Introduction: Org Influence, Project Lifecyle and PM Processes Flashcards
A collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.
Portfolio Management
The person assigned by the performing organization to achieve the project objectives.
Project Manager
Internal and external environmental factors that surround or influence a project’s success.
Enterprise Environmental Factors
A comprehensive, consistent method of controlling the project and ensuring its success.
Project Governance
Where should project governance be described?
In the project management plan
A phase to phase relationship where the phase starts prior to the completion of the previous one.
Sequential relationship
A phase to phase relationship where the phase starts prior to the completion of the previous one.
Overlapping relationship
A phase to phase relationship where only one phase is planned at any given time, and the planning for the next is carried out as work progresses on the current phase and deliverables.
Iterative relationship
External organizations that have a special relationship with the enterprise and provide specialized expertise or fill a specified role such as installation, customization, training, or support
Business Partners
The entire value of the business, the total sum of all tangible and intangible elements. This concept is unique to each organization.
Business Value
Persons or organizations that will approve and manage the project’s product, service, or result.
Customers
Persons or organizations that will use the project’s product, service, or results.
Users
Person or group that provides the resources and support for the project and is accountable for enabling success.
Sponsor
Also called vendors, suppliers, or contractor, are external companies that enter into a contractual agreement to provide components or services necessary for the project.
Sellers
Include any or all process related assets, from any or all orgnaizations involved in the project that can be used to influence the project’s success.
Organization Process Assets
Individuals who play a management role within an administrative or functional area of the business.
Functional Manager
An organizational structure in which each employee has one clear manager. Staff members are grouped hierarchically by specialty.
Functional Organization