Project Management Overview

Question 1

Project Lifecycle

Answer 1

Includes all of the activities in the project from when it starts to when it ends.

• Starting the project
• Organizing and preparing
• carrying out the work
• closing the project

Question 2

Key Life Cycle Characteristics

Answer 2

Question 3

Relationship between project life cycle and product life cycle

Answer 3

A project life cycle and product life cycle may run concurrently. More typically, a project life cycle will fall within the product life cycle. Product life cycle may include several project life cycles

Question 4

The Product Life Cycle

Answer 4

Includes all the activities that take place from the creation of a product to the end of its production or use.

1. Product inception and development
2. Market Introduction
3. market growth
4. market maturity
5. sales decline

Question 5

Cost of changes

Answer 5

As project progresses….

• stakeholder influence, risk and uncertainty decrease,
• Cost of changes increase

Question 6

Phases

Answer 6

Groups of activities that make up a project, logical divisions on how the work is carried out

Question 7

Phase Characteristics

Answer 7

• Sequential
• distinct work
• repeat processes
• end with handoff - deliverable
• have natural end points

Question 8

Phase Life Cycle Structures

Answer 8

• Predictive/ waterfall/ plan driven
• Iterative/ rolling wave planning
• Incremental
• Adaptive life cycle

Question 9

Waterfall Life Cycle

Answer 9

aka preditcive or plan driven

Time, cost and scope are determined early, then phases are executed sequentially

Question 10

Iterative Life Cycle

Answer 10

aka Rolling wave planning

Scope is tentatively determined early in the project then clarified as the project proceeds and more information becomes known.

Focus is on near future planning. Work in early phases is carried out while later phases are still in planning

Question 11

Incremental Life Cycle

Answer 11

Each phase successively adds to functionality of product. Each phase end is marked with a deliverable

Question 12

Adaptive life cycle

Answer 12

aka change driven or agile

Iterative and incremental

High degree of customer involvement. Is used for projects where scope frequently changes.

Question 13

Starting the Project

Answer 13

Determine the need for the project and determine its feassibility and project goals

Question 14

Organizing and preparing

Answer 14

Conduct research and use the results to design a prototype or service for testing. Prepare and implement schedule, identify targets within the project and distribute tasks and resources

Question 15

Carrying out the work

Answer 15

Getting materials and building the product or service as well as QA and modifications and delivery prep

Question 16

Closing the project

Answer 16

Transferring the product or service to those who will maintain or use it,

Completing all contractural commitments, transferring responsibility, training personnel who will maintain th eproduct or service. Rewarding the project team and reassigning them to other projects or divisions.