Final Exam Flashcards
A temporary endeavor undertaken to create a unique product, service, or result.
Project
Involves working with stakeholders to create the document that formally authorizes a project.
Developing the Project Charter
Involves coordinating all planning efforts to create a consistent, coherent document.
Developing the Project Management Plan
Involves carrying out the project management plan by performing the activities included in it.
Directing and Managing Project Work
Involves overseeing activities to meet the performance objectives of the project.
Monitoring and Controlling Project Work
Involves identifying, evaluating, and managing changes throughout the project life cycle.
Performing Integrated Change Control
Involves finalizing all actvities to formally close the project or phase
Closing the Project or Phase
Deciding how to approach and plan the risk management activities for the project.
Planning Risk Management
Determining which risks are likely to affect a project and documenting the characteristics of each.
Identifying Risks
Prioritizing risks based on their probability and impact of occurrence.
Performing Qualitative Risk Analysis
Numerically estimating the effects of risks on project objectives.
Performing Quantitative Risk Analysis
Taking steps to enhance opportunities and reduce threats to meeting project objectives.
Planning Risk Responses
Monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project.
Controlling Risk
Ensures that the project will satisfy the needs for which it was undertaken.
Project Quality Management
Identifying which quality standards are relevant to the project and how to satisfy them, a metric standard of measure.
Planning Quality Management