Ch 5 - Communicating the Plan Flashcards
define bidder conference
meeting held by the buyer with potential vendors during the procurement process to allow vendors to ask questions and get clarification on the project
define communications planning
determines communication needs of the stakeholders, when and how the info will be received, and who will receive the info
define contract
legally binding document that describes work that will be performed, how work will be compensated, and any penalties for noncompliance
define cost-reimbursable contract
provides the seller with payment for all costs incurred to deliver or produce the product or service requested
define equipment
a. one of the categories of project resources. Includes servers, specialized test equipment or additional pc’s that are required for a project
b.
define fixed-price contracts
contract that states a fixed fee for the work that the vendor will perform
define formal communications
planned communications such as project kickoff meetings, team status meetings, written status reports or team-building sessions
define human resources planning
- defining team member roles & responsibilities
- establishing an appropriate structure for team reporting
- securing the right team members
- bringing team members on project as needed for appropriate length of time
define informal communications
unplanned or ad hoc communications, including phone calls, emails, conversations in hallway, or impromptu
define lines of communication
mathematical formula that determines number of lines of communication between participants in meeting.
n*(N-1)/2 where n is number of participants
define make-or-buy analysis
determines cost effectiveness of producing goods or services in-house vs. procuring them from outside the org
define materials
catchall category of project resources/any supplies needed for project or other conusamble goods
define organizational planning
- processing of addressing factors that may impact how to manage a project team
- defining roles and responsibilities for project team members
- identifying how the project team will be organized
- documenting staffing mgmt plan
define procurement planning
make-or-buy analysis to determine whether goods or services should be purchased outside the org or produced internally
define RACI chart
type of responsibility assignment matrix that describes resources needed for the task and their role for that task using: responsible, accountable, consult, or inform