Day 1 Course Flashcards

1
Q

Risk Assessment Process

A
Identify
Decide
Evaluate
Record
Review
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2
Q

Definition of Project

A

A unique, transient endeavour undertaken to achieve planned objectives.

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3
Q

Definition of Project Management

A

The application of processes, methods, knowledge, skills, and experience to achieve the project objectives.

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4
Q

Project Success Factors

A
Technical Expertise
Good Communication
Good Objectives
Clear Requirements
Stakeholder Managment
Management Support
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5
Q

Project Life-Cycle

A

Concept
Definition
Development
Handover and Closeout

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6
Q

Extended Project Life-Cycle

A
Concept
Definition
Development
Handover and Closeout
Benefits Realisation
Operations
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7
Q

Product Life-Cycle

A
Concept
Definition
Development
Handover and Closeout
Benefits Realisation
Operations
Termination
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8
Q

Benefits of Life-Cycles

A
Rolling Wave Planning
Improved Estimating Accuracy
Improved Risk Management
Funding Allocated IN Chucks
Go/No Go decision points
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