L1 Flashcards
What’s the order of job stages for PM?
Team member
Team leader
Project Manager
Programme Manager (multiple proj)
Portfolio Manager
Senior Management
CEO (multiple prog.)
What does PMI stand for?
Project Management Institute
What is a project?
A temporary endeavour undertaken to create a unique product, service, or result.
What are the 7 characteristics of projects?
- Change
- Mission focussed
- Uniqueness
- Social construction
- Integration
- Risk and uncertainty
- Temporary
What are the different project types re volume and variety?
First-timers (e.g. moon landing)
As… but…
Painting by numbers (e.g. another McDonalds) more repetitive less risk/uncertainty
Difference between first-timer project and painting by numbers regarding client contact?
You’ll meet regularly with the client for first-timers.
What is a project manager responsible for?
- Scope (features, functionality)
- Time (schedule)
- Cost (resources, budget)
3 contradictory qualities on pyramid
What do project objectives have to be?
SMART!
Specific
Measurable
Attainable (assignable)
Relevant (realistic)
Time bound
What are the 4 D’s of project management?
Define it (brief)
Design it (proposal)
Do it (Outcomes)
Develop it (Process/product knowledge)
What happens in the define it stage?
You create the project brief
What happens in the design it stage?
Create a detailed project plan - schedule, cost analysis, risk management. This results in a proposal (PID)
What happens in the do it stage?
You implement the project using project control (being reactive if overspending, behind schedule etc)
What happens in the develop it stage?
We preserve the knowledge learnt from doing the project. Things to prevent in future or what went well.
Which characters are involved in a project?
Project sponsor
Project manager
Team leader
Team members
What are the 10 wider responsibilities of a PM?
- Provide project framework of activities
- Identify resources
- Negotiate with higher authorities
- Set milestones
- Recruit people
- Coordinate activities
- Keep clear vision and work on track
- Ensure team contributions
- Mediate conflicts
- Ensure project goals are delivered on time and on budget.
What does a team leader do/have?
Initiate
Model
Link between team and PM
Good listeners
Good coaches
Good team members
What skills do team members have?
Tech skills
Interpersonal skills
Communication
People fall into different categories: thinking/action/people
What capabilities does a PM need within a team?
Whatever is missing, they should adapt to that.
Why does the traditional organisation structure no longer work?
Products are becoming more COMPLEX, e.g. there might be 10 companies collaborating to make one product.
Products are coming to market very QUICKLY.
Products are becoming more CUSTOMISABLE (trad is too slow).
