Exam (elaborations)
PROJECT MANAGEMENT QUESTIONS AND ANSWERS 2024
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PROJECT MANAGEMENT 2024 FIRST SEMESTER
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SOLUTION MANUAL Project Management: The Managerial Process, 8th Edition By Erik Larson and Clifford Gray Verified Chapters 1 - 16, Complete
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Complete Test Bank Project Management The Managerial Process 8th Edition Larson Questions & Answers with rationales (Chapter 1-16)
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PROJECT MANAGEMENTProject - Answer✔️
✔️A temporary endeavor undertaken to create a unique product service or result
Management - Answer✔️ ✔️ Act ot coordinating the efforts of people to accomplish desired goals and
objectives using available resources (eg. Money, workers, equipment, manpower)
Includes:
-Identifying requirements
-Establishing clear and achievable objectives
-Balancing the competing demands for quality, scope time and cost
-Adapting specifications, plans and concerns for the stakeholders
PM Characteristics - Answer✔️
✔️1. Management is goal oriented process
2. Multidimensional (work, people and operations)
3. A continuous process
4. Group activity
5. Dynamic function
6. Intangible force
Knowledge Areas - Answer✔️
✔️Scope Management
Time management
Cost management
Stakeholder management
Human resource management
Communication management
,Procurement management
Risk management
Quality management
Integration management
Project management - Answer✔️
✔️Checking planning, organizing, motivating and controlling resources
to achieve specific goals
Application of:
knowledge, skills, tools and techniques
to protect activities to meet or exceed stakeholders' expectations while using resources efficiently and
effectively
Project Life Cycle - Answer✔️
✔️Defines the phases that connects the beginning of a project to its end
A project is unique
Details: Raw material extraction and processing, project manufacturing, distribution, use, end of life
Recycle, Remanufacture, reuse/super-use
Direct Cost - Answer✔️
✔️Energy, materials, labor, time, other resources
Indirect cost and overheads - Answer✔️
✔️Waste, environmental damage, land use, social issues, other
effects.
Project Phases Summary - Answer✔️
✔️
Initiation - Answer✔️
✔️Requirements:
-Scope
-Duration/Start
, -Location
-Budget
People Involved:
-Client
-Owner
-Consultant
-PM
Design Phase - Answer✔️
✔️Requirements:
-Details
-Conceptual arch drawing
-Equipment
-Materials
-Technical issues (mechanical, structure)
-Drawings, materials, specs
People Involved:
-Consultant
-Owner
Planning Phase - Answer✔️
✔️Requirements:
-Scheduling
-Plan
People Involved
-Eng
-Arch
-Civil Engineer
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