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
Name 10 subsidiary management plans?
(S, R, S, C, Q, R, C, R, P, SE)
- Scope
- Requirements
- Schedule
- Cost
- Quality
- Resource
- Communications
- Risk
- Procurement
- Stakeholder Engagement
Name 3 Baselines used in project management?
- Scope
- Schedule
- Cost
What is the approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary, which can be changed using formal change control procedures and is used as a basis for comparison called?
Scope Baseline
What is the approved version of a schedule model that can be changed using formal change control procedures and is used as a basis for comparison to the actual results called?
Schedule Baseline
What is the approved version of the time-phased project budget, excluding any management reserves, which can be changed using formal change control procedures and is used as a basis for comparison to the actual results called?
Cost Baseline
Name 6 additional project management plan components not related to subsidiary management plans and/or baselines?
- Change Management Plan
- Configuration Management Plan
- Performane Measurement Baseline
- Project Life Cycle
- Development Approach
- Management Reviews
What describes how the change requests throughout the project
will be formally authorized and incorporated?
Change Management Plan
What describes how the information about the items of the project (and which items) will be recorded and updated so that the product, service, or result of the project remains consistent and/or operative?
Configuration Management Plan
What is an integrated scope-schedule-cost plan for the project work against which project execution is compared to measure and manage performance?
Performance Measurement Baseline
What describes the series of phases that a project passes through from its initiation to its closure?
Project Life Cycle