Week 2 (Chapter 1 & 11)

Question 1

What are the three context of project?

Answer 1

Business, people, tech

Question 2

What is a project?

Answer 2

A TEMPORARY event that ENDS when the OBJECTIVE is ACHIEVED

Question 3

What are some characteristic of a project?

Answer 3

Have a scope - what needs to be done and how do we know when it’s done
Require coordination (more than 2 people)
Unique and involve risk/opportunity
Require temporary use of resources
Have a start and end date

If these criteria are not met, then it is a business process and not project

Question 4

What is project management?

Answer 4

The APPLICATION of knowledge, skills, tools, and techniques to project activities to meet project requirements (goals)

Process of planning, monitoring, and controlling a set of activities to achieve objective

Question 5

What is project management?

Answer 5

The APPLICATION of knowledge, skills, tools, and techniques to project activities to meet project requirements (goals)

Process of planning, monitoring, and controlling a set of activities to achieve an objective

Question 6

What is domain knowledge?

Answer 6

The uniqueness of requirements, problems, issues, and concerns of each project

Question 7

What are some approach to PM?

Answer 7

Traditional
Agile
Hybrid

Question 8

What is PM Life Cycle?

Answer 8

Includes all the necessary steps from beginning to the end, needed to complete the project

Question 9

What are the phases in PM Life Cycle?

Answer 9

Initiating
Planning
Executing
Monitoring and Controlling
Closing