Introduction Flashcards
What is a Project?
A temporary endeavor undertaken to create a unique product, service or result.
What are the 4 project initiators categories?
- Meet regulatory, legal or social requirements
- Satisfy stakeholder requests or needs
- Implement or change business or technological strategies
- Create, improve or fix products, processes or services
What is Project Management?
The application of knowledge, skill, tools and techniques to project activities to meet the project requirements.
What is a program?
Related project, subsidiary programs and program activities that are managed in a coordinated manner to obtain benefits not available from managing them individually.
What is a portfolio?
Project, programs, subsidiary portfolios and operations managed as a group to achieve strategic objectives.
What is OPM?
Organizational Project Management
What is Organizational Project Management?
Framework for integration of project, program, portfolio and operations management with enablers.