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6 Cards in this Set

  • Front
  • Back
Define a project.
A complex, non routine, one time effort limited by time, budget, resources and performance specifications designed to meet customer needs.
What are 5 characteristics that help differentiate projects from other functions carried out in the daily operations of the organization?
1. Has an established objective
2. Has a defined lifespan with a beginning and an end
3. Requires across the organization participation
4. Involves doing something never been done before
5. Has specific time, cost, and performance requirements
What are some of the key environmental forces that have changed the way projects are managed?
1. Compression of the product life cycle
2. Knowledge explosion
3. Global warming
4. Corporate Downsizing
5. Increased customer focus
Why is implementation of projects important to strategic planning and the project manager?
1. It can reveal new issues and challenges that planners may not have anticipated.
2. It is important in achieving goals
3. Big picture strategies
The technical and sociocultural dimensions of project management are two sides to the same coin. Explain.
Because successful project managers are skillful and comfortable in both areas.
What is meant by an integrative approach to project management? Why is this approach important in today's environment?
An integrative approach to the PM is one in which all the parts are inter-related.

A change in any one part will influence the whole - which effects the customer it is seeking to satisfy.