Project Management I

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Refers to the ability of a process or product to satisfy both stated and implied needs, with those needs being defined by the stakeholders.

The activities performed to track, review, and regulate the execution of the project; identify any areas in which changes to the plan are required; and initiate corresponding changes.

A threat of a damage, liability, loss, or other negative occurrence that is caused by external or internal vulnerabilities. May be minimized or neutralized through preemptive action.

The way that businesses and organizations purchase or obtain goods or services. Procurement may involve specifications development, price negotiation, purchase orders, purchasing inventory control,

Defines the boundaries of the project and what is outside those boundaries

Estimates the deadlines for delivery and includes bench-marking and milestones.

The activities performed to carry out and complete the work as defined in the project management plan.

The activities performed in order to establish the total scope of the project, define and refine the objectives, and develop the course of action that will be followed to achieve the objectives.