Part 5: SC Flashcards

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1
Q

is the application of knowledge, skills, tools, and techniques to a broad range of activities to meet the requirements of a specific project

A

Project Management

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2
Q
  • Defines the project at a broad level.
  • Begins with a business case to assess feasibility.
  • Involves stakeholders’ due diligence to decide if the project is a “go.”
  • Results in a project charter or Project Initiation Document (PID).
A

Project Initiation

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3
Q
  • Focuses on developing a roadmap for the project.
  • Involves setting goals using methods like S.M.A.R.T. and C.L.E.A.R.
  • Defines the project scope, cost, quality, resources, and timetable.
  • Establishes baselines for performance measures.
  • Clearly defines roles and responsibilities.
  • Documents created: Scope Statement, Work Breakdown Schedule (WBS), Milestones, Gantt Chart, Communication Plan, Risk Management Plan.
A

Project Planning

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4
Q

S.M.A.R.T.

A

Specific, Measurable, Attainable, Realistic, Timely/ Timebound

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5
Q

C.L.E.A.R.

A

Collaborative, Limited, Emotional, Appreciable, Refinable

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6
Q

Documents Created During Planning

A
  • Scope Statement
  • Work Breakdown Schedule (WBS)
  • Milestones
  • Gantt Chart
  • Communication Plan
  • Risk Management Plan
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7
Q

Defines business needs, benefits, objectives, deliverables, and key milestones.

A

Scope Statement

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8
Q

Visual representation breaking down project scope.

A

Work Breakdown Schedule (WBS)

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9
Q

High-level goals in the Gantt chart.

A

Milestones

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10
Q

Visual timeline for task planning.

A

Gantt Chart

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11
Q

Important for projects involving external stakeholders.

A

Communication Plan

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12
Q

Identifies foreseeable risks.

A

Risk Management Plan

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13
Q
  • Resource plan assesses resources (labor, equipment, materials).
  • Includes types and quantities of resources, roles, responsibilities, and skill sets
A

Project Resources

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14
Q
  • Financial plan estimates money required for each project stage.
  • Quantifies labor, equipment, and materials costs.
  • Defines expense schedule for analyzing forecast versus actual spending.
A

Project Finances

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15
Q
  • Identifies task completion timelines and responsible parties.
  • Work Breakdown Structure (WBS) is essential for building a project schedule.
A

Project Schedule

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16
Q
  • Quality plan ensures stakeholders’ quality expectations are defined and achievable.
  • Defines quality in the project context, crucial for project success.
A

Project Quality

17
Q
  • Communication plan ensures stakeholders and team understand project progress.
  • Essential for project updates and plan changes.
  • Specifies how communication will be done within the team and with stakeholders.
A

Project Communications

18
Q
  • ____________ identifies project elements acquired from external suppliers.
  • Describes the product, goods, and services to be procured.
  • Justifies external procurement and provides a procurement schedule.
A

Project Procurement

19
Q
  • Putting the project plan into action.
  • Project manager coordinates and directs resources to meet project objectives.
A

Project Implementation

20
Q

Project Implementation Phases

A
  1. Putting the Plan into Action
  2. Monitoring and Controlling:
21
Q

Management Processes in Project Implementation

A

Acceptance Management
Change Management
Communication Management
Cost Management
Issue Management
Procurement Management
Quality Management
Risk Management
Time Management

22
Q

Records time spent on project tasks, ensuring completion on schedule.

A

Time Management

23
Q

Identifies, approves, records costs, ensuring approved expenses only.

A

Cost Management

24
Q

Assures and controls the quality of project outputs.

A

Quality Management

25
Q

Defines, evaluates, and approves changes to the project plan

A

Change Management

26
Q

Formally identifies, quantifies, and manages risks during the project.

A

Risk Management

27
Q

Manages issues affecting project deliverables.

A

Issue Management

28
Q

Sources products from external suppliers.

A

Procurement Management

29
Q

Presents outputs for review and sign-off.

A

Acceptance Management

30
Q

Identifies, creates, reviews, and sends formal communication within the project.

A

Communication Management

31
Q
  • Assesses whether the project is being implemented as planned.
  • Progress evaluation assesses progress by comparing current results with set targets
A

Formative Evaluation

32
Q

Confirm acceptance of project products and recognize achievement of project objectives.

A

Project Closure and Evaluation

33
Q
  • Project team disbandment.
  • Recognition of valuable team members.
  • “Post mortem” meeting to evaluate project successes and failures.
  • Create a project punch list of unfinished tasks.
  • Final project budget and report.
  • Collect and store all project documents and deliverables.
A

Post-Project Activities

34
Q
  • covers beneficiary impact, financial aspects, and reports.
  • involves output diffusion, decision-making on project continuation, identification of linkages, and follow-up proposals.
A

Project Evaluation

35
Q
  • Document reviewing project performance against objectives.

_________ must be completed before formal project closure.

A

Summative Evaluation

36
Q
  • Activating the plan.
  • Building deliverables.
  • Delegation, volunteerism, decision-making.
A

Putting the Plan into Action

37
Q
  • Time, cost, quality, risk, procurement, communication management.
  • Formative evaluation.
A

Monitoring and Controlling

38
Q

What are the Components of Project Closure?

A
  • Administrative Closure.
  • Post-Implementation Meeting.
  • Project Report.
  • Celebration.
39
Q

What are the 5 Phases of Project Management?

A

Project Initiation
Project Planning
Project Implementation
Project Performance/Monitoring
Project Closure