1. Key Terms and Concepts Flashcards
Outcome
End result; can include outputs and artifacts, but also benefits and value added.
Portfolio
A group of projects, programs, and/or subsidiary portfolios
Product
Quantifiable artifact; either an end item or component item
Program
Related projects, subsidiary programs, and/or program activities managed together
Project Management
Application of knowledge, skills, tools, techniques to projects to meet project requirements
Guiding work to produce intended outcomes
Project Manager
Person assigned to lead project team
Project Team
Set of individuals performing the workS
System for Value Delivery
Collection of strategic activities for building, sustaining, and/or advancing organization
Value
Worth, importance, or usefulness; perceived differently