Cert flashcards 1
A factor in the planning process that is considered to be true, real, or certain, without proof or demonstration.
Assumption
The net quantifiable benefit derived from a business endeavor. The benefit may be tangible, intangible, or both.
Business Value
Any unique and verifiable product, result, or capability to perform a service that is produced to complete a process, phase, or project.
Deliverable
A limiting factor that affects the execution of a project, program, portfolio, or process.
Constraint
Conditions, not under the immediate control of the team, that influence, constrain, or direct the project, program, or portfolio.
Enterprise Environmental Factors (EEFs)
The ongoing, repetitive processes an organization uses to produce the products or services necessary to fulfill its mission.
Operations
Plans, processes, policies, procedures, and knowledge bases that are specific to and used by the performing organization.
Organizational Process Assets (OPAs)
A framework in which portfolio, program, and project management are integrated with organizational enablers in order to achieve strategic objectives.
Organizational Project Management (OPM)
Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.
Portfolio
The centralized control of one or more sets of activities or deliverables to achieve strategic objectives.
Portfolio Management
A group of related projects and activities managed in a coordinated manner to obtain benefits not available from managing them individually.
Program
The application of knowledge, skills, and principles to a program to achieve the program objectives and obtain benefits and control not available by managing program components individually.
Program Management
The iterative process of increasing the level of detail in a project management plan as greater amounts of information and more accurate estimates become available.
Progressive Elaboration
A temporary endeavor undertaken to create a unique product, service, or result.
Project
The framework, functions, and processes that guide project management activities in order to create a unique product, service, or result to meet organizational, strategic, and operational goals.
Project Governance