Project Management Flashcards
(31 cards)
Project
Resources
Operations and projects
An activity that meets the first 4 criteria is a. project and therefore falls within project management.
Triple Constraint - projects are considered successful if they meet 3 objectives
Project challenges
All projects need to be consistent with an organisations strategy.
Ptojects can be selected on Johnson criteria of Suitability, Acceptability and Feasability.
Pre initiating tasks
Differences between project managers and operations managers
Responsibiltiies of a project manager
Duties of a project manager
Project sponsor
Business Case
Project initiation document
Benefits management - 5 key stages
Benefits management - Purpose of identifying and structuring benefits
Measuring benefits
Identifying the costs
Cost benefit evaluation
Work breakdown structure
Project budgeting
Gantt Chart
Does not show the interrelationship between various activities in the project as clearly as Network Analysis Diagram
Network Analysis
Resource Histogram
Can also show resources available - helps with decision making to redistrubute resources if available such as workers
Gateway
Scope creep
Progress Report
