Project Management

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What is Project Management?

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Project Management is the process of planning, executing, and closing projects, ensuring that goals are met within specified constraints such as time, budget, and resources.

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What are the key phases of Project Management?

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The key phases of Project Management are Initiation, Planning, Execution, Monitoring and Controlling, and Closing.

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What is a Project Charter?

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A Project Charter is a document that formally authorizes a project, outlining its objectives, scope, stakeholders, and the authority of the project manager.

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What is a Gantt Chart?

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A Gantt Chart is a visual project management tool that displays the timeline of a project, showing tasks, durations, and dependencies.

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What is a Stakeholder in Project Management?

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A Stakeholder is any individual or group that has an interest in the outcome of a project, including team members, clients, and sponsors.

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What is Scope Creep?

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Scope Creep refers to the uncontrolled expansion of project scope without adjustments to time, cost, and resources.

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What is a Risk Management Plan?

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A Risk Management Plan outlines how to identify, assess, and manage risks throughout the project lifecycle.

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What is the difference between a Project and a Program?

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A Project is a temporary endeavor with a specific goal, while a Program is a group of related projects managed in a coordinated manner.

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What is a Work Breakdown Structure (WBS)?

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A Work Breakdown Structure (WBS) is a hierarchical decomposition of a project into smaller, more manageable components or tasks.

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What is the purpose of a Project Schedule?

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A Project Schedule outlines the timeline for project activities, helping to ensure that tasks are completed on time.