Part 6: The core components of project management

Question 1

What are the core components of project management?

Answer 1

• Initiation
• Planing
• Execution
• Moninitoring and Contolling
• Closure

Question 2

What do we do under intination?

Answer 2

• Define the why the project is necessary
• Prepare the business Case
• Secure agrreement and funding

Question 3

What do we do under planing?

Answer 3

• Gather Requirement and qulity, and esimate scope,time, and resources
• Develop a managment plan
• plan the budget
• plan communications
• Identify risks
• plan provider/contractor managment

Question 4

What do we do under execution?

Answer 4

• Lead and motivatte the team, and manage provides and contractors

Question 5

What do we do under monitoring and controll

Answer 5

• monitor progress, risks and changes
• contoll budget
• maintain stakeholder communication

Question 6

What do we do under closure?

Answer 6

• End the project in a controlled fashion