MIDTERM Flashcards
Definition of a Project
- a temporary endeavor undertaken to create a unique product, service, or result
- has a definite beginning and end
- ends when the project objectives are achieved (or terminated due to not achieving the project)
What is project management?
the discipline of planning, organizing, securing, managing, leading, and controlling resources to achieve specific goals
How many PMBOK processes
49
How many knowledge areas
10
How many process groups
5
What are the 5 process groups
Initiating
Planning
Executing
Monitoring and Controlling
Closing
What are the knowledge areas
Integration
Scope
Time
Cost
Quality
Resources
Communications
Risk
Procurement
Stakeholder
ITTO
Inputs
Tools and Techniques
Outputs
SOW
Statement of Work
What is a SOW
a narrative description of the work to be completed if/when the project is launched
a document that is reviewed and approved before launching a formal project
SOW
Who creates the SOW (from PPT)
senior manager or project sponsor
a document where the initial ideas for a project are put on paper
SOW
What are included in the SOW
- Strategic Plan
- Business need
- Description of the product or service(scope description)
Also include: - funding constraints
- high level schedule
- deliverables
- acceptance criteria
It shows how the project supports the overall organization
Strategic Plan
What is a Project Charter
- a document that formally authorizes a project (or phase)
- establishes a partnership between the performing organization and the requesting organization
- formally initiates the project
- assigns a project manager (who is typically involved in creating the Charter
What is the project life cycle
starts the project
organizes project
closes the project
What are included in the Statement of Work
Business Need
High level schedule
funding constraints
What is not included in the Statement of Work
WBS
Project management has ____ processes organized into ____ knowledge areas and ____process groups
49, 10, 5
Statements about project life cycle
- phases are segmented into logical subsets
- as each phase closes, a decision is needed
- milestones dictate when phases close
the output for develop project charter
project charter and assumption log
who is the requesting organization
client (may be internal or external)
inputs for developing a project charter
business documents
agreements
enterprise environmental factors
organizational process assets
what business documents are needed to create a project charter
business case
benefits management plan
business case may include:
business justification for the project
feasibility analysis
needs assessment
situation analysis
cost-benefit analysis
What are considered as business needs
market demand
organizational need
customer request
technological advance?
legal requirement
what is a benefits management plan
a plan that shows how and when the project benefits (outcomes of value to stakeholders) will be delivered
examples of agreements
Memorandums of Understanding
letters of intent
What are included in the Organizational Process Assets
- organizational processes and procedures for conducting project work (ex. templates, policies, procedures)
- organizational knowledge stored in databases and historical files (ex. past project files, cost databases)
What are Enterprise Environmental Factors
conditions that constrain or influence the project success such as organizational structure, market conditions, industry characteristics/environment, political climate, project management software or information system, government/industry standards or requirements
What are the tools and techniques in creating a project charter
- expert judgment
- data gathering
- interpersonal and team skills
- meetings
what are the data gathering techniques to create a project charter
brainstorming
focus groups
interviews
what interpersonal and team skills are needed to develop a project charter
conflict management
facilitation
meeting management
what is an assumption log
a document which the project manager and team use to capture, document, and track assumptions throughout the project’s lifecycle
Also known as traditional or predictive projects
waterfall projects
characteristics of waterfall projects
- generally sequential
- project activities are planned at the start and executed as the project progresses
Also known as adaptive or iterative projects
agile projects
It uses a different methodology, with successive planning/execution cycles
agile
project management methodology used in Europe
PRINCE2
triple constraints
scope, cost, schedule
a formal, approved document that defines how the project is executed, monitored, and controlled
Project Management Plan
Inputs for developing Project Management Plan
project charter
outputs from other processes
enterprise environmental factors
organizational process assets
Tools and Techniques used to create Project Management Plan
expert judgment
data gathering
interpersonal and team skills
meetings
Data gathering techniques used to create Project management Plan
brainstorming
checklists
focus groups
interviews
Types of components that can be seen in a project management plan
scope management plan
cost management plan
change management plan
risk management plan
procurement management plan
quality management plan
lifecycle descriptions
baselines
It tells you what it is you are creating or building, what it is you are trying to accomplish
Scope (of a project)
the set of project management processes concerned with the determining and managing WHAT IS and WHAT IS NOT included in the project and product
Scope Management
6 processes related to scope management
- plan scope management
- collect requirements
- define scope
- create WBS
- validate scope
- control scope
a process which shows how the scope is going to be managed for the project
plan scope management
the process of defining and documenting stakeholder needs, to meet the project objective
collect requirements
- a process that produces a “Scope Statement”, which is the master blueprint for the project and product
- develop a detailed description of the project or product
Define scope
the process of producing a detailed breakdown of work elements of the project
Create Work Breakdown Structure (WBS)
the process of obtaining the approval for the client for the deliverables that are produced
Validate Scope
the process of comparing the actual results to planned results
Control Scope
Outputs for Plan Scope Management
- scope management plan
- requirements management plan
describes how the scope will be defined, developed, monitored, controlled, and verified
Scope Management Plan
Scope Management Plan includes:
- how the detailed scope statement be prepared
- How will the WBS be prepared
- how the deliverables be accepted
- how changes to scope be handled