1 - What is a Project?

What is a Program in the context of project management?

A group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually

What does BOK stand for?

Body of Knowledge

What is the concern of the Cost constraint?

How much the project will cost

What makes for successful Project Management?

Meeting all three goals of the Triple Constraint (scope, time, and cost) and satisfying the project's sponsor(s)

What is the concern of the Time constraint?

The amount of time it takes to complete a project

What is the concern of the Scope constraint?

The amount of work to be done

What is a project?

A sequence of unique, complex, and connected activities having one goal or purpose and that must be completed by a specific time, within budget, and according to specification

What are some attributes of a project?

It has a unique purpose. It is temporary. It is developed using progressive elaboration. It requires resources, often from various areas. It should have a primary customer or sponsor. It involves uncertainty.

What is the role of a Program Manager?

Program Managers oversee programs and often act as bosses for project managers.

What does PMI stand for?

Project Management Institute

What is the duty of a Project Manager with respect to the Triple Constraint?

Project Managers must balance the constraints of Scope, Time, and Cost.

What is the role of a Project Manager?

Project Managers work with project sponsors, project teams, and other people involved in projects to meet project goals.

What is the role of a Project Sponsor?

Project Sponsors usually provides the direction and funding for the project.

What are some project characteristics that should be accounted for when managing a project?

Risk, business value, duration, complexity, technologies used, number of people affected, cost

What are the three constraints every project has?

Scope, time, and cost

What is Project Management?

The application of knowledge, skills, tools, and techniques to project activities to meat project requirements

What is a Body of Knowledge?

The complete set of concepts, terms, and activities that make up a professional domain as defined by the relevant learned society or professional organization