Introduction Flashcards

1
Q

What is a Project?

A

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

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2
Q

What are the 4 project initiators categories?

A
  1. Meet regulatory, legal or social requirements
  2. Satisfy stakeholder requests or needs
  3. Implement or change business or technological strategies
  4. Create, improve or fix products, processes or services
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3
Q

What is Project Management?

A

The application of knowledge, skill, tools and techniques to project activities to meet the project requirements.

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4
Q

What is a program?

A

Related project, subsidiary programs and program activities that are managed in a coordinated manner to obtain benefits not available from managing them individually.

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5
Q

What is a portfolio?

A

Project, programs, subsidiary portfolios and operations managed as a group to achieve strategic objectives.

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6
Q

What is OPM?

A

Organizational Project Management

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7
Q

What is Organizational Project Management?

A

Framework for integration of project, program, portfolio and operations management with enablers.

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