Resource Allocation

Front

What does it mean to allocate resources to a project?

Back

To distribute or assign available resources (such as time, money, personnel, etc.) to a specific project.

Front

undertake a feasibility study

Back

Do research to check if the project idea is possible and practical.

Front

meet project milestones

Back

Complete key stages of the project on schedule.

Front

manage stakeholder expectations

Back

Communicate clearly to help clients or sponsors stay realistic about what can be done.

Front

What is the purpose of a project charter?

Back

To formally authorize a project and outline its objectives, scope, and stakeholders.

Front

conduct a risk assessment

Back

Identify potential risks that could impact the project and evaluate their likelihood and impact.

Front

ensure project quality

Back

Implement processes to maintain the standards and requirements of the project deliverables.

Front

overrun the project budget

Back

Spend more money than was originally planned.

Front

handle unforeseen issues

Back

Deal with unexpected problems that come up during the project.