Project Managment Flashcards
What is a project?
A project is a unique endeavor, and usually includes a set of unique deliverables. It’s also a temporary pursuit, it has a defined beginning and an end. To put it another way, a project is a series of tasks that need to be completed to reach a desired outcome. Reaching that desired outcome takes collaboration and careful planning that keeps the project on track and on budget, that’s where project management comes in.
What is project management?
Project management is the application of knowledge, skills, tools, and techniques to meet the project requirements and achieve the desired outcome. Project management is valuable to businesses because it helps ensure that a project delivers the expected outcomes both on time and within budget.
What’s the difference between a project and a program?
While a project is one single-focused endeavor, a program is a collection of projects. Program managers are responsible for managing many projects.
Successfully implementing programs as a program manager can eventually make you a great fit for more senior positions, such as a senior program manager or a portfolio manager. A portfolio is a collection of projects and programs across an entire organization.
