Definitions "O"

Question 1

Operational Definitions

Answer 1

The quantifiable terms and values used to measure a process, activity, or work result. Operational definitions are also known as metrics.

Question 2

Operational Expenses (OpEx)

Answer 2

The normal day-to-day costs of doing business, such as rent, leases, payroll, utilities, and other business expenses. These are sometimes called indirect project expenses as they can’t be assigned directly to the cost of completing a project.

Question 3

Operational Handoff

Answer 3

At various stages of a project, the completed portions of the project scope leave the project and are entered into production. In some projects, operational handoff may happen throughout the project, while other projects may not have the operational transfer until all project scope components are completed.

Question 4

Operations Manament

Answer 4

Managers of the core business area such as design, manufacturing, and product development. Operations managers oversee and direct the salable goos and services of the organization.

Question 5

Organizational Constraints

Answer 5

Within the organization, there may be multiple projects that are loosely related. The completion of another project may be a key milestone for your own project to continue.

Question 6

Organizational Process Assets

Answer 6

Historical information, templates, software, and other project management support materials that are provided to the project manager to help plan and manage the current project.

Question 7

Ouchi’s Theory Z

Answer 7

Workers are motivated by a sense of commitment, opportunity, and advancement. Workers will work if they are challenged and motivated.