Project Management

A project

• produces unique product, service or result

• Has an indefinite timeline

• can be progressively elaborated

• is not part of the company portfolio

which of these statements are true about stakeholders ?

• They are Individuals, group, or organization that may affect, be affected by the project.

• The project team are not part of the stakeholders

• Without stakeholders there will be no projects

• They ensure the delivery of the value of the project

What is the role of a project manager ?

• 1. They give importance to active listening, empathizing with speakers, and comprehending the messages

• Guides and supports team members in achieving their goals, improving performance, and enhancing their skills.

• Manages processes, discussions, or meetings to ensure better communication, collaboration, and decision-making.

• Define the roadmap, budget, priorities and make decisions on the direction of the project

Who are the project bosses ?

• Sponsors who are finding the project

• Customer

• Human resources

• Program manager

What are the project constraints ?

What are the correct statements of a adaptive project management ?

• It involves detailed documentation upfront & defining the whole project scope

• It encourages customer collaboration

• It has sequential execution

• it limits the changes with well defined control process and changes fees

Find the true statement about project management

• it requires understanding market needs, defining product strategy

• It focuses in the successful execution and delivery of the project

• It ensures the project is completed on time and within budget

• Project manager aligns between business objective and customer demands

Product vs Project management

• Product manager prepare the roadmap with actionable plan that is executed by project manager and his team

• project management and product management are independent entities

• Project manager reports continuously to product manager the progress of the project

• They are always handled by the same person

Leadership vs Management

• Management focuses on efficient execution but leadership focuses on motivation and inspiring

• A leader can be the manager or any other member of the team

• A good manager is a also a leader that gives guidance and good example

• A manger should maintain stability, order and can be sometimes authoritarian

Which of the following is not true about emotional intelligence?

• Emotional intelligence is important to college success in PM

• Emotional intelligence can be learned.

• Emotional intelligence is fixed.

• Genes play a role in emotional intelligence.