Understanding Project Management Fundamentals

The temporary nature

They are one-time efforts to create something new or achieve a goal

It typically has a clear beginning and end date

<p>Temporary</p> Signup and view all the answers

<p>Distinct technical skills and management strategies</p> Signup and view all the answers

<p>A clear end date of the project work or phase</p> Signup and view all the answers

<p>Delivering a unique and temporary outcome</p> Signup and view all the answers

<p>Requires ongoing adaptation to changing circumstances</p> Signup and view all the answers

<p>Monitoring progress and making adjustments as needed</p> Signup and view all the answers

<p>Unlimited financial resources</p> Signup and view all the answers

<p>Projects have a well-defined scope with specific boundaries</p> Signup and view all the answers

<p>Projects are like building a bridge; management activities are like maintaining a road network</p> Signup and view all the answers