Chapter 1: INTRODUCTION TO PROJECT
MANAGEMENT
A project is a manner to create... - ANS--a product
-an improvement
-a service
-a end result
Cost - ANS-Total expected expenses to deliver a a success challenge
Operations (initiatives vs operations) - ANS--operations are ongoing and repetitive
-purpose of ongoing operations is to sustain the commercial enterprise
-operations undertake revises objectives and the work endured
Portfolio - ANS-a set of projects, programs, and operations managed as a group to aid
strategic targets
Portfolio Management - ANS-Prioritizes and selects right assignment for agency by using
maximizing go back on investments
Program - ANS-is grouped within a portfolio
Program Management - ANS-Harmonizes and coordinates multiple tasks
Progressive elaboration... - ANS-..Lets in a task group to define work and manage it to a
more degree of element because it evolves
Project Management - ANS-Develops and implements plans to gain a particular scope on an
man or woman mission
Project Management - ANS-The utility of understanding, capabilities, gear, and strategies to
mission sports to meet the mission necessities
Project Management Office (PMO) - ANS-a control shape that standardizes assignment
related paintings. It can function a stakeholder and key selection maker in an business
enterprise. The number one function is to guide task managers via coaching and mentoring,
tracking and compliance, handling shared assets, identifying best practices, requirements,
rules, techniques and templates
Project, application, and portfolio ... - ANS-...Are driven by means of organizational
techniques
Projects (projects vs operations) - ANS--Projects are transient endeavors
-they may be unique
-cause is to perform its targets after which terminate
-venture is completed as soon as deliverables were accomplished
Scope - ANS-What wishes to be done and all the paintings involved to deliver a successful
assignment
The five process groups (Project existence cycle) - ANS-1. Initiating
2. Planning
three. Executing
four. Monitoring and Controlling
5. Closing
MANAGEMENT
A project is a manner to create... - ANS--a product
-an improvement
-a service
-a end result
Cost - ANS-Total expected expenses to deliver a a success challenge
Operations (initiatives vs operations) - ANS--operations are ongoing and repetitive
-purpose of ongoing operations is to sustain the commercial enterprise
-operations undertake revises objectives and the work endured
Portfolio - ANS-a set of projects, programs, and operations managed as a group to aid
strategic targets
Portfolio Management - ANS-Prioritizes and selects right assignment for agency by using
maximizing go back on investments
Program - ANS-is grouped within a portfolio
Program Management - ANS-Harmonizes and coordinates multiple tasks
Progressive elaboration... - ANS-..Lets in a task group to define work and manage it to a
more degree of element because it evolves
Project Management - ANS-Develops and implements plans to gain a particular scope on an
man or woman mission
Project Management - ANS-The utility of understanding, capabilities, gear, and strategies to
mission sports to meet the mission necessities
Project Management Office (PMO) - ANS-a control shape that standardizes assignment
related paintings. It can function a stakeholder and key selection maker in an business
enterprise. The number one function is to guide task managers via coaching and mentoring,
tracking and compliance, handling shared assets, identifying best practices, requirements,
rules, techniques and templates
Project, application, and portfolio ... - ANS-...Are driven by means of organizational
techniques
Projects (projects vs operations) - ANS--Projects are transient endeavors
-they may be unique
-cause is to perform its targets after which terminate
-venture is completed as soon as deliverables were accomplished
Scope - ANS-What wishes to be done and all the paintings involved to deliver a successful
assignment
The five process groups (Project existence cycle) - ANS-1. Initiating
2. Planning
three. Executing
four. Monitoring and Controlling
5. Closing
