Question

1. What are the key features of a typical project?
2. What is social complexity and what is its role during project management?
3. How do you classify projects and why it makes sense to classify these in the first place?
4. What skills distinguish a project manager from a general manager?
5. What are the key goals in any project? How these relate to each other in the context of uncertainty?
6. What constitute a project's life cycle? why it is important to be aware of it?
7. Name some project portfolio selection methods. Why we have different methods and where are these suitable?

Answer 1

Ans 1) Key feature of project :

a) each should have defined goals

b) it has start period and end period , which makes it temporary in nature.

c) there is some opportunity cost while undertaking a project.

d) there is unique set of requirements associated with each proect which is undertaken.

e) sometime cross organizational lines are required to complete the project where different teams interact with each other to complete the project.

f) project is generally a process of achieving the set goals at the beginning.