FUNDAMENTALS OF PROJECT MANAGEMENT AND SYSTEM DEVELOPMENT LIFE CYCLE Flashcards
______ ______ can be defined as the science and
practice of planning, guiding, and monitoring tasks.
Project management
These tasks often need to be completed by multiple people to achieve a business goal within a finite time frame and budget. Formalized methods, tools, skills, and knowledge
are all important parts of the process.
Project management
the application of project management principles, practices, and tools to the planning, execution, and control of IT projects.
IT project management (ITPM)
IT project management (ITPM) is the _______of project management principles, practices, and tools to the planning, execution, and control of IT projects.
application
- important for the successful completion of IT projects for several reasons.
*helps to ensure that all stakeholders are on the same page and that the project is moving in the right direction.
*provides a framework for managing change and ensuring that the project remains on track.
*helps to optimize the use of resources and ensure that the project is completed within budget.
ITPM (IT project management)
The _____ _____ _____, also known as the project management life cycle, refers to all the phases and the list of actions necessary
to fulfill a project’s goals and objectives successfully.
project life cycle
The project life cycle, also known as the ____ _____ _____ _____, refers to all the phases and the list of actions necessary to fulfill a project’s goals and objectives successfully.
project management life cycle
5 STAGES OF THE PROJECT LIFE CYCLE
Initiation
Planning
Execution
Monitoring
Closing
As a _____ _____, you lead your team through every phase of the project. While the steps to be taken may be pre-defined, you must be on your toes to take control and adjust your workflows as per the current need of the project.
project manager
The project life cycle process starts with ______ the project. In this phase, you clearly outline all the basic goals and rules.
initiating
The project life cycle process starts with initiating the project. In this phase, you clearly ____ all the basic ____ and _____.
outline,
goals and rules.
steps you need to take during the project initiation phase:
*Undertake a feasibility study
*Identify project scope
*Identify project deliverables
*Identify project stakeholders
*Develop a business case
*Develop a business case
The next phase in line for robust project life cycle management is
______.
planning
________ helps provide a clear direction to achieve the set deliverables on time and within budget.
Planning
steps you need to take during the project planning phase
*Create a project plan
*Estimate budget
*Estimate resources required
*Anticipate risks on time
*Conduct a kickoff meeting