Introduction to Project Engineering Flashcards
What are the three components of a project?
Scope, Budget, and Schedule
What is the project schedule?
The project schedule is a logical sequencing and timing or the work to be performed
What is a project scope?
the work to be accomplished
What is the Budget?
The cost measured in dollars or hours
What are the characteristics of a project?
A project must: introduce change, be temporary, have specific objectives, be unique, involve risk and uncertainty, and require resources. (RUC TOUR)
A successful project is…
one the meets or exceeds the expectations of the stakeholders
What is the Triple Constraint
The triple constraint is the scope, budget, and schedule of a project (quality attached to all). Adjusting one corner of the triangle affects the other two.
What is a project?
A temporary endeavour undertaken to create a unique product, service or result.
What is a Program?
a group of related projects managed in a coordinated way to obtain benefits
What is a portfolio?
A group of projects and/or programs that are grouped together to facilitate effective management
True or false: Quality is the responsibility of everyone involved in the project?
True
What are some owner Responsibilities?
-Setting the criteria of project ( size, function), cost parameters, define major milestones and completion dates, define their level of involvement.
