Page 35 - DMGT521_PROJECT_MANAGEMENT

Project Management

Notes Self Assessment

State True or False:
12. The National Health Service in the USA has sponsored a project for a new service that
allows general practitioners to make hospital appointments for their patients in real time.

13. The simplest way to classify projects is by industry: for example, construction, mechanical
engineering, software development, banking or health cares.
14. Projects compete with functional departments for resources and personnel.

15. The members of the project team are in almost constant conflict for the project’s resources
and for leadership roles in solving project problems.

2.4 Summary

 Project management is a formal discipline for managing projects.
 Projects often interact with other projects being carried out simultaneously by their parent
organization.

 Every project has some elements that are unique.
 Projects compete with functional departments for resources and personnel.
 The members of the project team are in almost constant conflict for the project’s resources
and for leadership roles in solving project problems.
 There is no single life cycle that applies to all projects, although certain types of project
will be associated with a particular life cycle.

2.5 Keywords

Interdependencies: Projects often interact with other projects being carried out simultaneously
by their parent organization but projects always interact with the parent organization’s standard,
ongoing operations.
Operations: The period during which the completed deliverable is used and maintained in
service for its intended purpose.

Project: A project is usually a onetime activity with a well-defined set of desired end results. It
can be divided into subtasks that must be accomplished in order to achieve the project goals.
Termination: The disposal of the project deliverables at the end of their life.

2.6 Review Questions

1. Discuss about the concept of Project Management.
2. What do you know about Project Life Cycle?
3. Explain about Interdependencies.
4. Describe about Uniqueness.

5. Explain about Delivery and Deliverables.
6. Discuss about Project Classification.
7. Define the term “Project Management.”

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