Chapter 1 - Introduction (1.4) Flashcards
Name 2 project business documents?
Why are these not considered project documents?
- Project Business Case
- Project Benefits Management Plan
They are developed prior to the project being initiated and referenced after the project is complete so they are not considered project documents.
What describes how and when the benefits of the project will be
delivered and how they will be measured?
Benefits Management Plan
Name 6 aspects a Benefits Management Plan may include?
(TB, SA, TF, BO, M, R)
- Target benefits
- Strategic alignment
- Time frame for realizing benefits
- Benefits owner
- Metrics
- Risks
What do the expected tangible and intangible business value to be gained by the implementation of the product, service, or result describe?
Target Benefits
What is described when we talk about how the project benefits support and align with the business strategies of the organization?
Strategic Alignment
The accountable person or group that monitors, records, and reports realized benefits throughout the time frame established in the plan is called what?
Benefits owner
How is the time fram for realizing benefits described?
Benefits by phase: short term, long term, and ongoing.
The direct and indirect measurements used to show the benefits realized are called?
Metrics
Who is accountable for development and maintenance of the project business case document?
Projet Sponsor
Who is is responsible for providing recommendations and oversight to keep the project business case, project management plan, project charter, and project benefits management plan success measures in alignment with one another and with the goals and objectives of the organization?
Project Manager
What is the documented explanation defining the processes for creating, maximizing, and sustaining the benefits provided by a project called?
Project benefits management plan
What is is defined as a document that authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities?
Project Charter
Who issues the project charter?
Project Sponsor
What describes how the project will be executed, monitored, and controlled?
Project Management Plan
What 3 areas does a project management plan integrate and consolidate?
(SMP, B, OI)
- Subsidiary management plans
- Baselines
- Other information essential for manageing the project