Chapter 1 Flashcards
Attributes of a project (6)
- Unique purpose
- Temporary
- developed using progressive elaboration
- needs resources
- needs primary customer/ sponsor
- involves uncertainty
project sponsor
provides direction and funding
triple constraint
scope, time, and cost. Figure out which is most important, and pursue it at the cost of the others
Project management
the application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
Stakeholders (7 examples)
people involved in or affected by project activities
-project sponsor, team, support staff, customers, users, suppliers, opponents
Project management knowledge areas (10)
Scope, time, cost, quality, human resources, communications, risk, procurement, stakeholder, integration
project management tools and techniques
tools that assist in doing work in the 10 knowledge areas. (ie. Gantt charts, project network diagrams, critical path analysis)
3 criteria of Project success
1) Met time, scope, and cost goals
2) Satisfied customer/ sponsor
3) Results met project’s main objective
Program manager
- provides leadership and direction for the project managers heading the projects within a program.
- coordinate efforts of project teams, functional groups, suppliers, and operations staff supporting the projects
program
group of related projects managed in a coordinated way to obtain benefits and control not available from managing them indiividually
project portfolio management
- organizations group and manage projects and programs as a portfolio investments that contribute to the entire enterprise’s success
- help their companies make wise investment decisions- select and analyze projects strategically (instead of tactically)
3 basic IT project categories
venture (transform business), growth (more revenues), core (necessary to run business)
leader vs manager
leader focuses on long term goals and big picture, while manager deals with specific goals
critical path
longest path through a network diagram that determines the earliest completion of a project
- shows which tasks affect the target completion date
- can change
enterprise project management software
software that integrates information from multiple projects to show the stats of active, approved, and future projects across an entire organization