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14 Cards in this Set

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What is a Project?

Unique processes, consisting of a set of coordinated and controlled activities with start and finish dates, undertaken to achieve an objective conforming to specific requests, including the constraints of time, cost and resources.

A group of activities to be undertaken with limited resources to yield specific objectives in a specific time in a specific locality.

What are the attributes of a Project?

1. One goal


2. Specified time


3. Within budget


4. According to specs

What are the three major Characteristics of a Project?

1. Projects are temporary


2. Projects have interdependencies


3. Projects are unique

Who is a Project Stakeholder?

An individual or an organization actively involved in a project whose interest may be affected as a result of a project execution

Give examples of project stakeholders

1. Project manager


2. Customer/end user


3. Performing organization


4. Project management team


5. Project team members


6. Sponsor

Who are the relevant stakeholders of a Project?

1. Owners and sponsors


2. Suppliers


3. Society


4. Employees


5. Regulators


6. Customers

What are the classes of project types?

1. Public safety


2. Transportation


3. Utilities


4. Education


5. Recreation


6. Research


7. Development


8. Defense


9. Conservation

What environments can be affected by a project?

1. Cultural & Social Environment


2. International and Political Environment


3. Knowledge and Physical Environment

What are the three major areas that make up the triple constraint of project management?

1. Scope Goal


2. Cost Goal


3. Time Goal

What's the difference between Operations and Projects?

Operations are on-going and repetitive whiles projects are temporary and unique.

What is Project Management?

Application of knowledge, skills, tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations from a project

List examples of project management

1. Developing a new product or service


2. Running a political campaign


3. Sending a power project in the Northern area


4. Designing a compensation system


5. Negotiating a collective agreement


6. Setting up an e-commerce internet site

What are the importance of project management?

1. Improve results


2. Decrease costs


3. Improve customer service


4. Time

What are the various phases of a project?

1. Define the problem and deliverables


2. Plan the project


3. Execute the plan


4. Monitor and control progress


5. Implement/close project