term) to find out the weaknesses and results.
What is Evaluation?
SMART Goals are an acronym for the following 5 important elements.
What are Specific, Measurable, Attainable, Relevant and Time-bound?
Who identifies and defines the project? Also the one who can cancel the project if no longer needed.
What is the Project Sponsor?
This tool to help project managers synthesize the information gathered from monitoring & controlling processes into meaningful knowledge.
What is/are KPI or Key Performance Indicators?
These are the specifications of the deliverables used to tell you whether the deliverables were produced successfully
What is a requirement?