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 the project manager for Zippy Tees. Your company has decided to outsource the manufacturing of miniature bears to be attached to your trendy T-shirts. Which of the following is true? A. A good product description is all that's required. The project manager will supply this to the vendor. B. The contract can serve as the project charter. The product description will be included in the contract. C. The project manager should write the project charter because the project manager will be managing the vendor portion of this project as well. D. The vendor should write the project charter as they are responsible for manufacturing the bears.
Your company has asked you to be the project manager for the product introduction of their new DeskTop Rock media system. You recently published the scope statement and the supporting detail. The supporting detail contains all of the following except: A. Constraints B. Other project information not noted in the scope statement C. Code of accounts D. Assumptions
You are a project manager for Pizza Direct, which is a retail pizza delivery store. Your company is competing with another retail score for the option of opening two new stores in a foreign country. You know, but have not yet informed your company, that you are going to go to work for the competitor, which happens to be bidding for this same opportunity. What is the most appropriate response? A. You decline to participate in the initial meetings with the foreign business partners due to conflict of interest. B. You've not yet received an official offer from the competing company for your new job opportunity, so you choose to participate in the initial meetings with the foreign business partners. C. You decide to participate in the initial meetings with the foreign business partners because any information you gain now will help you when you make the move to the new company. D. You inform the foreign business partners that you're going to be working with a new company and that you know the deal they'll receive from the competing company is better than the one this company is proposing.
You are a project manager for a manufacturing firm that produces Civil War-era replicas and memorabilia. You discover a design error during a test production run on your latest project. Which of the following is the most likely response to this problem? A. Reduce the technical requirements so that the error is no longer valid. B. Go forward with production and ignore the error. C. Go forward with production but inform the customer of the problem. D. Develop alternative solutions to address the error.
Your project selection committee used a weighted scoring model and found that Project B, with a score of 54, should be chosen over the other competing projects. Which of the following is true? A. Weighted scoring models are a benefit measurement method, which is a tool and technique in the Initiation process. B. Weighted scoring models are a constrained optimization method, which is an output of the Initiation process. C. Weighted scoring models are a constrained optimization method, which is a tool and technique in the Initiation process. D. Weighted scoring models are a benefit measurement method, which is an output of the Initiation process.
You are project manager for an engineering company. Your company won the bid to add ramp-metering lights to several on-ramps along a stretch of highway at the south end of the city. You subcontracted a portion of the project to another company. The subcontractor's work involves digging the holes and setting the lamp poles in concrete. The subcontractor's performance is not meeting the contract requirements. All of the following are valid options except: A. You document the poor performance in written form and send the correspondence to the subcontractor change request through Contract Administration. B. You terminate the contract for poor performance and submit a change request through Contract Administration. C. You submit a change request through Contract Administration to ask the subcontractor to comply with the terms of the contract. D. You agree to meet with the subcontractor to see if a satisfactory solution can be reached.
You have been asked to submit a proposal for a project that has been put out for bid. First, you attend the bidders conference to ask questions of the buyers and to hear the questions some of the other bidders will ask. Which of the following is true? A. Bidders conferences are a tool and technique of the Source Selection process. B. Bidders conferences are an output of the Source Selection process. C. Bidders conferences are an output of the Solicitation process. D. Bidders conferences are a tool and technique of the Solicitation process.
You are the project manager for your company's annual Spring Fling. You've made all the plans and reserved the outdoor grounds for the appropriate day and time. You are now two days away from the big day, and the forecast is calling for light rain showers in the afternoon. You rented tents just in case this risk occurred. This is an example of which Risk Response Planning tool and technique? A. Passive acceptance B. Contingency planning C. Avoidance D. Transference
how many chart of a/cs can assign to company code?
Your company has asked you to be the project manager for the product introduction of their new DeskTop Rock media system. You recently published a document that establishes the scope baseline. Which of the following is true? A. This is the scope statement, which is an output of the Scope Planning process. B. This is the scope statement, which is an output of the Scope Definition process. C. This is the scope statement, which is a tool and technique of the Scope Definition process. D. This is the scope management plan, which is an output of the Scope Definition process.
Which of the following are the tools and techniques of the Cost Budgeting process? A. Project management information system, analogous estimating, bottom-up estimating, mathematical analysis B. Analogous estimating, bottom-up estimating, mathematical analysis, computerized tools C. Project management software, analogous estimating, bottom-up estimating, parametric modeling D. Analogous estimating, bottom-up estimating, parametric modeling, computerized tools
All of the following are true regarding the tools and techniques of Activity Sequencing except: A. GERT uses analogous methods. B. GERT allows for loops. C. GERT is a conditional diagramming method. D. GERT allows for conditional branches.
Design Patterns 
