Chapter 4 - Integration Flashcards
Organizational process assets
Plans,processes,policies,procedures,and knowledge based specific to and used by the performing organization. They include any artifact,practice,or knowledge from any or all of the organization involved in the project that can be used to perform or govern the project.
Integration processes
The processes and activities needed to identify, define, combine, unify and coordinate the various processes and project management activities within the Project Management Process Groups.
Initiating
4.1 Develop Project Charter Names the project manager & sponsor Explains how the project supports the organizational strategy Explains the business need & why the need exists Defines any constraints and assumptions that exist (this includes any deadlines, budget limitations, resource limitations, any known risks, and scope must haves). Defines the project success criteria (it is always recommended that success criteria be quantitative in nature as subjective success criteria usually leads to failure.
Planning
4.2 Develop Project Management Plan
The Project Management Plan is a key project
document that is a collection of the outputs of
the planning processes of the Planning Process
Group.
Describes which project management processes
will be used.
Describes how the project is executed,
monitored and controlled, and closed.
Updated throughout the project.
Executing
4.3 Direct and Manage Project Work
Project Manager, with project team, directs
performance and manages interfaces with the
rest of the organization
4.4 Manage Project Knowledge
Monitoring & Controlling
4.5 Monitor and Control Project Work Monitor processes – collect, measure, disseminate, assess Control via corrective actions Compare actual work to plans/baselines Analyze, track, forecast Monitor implemented changes
4.6 Perform Integrated Change Control
Performed from the very beginning to the very end
Identify that a change has occurred
Influence factors that circumvent the integrated
change control process
Review, approve (or reject), monitor change
requests
Maintain integrity of the baselines
Review and approve all recommended corrective
and preventive actions
Assess impact of proposed
changes
Closing
4.7 Close Project or Phase
Project Statement of Work
A narrative description of products or services to be supplied by the project
Business Documents
Sponsor is responsible for these documents:
Project Business Case -
Project benefits management plan
Project business case
a document that will have the feasibility study to prove the validity of the benefits laid out in the benefits management plan. It will include business needs, strategies, goals, objectives, gap analysis, success criteria.
Project benefits management plan
this document is all about benefits.
Project Selection Methods
BCR Economic Value Add (EVA) PV and NPV IRR ROI Return on Invested Capital (ROIC) CBR (smaller better) Payback period (smaller better) Opportunity cost - the cost of a lost opportunity, missing the benefit of the project not selected. (smaller better)
Common Inputs
Enterprise Environmental Factors (EEF) Organizational Process Assets (OPA) The project management plan work performance data Expert judgement Meetings change requests
Enterprise Environmental Factors
Anything that affects your project which is not under the control of project team. Examples include the culture, the organization, the PM’s power, risk tolerance, and the market.
Organizational process assets
Anything that helps you which is specific to your organization. Examples include previous plans, documents, analytical data, policies, procedures, and corporate knowledge base.
Work performance data
the raw observations and measurements identified during activities performed to carry out the project work.
Meetings
discussing and addressing pertinent topics of the project. It can be three types:
- information exchange
- brainstoming, option evaluation, design
- decision making
change requests
- corrective actions: realigning the project work with project management plan
- Preventive actions: making sure that future project work is in alignment with the project management plan
- Defect repairs: correcting the non conforming product.
- Updates:
Updates (all categories): from planning, excuting, and M&C:
a. Organizational process assets updates
b. Project management plan updates
c. Project document updates