MCT Concepts

1. A project can be:

• Part of a program
• Part of a portfolio
• Independent
• Part of the deliverables
• Part of the strategy

2. Examples of project manager practices:

• Motivate the project team
• Define team member responsibilities
• Involve key stakeholders
• Demonstrate leadership
• Report overall project progress
• Manage risks

3. Examples of subjects included in the business case:

• Lessons learned
• Objectives
• Profits
• The acceptable level of risk
• The skills of team members

4. Examples of project sponsor responsibilities:

• Realize the expected benefits
• Validate the project justification throughout its life cycle
• Confirm the qualification and competence of the project manager and his team
• Resolve the issues
• Escalate risks to higher authority

5. Examples of factors that differentiate projects:

• Opportunities
• The threats
• Objectives
• The environment
• Deliverables
• The methods