Project Flashcards
Project
a temporary endeavor undertaken to create a unique product, service, or result
Project Attributes
unique purpose, temporary, drives change and enables value creation (reach objective/cause change), developed using progressive elaboration or in an iterative fashion (broad to specific), requires resources from various areas
Project constraints
triple: scope (what work will be done/product), schedule, cost,
quadruple: scope, schedule, cost, quality
six: scope, schedule, cost, quality, risk, resources
Project management
the application of knowledge, skill, tools, and techniques to project activities to meet the project requirements.
Stakeholders
people involved or affected by the project (project sponsors, project team, support staff, customers, users, suppliers, opponents )
project sponsors
people paying
project manager
works with all stakeholders
Project team
people doing the work
support staff
administrative assistants, help w scheduling
suppliers
exact detail on what items they need to provide
opponents
people who don’t want construction project to move forward
project management process groups
initiating, planning, executing, monitoring, controlling, closing activities
Project management knowledge areas
knowledge in 10 areas: integration management, scope management, schedule, quality, resource, communications, risk, procurement, stakeholder
knowledge areas : integration
overarching function that coordinates the work of all other knowledge areas, affects all knowledge areas
knowledge areas : scope
working w stakeholders to define, gain written agreement, and manage all work required to complete the project
knowledge areas : schedule
estimating how long it will take to complete the project, develop schedule w cost effective use of resources
knowledge areas : cost
managing the budget
knowledge areas : quality
will satisfy the needs
knowledge areas : resources
make effective use of ppl and physical resources needed
knowledge areas : communications
generating, collecting, disseminating, and storing project info.
knowledge areas : risk
identifying, analyzing, and responding to risks
knowledge areas : procurement
acquiring goods and services from outside the performing organization
knowledge areas : stakeholder
identifying stakeholders, understanding their needs and expectations
Project management tools and techniques
assist PM and team to carry out work in all 10 areas of knowledge
data gathering
benchmarking, brainstorming, check sheets, checklists, focus groups, market research, surveys, statistical sampling
data analysis
assessment of other risk analysis: cost benefit, decision tree….
data representation
diagrams, flow charts, hierarchical charts
decision making
multi-criteria decision analysis and voting
interpersonal and team skills
active listening, conflict management, leadership
ungrouped
advertising, agile release planning,
program
a group of related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually
program manager
leadership and direction for project managers heading projects withing the program
portfolio
projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives
organizational project management
framework in which portfolio, program, and project management are integrated with organizational enables in order to achieve strategic objectives
laissez- faire
“let go”, this hands off approach lets teams determine their own goals and how toe achieve them
transactional
this management by exception approach focuses on achieving goals or compliance by offering team members appropriate rewards and punishments
servant leader
focus on relationships and community first and leadership secondary
charismatic
inspire through enthusiasm and confidence
interactional
combination of transactional, transformational and charismatic
