CH. 1 INTRODUCTION Flashcards
A temporary endeavor undertaken to create a unique product, service, or result.
A Project
Determining the appropriate combination of processes, inputs, tools and techniques, outputs and life cycle phases to manage a project
TAILORING
Unique and verifiable product, result, or capacity to perform a service that is required to complete a process, phase or project
DELIVERABLE
Types of Deliverables?
TANGIABLE AND INTANGIABLE
Net quantifiable benefit derived from a business endeavor, according to PMI definition
BUSINESS VALUE
Organizational leaders initiate projects in response to which factors acting upon their organizations?
- Regulatory, legal, and social
- Stakeholder needs
- Business and Technological Strategy Change
- Create, improve, fix products, processes, or services.
A series of phases that a project passes through from its start to completion
PROJECT LIFE CYCLE
A collection of logically related project activities that culminates in the completion of one or more deliverables
PROJECT PHASE
Name three types of project phases
SEQUENTIAL, ITERATIVE, OR OVERLAPING
Name two main types of project life cycles
- PREDICTIVE
- ADAPTIVE
Name the types of development life cycles according to PMBOK
- PREDICTIVE,
- ITERATIVE,
- INCREMENTAL,
- ADAPTIVE,
- HYBRID MODEL
What is held at the end of each phase of the project
A PHASE GATE
Project life cycle is managed by a series of P.M. activities that known as …
PROJECT MANAGEMENT PROCESSESS
Depending on number of iterations in PMLC, processes are categorized as …
- PROCESSESS USED ONCE,
- PERIODICALLY, and
- CONTINUOUSLY
Name five process management process groups
- INITIATING,
- PLANNING,
- EXECUTING,
- MONITORING & CONTROLLING,
- CLOSING
Name two project management business documents
- PROJECT MANAGEMENT BUSINESS CASE and
- PROJECT BENEFITS MANAGEMENT PLAN
Document that describes how and when the benefits of the project will be delivered, and describes the mechanizms that should be in place to meassure those benefits
PROJECT BENEFITS MANAGEMENT PLAN
Document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
Who issues this document?
THE PROJECT CHARTER.
Issued by: THE PROJECT SPONSOR
Document that describes how the project will be executed, monitored, and controlled
PROJECT MANAGEMENT PLAN
One of the major criteria that project success should be measured with consideration toward
PROJECT OBJECTIVES
Every project management process produces one or more _____ from one or more _____ by using the appropriate project management tools and techniques.
OUTPUTS, INPUTS
