Chapter 9 - The concept of project management Flashcards
What is a project?
A project is a unique undertaking to achieve a specific objective
A project has a defined beginning and end.
A project has resources, like staff and funding allocated specifically for the length of the project
The project will also have stakeholders
A project will inevitably have some degree of uncertainty as the uniqueness of it will lead to some degree of risk in the deliverables and the activities to achieve the deliverables
What are constraints?
Constraints are anything which restricts, limits, prevents or regulates activities being carried out
What are the primary constraints when running a project (project triangle)?
Time
Cost
Quality
What are some other constraints when running a project excluding the project triangle?
Legal
Technological
Political
Environmental
Ethical
What is the project lifecycle according to Gido and Clements?
Need > Solution > Implementation > Completion
What is PMI’s 5 project management process (IPECC)?
Initiating > Planning > Executing > Controlling > Closing
Why would a project be intiated?
To help meet the company’s long term goals and objectives.
Process/service enhancement
Solve problems identified internally or externally.
To take advantage of new opportunities.
Statutory/legal requirement.
What types of feasibility would be considered when looking at potential strategies and the aim of the study?
Technical feasibility - can it be done?
Social (operational) feasibility - does it fit with current operations?
Ecological (environmental) feasibility - how does it affect the environment?
Economic (financial) feasibility - is it worth it?
What is a PID?
Project Initiation Document, reference document produced at the outset of a project – at the end of the initiation stage
What is the primary reasons for having a Project Initiation Document (PID)?
For authorisation by the project steering committee or project board
To act as a base document against which progress and changes can be assessed
What sections should a Project Initiation Document (PID) contain?
Purpose statement - explain why project is being undertaken
Scope statement - puts boundaries to the project by outlining the major activities
Deliverables
Cost and time estimates
Objectives
Stakeholders
Chain of command - a statement (and diagram) of the project organisation structure.
Why is the planning stage of a project essential?
communicate what has to be done, when and by whom
encourage forward thinking
provide the measures of success for the project
make clear the commitment of time, resources (people and equipment), and money required for the project
determine if targets are achievable
identify the activities the resources need to undertake.
What detailed plans are required for a project?
Time
Cost
Quality
Resources
Contingency
Communication
Deliverables
What must we have in place so everyone knows how change is managed?
An agreed change management process
What is a change control process?
not to stop change happening, but to ensure that the changes, which will inevitably be required during the project, are agreed and communicated to all parties before they are implemented