Chapter 1 Flashcards
1.2 What is a project?
- create a unique product, service, or result
- temporary
- beginning and end
- doesn’t have to be strategic
- progressively elaborated
1.3 Five process groups
- Initiating
- Planning
- Executing
- Monitoring and controlling
- Closing
1.3 7 project contraints
- Time
- Cost
- Scope
- Quality
- Customer Satisfaction
- Risk
- Resources
8 Interpersonal skill
- Leadership
- Motivation
- Team Building
- Trust building
- Influencing
- Conflict Management
- Coaching
- Political and Cultural awareness
What do you need to be a good PM?
- Knowledge - pm
- Performance
- Personal skills
OPM
Organizational Project Management
Organizational Project Management
A strategic framework to use and guide … portfolios, programs, and projects … to deliver organizational strategy
Portfolio
- Consists of programs, projects, and operational work to achieve a specific operational goal
- linked to a business goal
- Prioritizes them
- helpful to be related but it doesn’t have to
Program
Group of projects that are closely linked and related. It focuses on the inter-dependencies between the projects.
Types of PMOs
- Supportive
- Controlling
- Directive
Supportive PMO
- Provides policies, methodologies, templates and lessons learned.
- Low level of control over projects
Project Charter
- project requirements
- high-level schedule
- assigns a project manager
- authorizes the project
Types of Organizational Structures
- Functional
- Matrix
- Projectized
Controlling
- Provides guidance and templates
- They will audit your work
- Prioritize projects
- Moderate level of control
Directive
- Team of PMs
- Assign out the projects
- High level of control
4.
Knowledge
refers to what the PM knows about Project Management
Performance
refers to what the PM is able to do or accomplish while applying project management knowledge
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Personal
InterPersonal skills that are applied
