PM Chapter 1 (Project Management Overview)

What are some characteristics of a Project?
(Multiple answers)

• Finite in length

• Fixed budget

• Temporary

• No time frame

What is a Project?

(Multiple answers)

• Specific objective

• Start and end dates

• Unlimited funding

• Human and non human resources

Identify ALL the Projects.

• Installing a CCTV system

• Launch a new advertising campaign

• Construct a building

• Implement a new business process

Identify 3 elements in a Project.

• Time

• Cost

• Scope

• Manpower

Which one of the following describes "individual pieces of work that needs to be done to meet the project objective"?

• Task / Scope

• Quality

• Cost

• Resource

In project management, people, equipment and materials are classified as

• Cost / Resources

• Tasks

• Schedule

• Scope

In project management, the specified deadline to complete the project is the

• Cost

• Time

• Resource

• Scope

The discipline of planning, organizing, securing and managing resources is called

• Project management

• Risk assessment

• Schedule

• Budget

Identify ALL the conditions for a successful project management.

• Within time

• Within cost

• Desired performance

• Rejected by customer

Identify the challenges of project management.

(Multiple answers)

• Unrealistic deadlines

• Scope changes

• Failure to manage risks

• Customers not engaged with project