Project Management Flashcards
1
Q
What are the four basic elements a project leader must manage?
A
Resources
Time
Money
Scope
2
Q
What the five processes of project management?
A
- Initiation
- Planning
- Execution
- Monitoring
- Closure
3
Q
What is PERT?
A
Program Evaluation and Review Technique
Emphasizes critical path and uses slack time
4
Q
What is GERT?
A
Graphical Evaluation and Review Technique
Useful with projects where many approaches may be used
5
Q
What is ABC Analysis?
A
A - urgent and important
B - Important but not urgent
C - neither urgent nor important
