Project management: The managerial Process Test review ch. 1-5.Please explain all of the following bullet points. Provide examples and be concise.Please ensure to keep nice and organized with the corresponding bullet point on top of your answer. Thank you!I will be sure to up vote your work!

You should know the following: Know what a project is and differences between a project, a program and operational work Know the project lifecycle Know what project governance is Know the driving forces increasing the need for disciplined project management skills Know the strategic management process Know why a project priority system is required Know the different project management structures including advantages and disadvantages of Know what organizational culture and politics are and the impact on a project Know the 5 steps to define a project Know what a work breakdown structure (and the different levels) Know what a work package is and tips/tactics for developing work package estimates Know what a responsibility matrix is and why it is important for a project Know the different estimation techniques (top-down versus bottom-up) and when to use one technique versus the other . Know the factors that should be considered when estimating time and costs