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CAPM 1: PM Overview
CAPM lesson 1 Project Management Overview
Question | Answer |
---|---|
Project | A project is a temporary endeavor undertaken to create a unique product, service or result |
Temporary | has a start and end date |
Unique | Contrasts projects to operations which entails on-going and repetitive work |
Service | Examples include the capability to deliver a service (Eg establishing a help desk) |
Result | Such as reducing waiting time at the doctors office or increasing employee's moral. Deliverables |
Example of a simple project with short duration | - finishing a basement -looking for a job -planning a vacation |
Example of a medium risk & complexity project | - writing a technical book -developing a mobile app -preparing and annual report -renovating a house |
Example of a large risk & complexity project | - building a house -developing an online store -merging two companies -designing a new airplane -Improving corporate moral |