Chapter 1 Flashcards
A projects pattern/phases is called its?
Project Lifecycle
What is a Predictive Lifecycles?
In predictive lifecycles the project’s schedule, scope, and costs are defined up front. Trying to minimize changes
What are Adaptive lifecycles?
Adaptive lifecycles are all about change and focus on small activities of improvements for deliverables to stakeholders.
Describe Iterative lifecycles
Small improvements to the whole system, done in loops
Iterative lifecycles are closer to predictive lifecycles than adaptive ones. When using an
iterative approach, the team still tries to plan most of the work up front but uses repeated
loops within the project lifecycle to identify possible changes to scope, schedule, and cost
baselines.
What are Adaptive lifecycles?
Adaptive lifecycles are all about change and focus on small activities of improvements for deliverables to stakeholders.
What business value does a Portfolio manager contribute?
Portfolio Managers ensure the company’s strategic goals are being met for the company
What business value does a Program Manager contribute?
Program managers manage resources and constraints affecting groups of projects
What business value do Project Managers contribute?
Project manager’s manage the work to achieve results
What does a Portfolio Charter include?
Lists all the programs and projects, and states the companies business strategy with the projects and programs.
What does the Program Charter include?
Program charters lists the projects, and include the shared benefits the program aims to accomplish.
What does a Project Charter include?
A project charter is a document that describes a project’s requirements and high-level schedule, assigns a
project manager, and authorizes the project.
What are traits of a Project?
Progressively Elaborated, Temporary, Create a Unique result.
They’re not always strategic or critical.
