Here are my responses to the activity questions: 1. The three main types of project management are predictive project management, adaptive project management, and agile project management. Predictive project management uses a planned, rigid methodology like waterfall. Adaptive project management is more flexible and able to adapt to changes. Agile project management focuses on iterative development and frequent delivery of working software or other deliverables. 2. Advanced creative minds of people have led to many innovations that have improved lives and pushed the boundaries of what is possible. Creativity and thinking outside the box allow people to solve problems in new ways. 3. Information technology is highly relevant to project management. Many projects today involve developing software, websites, apps, and

2. Project Management
Project
specific
management
knowledge,
is
skills, tools
techniques to deliver something
the use of
and
of
value to people. The development of
software for an improved business
process, the construction of a building,
the relief effort after a natural
disaster, the expansion of sales into a
new geographic market—these are all
examples of projects.

3. are temporary efforts to
Essentially,
create value
projects
throug h unique
and processes. S ome projects
products, services,
are eng ineered to
quickly resolve problems.
we see that projects are amalgamations of tasks,
activities, and deliverables that must be structured
and executed carefully to achieve a desired
outcome.
What is Project?

4. Before an outcome is achieved, each aspect of a
project must go through phases of initiation,
planning, and execution.
This process is known as the project management
lifecycle,
projects.
this cycle
and it is the lifeblood of successful
allows project manag ers to plan each
task and activity meticulously to ensure the
highest chances of success. Overall, a project is a
well-planned endeavor that follows a lifecycle
with a definite beginning and end.
What is Project?

5. Before an outcome is achieved, each aspect of a
project must go through phases of initiation,
planning, and execution.
This process is known as the project management
lifecycle,
projects.
this cycle
and it is the lifeblood of successful
allows project manag ers to plan each
task and activity meticulously to ensure the
highest chances of success. Overall, a project is a
well-planned endeavor that follows a lifecycle
with a definite beginning and end.
What is Project?

6. A project is a unique, transient
endeavour, undertaken to
achieve planned objectives, which
could be defined
outputs, outcomes
in terms of
or benefits. A
project is usually deemed to be a
success if it
objectives
acceptance
according to
criteria, within
achieves the
their
an
agreed timescale and budget.
Time, cost and quality are the
building blocks of every project.
What is Project?
Time: scheduling is a collection
of techniques used to develop
and present schedules that show
when work will be performed.
Cost: how are necessary funds
acquired and finances managed?
deliverables
processes
Q uality: how will fitness for
purpose of the and
be
management
assured?

7. Project management is aimed at producing an end product that will effect
some change for the benefit of the organisation that instigated the project. It
is the initiation, planning and control of a range of tasks required to deliver
this end product. Projects that require formal management are those that:
produce something new or altered, tangible or intangible;
have a finite timespan: a definite start and end;
are likely to be complex in terms of work or groups involved;
require the management of change;
require the management of risks.
Why do we use project management?

8. A nyone and everyone manages projects, even if they aren’t formally called a
‘project manager’. Ever organised an event? That’s
with a team of people, and project management is
a project
a life skill
you managed
for all. M ore
formally, projects crop up in all industries and business:
Transport and Infrastructure
IT
Product manufacture
Building and Construction
Finance and Law
Who uses project management?

9. the reason why a
defining
necessary;
capturing
quality of
project
the
requirements,
deliverables,
project is
specifying
estimating
to justify the
resources and timescales;
preparing a business case
investment;
securing corporate agreement and funding;
leading and motivating the project delivery
team;
developing and implementing a management
plan for the project;
The core components of project
management
managing the risks, issues and
changes on the project;
monitoring progress against plan;
managing the project budget;
communications with
and the project
maintaining
stakeholders
organisation;
provider management;
closing the project in a controlled
fashion when appropriate.

10. Seven Dimensions
(7C's)
Customers, Competitors, Capabilities,
Capital, Channels, communication, and
Coordination.

11. Customers
-Core customers are typically the
preferred target because they have
much more experience
product or service, are
with
more
your
loyal,
and may view the cost of switching to
importance of understanding
be too high. also stressed the
the
customer. He emphasized that not all
customers are the same.

12. Competitors
It is important to identify who are
the existing and potential
competitors.

13. Capital
Most organizations want to grow
but do not have the resources to
do so.

14. Capabilities
existing or complementary
Can your new project utilize
skills,
talents, and technology or will it
require a next generation, state-
of-the-art, or totally new
capability

15. Channels
How will the project results be
made available to the market
place and end users?

16. Communication
is exchanging information
between employees and those
outside the organization.
Employees and management
interact with one another through
effective
accomplish
reduce errors
communication to
organizational goals.
and
organizational
It aims to
enhance
procedures.

17. Coordination
Integrating all of the other C's will require
that you have a clear understanding of
the big picture. Factors to consider
regarding coordination and maintaining
synergy include the extent to which other
parties are involved versus working alone,
how much
associated
risk
with
and uncertainty is
each move, and the
degree to which the seven C's are local or
global.

18. ACTIVITY 1:
Deadline – January 5, 2023 – 6:00pm
knowledge about a business?
1.What are the three types of project management? Explain.
2. What can you say about the advanced creative minds of people?
3. How would
management?
you relate Information Technology to Project
4. If you were given a chance to pick between the two, which one would
you pick and why?
A customer who criticized a product
A customer who never complains and just accepts whatever is
served
5. Will it be a hindrance if you do not possess any talents, skills, and