PM Intro

Question 1

What is Project Management?

Answer 1

Practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time

This definition outlines the comprehensive process involved in managing a project effectively.

Question 2

What is a Project?

Answer 2

A temporary organization that is created for the purpose of delivering one or more business products according to an agreed upon business case

A project has a defined start and end date, distinguishing it from ongoing operations.

Question 3

What is Business as Usual?

Answer 3

Work that is conducted by an organization on a daily basis

This refers to the routine operations that sustain an organization.

Question 4

Can Agile be used for projects and business as usual?

Answer 4

Yes, Agile can be used for both projects and business as usual

Agile methodologies are flexible and can adapt to both project management and routine work.

Question 5

What frameworks are only used for projects?

Answer 5

PRINCE2® and PRINCE2 Agile

These frameworks are specifically designed for project management, not for ongoing business operations.

Question 6

List the characteristics of a project.

Answer 6

• Temporary
• Team is created
• Difficult
• A degree of uncertainty

These characteristics highlight the distinct nature of projects compared to routine business operations.

Question 7

List the characteristics of Business as Usual (BAU).

Answer 7

• Ongoing
• Stable team
• Routine
• A degree of certainty

BAU characteristics reflect the predictable and continuous nature of daily operations.

Question 8

True or False: Organizations only need projects.

Answer 8

False

Organizations require both projects and ongoing business operations to function effectively.