Chapter 1

Question 1

What are the advantages of using PM techniques?

Answer 1

• Better control of financial, physical and human resources
• improved customer relations
• shorter development times
• lower costs and improved productivity
• higher quality and increased reliability
• higher profit margins
• better internal coordination
• positive impact on meeting strategic goals
• higher worker morale

Question 2

What are the seven project attributes?

Answer 2

1. Has a unique purpose
2. Is temporary
3. Drives change and enables value creation
4. is developed using progressive collaboration
5. requires resources often from various areas
6. should have a primary customer
7. involves uncertainty

Question 3

What are the three project contraints?

Answer 3

1. scope
2. Time
3. Cost

Question 4

what people are involved in a project?

Answer 4

1. project sponsor
2. project team
3. support staff
4. customers
5. users
6. suppliers
7. opponents

Question 5

What are skills that a project manager needs to develop? (PMI project management triangle)

Answer 5

• technical project management
• strategic and business management
• leadership