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Ch 12: Fundamental Concepts in Project Management

About This Chapter

Learn or review basic information about project management with this study guide chapter. These lessons and quizzes can improve your understanding of project management for upcoming exams, classes or professional purposes.

Fundamental Concepts in Project Management - Chapter Summary

Explore this chapter's lessons to study the fundamentals of project management teams, frameworks, plans and budgets. These short topical lessons explain basic project management topics, such as scheduling components and responsibility assignment matrices, in a way that's easy to understand and remember. When you're finished, you should be able to:

  • Describe common roles and structures of project management teams
  • Interpret the responsibility assignment matrix
  • Outline an entire project management framework
  • Recognize the scheduling components that are involved in project management plans
  • Assess effective project budgeting techniques

The chapter is entirely self-paced, and we've included a handful of quizzes to help you retain your project management knowledge. Your dashboard keeps track of your progress throughout the chapter, and you can submit questions to our instructors if you have any. These resources are accessible on any computer or mobile device.

8 Lessons in Chapter 12: Fundamental Concepts in Project Management
Test your knowledge with a 30-question chapter practice test
Project Management Team: Structure & Roles

1. Project Management Team: Structure & Roles

This lesson discusses the basic principles of project team organization, describing in detail the good, bad, and the ugly of the commonly used core team structure.

Responsibility Assignment Matrix: Definition & Example

2. Responsibility Assignment Matrix: Definition & Example

The Responsibility Assignment Matrix, also known as a Responsibility Accountability Matrix or RACI matrix is a key component of completing a project successfully. It identifies the role each person plays and what they are accountable for.

What is a Project Management Framework? - Definition & Examples

3. What is a Project Management Framework? - Definition & Examples

This lesson describes how a project management framework assures successful project completion. You will learn what a project management framework is, the stages involved, and the three major parts of the framework.

Scheduling Components for Project Management Plans

4. Scheduling Components for Project Management Plans

This lesson will consider the components that should be included in a comprehensive project schedule and explain how that schedule needs to support the overall project plan.

Project Time Management: Definition, Process & Techniques

5. Project Time Management: Definition, Process & Techniques

In this lesson, we will learn about project time management. We'll define the term and explore the process as well as three techniques that can help project managers be more efficient with their time. At the end, test your knowledge with a quiz.

What Are Milestones in Project Management? - Definition & Examples

6. What Are Milestones in Project Management? - Definition & Examples

In this lesson, we'll learn about project milestones, including what they are and how they're used to measure a project's progress. We'll also explore examples of project milestones and find out which questions to ask when determining a milestone.

Project Budgeting: Definition & Techniques

7. Project Budgeting: Definition & Techniques

Have you ever wondered how a project manager develops a budget? There are a few types of estimating techniques that a project manager can use to develop a budget, and we'll discuss four of them in this lesson.

Construction Project Management: Definition & Examples

8. Construction Project Management: Definition & Examples

How are construction projects managed? Well, construction management is the process of managing construction projects. Let's step inside the world of construction management.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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