Unit 1.01 - 1.02 Project Management

•Ability of a process or product to satisfy both stated and implied needs, with those needs being defined by the stakeholders.

•Defines the boundaries of the project and what is outside those boundaries.

•Amount of money that will be required to complete the project successfully.

Establishing a timeline for completion of the project,

•Two-way process of reaching mutual understanding in which participants not only exchange information, but also create and share meaning.

•Threat of a damage, liability, loss, or other negative occurrence that is caused by external or internal vulnerabilities, and that may be minimized or neutralized through preemptive action.

The way that businesses and organizations purchase or obtain goods or services. 

•Knowledge, skills, values, and attitudes of those working on the project.