Lecture 1 - Introduction

Question 1

A project is a set of tasks that… (5)

Answer 1

• are related to each other
• have specific goals and/or objective
• have defined start and end dates
• have funding limits
• consume resources

Question 2

What is management? (4)

Answer 2

The process of planning, organizing, directing, and controlling the efforts of the people working towards an organizational goal

Question 3

TF: Project management concerned with just making sure project is completed within time and within scope

Answer 3

False. Also concerned with completing project within cost and effectively and efficiently utilizing resources and managing risks and opportunities

Question 4

What does planning involve in Project Management?

Answer 4

Foreseeing a course of action to achieve organizational objectives

Question 5

What does directing involve in Project Management?

Answer 5

Setting an atmosphere that will assist and motivate people to achieve desired results

Question 6

What does organizing involve in Project Management?

Answer 6

Preparing and relating work for accomplishment of objectives and assignment of responsibilities and authority to obtain objectives

Question 7

What does controlling involve in Project Management?

Answer 7

Monitoring, measuring, and adjusting performance of activities toward objectives according to plan

Question 8

What does staffing involve in Project Management?

Answer 8

Choosing and training people for positions in organization

Question 9

What are the four Ps project managers focus on?

Answer 9

• People
• Product
• Process
• Project