Foundational Terms & Concepts Part 1 Flashcards
Projects are carried out by who?
Organizations
Projects carried out by organizations is sometimes referred to as ________.
Organizational Context
A process does what?
Does or creates something necessary and valuable for the project.
What is the process where the list of risks is created?
Identify Risks
What are the three ingredients of a process?
Inputs, tools and techniques, and outputs
Outputs of a process often become what?
Inputs to one or more other processes
Processes may be performed how often?
Multiple times, as needed
Processes may be carried out in parallel, true or false?
True
Most larger projects are broken down into units known as ________.
Phases
“Requirements gathering,” “design,” “construction,” “testing,” and “implementation are types of _______.
Phases
How are phases typically carried out?
One after the other even though they could possily have some overlap
Each phase of a project should produce what?
One or more deliverables
How are deliverables of one phase used to inform the next phase?
They are evaluated to determine whether or not the next phase may be begun
How do deliverables inform a project?
They are reviewed to determine whether the project should continue
The decision point of whether or not a project should continue is called what?
An exit gate or stage gate
The evaluation of the deliverables of one project phase to determine if the project should continue and the next phase initiated is called what?
An exit gate or kill point
What is a point in the project’s life cycle where a team or individual external to the project makes the decision whether to continue the project or to stop it?
A kill point
The definition of a project is _______?
The temporary (finite) endeaver undertaken to create a unique product, service, or result
What characteristics are required for a situation to represent a project?
(1) a time limit, with a definite beginning and end and (2) it is unique
How does an operation differ from a project?
An operation may go on perpetually, and projects are finite
The end result of a project can be ____?
Any product, service or result
The point of a project is to what?
Create change and get things done, whether visible or tangible.
Define program
A group of related projects that are coordinated together
Unlike projects, ______ may include operations.
Programs