Chapter 2 - PM Flashcards
To understand a project’s purpose and its needs, project managers need to know the following:
Background
Scope
Strategy
Why people authorized a project
Background
The description of the deliverables, or what work will be performed
Scope
How project team members will approach the major work of the project
Strategy
Project managers should examine 2 critical elements that influence & inspire all related work
Strategies and objectives
General approach PM plan to take to perform work and achieve outcomes
Project Strategy
Results to be achieved through the performance of a project
Objectives
- Incorporate the limitation directly into the plan
2. Identify any project risks that exist because fo a particular limitation
2 ways project plan can reflect limitations
Written confrimation of what a project will produce and the terms and conditions under which the team will perform
Statement of Work (SOW)
To truly understand a project’s purpose, you need to know what 3 things?
- Background
- Scope
- Strategy
After you identify the needs ppl expect to address, the next critical step is:
Confirm whether the identified needs are the real expectations for the project
4 common organizational document can help confirm a projects needs are appropriate
- Long-range plan
- annual budget
- capital appropriations plan
- annual performance objectives
True or False: Project strategies include detailed ways you’ll go about completing a project
False
Objectives are:
- Results to be achieved through the project
- Clear and specific
- measurable
In a SMART objective, the M stands for
measurable