Chapter 1 Flashcards
In the Predictive Lifecycle ______ is the fourth step.
Monitoring and Controlling
Can be an individual group or organization who will be affected by an outcome in a project.
Stakeholders
In a project-oriented organization structure, the ______ has full control over the project.
Project Manager
A draft that outlines the scope, aims, cost, and resources of a project. Issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with authority to apply organizational resources to project activities.
Project Charter
A predictive lifecycle begins with ______ which is used to define what you intend to accomplish.
Initiation
The three main organizational structures are _____, _______, and _______.
Matrix, Functional, Project Oriented
Analyzes how engaged the stakeholders are and if any stakeholders desire to be more engaged.
Stakeholder Matrix
A planning tool used to identify internal and external factors within an organization or project that are key to achieving project objectives
SWOT Analysis
Can consist of legal and governmental regulations, economic growth or recession, suppliers, customer demographics, outside sources of funding, financial and product market trends, and innovations in technology
External Factors
Analysis tools identify Risks, Assumptions, Issues, and Dependencies
RAID
A Cause and Effect decomposition tool used in project management
Fishbone Diagram
Determined at the start of a project and covers deliverables start and end times and exclusions
Project Scope
Allows you to compare actual performance with your plan with a project trend analyzed and the probability of problems happening predicted in the future
Earned Value
under the Matrix Organizational Structure team members can report to
Project Manager, Department Manager, Functional Manager
A visual tool that maps a list of possible outcomes for team members resulting in either a positive or negative effect.
Decision Tree
Elements of a Project Scope Statement
Description, Governance, Deliverables, Timelines, Budget Exclusions
Hierarchical decomposition of the total scope of work to be carried out by the project team
Work Breakdown Structure (WBS)