2 - Foundational Concepts / 3 - Process Framework Flashcards
PROGRAM
Group of related projects and operations coordinated together in a larger effort than a project.
PROJECT
A temporary group of related tasks undertaken to create a unique product, service, or result.
PORTFOLIO
An organizations entire investment in projects and programs
PROJECT MANAGEMENT
Using skills, knowledge, and resources to satisfy project requirements
PROCESS
1 of 47 packages of inputs, tools, and outputs used to produce specific output(s) for the project.
PHASES
Groups of project activities separated by exit gates to evaluate phase deliverables.
PROJECT LIFE CYCLE
A group of project phases specified by an organizations project management methodology
METHODOLOGY
An organizations specific implementation of project processes. A set of steps to manage a project.
TRIPLE CONSTRAINT
Concept that scope, cost, and schedule are interrelated. One cannot change without affecting at least one if the others. Also known as the Iron Triangle.
BASELINE
The original plan plus any approved changes
SYSTEM
Set of formal management procedures, roles, processes, people, etc. that support an outcome.
HISTORICAL INFORMATION
Information from previous projects used to evaluate future project decisions.
LESSONS LEARNED
Documented variances used to avoid variances in future projects.
PROGRESSIVE ELABOTATION
Iterative approach where planning occurs in cycles rather than only up front.
PM SKILLS
- Leading
- Communicating
- Negotiating
- Problem-solving
- Influencing
- Delegating
- Being Proactive