Module 1 Flashcards
A project is: _____________
a temporary endeavor undertaken to create a unique product, service, or result
Name the 3 main + 3 other project constraints
cost, schedule, scope
quality, risk, resources (human and other)
Project Management is: the ______, ________, and ______ required to ____________
skills, tools, and management processes…….
to undertake the project successfully
Name the 5 process groups
initiating, planning, executing, monitoring / controlling, closing
Name the 10 knowledge areas
integration, communications, scope, schedule, cost, quality, resource, risk, procurement, stakeholder (optional others: health and safety)
A program is a group of projects managed together to ______
gain benefits and control not available from managing them individually
A portfolio is a group of subsidiary programs, projects and operations managed together to _______
achieve strategic objectives
What is the different between a project, program and portfolio?
Program and project management focus on doing programs and projects the “right” way.
Portfolio management focuses on doing the “right” programs and projects.
What is EEF? Give examples
Enterprise Environmental Factor
What is OPA? Give examples
Organizational Process Assets
When would a project end?
When objective is reached, or if project is terminated
How is a project different from operations?
Unique
definite beginning and end
involves some uncertainty
What si the PMI talent triangle?
technical PM skills
strategic business mgmt skills
leadership / soft skills
What are the 4 values in the PMI code of ethics?
Responsibility - ownership of decisions
Respect - treatment of people and resources
Fairness - objective and impartial decisions
Honesty - no deception or dishonest behaviour
