PROJECT MANAGEMENT 2026 FINAL PAPER
QUESTIONS WITH SOLUTIONS COMPLETE
SOLUTION VIEW
◉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
◉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.
◉Project Phases Summary. Answer:
◉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
-Eng
QUESTIONS WITH SOLUTIONS COMPLETE
SOLUTION VIEW
◉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
◉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.
◉Project Phases Summary. Answer:
◉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
-Eng
