Chapter 11: Managing IT Projects Flashcards
Involves collapsing the gap between the IS and business units.
Digital Convergence
What quality differentiates firms in the marketplace and destines them for success or failure?
The ability to adapt existing business processes and systems to produce innovative ideas faster than the competition.
A temporary endeavor undertaken to create a unique product, service or result.
Projects
Organizations combine what two types of work to transform resources into profits?
- Projects
- Operations
The individuals and organizations that either are involved in the project or whose interests may be affected as a result of the project.
Project Stakeholders
What are the five (5) types of Project Stakeholders?
- Project Managers
- Project Sponsors
- Project Team
- Customers
- Employees
A collection of related projects that is often related to a strategic organizational objective
Program
Involve two or more teams that work interdependently and directly interface with one another within a system designed to pursue at least one common superordinate goal (such a program goal)
Multi-team System
The application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements
Project Management
What are the three major trade-offs when managing a project?
- Time
- Cost
- Scope
Increase in scope after a project has begun is called
Scope Creep
A department responsible for boosting efficiency, gathering expertise, and improving project delivery
Project Management Office
What four (4) elements are essential for any project?
- Project management
- Project team
- Project plan
- Common project vocabulary.
Person who makes sure that the entire project is executed appropriately and coordinated properly
Project Manager
Project members who work together to ensure that all parts of the project come together correctly and efficiently.
Project Team
Represents the methodology, budget, and schedule to be used by the team to execute the project
Project Plan
Allows all those involved with the project to understand the project and communicate effectively
Common Vocabulary
Who are the two key players in project management?
- Project Manager
- Project Sponsor
The project champion and works with the project manager in providing the leadership to accomplish project objectives
Project Sponsor
What are the nine (9) skills a project managers should posses?
- Identifying systems requirements
- Defining the team’s structure
- Assigning team members t
- Managing risks and leveraging opportunities
- Measuring the project’s status,
- Project visibibility
- Measuring project status
- Taking corrective action
- Providing project leadership
What are the three major periods in the project life cycle?
- Study
- Implementation
- Operations