Ch 2 - Project Groups and Project Charter Flashcards
What are key elements common to life cycles?
- at highest level life cycle should describe deliverables for each phase
- life cycle should list categories of resources involved
- high-level timeline for the phase might be constructed
- should explain how output of project will be incorporated into org’s operational business upon completion
what are the five process groups?
- initiating
- planning
- executing
- monitor & controlling
- closing
what is the initiating process?
formal authorization for new project to begin or for existin gproject to continue
what number process is the initiating process in the process groups
first
what activities are associated with the initiating process?
- original process request
- identifying the project
- documenting business justification
- performing business validation
- using project selection methods
- document high-level requirements definitions
- perform cost justification
what is the purpose of initiating a project
to obtain commitment to start the project
what is typically the first step in initiating a project
assigning a project mgr (may be done after the project is approved)
what are the general steps in initiating a project?
- assign project mgr
- identify problem
- define project
- prepare project charter
what is the planning process?
- where the project goals, objectives and deliverables are refined and broken down into manageable units of work
- PM’s create time and cost estimates to determine resource requirements for each activity
what critical areas of project mgmt are included in planning process (5)
- communication
- risk
- HR
- quality
- procurement
what is the executing process
where the work of the project is performed
what is monitoring and controlling processes (3)
- activities that monitor the progress of the project to identify any variances from project plan
- requests for changes handled
- corrective actions taken to get work of project realigned to project plan
- scope control
- cost control
- schedule control
- quality control
- performance reporting
- risk control
what is the primary purpose of the closing process? (2)
document the formal acceptance of project work
2. hand off completed product to org for ongoing maintenance and support
what activities are included in the closing process
- sign-off
- archive of project documents
- turnover to maintenance group
- release of project team members
- review lessons learned
What are the next steps in initiating process, after receiving the request?
- meeting w/requester to clarify and further define project needs
- identify functional and technical requirements
- document high-level requirements