C1 M1- What does a project manager do? Flashcards

1
Q

What do project managers do?

A
  • Planning and organising- what is your project trying to accomplish, create project tasks.
  • Managing tasks- manage tasks with team members and communicate Key Milestones to the larger team.
  • Budgeting- managing costs.
  • Controlling costs and other factors

Ensure that the project outcome is bringing value to the company.

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2
Q

How does a project manager add value to an organization?

A

A project manager adds value by ensuring the project creates something valuable, such as a new service or improving an existing service to better meet customer needs.

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3
Q

What are some factors that determine a project manager’s daily responsibilities?

A

A project manager’s tasks vary depending on the project, the industry, and the company they are working in.

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4
Q

Why is creating project plans a key part of project management?

A

Project plans help set the tone of the project, keep everyone aligned, and move tasks along efficiently.

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5
Q

Why is budgeting and controlling costs important in project management?

A

Managing the budget and controlling costs ensures the project stays on track and within budget, even when unexpected costs arise.

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6
Q

What is a program?

A

A collection of projects.

Project is one single-focused endeavour, programs is managing multiple

projects simultaneosly

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7
Q

What is a portfolio?

A

A portfolio is a collection of projects and programs across an entire organization.

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