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Summary PRM3701 Exam Study Notes

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PRM3701 - Project Management (PRM3701)
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These are important revision summary notes to be studied in conjunction with the other study materials. This will save you much needed time in your studies which you can allocate to other modules. These are the kind of revision materials that helps you finish your degree quicker. It worked for me and will do so for you. Once understood your chances of passing this module is greatly enhanced.

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MODULE :PRM3701

,PRM3701 Exam Study Notes

Contains:
• Exam Study Notes
• Chapter 1 -17

, Student Version

CHAPTER ONE




Modern Project
Management
McGraw-Hill/Irwin




McGraw-Hill/Irwin
Copyright © 2011 by The
McGraw-Hill Companies, Inc. All
rights reserved.

, What is a Project?
• Project Defined
– A complex, nonroutine, one-time effort limited by time,
budget, resources, and performance specifications
designed to meet customer needs.
• Major Characteristics of a Project
– Has an established objective.
– Has a defined life span with a beginning and an end.
– Requires across-the-organizational participation.
– Involves doing something never been done before.
– Has specific time, cost, and performance
requirements.

1–3

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