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Project Management MOOC

What is a project?

A finite endeavour to deliver a specific benefit

A finite endeavour to deliver a specific product

Delivery of a required solution

An iterative process to deliver on customer requirements

A project faces 4 major constraints. What are they?

Quality, Control, Risk, Time

Time, Quality, Scope, Benefits

Time, Cost, Scope, Product

Quality, Time, Cost, Scope

Risk, Scope, Product, Benefits

The Project Management Institute (PMI) states there are 4 main steps in Project Management Framework

Initiate, Execute, Close and Quality

Initiate, Execute, Embed & Close and Monitor & Control

Plan, Propose, Build and Close

Develop, Cycle, Test and Monitor & Control

Initiate, Execute, Close and Monitor Quality

What is the role of the Project Sponsor?

To sign-off key project documents

To obtain funding from management committees

To be ultimately accountable for the entire project

To steer the project to success

What is the Project Manager's role?

To specialise in the product or area the project delivers in

To manage the project after its completion

To successfully deliver the project on behalf of the sponsor and ensure its completion and handover to BAU

Complete and review all important project documentation

In which project stage do you plan out the entire project?

Initiate

Embed & Close

Define

Execute

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