Chapter 1 Intro to Project Management Flashcards
PMBOK
Project Mgmt, Body of Knowledge
Project Life Cycle
5 Process Groups
10 Knowledge areas
Project
a temporary endeavor undertaken to create a unique product, service, or result
stakeholders
an individual or organization who may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project
Project management
the application of knowledge, skills, tools and techniques to project activities to meet project requirements
Work processes _____ work
Initiate Plan Execute Close (Indian Pale Extra Credit)
tradeoffs among ________
scope schedule quality resources cost risks (Some Seek Quality, Respect Costs Risks)
administrative tasks
planning, documenting, controlling
plan doc cont
what applies to most projects?
knowledge, skills, and methods
Project v Operations
Projects temporary Operations ongoing
projects are routine
projects have unique characteristics
Soft Skills
Communication leadership
Hard Skills
Risk analysis, quality control, scheduling work, budgeting work
PM Authority and Responsibility
have accountability, negotiate with functional managers,.
strong comm skills and leadership skills to persuade subordinates
functional manager
someone with management authority over an organizational unit… the management of any group that actually makes a product or performs a service.
PLC
Project Life Cycle
Series of phases that a project goes through from its initiation to its closure
PLC Stages
Selecting and initiating
Planning
Executing
Closing and realizing