Questions and Answers
What is the scope of a project?
The scope of a project refers to the boundaries and objectives of the project, including what is included and excluded.
What are the phases of a project?
The phases of a project typically include preconstruction, planning, and execution.
What are the objectives of a project?
The objectives of a project can be for public/private purposes or for personal development.
What is project management?
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Why are projects undertaken?
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Study Notes
Project Fundamentals
- The scope of a project refers to the sum of all activities, deliverables, and tasks that need to be accomplished to meet the project objectives.
- A project typically goes through five phases: initiation, planning, execution, monitoring and control, and closure.
- Project objectives are the specific, measurable, achievable, relevant, and time-bound (SMART) goals that a project aims to accomplish, such as delivering a product, service, or result.
Project Management and Purpose
- Project management is the application of knowledge, skills, and techniques to execute projects effectively, involving planning, coordinating, and controlling resources to achieve specific goals.
- Projects are undertaken to achieve specific business objectives, such as increasing revenue, improving efficiency, reducing costs, or meeting customer needs.
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