Pgmp Flashcards
What is a Benefit?
The gains and assets realized by the organization and other stakeholders as the result of outcomes delivered by the program.
What is a Business Case?
A documented economic feasibility study used to establish the validity of the benefits to be delivered by a program.
What is a Component?
Related activities conducted to support a program.
What is a Constraint?
A factor that limits the options for managing a project, program, portfolio, or process.
What is Critical Thinking?
A process in which one applies observation, analysis, inference, context, reflective thinking, and the like, in order to reach judgments.
What are Enterprise Environmental Factors (EEFs)?
Conditions, not under the immediate control of the team, that influence, constrain, or direct the project, program, or portfolio.
What are Intangible (or Nontangible) Benefits?
Benefits that are intended for a program to produce but cannot be measured in units of money.
What is Life Cycle Management?
Managing all program activities related to program definition, program delivery, and program closure.
What is a Phase Gate?
A review at the end of a phase in which a decision is made to continue to the next phase, to continue with modification, or to end a project or program.
What is a Portfolio?
Projects, programs, subsidiary portfolios, and operations managed as a group to achieve objectives.
What is Portfolio Management?
The centralized management of one or more portfolios to achieve strategic objectives.
What is a Program?
Related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually.
What is a Project?
A temporary endeavor undertaken to create a unique product, service, or result.
What is the Benefits Analysis and Planning Phase?
Establishes the program benefits management plan and develops the benefits metrics and framework for monitoring and controlling benefits.
What is the Benefits Delivery Phase?
Ensures that the program delivers the expected benefits, as defined in the benefits management plan.
What is the Benefits Identification Phase?
Analyzes information about organizational and business strategies, internal and external influences, and program drivers to identify and quantify expected benefits.
What is Benefits Management?
Processes that clarify the program’s planned benefits and intended outcomes and include processes for monitoring the program’s ability to deliver against these benefits.
What is a Benefits Management Plan?
The documented explanation defining the processes for creating, optimizing, and sustaining the benefits provided by a project or program.
What is the Benefits Management Performance Domain?
Defines, creates, maximizes, and delivers the benefits provided by the program.
What is the Benefits Sustainment Phase?
Ongoing program maintenance activities beyond program completion to ensure continued benefit generation.
What is the Benefits Transition Phase?
Program activities that ensure benefits are transitioned to operational areas and can be sustained.
What is the Collaboration Performance Domain?
Creates and maintains synergy across stakeholders, both internal and external, to optimize benefits delivery and realization.
What is the Governance Framework Performance Domain?
Enables and performs program decision-making, establishes practices to support the program, and maintains program oversight.
What is a Customer Operating Organization?
The organization that receives or is willing to pay for the outputs, outcomes, and/or benefits delivered by the performing organization.