5 Questions
According to PMI - PMBOK 2021 7th Edition, what is a project?
A temporary endeavor undertaken to create a unique product, service or result
What is a key characteristic of a project according to the provided text?
It consumes resources
What is a defining feature of project management according to the provided text?
Managing a set of defined deliverables within time and cost constraints
What is a characteristic of the team involved in executing a project as per the text?
It is dissolved by the end of the project
What is the primary purpose of a project according to the provided text?
To achieve a specific objective within defined time and budget
Study Notes
Project Definition
- A project is a temporary endeavor undertaken to create a unique product, service, or result.
Key Characteristics of a Project
- A project has a specific start and end date.
- A project has a specific scope, timeline, and budget.
Defining Features of Project Management
- Project management is the application of knowledge, skills, and techniques to execute projects effectively.
Project Team Characteristics
- The team involved in executing a project is temporary, with team members often coming from different departments or organizations.
Primary Purpose of a Project
- The primary purpose of a project is to deliver a unique product, service, or result that meets the stakeholders' requirements.
Test your understanding of project management concepts and definitions with this quiz on the fundamentals of project objectives, activities, and specifications. This quiz covers key topics from Chapter 1.1, including MEGIE, MEGE, Min-EI, Min-EG, and Min-GIS.
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