PM1 (Finals)

A complex, non-routine, one-time effort limited by time, budget, resources and performance specifications designed to meet customer needs

manages temporary, non-repetitive activities and frequently acts independently of the formal organisation

is implemented through projects.

Open and regular communication on project selection criteria, process and transparency helps project teams with priorities. 

A series of coordinated, related, multiple projects that continue over an extended time and are intended to achieve a goal

The hierarchical outline map that identifies the products and work elements involved in a project, is the lowest level of the WBS.

A flow chart that graphically depicts the sequence, interdependencies and starts and finish time of the project job plan of activities, i.e. the critical path through the network.

Types of Management Structures

Answer explanation

Functional organisation

Dedicated project teams

Matrix organisation

Defining the project

Answer explanation

Step 1: Defining the project scope

Step 2: Establishing project priorities

Step 3: Creating the work breakdown structure (WBS)

Step 4: Integrating the WBS with the organisation

Step 5: Coding the WBS for the information system

The tendency for the project scope to expand over time due to changing requirements, specifications and priorities