Project Management - Definitions

Question 1

Definition of a Project

Answer 1

A project a temporary endeavour undertaken to create a unique product, service or result and has a definite beginning and end

Question 2

What are the main characteristics of a Project?

Answer 2

Projects are Unique Projects are generally temporary in nature and have a beginning and end. Projects are only completed when the goals are achieved or when the project is no longer viable

Question 3

What are some Project Constraints?

Answer 3

Cost, Scope, Risk, Quality, Resources and Time.

Question 4

Project Environment What are the 5 main factors to consider in regards to Project environment?

Answer 4

Cultural Social International Political Physical

Question 5

What are some Project Constraints?

Answer 5

Cost, Scope, Risk, Quality, Resources and Time.

Question 6

What is the Critical Path of a Project?

Answer 6

This is the longest full path of the project and sets the earliest start time and earliest finish time.

Question 7

Quick definition of problem solving

Answer 7

Problem Solving is the ability to understand the heart of the problem, look for viable solutions and then make a decision to implement those solutions.

Question 8

What is the First step of Problem Solving?

Answer 8

Identify & define the problem.

Question 9

What are the 4 stages of a Projects life cycle?

Answer 9

1. Initiation Phase
2. Planning Phase
3. Implentation (Execution) Phase
4. Closure Phase