Topics: Project management, Management, Work breakdown structure Pages: 2 (481 words) Published: January 29, 2013
Project Management Diploma Course

Unit One

Assignment 1.

Show what you understand by the term “project”

My understanding of the word Project is it can be defined as a package of ideas and measures to achieve completion target time period. A project is run by means of a financial budget, it is important to monitor your budget a regular basis to ensure confidence that you are on stable ground. A project has many resources e.g. (people, equipment and money), without these a project is impossible.

Look around where you live or in the local news paper and give two examples of projects you came across?

Example 1

A new bypass motor- way is in progress, target completion date is June 2014.

Example 2

A golf course has been given the green light by the local county council; it is now in project planning stage.

Describe one function you would perform if you were a manager?

As a manger Iwould use my skills to guide and control my work colleagues/ team members so as manager I could benefit and be confident is achieving my completion target dates.

Give one difference between project management and general management.

Project management is where you manage a project, in this you set a starting target date and a completion target date, when the project is completed we move on the next project, so project management has only a short term life – span, where general management has a permanent life span.

Why is it important not to miss or skip any phase in the project cycle?

Phase one: Project identification stage: It is important not to skip this stage because the project will not exist. A project needs this stage to identify if it is realistic or worthwhile advancing to the next stage.

Phase two: Project planning stage: It is important not to skip this stage because the main reason for project failure is due to lack of planning or no planning at all. It is critical to set out a plan at the beginning of the project, e.g....
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