1. Key Terms and Concepts Flashcards

1
Q

Outcome

A

End result; can include outputs and artifacts, but also benefits and value added.

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2
Q

Portfolio

A

A group of projects, programs, and/or subsidiary portfolios

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3
Q

Product

A

Quantifiable artifact; either an end item or component item

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4
Q

Program

A

Related projects, subsidiary programs, and/or program activities managed together

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5
Q

Project Management

A

Application of knowledge, skills, tools, techniques to projects to meet project requirements
Guiding work to produce intended outcomes

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6
Q

Project Manager

A

Person assigned to lead project team

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7
Q

Project Team

A

Set of individuals performing the workS

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8
Q

System for Value Delivery

A

Collection of strategic activities for building, sustaining, and/or advancing organization

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9
Q

Value

A

Worth, importance, or usefulness; perceived differently

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