Project Management Stages: Initiation & Planning

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Questions and Answers

Which of the following is the correct sequence of stages in the Project Life Cycle?

  • Initiation, Planning, Implementation, Consolidation (correct)
  • Planning, Initiation, Implementation, Consolidation
  • Planning, Implementation, Initiation, Consolidation
  • Initiation, Planning, Consolidation, Implementation

During the project management initiation stage, what is the primary purpose of conducting a feasibility analysis?

  • To allocate project resources
  • To identify key stakeholders
  • To determine the project's viability (correct)
  • To define project scope and objectives

Which document formally authorizes a project, detailing its scope, objectives, key stakeholders, and constraints?

  • Stakeholder Register
  • Project Charter (correct)
  • Feasibility Report
  • Project Management Plan

In the planning phase of project management, which of the following is a key activity?

<p>Creating a Work Breakdown Structure (D)</p> Signup and view all the answers

Which of the following documents lists identified risks and mitigation strategies during project planning?

<p>Risk Register (B)</p> Signup and view all the answers

During project implementation, what is the main purpose of monitoring project performance using KPIs?

<p>To track progress and manage expectations (D)</p> Signup and view all the answers

Which deliverable includes modifications to the project during the implementation phase?

<p>Change Requests (A)</p> Signup and view all the answers

What is the primary focus of the consolidation phase in project management?

<p>Conducting final performance evaluation and stakeholder reviews (A)</p> Signup and view all the answers

Which document captures insights gained for future projects during the consolidation phase?

<p>Lessons Learned Document (C)</p> Signup and view all the answers

In which project phase is a Work Breakdown Structure (WBS) typically created?

<p>Planning (B)</p> Signup and view all the answers

Why is it important to define project goals and objectives during the initiation stage?

<p>To establish a clear direction and purpose for the project (B)</p> Signup and view all the answers

When is it most effective to appoint a project manager?

<p>Before the project reaches the 'point of no return' (D)</p> Signup and view all the answers

A project manager can choose to...

<p>Any of the above (D)</p> Signup and view all the answers

Which role of the project manager includes monitoring project progress?

<p>Organization A (C)</p> Signup and view all the answers

A project manager is responsible for which of the following?

<p>All of the above (D)</p> Signup and view all the answers

The role of a project manager hinges on...

<p>The arrangement of work and organization's role (B)</p> Signup and view all the answers

Which of the following is not a typical execution agency or partner in a project?

<p>Customers (D)</p> Signup and view all the answers

When is it recommended that a project organization be setup?

<p>When entering phase 2 (B)</p> Signup and view all the answers

The finance department is linked to...

<p>Administration and Liaison (D)</p> Signup and view all the answers

Which engineering role is associated with HO planning, field operations, filed inspection and subcontracts?

<p>Construction (C)</p> Signup and view all the answers

Which team member is likely to manage direct authority lines and liason and co-ordination?

<p>Project Co-ordinator (A)</p> Signup and view all the answers

Who does the project manager need to build relationships with?

<p>All of the above (D)</p> Signup and view all the answers

Which of the following are considered important skills for project managers? (Select all that apply)

<p>All of the above (D)</p> Signup and view all the answers

Project managers need to have an understanding of which of the following responsibilities?

<p>All of the above (D)</p> Signup and view all the answers

Which option shows how costs behave through the project management lifecycle?

<p>Costs are lowest at the start and rise through the end of the project (C)</p> Signup and view all the answers

Flashcards

Project Initiation Stage

The first stage in project management where project goals and objectives are defined.

Project Charter

A formal document authorizing the project, detailing scope, objectives, key stakeholders, and constraints.

Feasibility Analysis

A stage where a feasibility study is conducted to evaluate all aspects of the project.

Stakeholder Register

A register containing a list of key stakeholders involved in the project.

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Feasibility Report

A report that summarizes the feasibility analysis and its findings.

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Project Planning

The second stage in project management, involving detailed planning to achieve project goals.

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Project Scope Statement

A detailed description of the project's objectives, deliverables, and requirements.

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Work Breakdown Structure (WBS)

A hierarchical decomposition of the project into smaller, manageable components.

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Project Schedule

A visual representation of project timelines and milestones, such as a Gantt chart.

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Project Management Plan

Comprehensive document covering the scope, schedule, cost, risk, communication of the project, etc.

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Risk Register

A list of identified risks and mitigation strategies for the project

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Resource Allocation Plan

Plan for allocating necessary resources to the project

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Project Implementation

The stage where the plans are put into action and project tasks are executed.

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Project Progress Reports

Reports providing updates on project progress, milestones achieved, and challenges encountered.

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Risk and Issue Logs

Logs used to track and manage potential risks and issues

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Change Requests

Formal requests for modifications to the project scope, schedule or requirements.

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Project Consolidation

The final stage of the project where all activities are completed, deliverables are finalized, and the project is formally closed.

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Final Project Report

A comprehensive report summarizing the project's outcomes, performance, and lessons learned.

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Lessons Learned Document

A document capturing the lessons learned throughout the project lifecycle

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Client Acceptance

Formal acceptance of the project deliverables by the client, signifying project completion.

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Project Closure Document

Formal documentation that the project has been successfully completed and closed.

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Stakeholder

Someone who is involved in or affected by project activities.

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Project Manager

A qualified professional responsible for leading, planning, and executing projects.

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Project Manager Roles

Monitor progress, planning and communication.

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Skills for Project Managers

Skills like communication and time management.

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Study Notes

  • Project Management is achieved through a series of stages.
  • The stages of project management are Initiation, Planning, Implementation, and Consolidation.

Project Management Initiation Stage

  • Key activities include defining project goals and objectives.
  • Key activities include identifying key stakeholders and their expectations.
  • Key activities include feasibility analysis (technical, financial, and operational).
  • Key activities include creating and approving the Project Charter.
  • Key deliverables are the Project Charter (formal approval document), Stakeholder Register (list of key stakeholders), and Feasibility Report (if applicable).
  • A Project Charter authorizes the project and details the scope, objectives, key stakeholders, and constraints.

Project Management Planning

  • Key activities include the development of the Project Scope Statement.
  • Key activities include creating a Work Breakdown Structure (WBS).
  • Key activities include defining timelines and milestones, using tools such as a Gantt chart or CPM (Critical Path Method).
  • Key activities include identification and allocation of necessary resources such as human, financial, materials.
  • Key activities include conducting risk assessment and mitigation planning.
  • Key activities include developing communication and quality management plans.
  • Deliverables include a Project Management Plan(integrated document covering scope, schedule, cost, risk, communication, etc.).
  • Deliverables include a Risk Register (list of identified risks and mitigation strategies).
  • Deliverables include a Resource Allocation Plan.

Project Management Implementation

  • Key activities include task allocation and progress tracking.
  • Key activities include communication with stakeholders and managing expectations.
  • Key activities include monitoring project performance using KPIs (Key Performance Indicators).
  • Key activities include controlling costs and managing changes.
  • Key activities include ensuring quality assurance through periodic reviews.
  • Key activities include addressing and mitigating risks and issues.
  • Deliverables include Project Progress Reports, an Updated Risk and Issue Logs, and Change Requests (if any modifications are needed).

Project Management Consolidation

  • Key activities include conducting a final performance eval and stakeholder reviews.
  • Key activities include validating project deliverables against objectives.
  • Key activities include closing contracts and releasing resources.
  • Key activities include documenting lessons learned for future projects.
  • Key activities include conducting post-project review meetings.
  • Deliverables include a Final Project Report, a, Lessons Learned Document, Client Acceptance and Sign-off, and a Project Closure Document.

Project Life Cycle Graphical View

  • The project life cycle includes phases such as preliminary system design, initial scheduling and budgeting, detailed design, and production.
  • Project organization occurs through identification, definition, preparation, execution, and initiation of operations.
  • The project manager is involved from preparation through operation.

Project Manager

  • Project managers can do all work within their own companies, use a consultant, use a contractor, or use both.
  • The role of the Project Manager depends on the work arrangement and role of the organization employing them.
  • The project manager can serve as monitor, planner, coordinator, supervisor, and administrator/director.

Project Organization

  • Project organization can include owners, licensors, consultants in engineering and/or management, Vendors and contractors.
  • Consultants can be employed at various project development phases, and their involvement depends on the project owner's needs and previous related experience.

Managing Contractors

  • A Managing Contractor is a firm or individual responsible for overseeing and managing construction or infrastructure projects on behalf of a client (owner or government).

Important Skills

  • Important skills for project managers include scheduling and time management skills.
  • Important skills for project managers include technical skills related Project Scope.
  • Important skills for project managers include leadership, communication, and negotiation skills.
  • Important skills for project managers include marketing, financial management, and customer relations.

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