Integration Management Flashcards
What is the process of integration management?
- Develop Project Charter
- Develop Project Management Plan
- Direct and Manage Project Work
- Monitor and Control Project Work
- Perform Integrated Change Control
- Close Project or Phase
What is the Develop Project Charter process?
What is its key output?
Creating the project charter, which formally establishes the project and gives the project manager the authority to spend money and commit resources to the project.
Output: Project Charter.
What is the Develop Project Management Plan process?
What is its output?
The process of creating a project management plan that is bought into, approved, realistc, and formal.
Output: Project management plan
What are the key outputs of the Direct and Manage Project Work process?
- Deliverables
- Work performance data
- Change requests
- Updates to the project management plan and project documents
What are the key outputs of the Monitor and Control Project Work process?
- Change requests
- Work performance reports
- Updates to the project management plan and project documents
What are the key outputs of the Perform Integrated Change Control process?
- Approved change requests
- Change log
- Updates to the project management plan and project documents
What are the key outputs of the Close Project of Phase process?
- Final product or service
- Formal acceptance of project or phase
- Lessons learned and other organizational process assets updates
Explain the project manager’s role as an integrator.
Making sure all the pieces of the project are properly coordinated and put together into one cohesive whole.
What are the two major categories of project selection methods?
- Benefit measurement (comparative)
- Constrained optimization (mathematical)
What are the economic models for selecting a project?
- Present value
- Net present value
- Internal rate of return
- Payback period
- Cost-benefit analysis
