Basics of PM Flashcards

1
Q

Why Project Management?

A
  • It is a big part of the field of activities engineers can apply their knowledge
  • PM reduces the time and costs needed to finish a project .
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2
Q

Characteristics of projects

A
  • Unique procedure
  • Complex structure
  • defined goal
  • time limitation
  • someone responsible for the project
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3
Q

Characteristics of processes in a project

A
  • indicate the actual flow in the project

- describe the planning and implementation procedure of a project.

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4
Q

Characteristics of products

A
  • entrepreneurial activities
  • designed in a value creation process
  • utilizable on the market
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5
Q

Definition of PM

A

Project Management is the application of knowledge,
skills, tools and techniques to project activities to
meet project requirements.

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6
Q

Objects suitable for PM

A
• new products / product
developments
• development of new
distribution channels
• shareholdings / mergers
• innovations
• tasks that cannot be solved by
one department alone
• not everyday tasks
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7
Q

Objects not suitable for PM

A
  • basic research
  • assembly line production
  • service provision
  • individual activities
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8
Q

Elements of a functional PM

A
  • Quality management
  • Project planning
  • Project controlling
  • Project development/ realization
  • Project definition
  • Project documentation
  • Project steering
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9
Q

Targets of PM

A
  • Quality; Costs; Time (Targets affect each other )

DREIECK

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10
Q

Projects are classified and evaluated according to what criteria?

A
  • Project objectives (urgency, importance, motivation)
  • Quality claim (performance, function)
  • Size (investment volume, physical size)
  • Degree of complexity (special disciplines, participants)
  • Degree of innovation (pioneer, routine)
  • Resource requirements (capital, material, personnel)
  • Realization risk (safety, costs, consequences)
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