SE 5 Flashcards

1
Q

A project…

A

A temporary endeavor
undertaken to create a unique
product , service or a result”

ex:* Final year project
* Going out for dinner

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2
Q

Project Quality

A

Quality of the project can be determined by
using three main constraints.
* Triple Constraints
* Scope – What is the project trying to
accomplish?
* Time – How long will it take to complete?
* Budget – What will be the cost ?

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3
Q

What is Project Management?

A

The application of
knowledge, skills ,
tools and techniques
to project activities
in order to meet
project requirement

➢Improved customer relations.
➢Lower costs
➢High quality products , services

ex: * Customers
* Users
* Suppliers
* Competitors

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4
Q

Internal Stakeholders

A
  • Project manager
  • Sponsor
  • Vendors
  • Customers
  • Users
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5
Q

Top level

A

➢Board of Directors
➢Managing Director
➢Chairman
➢Chief Executive Officer

Determination of the objectives for the organization.
▪ Framing of plans and policies
▪ Coordination and control of the performance.

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6
Q

Middle

A

Serves as a link between the Top Level Management
and the Lower Level Management.

Department heads& Managers including
Production, Purchase, Finance, Personnel,
Marketing

Recruit and select suitable employees for different departments
based on the applicant’s skills, etc., And the firm’s requirements.
* Assigning of duties and responsibilities to the lower level
management
* Motivating employees to get desired objectives

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7
Q

Low

A

as they directly interact with
the actual work force and interpret the instructions of the middle level
managers to them.

ex: foremen, supervisors, section
officers, superintendents, and other managers who have direct control
over the operative employees of the organization.

  • Representing workers’ grievances:
  • Ensuring a safe and proper work
    environment
  • Issuing of orders and instructions
  • Preparation of plan for activities
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8
Q

Project Management phases

A

1.Initiation
2.planning
3.executing
4.Monitoring and controlling
5.closing

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9
Q

project manager

A

Planning , scheduling &
working with people to achieve project
goals.

A leader focuses on long-term goals &
big-picture objectives while inspiring
people to reach those goals.

SKILLS
▪ Be comfortable with change
▪ Understanding of the organization
▪ Project environment knowledge
▪ Be able to lead teams to accomplish project
goals

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10
Q

Internal Stakeholder

A

Any person/party who is involving in the
project or affected by the project
Internal/external
Primary/secondary

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11
Q

External stakeholders

A
  • Media
  • Government
  • Competitors
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12
Q
A
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13
Q

SWOT

A

A technique used to analyze the internal and
external factors that can be affect to the business
environment (positive & negative)

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14
Q

Strengths

A
  • Brand recognition
  • Ease of use
  • Innovative products
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15
Q

Weaknesses

A
  • High price
  • Lack of experience
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16
Q

Opportunities

A
  • Expand distributed options
  • Create new product lines
  • Technological advancement
17
Q

Threats

A
  • Laws and regulations
  • International issues
  • Tough competition