(02) Defining the project Flashcards
What is a project?
- “A project is a temporary endeavour undertaken to create a unique product or service.”
- “It is a complex, nonroutine, one-time effort limited by time, budget, resources, and performance specifications designed to meet customer demand.”
What are the steps of making a project?
Step 1: Defining the project scope.
Step 2: Establishing project priorities.
Step 3: Creating the work breakdown structure
Step 4: Integrating the WBS with the organisation.
Step 5: Coding the WBS.
What is Project Scope?
A definition of the end result or mission of the project – a product or service for the client/customer – in specific, tangible and measurable terms.
- Use creative ways to communicate scope e.g., models, prototypes, exclusions, etc.
What is the purpose of the scope statement?
- To clearly define the deliverable(s) for the end user.
- To be used by the project manager and participants as a planning tool and for measuring project success.
What is the statement of work (SOW)?
An expanded version of scope statement with risks, budget, etc.
What is Scope Creep?
The tendency for the project scope to expand over time due to changing requirements, specifications and priorities.
What are the effects of Scope Creep?
- Risk going over budget.
- Missing deadlines.
- Delivering low quality outcomes e.g. bugs in the code or faulty product.
- Ultimately leads to project failure.
How do you manage scope/project creep?
- Get agreement on scope before you launch. A good definition of the project scope helps to avoid project creep.
- Choose a technique to manage scope creep.
- Make a list of what is in scope (when stakeholders are certain about the scope).
- Set scope tolerance parameters (when stakeholders are not certain about the scope).
- Get stakeholders to sign off or review parameters.
What is the meaning of establishing project priorities?
There are shifts in the relative importance of criteria related to cost, time and performance parameters. Consider:
- Budget (cost).
- Schedule (deadline).
- Performance (scope).
What is Time-Constrain?
The product or service has to be finished/available by due date.
What is Scope-Accept?
The scope can be amended.
What is Cost-Enhance?
Costs should be optimised.
Time, scope, cost of these examples?
- Launch of the new Amazon Alexa.
- Delivery of a new University paper.
Time-constrain, scope-enhance and cost-accept.
Time, scope, cost of these examples?
- Building a house for a young family.
- Going on a world trip.
Time-accept, scope-constrain and cost-enhance.
Time, scope, cost of these examples?
- Concert.
- Sports event.
Time-constrain, scope-accept and cost-enhance.