APM PROJECT MANAGEMENT EXAM 2024

What is a project? - correct answer A unique transient endeavor undertaken to achieve planned objectives. You will have heard the term 'project' on many occasions in many different situations. For example, in your home life you may have a project to build a shed. Or, you may have heard that your neighbour is working on his classic car restoration project. And possibly, you may have heard it at work which team members work on a new project to change the phone system. These are all different projects but they have a number of similar characteristics regardless of size, cost or duration: A project is unique. A project is cross-functional. A project is temporary. A project will deliver a defined output. A project is required to achieve benefits. A project is about managed change. A project needs a budget. A project represents higher risk. Business as usual - correct answer You may have often heard the term ''it's business as usual'' being used to express 'the norm' i.e. the typical or regular activity of individuals, teams or businesses. This is particularly the case when it is used as a means to emphasise the difference between normal activity and