Project Management at Hochschule Hof

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Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

Project Management Institute, Inc. (PMI) defines project management as

Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

More specific definition:

Project management

Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

A project is a 

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The process of directing and controlling a project from start to finish may be further divided into 5 basic phases:

Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: part 2

Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: Part 3

Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases:

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Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

General and detailed definition of “Project Management”

Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

What is meant by a “project”?

Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

5 basic phases for the process of directing and controlling a project from start to finish 

1-3

Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: 4-5

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What is meant by a “goal” in the sense of project management?

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Exemplary flashcards for Project Management at the Hochschule Hof on StudySmarter:

Project Management

Project Management Institute, Inc. (PMI) defines project management as

"the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of a particular project."

Project Management

More specific definition:

Project management

More specific definition:

Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.

Project Management

A project is a 

temporary endeavor designed to produce a unique product, service or result with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables) undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value. The temporary nature of projects stands in contrast with business as usual (or operations),which are repetitive, permanent, or semi-permanent functional activities to produce products or services. In practice, the management of these two systems is often quite different, and as such requires the development of distinct technical skills and management strategies.

Project Management

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases:

1. Project conception and initiation

An idea for a project will be carefully examined to determine whether or not it benefits the organization. During this phase, a decision making team will identify if the project can realistically be completed. 

2. Project definition and planning 

A project plan, project charter and/or project scope may be put in writing, outlining the work to be performed. During this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed. 

3. Project launch or execution 

Resources' tasks are distributed and teams are informed of responsibilities. This is a good time to bring up important project related information.

Project Management

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: part 2

4. Project performance and control

 Project managers will compare project status and progress to the actual plan, as resources perform the scheduled work. During this phase, project managers may need to adjust schedules or do what is necessary to keep the project on track. 

5. Project close 

After project tasks are completed and the client has approved the outcome, an evaluation is necessary to highlight project success and/or learn from project history. Projects and project management processes vary from industry to industry; however, these are more traditional elements of a project. The overarching goal is typically to offer a product, change a process or to solve a problem in order to benefit the organization.

Project Management

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: Part 3

6. Very important -->Old project wisdom

 In order to find the right path, it is very important to know the goal very precisely In other words: A clear project definition is essential

Project Management

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases:

7. Very important -->Project goal


Goals are anticipated results Goals describe a future situation Goals are applied to processes The goal of a project should be smart: 

Specific & Understandable

Measurable 

Accepted, adopted & reasonable 

Realistic 

Terminated 

Objectives should be challenging and/or lead to a clear progress Objectives should be achievable through their own actions

Project Management

General and detailed definition of “Project Management”

General Definition of “Project Management” Project Management Institute, Inc. (PMI) defines project management as "the application of knowledge, skills, tools and techniques to a broad range of activities in order to meet the requirements of a particular project." 

More specific definition: Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria. A project is a temporary endeavor designed to produce a unique product, service or result with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables) undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value. The temporary nature of projects stands in contrast with business as usual (or operations),which are repetitive, permanent, or semi-permanent functional activities to produce products or services. In practice, the management of these two systems is often quite different, and as such requires the development of distinct technical skills and management

Project Management

What is meant by a “project”?

A project is a temporary endeavor designed to produce a unique product, service or result with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables) undertaken to meet unique goals and objectives, typically to bring about beneficial change or added value. The temporary nature of projects stands in contrast with business as usual (or operations),which are repetitive, permanent, or semi-permanent functional activities to produce products or services. In practice, the management of these two systems is often quite different, and as such requires the development of distinct technical skills and management strategies.

Project Management

5 basic phases for the process of directing and controlling a project from start to finish 

1-3

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: 

1. Project conception and initiation An idea for a project will be carefully examined to determine whether or not it benefits the organization. During this phase, a decision making team will identify if the project can realistically be completed. 

2. Project definition and planning A project plan, project charter and/or project scope may be put in writing, outlining the work to be performed. During this phase, a team should prioritize the project, calculate a budget and schedule, and determine what resources are needed. 

3. Project launch or execution Resources' tasks are distributed and teams are informed of responsibilities. This is a good time to bring up important project related information.

Project Management

The process of directing and controlling a project from start to finish may be further divided into 5 basic phases: 4-5

4. Project performance and control Project managers will compare project status and progress to the actual plan, as resources perform the scheduled work. During this phase, project managers may need to adjust schedules or do what is necessary to keep the project on track.

 5. Project close After project tasks are completed and the client has approved the outcome, an evaluation is necessary to highlight project success and/or learn from project history. Projects and project management processes vary from industry to industry; however, these are more traditional elements of a project. The overarching goal is typically to offer a product, change a process or to solve a problem in order to benefit the organization.

Project Management

What is meant by a “goal” in the sense of project management?

Goals are anticipated results

 Goals describe a future situation 

Goals are applied to processes

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