Project-Management Terms Flashcards
1
Q
What is SWOT stands for?
A
SWOT stands for an acronym for strengths, weaknesses, opportunities, and threats
2
Q
Describe the SMART criteria.
A
A S.M.A.R.T. goal is defined as one that is specific, measurable, achievable, results-focused, and time- bound.
3
Q
What is an action plan?
A
The action plan is a detailed plan outlining actions needed to reach one or more goals.
4
Q
What is feasibility study?
A
A feasibility study is an analysis of how successfully a project can be completed, accounting for factors that affect it such as economic, technological, legal and scheduling factors. Project managers use feasibility studies to determine potential positive and negative outcomes of a project before investing a considerable amount of time and money into it.
