1-2 Flashcards
It´s what projects produce, by fulfilling their objectives.
Deliverables
Is defined as an outcome toward which work is to be directed, a strategic position to be attained, a purpose to be achieved, a result to be obtained, a product to be produced, or a service to be performed
Objective
It´s defined as any unique and verifiable product, result, or capability to perform a service that is
required to be produced to complete a process, phase, or project.
Deliverable
Indicates that a project has a definite beginning and end.
The temporary nature of projects
Before the project begins, the organization is commonly referred to as being in the
Current State
The desired result of the change driven by the project is described as.
Future State
Net quantifiable benefit derived from a business endeavor.
Business Value
Organizational leaders initiate projects in response to factors acting upon their
organizations. There are four fundamental categories for these factors:
- Meet regulatory, legal, or social requirements;
- Satisfy stakeholder requests or needs;
- Implement or change business or technological strategies; and
- Create, improve, or fix products, processes, or services.
It´s defined as a group of related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually
Program
It´s defined as projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.
Portfolio
It´s defined as the application of knowledge, skills, and principles to a program to achieve the program objectives and to obtain benefits and control not available by managing program components individually.
Program management
It´s concerned with the ongoing production of goods and/or services.
Operations management
It´s defined as a framework in which portfolio, program, and project management are integrated with organizational enablers in order to achieve strategic objectives.
Organizational Project Management (OPM)
The series of phases that a project passes through from its start to its completion.
Project life cycle
A collection of logically related project activities that culminates in the completion of
one or more deliverables.
Project phase
A review at the end of a phase in which a decision is made to continue to the next
phase, to continue with modification, or to end a program or project.
Phase gate
A systematic series of activities directed toward causing an end result where one or
more inputs will be acted upon to create one or more outputs. Uses tools and techniques.
Project management processes
A logical grouping of project management inputs, tools and techniques, and outputs.
include Initiating, Planning, Executing,
Monitoring and Controlling, and Closing. Are not
project phases.
Project Management Process Group
An identified area of project management defined by its knowledge requirements and
described in terms of its component processes, practices, inputs, outputs, tools, and
techniques.
Project Management Knowledge Area
Within a project life cycle, there are generally one or more phases that are associated with the development of the product, service, or result. These can be predictive, iterative, incremental, adaptive, or a hybrid model.
Development life cycles
In this type of life cycle, the deliverable is produced through a series of iterations that successively add functionality within a predetermined time frame. The deliverable contains the necessary and sufficient capability to be considered complete only after the final iteration.
Incremental life cycle
Life cycles that are agile, iterative, or incremental. The detailed scope is defined and approved before the start of an iteration. They´re also referred to as agile or change-driven life cycles.
Adaptive life cycles
