module 3 project charcateristis

Question 1

projects

Answer 1

temporary endeavor with a specific start and end date

Question 2

operations

Answer 2

are the ongoing, daily activities of an organization that produce revenue and expense.

Question 3

program

Answer 3

a group of related projects

Question 4

portfilio

Answer 4

is a group of related programs that support a long-term company goal or objective. The projects in a portfolio may individually address separate initiatives within the organization but collectively move the organization toward meeting a long-term goal or objective.

Question 5

charter

Answer 5

is a group of related programs that support a long-term company goal or objective. The projects in a portfolio may individually address separate initiatives within the organization but collectively move the organization toward meeting a long-term goal or objective.

Question 6

project life cycle

Answer 6

1. defining-charter
2. planing-WBS, resource labelling. baselines.
3. executing
4. closing -Project deliverables, vendor closing checkout, lessons learned, action Reviewed