Learning objectives - Project Management Approaches

Project management approaches in organisations are used to:

• Improve efficiency and achieve project goals

• Increase project costs

• Reduce team collaboration

• Delay project completion

Explain the approaches of different types of methodologies.

• Waterfall, Agile, and Spiral are examples of different types of methodologies.

• Methodologies do not have different approaches.

• All methodologies follow the same approach.

• There are no approaches in methodologies.

Types of projects that would use a project management approach include:

• Routine daily tasks

• Unique, temporary endeavors with specific goals

• Ongoing maintenance work

• Unstructured brainstorming sessions

The importance of using a suitable project management approach for different types of projects is to:

• Ensure project success by matching methods to project needs

• Increase project costs unnecessarily

• Ignore the unique requirements of each project

• Delay project completion intentionally

Not following a project management approach can lead to which of the following consequences?

• Improved team communication

• Increased project success rate

• Missed deadlines and budget overruns

• Better resource allocation

What is project management (PM)?

• Project management (PM) is the process of initiating, planning and utilising all the resources required to bring a specific, one-off, time-constrained goal to a successful conclusion.

• Project management (PM) is the ongoing process of managing daily business operations.

• Project management (PM) is the process of hiring employees for various departments.

• Project management (PM) is the method of marketing products to increase sales.

Which of the following is NOT a project management process?

• Initiating project

• Setting deliverables

• Scoping the project

• Cooking dinner

The process of ________ involves defining what needs to be achieved and the work required to deliver the project.

• Scoping the project

• Budgeting the project

• Closing the project

• Executing the project

Which project management process involves creating a plan for how the project will be carried out?

• Implementation plan

• Risk management

• Monitoring and reporting

• Managing resources

Project management is a constant activity or process with no specific start or end dates.

• True

• False