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Project Management Exam 2026

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Project Management Exam 2026

Institution
Mgmt
Course
Mgmt

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Project Management Exam
2026

Project—ANSWER--A temporary endeavor undertaken to create a unique product service or

result


Management—ANSWER--Act ot coordinating the efforts of people to accomplish desired

goals and objectives using available resources (eg. Money, workers, equipment, manpower)




Includes:


-Identifying requirements


-Establishing clear and achievable objectives


-Balancing the competing demands for quality, scope time and cost


-Adapting specifications, plans and concerns for the stakeholders


PM Characteristics—ANSWER--1. Management is goal oriented process


2. Multidimensional (work, people and operations)


3. A continuous process


4. Group activity

,5. Dynamic function


6. Intangible force


Knowledge Areas—ANSWER--Scope Management


Time management


Cost management


Stakeholder management


Human resource management


Communication management


Procurement management


Risk management


Quality management


Integration management


Project management—ANSWER--Checking planning, organizing, motivating and controlling

resources to achieve specific goals




Application of:


knowledge, skills, tools and techniques


to protect activities to meet or exceed stakeholders' expectations while using resources

efficiently and effectively


© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald

,Project Life Cycle—ANSWER--Defines the phases that connects the beginning of a project to

its end


A project is unique




Details: Raw material extraction and processing, project manufacturing, distribution, use, end

of life




Recycle, Remanufacture, reuse/super-use


Direct Cost—ANSWER--Energy, materials, labor, time, other resources


Indirect cost and overheads—ANSWER--Waste, environmental damage, land use, social

issues, other effects.


Initiation—ANSWER--Requirements:


-Scope


-Duration/Start


-Location


-Budget




People Involved:


-Client

, -Owner


-Consultant


-PM


Design Phase—ANSWER--Requirements:


-Details


-Conceptual arch drawing


-Equipment


-Materials


-Technical issues (mechanical, structure)


-Drawings, materials, specs




People Involved:


-Consultant


-Owner


Planning Phase—ANSWER--Requirements:


-Scheduling


-Plan




People Involved
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald

Written for

Institution
Mgmt
Course
Mgmt

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Uploaded on
March 28, 2026
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Written in
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