Introduction Flashcards

1
Q

Differentiation

A

Areas of an organization with an expertise that can be assigned to solve a problem.

Example: accounting, production, marketing

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2
Q

Integration

A

The process of achieving unity of effort among the various subsystems in the accomplishments of the organizations task

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3
Q

Strong Matrix

A

Power with the PM

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4
Q

Weak Matrix

A

Power with the functional manager

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5
Q

Project

A

A temporary endeavor undertaken to create a unique product, service or result

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6
Q

Project Management

A

Application of knowledge, skills, tools, and techniques to meet project requirements.

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7
Q

5 Process Groups

A
Initiating
Planning
Executing
Monitoring and Controlling
Closing
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8
Q

Portfolio Management

A

Collection of projects or programs and other work that are grouped together to facilitate affective management of that work and meet business objectives

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9
Q

Program Management

A

Group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually

Common outcome or collective capability.

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10
Q

Operations

A

Permanent endeavors that produce repetitive outputs

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11
Q

Stakeholders

A

Actively involved in the project or whose interest may be positively or negatively affected by the performance or completion of the project

Expert influence over the project deliverables and project team members.

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