Project Management Fundamentals

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20 Questions

What is a key characteristic of a project?

It is a unique product or service

What are the primary components of the Triple Constraint in project management?

Scope, Time, and Cost

According to the PMBOK 7th edition, what is project management?

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

What is the primary purpose of project management?

To deliver a project within the given constraints

What is the 'glue' that keeps the Triple Constraint together?

Quality

What is the primary goal of project planning?

To define project scope and objectives

What was a major issue that Airbus faced during the development of the A380?

Different shops using different CAD programmes and measurements

What is essential for successful project management, as highlighted by the Airbus A380 project?

Using the same software and measurements across teams

What was the primary cause of the Space Shuttle Challenger explosion?

Human error

What is the role of a project manager in minimizing human error?

To put systems in place to minimize the risk of human error

What was the original completion date for the Berlin Brandenburg Airport construction project?

2011

What was the actual completion date for the Berlin Brandenburg Airport construction project?

2020

What is a key takeaway from the Berlin Brandenburg Airport construction project?

Delays can impact projects of any size

What is essential for preventing scope creep in projects?

Defining the project scope and sticking to it

What is one of the reasons why the Berlin Brandenburg Airport project failed?

Having too many stakeholders with conflicting visions

Which of the following is a characteristic of a successful project?

Completing the project within schedule time

What is 'Scope Creep' in project management?

A gradual increase in project scope

What is the main goal of the Triple Constraint Management in project management?

To balance project scope, schedule, and budget

What is the significance of the Cochin Airport project being 'power neutral'?

It produces all the power it needs for its operations

Which of the following is a risk management strategy in project planning?

Scope creep prevention

Study Notes

Course Overview

  • This course can prepare students for exams in CompTIA Project+ and Certified Associate in Project Management (CAPM).
  • This course is not intended as a crash course prep for CompTIA or CAPM.

What is a Project?

  • A project is a temporary endeavour undertaken to create a unique product, service or result.
  • Key words to remember: Temporary, Unique.

Components of a Project

  • All projects are defined by the Triple Constraint: Scope, Time, and Cost.
  • Quality is the glue that keeps all components together.

What is Project Management?

  • Project management is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
  • It is the use of specific knowledge, skills, tools, and techniques to deliver something of value to people.
  • It is the process of leading the work of a team to achieve all project goals within the given constraints.

Failed Projects

  • The Airbus A380 project failed due to differences in CAD programmes and measurement units across borders, cultures, and time zones.
  • The Space Shuttle Challenger exploded in 1986 due to a faulty seal and human error.
  • The Berlin Brandenburg Airport project was delayed by nearly a decade due to having too many stakeholders with conflicting visions.

Why Do Projects Fail?

  • Projects fail due to the Triple Constraint: Scope, Time, and Cost.

What Makes a Successful Project?

  • A successful project is one that achieves its objectives within budgeted cost and schedule time, meets requirements, and maintains customer goodwill.

Examples of Successful Projects

  • Cochin Airport, India, is a successful project that was completed on time, within budget, and runs totally on solar power.

Learn the basics of project management, including the definition of a project and key concepts. This course can also help prepare you for CompTIA Project+ and CAPM certifications.

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