All-In-One Chapter 2 - Managing a Project Flashcards
Adaptive life cycle
this is a project life cycle that anticipates many changes to the project scope and demands highly involved project stakeholders
Balanced matrix structure
an organization where organizational resources are pooled into one project team, but the functional managers and the project managers share the project power
Composite structure
an organization that creates a blend of functional, matrix and projectized structures
Customer/user
the person(s) who will pay for and use the project’s deliverables
Deliverable
a verifiable, measurable product or service created by a phase and/or a project
Functional Structure
an organization that is divided into functions, and each employee has one clear functional manager. Each department acts independently of the other departments. A project manager in this structure has little to no power and may be called a project coordinator
Influencers
persons who can positively or negatively influence a project’s ongoing activities and/or the project’s likelihood of success
Kill Point
the review of a phase to determine if it accomplished its requirements. A kill point signals an opportunity to kill the project if it should not continue
Negative Stakeholder
a stakeholder who does not want a project to succeed. He or she may try to negatively influence the project or help it fail
Performing Organization
the organization whose employees or members are most directly involved in the project work
Phase
the logical division of a project based on the work or deliverable completed within that phase
Phase exit
the review of a phase to determine if it accomplished its requirements. it signals the exiting of one phase and the entering of another
Phase gate
the review of a phase to determine if it accomplished its requirements. Like a phase exit, a phase gate shows the qualifications to move from one phase to another
Phase-end review
the review of a phase to determine if it accomplished its requirements, a phase-end review is also called a phase exit, a phase gate, and a kill point
Positive stakeholders
a stakeholder who wants a project to exist and succeed. He or she may try to positively influence the project and help it succeed.
Predictive life cycle
also called a plan-driven approach, is a life cycle that “predicts” the work that will happen in each phase of the project. The project plan, time, cost and scope are defined early in the project and predict what is to happen in the project
Product life cycle
the life cycle of the product a project creates
Project life cycle
the collection of phases from the start of a project to its completion
Project management office (PMO)
a business unit that centralizes the operations and procedures of all projects within the organization. The PMO supports the project manager through software, templates, and administrative support. A PMO can exist in any organizational structure, but it is most common in matrix and projectized structures
Project management system
the defined set of rules, policies, and procedures that a project manager follows and utilizes to complete the project
Project stakeholder
anyone who has a vested interest in a project’s operation and/or its outcome
Projectized structure
an organization that assigns a project team to one project for the duration of the project life cycle. The project manager has high-to-almost-complete project power
Strong matrix structure
an organization where organizational resources are pooled into one project team, but the functional managers have less project power that then project manager
Weak matrix structure
an organization where organizational resources are pooled into one project team, but the functional managers have more project power than the project manager
