APM PFQ 115 Final Questions With Correct Answers| download to pass|2024
Define a project - ️️Projects are unique, transient endeavours undertaken to achieve a desired outcome. Projects bring about change and project management is recognised as the most efficient way of managing such change. define project management - ️️Project management is the process by which projects are defined, planned, monitored, controlled and delivered such that the agreed benefits are realised. identify the differences between a project and business as usual - ️️Projects involve uncertainty, require a special team and operate in a dynamic environment. Business-As-Usual uses the deliverables produced to provide on-going services in a more stable environment. state the key purpose of project management - ️️Project management is used to define, plan, monitor and control the projects in order to enable the business benefits to be realised. list the processes of project management - ️️- Starting Process - Planning Process - Monitoring & Control Process - Feedback Process - Closing Process list the benefits to an organisation of effective project management - ️️- greater likelihood of achieving the desired result - efficient and best value use of resources - satisfying the needs of stakeholders list the core components of project management - ️️- define project need - capture requirements - prepare business case - secure funding - develop management plan - lead team - manage risks - monitor progress - manage budget - maintain communication - close the project define programme - ️️- deliver significant business change - over extensive periods of time. - programme coordinates a number of projects
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