Project Management

Question 1

What is project management and its importance?

Answer 1

The process of planning, organising and utilising resources to achieve specific goals within defined constraints. It provides structure and guidance to a project, ensuring it is completed in time and within budgets and contributes to the overall success. Improves the efficiency of resource allocation and communication through members and stakeholders.

Question 2

What are the main principles of project management?

Answer 2

Having achievable and defined timescales, management of supply chains, people management through defined roles and responsibilities, access to resources, budgeting and effective planning

Question 3

What are the stages of project management?

Answer 3

Initiation of the project, define purpose of project, project scoping, produce implementation plan, manage resources and risks, and monitor/report progress.