Defining Project Management

Front

What is project management according to PMI's PMBOK Guide?

Back

Project management is the application of knowledge, skills, tools, and techniques to project activities to achieve a specific goal.

Front

What are the four phases of the project life cycle?

Back

The four phases are defining, planning, executing, and closing.

Front

What happens during the defining phase of a project?

Back

In the defining phase, the project is initiated, a sponsor and manager are determined, and a project charter is created.

Front

What is the purpose of a project charter?

Back

A project charter is an agreement among the sponsor and key stakeholders that defines the project and authorizes resources, roles, responsibilities, authorities, and scope.

Front

Why is planning important in project management?

Back

Planning is crucial because it increases the probability of project success by considering technology, business processes, staffing, training, testing, communications, budget constraints, and integration with operations and other projects.

Front

What are some challenges faced during the executing phase?

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Challenges include unexpected changes in the competitive environment, new organizational priorities, loss of key project resources, and previously unidentified risks.

Front

What is the role of a project manager during the executing phase?

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The project manager oversees and manages work, monitors actual activities relative to planned activities, and ensures sound communication about progress and issues.

Front

What signifies the closing phase of a project?

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The closing phase signifies that project deliverables have been successfully launched and project efforts are complete, including a review and transfer of lessons learned.

Front

Why might a project be closed before completion?

Back

A project might be closed early due to unexpected changes in the business climate, changes in company strategy, or realization that the project's triple constraints cannot be met.