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What are the major types of costs Which costs are controllable by the project manager?

Estimating the cost of a project varies based on the industry, the type and scope of the project undertaken and the time frame for completing the project. While the variables of any given project may change according to circumstances, there are four main elements of project costing found in most all project cost estimations. a. pre-planning b. material costs c. human resources d. operating costs


What is a project and its deliverable?

A project is a temporary endeavor undertaken to create a unique product, service, or result, characterized by specific goals, a defined timeline, and allocated resources. The deliverable refers to a tangible or intangible output produced as a result of the project, such as a report, software application, or construction of a building. Deliverables are essential for measuring project success and meeting stakeholder expectations. They can be intermediate or final outputs that contribute to the overall objectives of the project.


Why would one need Project Management Certification?

Project Management Certification can be gained in a variety of ways, and one of the main reasons that you would need a qualification would be when looking to get promoted in this field. There are several widely recognised programmes that can be undertaken, including the most well-known PRINCE2.


What do you understands by quality management?

Quality refers to the degree to which a set of characteristics of project deliverables and objectives fulfills the project requirements. In other words, it is the sum of project and product characteristics that help fulfill the requirements. Simply put - Does the project or product meet its requisite purpose properly? If so, we can consider our product/project to be of good quality. The broader goal of quality management is to ensure that a given project will satisfy the needs for which it was undertaken. Quality management has two components: 1. Project quality management and 2. Product quality management. While product quality management techniques depend upon the specific product that the project is going to produce, project quality management applies to all projects independent of the nature of the products.


What do you understand by the concept of project?

A project is a temporary endeavor undertaken to create a unique product, service, or result. It has a defined beginning and end, specific objectives, and constraints such as time, budget, and resources. Projects often involve planning, execution, and monitoring to ensure that goals are met effectively and efficiently. The outcome is typically intended to bring about change or add value in a particular context.

Related Questions

What step are usually undertaken before the start of an IT project?

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What is project identification?

In short, project Identification is the process of checking if candidate projects should be undertaken by the organization.


What public works project was undertaken during the Middle Kingdom?

The building of the Great Pyramids.


Project report on online shopping?

The project report on online shopping refers to a study undertaken to establish the number of people shopping online.


What was a major building project undertaken by Solomon?

King Solomon built the great temple of god.


Are stairlifts an expensive project in the home?

Yes, a stair lift can be a very expensive home project and should be undertaken by a professional builder. There are many factors involved in the successful and completion of such a project.


What are differences between project report and feasibility report?

A feasibility report is an investigation into whether a project is worth undertaking. The report looks at factors such as cost and time. A project report is exactly that - a report on a project which has been undertaken.


What does it mean to evaluate a project?

It means to determine the quality or success of the project. You should look at how the project was undertaken and note the things that made it successful and any areas that could have been improved upon.


What is a project relating to ozone depletion?

Montreal Protocol is an organisation related to ozone depletion. It has undertaken various projects.


Which building project undertaken in Constantinople after the revolt helped to ensure a clean supply of drinking water?

The Hagia Sophia. -Annie :)


What is the difference between 'enterprise' and 'undertaking'?

Enterprise: a project undertaken or to be undertaken, esp. one that is important or difficult or that requires boldness or energy: To keep the peace is a difficult enterprise. Undertaking: the act of a person who undertakes any task or responsibility.


What was the massive building project undertaken under Shi Huangdi's rule that required the labor of soldiers and workers?

the great wall of china

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