Introduction Flashcards
Deliverable
unique and verifiable product, result, or capacity to perform a service that is required to be produced to complete a process, phase, or project
Project Qualities
- creates a unique product, service, or result
- temporary endeavor
- drives change
- enables business value creation (create value and benefits)
Factors that cause projects to start
- to meet regulatory, legal, or social requirement
- satisfy stakeholder requests or needs
- implement or change strategies
- create, fix, or improve products/services
Operations
transforms resource or data inputs into desired goods, services or results; ongoing and managed by organizational managers
Portfolio Management
facilitates the effective governance and management of the work that helps achieve organization strategies; doing right programs and projects to align with strategy
Factors of Organizational Systems
- governance
- management
- structure
Types of Organizational Systems
- organic/simple
- functional
- multi-divisional
- virtual
- hybrid
- matrix-strong
- matrix-weak
- matrix-balanced
- project oriented
- PMO
PMO degrees of influence
supportive, controlling, directive
Project Integration Management
activities used to combine, unify, and coordinate various processes and project management activities during life cycle; sponsor helps align with objectives
Spheres of Influence (5)
project organization industry professional discipline across disciplines
PMI talent triangle
- technical project manager
- leadership
- strategic and business management
Forms of Power (8)
positional informational personal coercive pressure guilt persuasive avoiding
Initiating Process Group
define a new project and authorization to start
- develop project charter
2. identify stakeholders
Planning Process Group
establish the total scope of the effort; develop course of action
- develop project management plan
- plan scope management
- collect requirements
- define scope
- create WBS
- plan schedule management
- define activities
- sequence activities
- estimate activity duration
- develop schedule
- plan cost management
- estimate costs
- determine budget
- plan quality management
- plan resource management
- estimate activity resources
- plan communications management
- plan risk management
- identify risks
- perform qualitative risk analysis
- perform quantitative risk analysis
- plan risk responses
- plan procurement management
- plan stakeholder engagement
Executing Process Group
processes to complete the work defined in the project management plan to satisfy requirements; performing project activities
- direct and plan project work
- manage project knowledge
- manage quality
- acquire resources
- develop team
- manage team
- manage communications
- implement risk responses
- conduct procurement
- manage stakeholder engagement