IT Project Management Overview Flashcards
What are the 10 Project Management Bodies of Knowledge (BOK)?
Scope
Time/Schedule
Cost
Quality
Human Resources
Communication
Risk
Stakeholder
Procurement
Project Integration
What is a project?
A project is a temporary endeavour that aims to produce a good/service/result.
How does formal project management influence control of resources?
FMP provides a scope, plan, and strategy for how financial, physical, and human resources are used, thus improving the control of these resources
How does formal project management influence customer relations?
How does formal project management influence development times?
How does formal project management influence costs and productivity?
How does formal project management influence quality and reliability?
How does formal project management influence profit margins?
How does formal project management influence internal coordination?
How does formal project management influence the achievement/fulfilment of strategic goals?
How does formal project management influence worker morale?
What are the 7 key attributes of projects?
- Unique purpose
- Temporary - Is not an ongoing task, rather it has a start and end date
- Drives change and enables value creation - should improve the output of an organisation in some way
- Developed using progressive elaboration - the end product is not clear at the start, but instead becomes more defined as the project carries out
- Requires resources from various areas
- Should have a primary customer/sponsor
- Involves uncertainty
What is the triple contraint?
It describes the three main constraints that define a project: scope, time, cost
The goals set for each of these constraints become the criteria for a project’s success.
What is project management?
The application of knowledge, skills, tools, and techniques to execute a project while meeting its constraints.
Why is there a renewed or new interest in the field of PM?
Projects are becoming more complex with the addition of new technology.
Organisations need better ways to project manage in the face of evolving business types and organisational circumstances.