It is a temporary activity intended to create a unique product, service or outcome

(a)  

refers to men, money, and materials

(a)  

is another important aspect of project resource planning.

(a)  

refers to uncontrolled, continuous changes in a project’s scope.

(a)  

the application of knowledge, skills, tools, and processes to project activities in order to meet project requirements.

(a)  

Project management is carried out by applying and integrating the (a)   logically organized project management processes that comprise the 5 Process Groups

The five project management process groups are:

(a)  

The goal for this phase is to define the project

(a)  

This phase includes developing a roadmap for everyone to follow.

(a)  

In this stage, the project team is built and deliverables are created. PMs will monitor and measure project performance to ensure it stays on track.

(a)  

The project is completed, a post-mortem is held, and the project is transferred to another team who will maintain it.

(a)  

are responsible for the planning, executing, monitoring, controlling, and completion of projects, so they must have a complete understanding of the subject matter

(a)  

Responsibilities of project managers

(a)  

According to (a)   “leadership is the skill of convincing people to do what you believe should be done.”

is the management of the time spent, and progress made, on project tasks and activities.

(a)  

is the listing of activities, deliverables, and milestones within a project.

(a)  

is one of the six major functions of project management, according to the Project Management Institute

(a)  

The most common form of project schedule is (a)  

is an approach commonly used in construction project management that bases the project schedule on the project’s critical path, i.e., the number of tasks involved in the project and the order in which those tasks must be completed

(a)  

is the group of tasks essential to the project’s success, put in sequential order. There can be other tasks involved in a project too, but if they are not on the critical path, they’re known as float tasks

(a)  

involves using a visual mapping tool known as a PERT chart to plan the overall project schedule. It contains a number of boxes, which each represent a project activity or task. Within each box, there are seven sections, each referring to a different piece of information about the task, such as its duration, its slack, and how early or late the task can start or finish. This chart is similar to a Gantt chart but contains more detail, meaning it is more suited to initial timeline planning, while Gantt charts are better used to track time during the course of the project.

(a)  

is a visual, hierarchical and deliverable-oriented deconstruction of a project. It is a helpful diagram for project managers because it allows them to break down their project scope and visualize all the tasks required to complete their projects.

(a)  

is the first phase of the entire project management life cycle. The goal of this phase is to define the project, develop a business case for it, and get it approved

(a)  

is critical to creating a project roadmap the entire team can follow. This is where all of the details and goals are outlined in order to meet the requirements laid out by the organization

(a)  

This stage is where the bulk of the project happens. Deliverables are built to make sure the project is meeting requirements. This is where most of the time, money, and people are pulled into the project.

(a)  

This phase happens in tandem with the execution phase. As the project moves forward, the project manager must make sure all moving parts are seamlessly headed in the right direction. If adjustments to the project plan need to be made due to unforeseen circumstances or a change in direction, they may happen here.

(a)  

is a critical step in the project management life cycle. It signals the official end of the project and provides a period for reflection, wrap-up, and organization of materials.

(a)  

Actual project management procedures

(a)  

what are the 10 reasons why project fails?

(a)  

“description of something in the future”

(a)  

“mental perception of the kind of environment an individual, or an organization, aspires to create within a broad time horizon and the underlaying conditions for the actualization of this perception”

(a)  

it answers the question : “What will success look like?”

(a)  

it addresses the ‘where are we going’ questions and explains the course and direction chartered by management.

(a)  

Limitations of a Vision Statement

(a)  

give benefits of having a vision

a statement which defines the role that an organization plays in a society

(a)  

It refers to the particular need of that society for instance, its information needs.

(a)  

It is an enduring statement of purpose that distinguishes one firm from other similar firm.

(a)  

difference of mission from vision

Components of Mission Statement

(a)  

give 6 Characteristics of Good Objectives

(a)  

Help to remove confusion about the target at which efforts should be directed

(a)  

should be stated in terms of a time frame within which they should be attained

(a)  

Since objectives are set in the future, which cannot be predicted, exactly there should be room for altering an objective should the environment change

(a)  

Objectives are balanced act between being too easy and too difficult

(a)  

Should be stated in quantifiable, measurable terms

(a)  

what are the factors affecting objectives?

(a)  

is a specific target that a firm intend to reach in long term

(a)  

A describes clearly the activities and task to be completed by an individual, a department or an organization

(a)  

Goals should be m_______, q________, c_______, r_______, c______ and p______.

(a)  

what are the two types of goals

(a)  

These goals focus on achieving a certain level of financial performance, measured in terms of return in investment or growth of revenues

(a)  

the goals focus on achieving strategic or competitive advantages within the industry, like technology leadership, creativity and innovation and superior customer service

(a)  

is the process of identifying and analyzing potential future events that may adversely impact a company.

(a)  

What Are the Main Components of a Risk Analysis?

(a)  

is the process of identifying what risks are present

(a)  

is the procedures in place to minimize the damage done by risk.

(a)  

is the company-wide approach to acknowledging and addressing risk. These three main components work in tandem to identify, mitigate, and communicate risk.

(a)  

One of the inevitable tasks project managers have, as part of any project, is (a)  

may be defined as the chance of certain occurrences adversely affecting project objectives, the degree of exposure to negative events, and their probable consequences.

(a)  

is a situation that may induce project risks

(a)  

what are the 3 common types of project risks

(a)  

cannot be controlled by an organization, and include political, economic and natural risks.

(a)  

are ones that a project manager or a risk management team can manage and are the most common project risks.

(a)  

-is the growth of project costs that were not calculated. In other words, it is the risk that the project will cost more than its allocated budget.

-This is perhaps the most common of all the project risks, and it happens due to poor budget planning, not managing resources correctly, inaccurate cost estimation, and scope creep.

(a)  

is the risk of activities taking longer than expected. Typically, this risk is also due to poor planning.

(a)  

is essentially the danger of the project failing to deliver results that meet the project's specifications.

(a)  

is defined as the formal process whereby risk factors are systematically identified, assessed, and provided for.

(a)  

Why is Project Risk Management Important?

what are the 6 key steps in the risk management process

(a)  

This is the first step in the risk management process because you cannot resolve a risk if you do not know what it is.

(a)  

is a process that is used to identify and analyse potential problems that could negatively impact the project

(a)  

This step in the risk management process is key. All the hard work done identifying, analyzing, and prioritizing risks would be for nothing if you don't assign the task of overseeing it to someone.

(a)  

In this step, you can put to use everything you have prepared so far. But first, you need to identify if the risk is positive or negative.

(a)  

This step is tracking the progress of the initiative chosen for risk resolvement.

(a)  

5 Tips to reduce risks in project management

(a)  

is a list of all possible risk events that have the potential to negatively impact the project.

(a)