IMOB: S10 Project Management

... a temporary endeavor, undertaken to create a unique product, service or result within defined constraints.  It concludes when its specific tangible and/or intangible objectives have been attained and its resources have been released to do other work. 

• Protocol

• Project

• Assignment

• Initiative

Choose the characteristics of the project.

• Unique

• Temporary

• Risky

• Endless

Choose example/s of the project

• Organizing a charity fundraiser event

• Planting a garden in your backyard

• Cooking dinner for your family

• Developing a mobile application for a client

How many phases are there in the Project Life-Cycle?

• 3

• 5

• 4

• 6

This Project Lifecycle phase is concerned with understanding the goals, priorities, deadlines, and risks of the project.

• Initiation

• Planning

• Execution

• Termination/Closure

This Project Lifecycle phase is concerned with outlining the tasks and timelines for the project.

• Initiation

• Planning

• Execution

• Termination/Closure

This Project Lifecycle phase is concerned with actioning the plans that have been made and monitoring project performance.

• Initiation

• Planning

• Execution

• Termination/Closure

This Project Lifecycle phase is concerned with handing over the project, analysing results, and summarizing key learnings.

• Initiation

• Planning

• Execution

• Termination/Closure

A startup company has identified a need for a mobile application to provide its customers with a convenient way to access its services. They've conducted a feasibility study to determine if developing the app is a viable solution to their business needs. After confirming feasibility, they've defined the scope of the project, outlining specific features and functionalities required for the app. The company has also identified key stakeholders, including customers and internal teams, to ensure their needs are addressed. Additionally, they've developed a business case outlining the benefits of the app and have started assembling a development team.

Which phase of the project management process is the startup company currently in?

• Initiation

• Planning

• Execution

• Termination/Closure

A construction company is planning to build a new office building for a client. They've identified all the tasks required for the project, including site preparation, foundation laying, structural construction, and interior finishing. Additionally, they've created workflow documents to visualize the project timeline and milestones. The company has estimated the budget for the project, covering expenses for labor, materials, and equipment. They've also gathered a team of architects, engineers, and construction workers to execute the project. Lastly, they've analyzed potential risks such as inclement weather and supply chain disruptions to ensure smooth project execution.

Which phase of the project management process is the construction company currently in?

• Initiation

• Planning

• Execution

• Termination/Closure