Introduction to Project Management (5) Flashcards
What processes are in the initiate process group?
Develop project charter, identify stakeholders
What processes are in the plan process group?
Develop project management plan, plan scope management, collect requirements, define scope, create WBS, plan schedule management, define activities, sequence activities, estimate activity durations, 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
What processes are in the execute process group?
Direct and manage project work, manage project knowledge, manage quality, acquire resources, develop team, manage team, manage communications, implement risk responses, conduct procurements, manage stakeholder engagement
What processes are in the monitor and control process group?
Monitor and control project work, perform integrated change control, validate scope, control scope, control schedule, control costs, control quality, control resources, monitor communications, monitor risks, control procurements, monitor stakeholder engagement
What processes are in the close process group?
Close project or phase
Define a project
1) Creates a unique product, service, or result 2) temporary 3) drives change 4) enables business value creation
Define a program and how it interacts with a project
Group of related projects managed a coordinated manner to obtain benefits not available from managing them individually
Define a portfolio
Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives
Define operations management
Ongoing production of goods and/or services that ensures business operations continue efficiently by using optimal resources needed to meet customer demands
What are the 4 stages of the project life cycle?
Starting the project, organizing and preparing, carrying out the work, ending the project
What is tailoring?
Selecting appropriate project management processes
Define project life cycle
Series of phases the project passes through