Project Management Flashcards
stages of a project, tools and impact of effective project management
1
Q
What are the 4 stages of a project?
A
- Initiation
- Planningh
- Execution
- Evaluation
2
Q
What is the initiation of a project?
A
- Defining purpose, aims, objectives, resources and roles involved
- Establishing a timescale
3
Q
What should you be doing when executing a project?
A
- Reporting and recording progress
- Monitoring the project
- Managing risks and time
- Communication
4
Q
What are the 6 project management tools?
A
- SWOT
- Stakeholder matrix
- SMART Target
- Gannt chart
- RACI
6.Critical path analysis
5
Q
What does SWOT stand for?
A
Strengths
Weaknesses
Opportunities
Threats
6
Q
What is the stakeholder matrix?
A
The impact of stakeholders
7
Q
What are SMART targets?
A
Specific
Measurable
Achievable
Realistic
Time scale
8
Q
What does RACI stand for, and what does it aid?
A
Reasonable
Accountable
Consulted
Informed
Helps assign roles and delegate key tasks
9
Q
What is the critical path analysis for?
A
To protect time, priorities tasks and resources
10
Q
What is the impact of effective project management on the admin role?
A
- Clear responsibilities and objectives
- Ability to manage time and resources
- Ability to prioritise tasks
11
Q
What is the impact of effective project management on the organisation?
A
- Identifies opportunities to adapt
- Successful resolutions
- Saved costs and efforts
- Meets proposed aim
