PM Flashcards
Why is PM important?
Gives direction and leadership
ensures communication routes
plans budget
ensures the project stays on track
reduces risk of failure
What is PM?
Project management is the process of initiating, planning and utilizing all the resources required to bring a specific one-off time constrained goal to a successful conclusion.
What are the processes of project management?
Initiating project
Setting deliverables
Scoping the project
Implementation plan
Managing resources
Monitoring and reporting
What is the initiation phase?
Identify goals
Consider priorities
Consider risks
What is the planning phase
Create a detailed plan of tasks
identify who is responsible for each task
include every resource needed.
What is the implementation phase?
Manage team members
track progress
communicate project progress.