Project Initiation & Stakeholder Management: Lecture 1

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14 Questions

What is the overall program objective of the PM565 Project Initiation & Stakeholder Management course?

To present project management methodology and techniques for planning and organizing projects

Which individual is not listed as an instructor for the PM565 Project Initiation & Stakeholder Management course?

Mr. Innocent Kudu PMP

What is a specific course objective of the PM565 Project Initiation & Stakeholder Management course?

To identify relationships between project, programme and portfolio management

What is the contact email for Dr. Mrs Ivy Maame Abu, one of the instructors for the PM565 Project Initiation & Stakeholder Management course?

According to the PMBOK® Guide, what is a project?

A temporary endeavor undertaken to create a new product or service

What distinguishes projects from operations according to the PMBOK® Guide?

Projects are temporary and unique while operations are continuous and routine

What does 'progressively elaborated' mean in the context of project management?

Project objectives are defined in detail with time

What is the spark that usually provides the authorization for projects?

All of the above

Why is project selection considered one of the most important activities for an organization?

It aligns projects with business objectives and can turnaround the organization

What are examples of benefit measurement methods for project selection?

Opportunity Cost and Benefit Cost Analysis

What is the 'murder board' in the context of project management?

A rigorous review process for testing the strength of a project's approach

Which method involves selecting projects through expert judgment and consensus?

Delphi Technique

What differentiates project selection methods based on 'benefit measurement' from 'constraint optimization' methods?

'Benefit measurement' aims to maximize project benefits while 'constraint optimization' aims to minimize project constraints

'Non-linear Programming' is an example of which type of project selection method?

'Constraint optimization' method

Study Notes

PM565 Project Initiation & Stakeholder Management Course

  • The overall program objective of the PM565 course is not specified in the provided text.

Instructors

  • Dr. Mrs. Ivy Maame Abu is one of the instructors for the PM565 course.
  • The contact email for Dr. Mrs. Ivy Maame Abu is not specified in the provided text.
  • One instructor not listed for the PM565 course is not specified in the provided text.

Course Objectives

  • A specific course objective of the PM565 course is not specified in the provided text.

Project Management

Project Definition

  • According to the PMBOK Guide, a project is not defined in the provided text.

Project Characteristics

  • What distinguishes projects from operations is not specified in the provided text.

Project Planning

Progressive Elaboration

  • 'Progressively elaborated' means that the project details are progressively refined and clarified as more information becomes available.

Project Authorization

  • The spark that usually provides the authorization for projects is not specified in the provided text.

Project Selection

  • Project selection is considered one of the most important activities for an organization.
  • Benefit measurement methods for project selection include:
    • Examples are not specified in the provided text.
  • The 'murder board' is a panel of experts who review and critique project proposals.
  • One method for selecting projects involves expert judgment and consensus.
  • What differentiates project selection methods based on 'benefit measurement' from 'constraint optimization' methods is not specified in the provided text.
  • 'Non-linear Programming' is an example of a constraint optimization method.

Learn about the introduction to project management in PM565, including topics on stakeholder management. This lecture is presented by Prof. Theo Adjei-Kumi and covers essential project management methodology, skills, and techniques.

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