L6-top 5 Flashcards

(5 cards)

1
Q
  1. What are the five pillars of project management methodology?
A

Scope, Time, Resources, Risk, and Cost.

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2
Q
  1. What was the DTD case about?
A

A hiring campaign for 250 people in a new organization (under the PNRR), involving
1. formal procedures,
2. a defined outcome
3. temporary staff.

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3
Q
  1. Why can hiring and recruitment be considered a project?
A
  1. involves structured tasks,
  2. has a clear outcome,
  3. is time-bound,
  4. creates value — fitting the definition of a project.
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4
Q
  1. What is the scope of a project?
A

It defines
1. what activities are included/excluded,
2. what the project will carry out
3. what its deliverables are.

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5
Q
  1. What is cost management in projects?
A
  1. Estimating and monitoring expenses over time
  2. comparing planned vs. actual costs- to **evaluate deviations and total project cost **(Budget at Completion).
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