Overview of Project Management

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Questions and Answers

In sri Lanka _ is the capital

Sri Jayawardenapura

What is a project?

A temporary structure set up with the specific aim of delivering an identifiable end-product. It has a specific objective, defined start and end dates, funding limits (if applicable), and consumes human and nonhuman resources.

What are some examples of projects?

Construction projects (correct)
movie projects (correct)

What is project management?

The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. It is different from general management as it brings a unique focus shaped by the goals, resources, and schedule of each project. Signup and view all the answers

What are the benefits of effective project management?

Clear identification of functional responsibilities, minimizing continuous reporting, identification of time limits for scheduling, and more. Signup and view all the answers

What are the barriers to achieving these benefits?

Project complexity, customer's special requirements and scope changes, organizational restructuring, project risks, changes in technology, and forward planning and pricing. Signup and view all the answers

What are the key skills required for a project manager?

People skills, leadership skills, and management skills. The project manager must understand the mission and vision of the organization and facilitate planning rather than plan the project for the team. Signup and view all the answers

How should a project manager make decisions?

Instead of asking for authority, make decisions yourself, take action that is appropriate and does not violate policy, and then inform your boss what you have done. Signup and view all the answers

What is the PMBOK Guide?

The Project Management Institute (PMI) has determined a minimum body of knowledge needed by a project manager. It defines five processes and ten general areas of knowledge. Signup and view all the answers