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What is a "Project"?

Project is a temporary endeavour undertaken to create a unique product or service. 

Temporary means that every project has a definite end.

Unique means that the product or service is different in some distinguishing way fro all similar products or services.

What is "Project Management"?

Project Management is the activity of organising and controlling a project.

Project Management is the activity of organising and controlling a project.

What is a "Team"?

Team is a number of people who do something together as a group.

What is a "Budget"?

Budget is a plan to show how much money a person or organisation will earn and how much they will need or be able to spend.

What is a "Business Plan"?

Business Plan is a detailed plan describing the future plans of a business.

What is a "SMART" Project?

S - Specific is relating to one thing ad not others; particular, clear, exact.

M - Measurable is able to be measured in order to discover its exact size, amount.

A - Attainable is possible to achieve.

R - Realistic is seeming to exist or be happening in fact.

T - Timely is happening at the best possible moment.

What is "Project Cycle Management"?

Project Cycle Management (PCM) is an approach to managing projects.

The PCM approach provides for planning and reviewing processes throughout a cycle and allows for multiple project cycles to be supported.

What are the phases of the PCM?

The phases of the PCM are programming, identification, appraisal, financing, implementation and evaluation.

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© 2020 by AGM Strategic Solutions

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