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what is a project management?
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Answer / hardik
Project management is the discipline of planning,
organizing and managing resources to bring about the
successful completion of specific project goals and
objectives.
| Is This Answer Correct ? | 68 Yes | 6 No |
Answer / pramod pudur
Project Management is the application of knowledge, skills,
tools and techniques to project the activities to meet the
project requirements.
Project management is accomplished through the appropriate
application and integration of 42 logically grouped project
management processes comprising of 5 process groups
(Initiation, Planning, Execution, Monitoring and Control
and Closing)
| Is This Answer Correct ? | 43 Yes | 7 No |
Answer / ganga reddy
Project management is planning & monitoring the task as
per the requriemts and make them complete on time and with
in budget to get desired results.it plays a major role in
organisation build.
| Is This Answer Correct ? | 28 Yes | 7 No |
Answer / sanjay
In theory Project Management is all about initiating,
planning, monitoring, tracking and taking the project to
closure with a desired quality, within budget and in pre-
defined timeline.
In reality, it is all about negotiation, controlling scope
creeps, prioritising and ensuring clear communication
across various stake holders, thereby maintaining the
balance among 3 keys: quality, cost and time.
| Is This Answer Correct ? | 18 Yes | 1 No |
Answer / harish
Project Management is a set of necessary activities
performed to ensure that all the project objectives are met
within the defined parameters of cost, quality and schedule.
It would include everything from starting to executing to
controlling to winding up of the project requiring the
project manager to take care of other parameters like
resource mix, profitability, stake holder communication,
knowledge build up and retention.
As a project manager you might enter a project at any of the
above mentioned phases and exit it at one of the above
stages, but the activities you would need to perform would
be more or less as defined in the above paras.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / narayanamurthy
In Simple words it is PDCA(Plan,Do,Check & Act) in the
areas of SSC(Scope,Schedule & Cost Management).
You can find sub-areas for SSC
Which in turn links to
1.Resource Management
2.Communication Management
3.Quality Management
4.Risk Management
5.Change Management
....
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / nilesh shinde
Project Management can be accomplished by following
oraganisational accepted methodlogy (PMBOK / Prince2) to
deliver project in controlled manner (within set budget
time and quality).
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / jaikumar d
Project management is a methodical approach to planning and
guiding project processes from start to finish. According to
the Project Management Institute, the processes are guided
through five stages: initiation, planning, executing,
controlling, and closing.
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / guest
Project management means to handle a project within that
duration with that estimated amount.
| Is This Answer Correct ? | 2 Yes | 2 No |
You are project manager for a nonprofit organization. Your project has come about due to a social need. Your sponsor wants to get right to the Planning process. However, you know that a project charter should be published prior to proceeding to the Planning processes. All of the following are true regarding project charters except: A. Project charters always include cost and time estimates. B. Project charters always include the product description and business need for the product. C. Project charters recognize and acknowledge the existence of the project. D. Project charters commit organizational resources to the project.
You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail store for the option of opening two new stores in a foreign country. You've been told that it is culturally unacceptable to eat certain foods in this country. You know that one of these foods happens to be a secret ingredient in the pizza sauce. What is the most appropriate response? A. Inform the potential partners that your sauce recipe is secret, but you’re certain there are no forbidden ingredients in it. B. Inform the potential partners that you suspect there might be a forbidden ingredient in the sauce and you'll request an investigation to determine if any of them exist in the sauce. C. Inform the potential partners that a forbidden ingredient exists in the sauce and determine to work with them to come up with another ingredient to replace that one. D. Don't tell the potential partners about the ingredient because the sauce they'll be using in the stores is shipped to them already prepared in cans. They won't know the ingredient is in the sauce.
You are in the Planning process of your project, and your project sponsor has requested an accurate cost estimate in two weeks from today. You'll use which of the following techniques to provide her with the most accurate cost estimate? A. Bottom-up B. Analogous C. Top-down D. Earned value
You are a project manager for Move It Now trucking company. Your company specializes in moving household goods across the city or across the country. Your project involves upgrading the nationwide computer network for the company. Your lead engineer has given you the following estimates for a critical path activity: 60 days most likely, 72 days pessimistic, 48 days optimistic. What is the expected value, or weighted average? A. 54 B. 66 C. 60 D. 30
What is the difference between direct and indirect measures?
You are a project manager for the information technology division of a local satellite TV broadcasting company. This spring, the chief information officer for your company gave you the project to convert and upgrade all the PCs in the department to the latest release of a specific desktop application. Prior to this conversion, all manner of desktop software existed on machines throughout the company and had caused increasing problems with sharing files and information across the company. A lot of unproductive hours were spent typing information into several formats. This project came about as a result of which of the following? A. Technological advance B. Business need C. Customer request D. Legal requirement
You are the project manager for a new construction project in your city. Your longtime personal friend is bidding on the project. They've asked you to give them an indication of the budget for this project so that they do not overbid and lose the deal. What is the most appropriate response? A. Give the information to your friend. You know their character and can trust that they won't tell anyone. B. Tell your friend that after all this time, they should know you better than to think you'd put your personal integrity on the line or compromise your job due to a conflict of interest. Decline to give them the information. C. Tell your friend you'll give them the information if they'll promise not to tell anyone and if they'll agree to help you out with some materials on your basement-refinishing project. D. Give the information to your friend and inform the project sponsor so that the information can be shared with the other bidders as well.
All of the following are inputs to the Administrative Closure process except: A. Performance measurement documentation B. Product documentation C. Other project records D. Contract documents
The project sponsor has approached you with a dilemma. The CEO announced at the annual stockholders meeting that the project you're managing will be completed by the end of this year. The problem is that this is six months prior to the scheduled completion date. It's too late to go back and correct her mistake, and stockholders are expecting implementation by the announced date. You must speed up the delivery date of this project. Your primary constraint before this occurred was the budget. What actions can you take to help speed up the project? A. Hire more resources to get the work completed faster. B. Ask for more money so that you can contract out one of the phases you had planned to do with in-house resources. C. Utilize negotiation and influencing skills to convince the project sponsor to speak with the CEO and make a correction to her announcement. D. Examine the project plan to see if there are any phases that can be fast tracked, and then revise the project plan to reflect the compression of the schedule.
How will you measure software quality?
You are the project manager working on a research project for a new drug treatment. Your preliminary project schedule runs past the due date for a federal grant application. The manager of the R&D department has agreed to release two resources to work on your project in order to meet the federal grant application date. This is an example of: A. Crashing B. Fast trucking C. Resource leveling D. Adjusting the resource calendar
What are decision models? A. Project selection criteria B. Project selection methods C. Project selection committees D. Project resource and budget selection criteria
Design Patterns 
