Introduction to Project Management Flashcards

1
Q

A project

A

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

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2
Q

Project end

A

when their objectives have been reached, or the project has been terminated

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3
Q

operation

A

is work done to sustain the business

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4
Q

Project Attributes

A

-unique purpose
-temporary
-drives change and enables value creation
-is developed using progressive elaboration or in an iterative fashion
-requires resources, often from various areas
-should have a primary customer or sponsor
-involves uncertainty

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5
Q

Project constraints: “the magic Triangle” (page 11)

A

-scope (en haute)
-cost (money en bas à droite)
-Schedule (time en bas à gauche)

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6
Q

other project constraints

A

-technical constraints
-Quality
-Availability of key resources -
-Risk
-Customer satisfaction
-stakeholders
-Statutory regulations
-Sustainability
-Ethics

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7
Q

project success

A

-provided value (the worth, importance, or usefulness of something)
-met scope, time, and cost goals
-satisfied the customer/sponsor
-produced the desired results

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8
Q

net promoter score

A

method used to measure customer satisfaction, number that represents the customer’s willingness to recommend a product or service to others.

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9
Q

Project management

A

“the application of knowledge, skills, tools and techniques to project activities to meet project requirements”

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10
Q

Project management framework

A

page 18

5 process Group:
1. Initiating
2. Planning
3. Executing
4.Monitoring and controlling
5. Closing

10 Project Management Knowledge Area
-scope management
-schedule management
-cost management
-ressource management
-communications management
-risk management
-Procurement management
-stakeholder management

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11
Q

Project management process group

A

different stage from selecting to administrative closure (page 19)

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12
Q

Project management- Knowledge how much areas

A

10 (integration, scope, schedule, cost, quality, resource, communication, risk , procurement, stakeholder)

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13
Q

Project integration management

A

is an overarching function that coordinates the work of all other
knowledge areas. It affects and is affected by all of the other knowledge areas.

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14
Q

Project scope management

A

involves working with all appropriate stakeholders to define, gain written agreement for, and manage all the work required to complete the project successfully.

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15
Q

Project schedule (“time”)

A

management includes estimating how long it will take to complete the work, developing an acceptable project schedule given cost-effective use of available resources, and ensuring timely completion of the project.

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16
Q

Project cost management

A

consists of preparing and managing the budget for the project.

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17
Q

Project quality management

A

ensures that the project will satisfy the stated or implied needs for
which it was undertaken.

18
Q

Project resource management

A

is concerned with making effective use of the people and physical resources needed for the project.

19
Q

Project communications management

A

involves generating, collecting, disseminating, and storing project information.

20
Q

Project risk management

A

includes identifying, analyzing, and responding to risks related to the project.

21
Q

Project procurement management

A

involves acquiring or procuring goods and services for a project from outside the performing organization.

22
Q

Project stakeholder management

A

focuses on identifying project stakeholders, understanding their needs and expectations, and engaging them appropriately throughout the project.

23
Q

Project management tools and technique

A

assist project managers and their teams in various aspects of project management.

24
Q

specific tools for project management

A

-Project charters, scope statements, and WBS (scope)
-Gantt charts, network diagrams, critical path analyses (time)
-Net present value, cost estimates, and earned value management (cost)
-Agile projects often require product roadmaps, backlogs, burndown charts, retrospectives, etc.

25
Q

Principles

A

for a profession serve as foundational guidelines for strategy, decision making, and
problem solving

26
Q

a project performance domain

A

is a group of related activities that are critical for the effective delivery of project outcomes.

27
Q

Tailoring

A

is the deliberate adaptation of the project management approach, governance, and processes to make them more suitable for the given environment and the work at hand.

28
Q

a model

A

is a thinking strategy to explain a process, framework, or phenomenon (for example, leadership models, change models, etc.)

29
Q

A method

A

is the means for achieving an outcome, output, result, or project deliverable (like tools and techniques – methods for data gathering and analysis, estimating, meetings & events, etc.)

30
Q

An artifact

A

can be a template, document, output, or project deliverable (for example a project charter, product backlog, contract, etc.)

31
Q

Program

A

is a group of related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually.

32
Q

Program Manager

A

provides leadership and direction for the project managers heading the projects within the program

33
Q

Project Portfolio Management

A

is defined as projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives

34
Q

distinction between project or program management and portfolio management

A

is a focus on meeting tactical versus strategic goals.

35
Q

emerging business strategy of portfolio Management

A

selecting and managing the optimum set of projects and programs to deliver maximum business value.

36
Q

Project and program management question

A

-Are we carrying out projects well?
-Are projects on time and budget?
-Do project stakeholders know what they should be doing?

37
Q

Portfolio management addresses questions like:

A

-Are we working on the right projects?
-Are we investing in the right areas?
-Do we have the right resources to be competitive?

38
Q

Project Lifecycles

A

predictive –> hybrid –> adaptive

39
Q

Agile project management

A

called adaptive project management, is used to describe an approach where the project scope cannot be well-defined upfront, incremental releases are desired, and changes are expected.

40
Q

Predictive project management

A

called waterfall or traditional project management, are terms used to describe an approach where most of the project planning is done upfront, there is a single final product, service, or result delivered at the end of the project, change is constrained, costs and risks are controlled, and stakeholders are involved at specific milestones.