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MBA – PM0013 : List and explain in brief the key features of a project.

Posted on: March 2, 2012

 MBA – PM0013 :  List and explain in brief the key features of a project.

Answer: – The key features of a project are:

Planning utilities (product based planning for instance- product breakdown structure, product flow diagram)

– Gantt chart

– Network diagram

– Resource management

– Risk management

– Issue management

– Daily log (optional)

– Calendar

– Work packages

– Checkpoints

– Snapshots

– Cost items (optional)

– Resource load diagram

– Cost diagram

– Reports There are other features of  PM

software such as integration with mail server, Share Point andother collaboration portals.

There are a lot of products for project management. Some include

-Microsoft Project

-Easy Projects .NET

-P2ware Planner

-FogBugzA project plan can be considered to have five key characteristics that have to be managed:

– Scope: defines what will be covered in a project.

– Resource: what can be used to meet the scope.

– Time: what tasks are to be undertaken and when.

-Quality: the spread or deviation allowed from a desired standard.

– Risk: defines in advance what may happen to drive the plan off course, and what will be done to recover the situation.

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