Direction: It consists of two statements, one labelled as ‘Statement (I)’ and the others as ‘Statement (II)’. You are to examine these two statements carefully and select the answer using the codes given below:

Statement (I): Project management is essentially the process to plan its implementation and to pre-determine the period-wise need of resources including funds and personnel, given the choice of total duration and quality standards.
Statement (II): Of the four dimensions (not denying that there can be some more) of a project; viz., scope, cost, time and quality, only any two can by pre-assigned; others have to abide by these two prescriptions.

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UPSC ESE 2018 Paper 1

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Both Statement (I) and Statement (II) individually true and Statement (II) is the correct explanation of Statement (I)
Both statement (I) and Statement (II) are individually true, but Statement (II) is not the correct explanation of Statement (I)
Statement (I) is true, but Statement (II) is false
Statement (I) is false, but Statement (II) is true

Answer 1

Explanation:

Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Project management has final deliverables that are constrained to a finite timescale and budget.
Project management is a process that includes planning, putting the project plan into action, and measuring progress and performance.
A key factor that distinguishes project management from just 'management' is that it has this final deliverable and a finite timespan, unlike management which is an ongoing process.
Scope, time, and quality can be pre-assigned thereafter cost can be determined.