Framework Terminology Flashcards
Authority
The agreement to be able to assign project resources, make project decisions, and spend project funding
Closing Processes
Activities during which formal acceptance and completion procedures are attained from either a phase or the project itself
Co-location
A team-building technique in which team members are located together or as close to each other as possible
Control
Analyze variances between actual performance and planned performance to effect improvements
Criteria
Standards to which project variables are compared for acceptability
Customer
The individual, group, or company that will own the work of the project when it is complete
Enterprise
A company, business, or other formal structure that encompasses a business function
Enterprise Environmental Factors (Output/Input)
Any internal or external organization variables that can influence the project success Examples: company culture, the business market, technology, and personnel
Executing Processes
The coordination of personnel and additional resources to implement the project management
plan and create the deliverables of the project
Functional Manager
A manager of a department or unit in a functional organization
Functional Organizational Structure
A structure within a company where people are grouped by similar skill set (e.g., accounting, marketing, engineering)
Goods
Products that have been created and are available for purchase
Historical Information
Information from previous projects that can be used to learn from success and failure
Influencer
A person or organization that is not necessarily directly related to the project but can influence the project in either a good or bad way
Initiating Processes
The beginning processes in a project, which occur prior to Planning
Initiator
An organization or individual authorized and capable of starting a project
Management by Projects
Performing day-to-day operations by a project management approach
Matrix Organizational Structure
A structure within a company where people are organized by (and report to) a combination of Project and functional managers
Methodology
A set of procedures used in project management
Monitoring and Controlling Processes
Actions to make sure the project objectives are completed successfully
Operations
The day-to-day repeatable activities that a company performs
Organization
A group of people formed for the purpose of performing work within a company or enterprise
Organizational Process Assets (Output/Input)
The various process-related assets from the organizations involved in the project work; can include templates, documentation, methods and procedures, and policies
Performing Organization
The entity whose personnel are most directly involved in performing the work of the project
Planning Processes
The processes required to develop the activities to attain an objective
Portfolio
A group of programs or projects related and managed in a coordinated way to achieve specific strategic business goals
Portfolio Management (Technique)
Managing various portfolios that include the projects and programs of which they consist; can include prioritization, authorization, and management
Product Life Cycle
The generally sequential phases of a product
Program
A group of related projects that are managed to obtain synergistic benefits and control
Program Management
The management of projects in a coordinated way to achieve better results than if managed separately
Progressive Elaboration (Technique)
The process of beginning a project and, as more information is discovered, adjusting the plan to reflect the information and progress
Project
A temporary undertaking to create a unique product, service, or result
Project Initiation
The process that can result in the authorization of a project
Project Life Cycle
The process of completing work on the project: It is not the project management of the work, but rather the work process such as the building process of creating a house, or that of developing a computer program. This life cycle typically coexists with the project management life cycle.
Project Management
An approach to meeting project objectives by utilizing defined methodology which includes knowledge, skills, tools, and techniques
Project Management Body of Knowledge
The knowledge within the profession of project management
Project Management Knowledge Area
The nine project management knowledge areas are integration, scope, time, cost, quality, human resource , communication, risk, and procurement
Project Management Office
The central group of project management at a company; can be a centralized group of project managers or the office that standardizes policy or procedures
Project Management Process Groups
The group of processes that complete a project (Initiating, Planning, Executing, Monitoring and Controlling, and Closing)
Project Management System
The elements needed to manage a project: processes, tools, methods etc.
Project Manager (PM)
The person responsible for ensuring that project objectives are met
Project Phase
A group of project activities making up a piece of the project that interrelates with other pieces to make up the project
Projectized Organization
An organization which authorizes the project manager to assign resources to the project, to establish priorities, and to direct the work of the project
Regulation
A requirement developed by a government organization
Role
A specific function performed by a member of a project team with defined behaviors and activities
Service
Work performed without resulting in a physical product
Skill
The capability to execute project-related activities based on individual subject matter expertise and abilities
Sponsor
Person or group who provides the financial resources for the project
Stakeholder
Person or entity whose interests are positively or negatively affected by the project or whose influence can positively or negatively affect the project
Standard
An established norm or requirement
Subphase
A division of a phase of a project
Subproject
A smaller piece of the project, as a result of decomposition; is usually created as a result of creating the work breakdown structure
Technique
A procedure executed by a resource to complete activities on the project
Template
A partially filled-out document that can serve as a shell for completion of project documents
Tight Matrix
A phrase that describes a war room or close environment for the team; can also be used as a distracter answer on organizational-related questions
Variance Analysis (Technique)
An approach for measuring the variance associated with the scope, time, or cost of the project
Virtual Team
A group of people with similar goals who form a team but spend little (if any) time together
Voice of the Customer (VOC)
A Planning process that considers the requirements the customer really needs when technical requirements are created
War Room
A room shared by project personnel that can be used for planning and meetings, and display charts, graphs, and various other project information