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3 Cards in this Set

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  • Back

What is the definition of Project

Any series of activities and tasks that


1) Have a specific objective to be completed within certain specifications


2) Have defined start and end dates


3) Have funding limits (if applicable)


4) Consume human and nonhuman resources (i.e. money, people, equipment)


5) Are multifunctional (i.e. cut across several functional lines)

What is Project Planning?

One of the five process groups of project management:


1) Definition of the work requirements


2) Definition of the quality and quantity of work


3) Definition of the resources needed


4) Scheduling the activities


5) Evaluation of the various risks

What is Project Monitoring?

One of the five process groups of project management:


1) Tracking progress


2) Comparing actual outcome to predicted outcome


3) Analyzing variances and impact


4) Making adjustments