Chapter 3 - Project Management Processes Flashcards
Project life cycle
The performing organization’s methodology for managing a project, i.e. the logical breakdown of what you need to do to produce the deliverables of the project
Development life cycle
The collective phases within the project life cycle
What is the development life cycle used for?
To ensure that the expected/planned result of each phase is achieved
Difference between the project life cycle and project management process
- The project life cycle is what you need to do the work
- The project management process is what you need to do to mange the work
Plan-driven project life cycle
Plan-driven projects have predictive development life cycles that require scope, schedule, and cost to be determined in detail early in the life of a project - before the work begins to produce the project deliverables
Change-driven project life cycle
- Change-driven projects use iterative, incremental, or adaptive (agile) development life cycles, and have varying levels of early planning for scope, schedule, and cost
Incremental development life cycle
Delivers a complete, usable portion of the product for each iteration
Iterative development life cycle
The complete concept is built in successive levels of detail to create the end result
Adaptive development life cycle
- Involves a fixed schedule as well as fixed costs
- Scope is broadly defined, with the understanding that it will berefined throughout the project
- The customer’s requirements are documented and prioritized in a backlog
- Work is planned in short increments to allow the customer to change and reprioritize requirements within the time and cost constraints
Hybrid development life cycle
Combination of a predictive and adaptive life cycle
In hybrid development life cycle approach, where to use preditive life cycle?
Used to manage the project requirements that are well defined
In hybrid development life cycle approach, where to use adaptive life cycle?
Used to manage the requirements that are less clear
Phase gate
- Occurs at the end of each phase
- Involves analyzing the results of the completed phase by comparing the results of the phase with the business documents, the project charter, and the PMP
- Based on the analysis, a decision is made whether to redo the phase, move forward with the next phase, or choose not to continue with the project
Key points of Initiating phase
- PM decides whether the business case and benefits management plan can be achieved, and does high level planning to see if project can be completed given the constraints, scope, risks, etc.
- Stakeholders are identified
- Stakeholder analysis is performed
- Project is formally authorized when the sponsor signs the project charter
Major actions in Initiating phase
- Develop project charter
- Identify stakeholders