Introduction to Project management Flashcards
Study
A temporary endeavor with a limited life span (finite beginning, finite end)
Project
consists of a set of systematic steps and activities taken to ensure the achievement of the project objectives and meeting it’s goals.
Management
What is the Deming Loop?
- Plan 2. Do 3. Check 4. ACT
The application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements. This may include developing requirements, determining goals, managing the triple constraint (newer version). Or Adopting the various plans as needed to achieve the goals of the project and it’s stakeholders.
Project management
Is to coordinate and integrate all activities leading to project success and he is the first one to claim success and the first to accept blame. Responsible for answering questions related to Why, How, Who, When, and Where.
Project Manager
What does the traditional triple constraint circle consist of?
Scope, Quality, Cost, Time
New triple constraint
Risk, Cost, Scope, Time, Customer Satisfaction, Quality
The 10 areas of a PM
Integration, Cost, Communication, Scope, Quality, Procurement, Stakeholders, Time, Risk, Human Resources