ENGINEERING PROJECT MANAGEMENT

What is a project?

• a collection of activities that are managed as a group to achieve strategic objectives

• It is the framework used to align project, program, and portfolio management practices with organizational strategy

• It is a collection of programs that are managed as a group to achieve strategic objectives

• a temporary endeavor undertaken to create a unique product, service, or result

What are the main phases of a project life cycle?

Select all that applies

• Initiation

• Planning

• Execution

• Monitoring and control

• Closure

One of characteristics of Project

• Repetitive process

• Long time task

• Unique task

• High cost task

What is management

• to divide and rule

• to evaluate and punish

• to control cash flow

• to plan schedule and control

Project Management Triangle consist of

• Time, money, scoop

• Quality, Cost, Delivery

• Scope, Time, Quality

• Cost, Scope, Time

Project Management Life Cycle consist of

• Initiation

• Planning

• Execution, Monitoring and Control

• Closure

The scope is the foundation of:

• Your cost estimate and the project schedule

• Scope creep

• Client communication

• The building and testing phase

What organization manages project management standards and certifications?

• AIGA (American Institute of Graphic Arts)

• The Project Management Association of America

• The Project Management Institute

• The American Association of Project Management

How are project costs calculated?

• By adding human resources (staff hours times billing rates), plus the marked-up costs of material resources

• By adding up the costs of all materials

• By a calculation so complicated only a computer could do it

• By multiplying the human resources by the material resources

During which phase are the systems set up for monitoring the three main elements of the project plan (scope, schedule, and costs)?

• Building and testing phase

• Implementation or publishing phase

• Design phase

• Planning and analysis phase