Project+ Extra 8 Flashcards
??? Business Need -> substantiates business reason for conducting the project. Project Contribution -> determines projects contribution toward the org,’s objectives. Stakeholders -> lists the stakeholders, their expectations, and contributions toward the project. Constraints -> compiles limitations of project. Strategic Risks -> lists risk that project may face and possible risk management measures. Benefits Evaluation : analyzes and outlines the key benefits to be obtained.
Business Case Components :
??? Project purpose -> clear description of reason for undertaking the project. Problem Statement -> description of problem or opportunity that the project must address. Project Authorization : list of individuals who are authorized to control and manage the project w/the respective authority statement. Scope Definition -> description of scope of work that project must include and what project will or will not include.
Project Charter Components #1 :
??? Project Description : high-level list of what need to be accomplished in order to achieve project objectives. Should also specify when specified objectives must be met. Project Deliverables. Project milestones and cost estimates. General Project Approach -> short description of project approach, which includes project deliverables, process stages, quality objectives, and project org.
Project Charter Components #2 :
??? Constraints and Assumptions -> description of constraints and assumptions that are made when initiating project, and their impact on scope, time, cost, and quality. Risks -> list of high-level risks involved in undertaking project. Project Stakeholders -> like of key project stakeholders. Related Documents -> list of references to documents used to make assumptions. Project Organizational structure. Issuing Authority -> name of sponsor and signature or formal acknowledgement of charter components.
Project Charter Components #3 :
??? document describes the products or services that project will supply, defines business need that its designed to meet, and specifies the work that will done during the project. SOW can be internal/external. Internal SOW is supplied by project sponsor in response to organizational need. External SOW supplied to potential client during procurement process and could be included for RFP or part of contract.
SOW
Business Need : Market Demand, Technological Advance, Legal Requirement, Govt. regulation, environmental consideration.
High-Level scope definition : characteristics of product, service or result, and also includes any high-level project risks that are known at this time.
Strategic Plan : org.’s strategic vision, Goals and objectives and possibly high-level mission statement.
Project SOW describes products, services, or results that project will deliver which contains :
??? methods to plan, track, and report requirement activities. Configuration management related activities. Processes for requirements prioritization. Formats and guidelines on developing a traceability matrix for requirements.
Requirements Management plan Components :
??? document that describes the steps to analyze and determine areas of improvements in creating project deliverables. Including -> process boundaries, process configuration, process metrics, and targets for improved performance.
Process Improvement Plan :
??? document that provides guidance on how human resources required for a project should be defined, staffed, managed controlled, and eventually release after project is completed. Includes -> developing cost estimates like project staffing attributes, personnel rates, and related rewards and recognitions. Illustrates projects organizational structure and includes staffing management plan that describes project management teams approach to managing increase/decrease of project staff across project life cycle.
Human Resources Plan :
??? methodology, approaches and tools used. Roles and responsibilities of those involved. Budgeting and scheduling for risk management activities. Risk categories.
Risk Management Plan :
