L6-top 5 Flashcards
(5 cards)
1
Q
- What are the five pillars of project management methodology?
A
Scope, Time, Resources, Risk, and Cost.
2
Q
- 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.
3
Q
- Why can hiring and recruitment be considered a project?
A
- involves structured tasks,
- has a clear outcome,
- is time-bound,
- creates value — fitting the definition of a project.
4
Q
- 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.
5
Q
- What is cost management in projects?
A
- Estimating and monitoring expenses over time
- comparing planned vs. actual costs- to **evaluate deviations and total project cost **(Budget at Completion).