C1 M1- What does a project manager do? Flashcards
What do project managers do?
- 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.
How does a project manager add value to an organization?
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.
What are some factors that determine a project manager’s daily responsibilities?
A project manager’s tasks vary depending on the project, the industry, and the company they are working in.
Why is creating project plans a key part of project management?
Project plans help set the tone of the project, keep everyone aligned, and move tasks along efficiently.
Why is budgeting and controlling costs important in project management?
Managing the budget and controlling costs ensures the project stays on track and within budget, even when unexpected costs arise.
What is a program?
A collection of projects.
Project is one single-focused endeavour, programs is managing multiple
projects simultaneosly
What is a portfolio?
A portfolio is a collection of projects and programs across an entire organization.