Unit 4

Question 1

Project Management Method contains…

Answer 1

Life Cycle
Procedures for risk management, change control, etc
Checklists and general guidance (gate review lists)
Org structure with roles & responsibilities
Templates

Question 2

Advantages of Project Management Methods

Answer 2

Structure
Based on Best Practice
Consistency - documents, reporting, approach
Tailoring for complexity (high/low)
Improved confidence/governance
Training is easier
Continuous improvement environment
Stops reinventing the wheel
Common language - project cross over

Question 3

Good Governance comes from…

Answer 3

Project Sponsors
Life Cycle
Business Case - strategy
Reporting (Gate reviews)
Scrutiny (audits)
Engaged stakeholders
Frank disclosure
Culture of improvement