1A - Identify Project Management Basics Flashcards
A temporary work endeavor that creates a unique product, service, or result.
project
An independently manageable component of an existing project.
subproject
The planned effort for executing and monitoring a project in order to accomplish its defined goals and objectives.
project management
A group of related projects that have a common objective.
program
A collection of projects, programs, and operational work to achieve the strategic business objectives of an organization.
portfolio
Ongoing, repetitive tasks that produce the same outcome every time they are performed.
operations
A centralized, ongoing administrative unit or department that serves to improve project-management performance within an organization by providing oversight, support, tools, and helpful methodologies to project managers.
PMO
What does PMO stand for?
Project Management Office
A person who has a business interest in the outcome of a project or who is actively involved in its work.
project stakeholder
Individuals or companies with varying requirements and specifications.
customer (user)
The people who will be affected by the product or service generated by the project. This might be the individuals or organization in the customer role, but can also be someone else.
end-users
Individuals or groups that provide financial assistance to the project. If the ___ is outside of the company, such as a customer, their duties may be the responsibility of the project manager.
sponsor
Individuals, often executives, in the portfolio review board who are part of the project selection committee and belong to the high-level project governance side of the organization.
portfolio managers
An individual who works in coordination with the project managers, and oversee related projects in a program to obtain maximum benefits. They also provide guidance and support to every individual project.
program manager
The individual who is responsible for managing all aspects of the project.
project manager