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
Plan Driven PLC
Predictive PLC
Progress reports during executing
Predictive Extreme -> Waterfall
Adaptive PLC
Change Driven PLC
Planning continues during Executing
Interim Result before and after Executing
Adaptive Extreme -> Agile
The Project Management Institute
Largest Professional Organization
PMBOK Guide
PMP Certification (Project Management Professional)
CAPM (Certification Certified Associate in Project Management)
Project Management Process Group
a logical grouping of the project management inputs, tools and techniques, and outputs
PMBOK 5 Process Groups
Initiating Planning Executing Monitoring and Controlling Closing
Initiating
define a project or a new phase by obtaining authorization
Planning
establish the project scope, refine objectives and define actions to attain objectives
Executing
complete the work defined to satisfy project specifications
Monitoring and Controlling
rack, review, and
regulate progress and performance, identify changes
required, and initiate changes
Closing
finalize all activities to formally close project of phase
PMBOK 10 Knowledge Areas
Integration Management Scope Management Time Management Cost Management Quality Management Human Resources Management Communications Management Risk Management Procurement Management Stakeholder Management
Performance Goals
Scope and Quality
Scope
the sum of the products, services, and results to be provided as a project.
Quality
the degree to which a set of inherent characteristics fulfills requirements.
Project Success
Deliverables include all agreed-upon features Outputs please customers Completed on Schedule and on Budget Learn/ Enhance skills Organizational Learning
Why Projects Fail
Not enough resources available
Not enough time given to the project
Project Expectations Unclear
Inadequate Project Planning
Project Roles
Executive level, Management Level, Associate Level roles