Term
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Definition
| A project is a problem that is scheduled to be solved |
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Term
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Definition
| A problem is a gap between a desired state and current state of a situation that is both difficult and important to reduce but can be reduced. |
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Term
| Project (formal definition) |
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Definition
A project is a one-time job that has defined start and ending dates, a clearly specified objective, or
scope of work to be performed, a predefined budget, and usually a temporary organization that is
dismantled once the project is completed. |
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Term
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Definition
• unique purpose
• temporary
• require resources
• have a primary sponsor and/customer
• involve uncertainty |
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Term
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Definition
• Project Management is “the application of knowledge, skills, tools, and techniques to project
activities in order to meet project requirements.”—PMBOK Guide
• Project Management is planning, scheduling, and controlling project activities to meet project
objectives. |
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Term
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Definition
Determining:
(1) what must be done,
(2) who will do it,
(3) how it will be done,
(4) when it must be done,
(5) how much it will cost, and
(6) what is needed to do it. |
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Term
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Definition
Determining when different project activities will be performed and
completed and who will do them |
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Term
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Definition
Monitoring progress on project activities and resources consumed.
Determining if the project is on target. Determining what must be done if the project is not
on target |
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Term
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Definition
These lead to specific project objectives --scope, time, cost, and
quality. |
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Term
| Why use project management? |
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Definition
The primary reason for using project management is to provide an organizational design and
a strategy to bring an organizational focus to ad hoc activities needed to produce change in
an organization. |
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Term
| When to use project management |
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Definition
Factors to consider:
• size of the project
• level of familiarity with the project
• amount of change in the market (speed needed for the change due to project)
• level of interdependence in the project
• amount of resource sharing in project
• importance of the project |
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