Week 1 Summary Review Questions

1. Describe the features of a project? What is the main difference between daily operations and a project?

The features of a project is that it creates an exclusive product or service, has distinct start and end dates and is a brief endeavor. The main difference between daily operations and a project is that a project creates a new, unique product or service and operations creates a repetitive product or service.

2. True or False? Projects are developed in steps that progress in increments, starting with the more detailed aspects of the project and progressively moving to a high level definition of the project.

True

3. Describe the triple constraint and what they are based on. When is a project considered complete?

The Triple constraint is based on the scope deliverable for the project, the time schedule for the project and the cost or budget for the project. The project is considered complete when it is delivered on time, within cost constraints, and meets the scope.

4. True or False? Each progress phase demands careful planning and monitoring.

True

5. Describe each project phase and its output.

The first phase of the project is initiating. Initiating is the beginning of the project where you define and authorize the project, name the project manager, and define scope, deliverable, duration and resources. The outputs of the initiating phase is project charter. The second phase is planning. In the planning phase you identify the scope of the project and resource requirements. The outputs of this planning is project management plan. The third phase is executing, where you implement the project management plan, complete the work and coordinate staff. The outputs of executing is deliverable.

The fourth phase is monitoring or controlling. In this phase you ensure the objectives are met by monitoring and