Project Life Cycle

Question 1

Composite Structure

Answer 1

Org structure that uses blends of functional, matrix and projectiles structures to operate and manage projects.

Question 2

Cultural Norm

Answer 2

Accepted practices, culture, ideas, vision and nature of organization

Question 3

Dedicated project team

Answer 3

Full time project team for duration of project

Question 4

Enterprise Environmental Factors

Answer 4

Create boundaries for project manager. May help or hinder ability to navigate project. Include rules, regulations, industry standards and organizational procedures obliged to follow.

Question 5

Fast Tracking

Answer 5

Schedule compression technique that allows phases to overlap to finish faster. Increases project risk.

Question 6

Functional Manager

Answer 6

Managers of permanent staff in each department such as sales, financed and technology.

Question 7

Functional Organization

Answer 7

Entities that have clear division regarding business United and associated responsibilities. PM’s in functional structure have little power and report to functional manager. Groups by their expertise.

Question 8

Iterative relationships of phases

Answer 8

Ideal for projects such as research. The next phase not planned until current phase under way. Direction can change based on current work.

Question 9

Iterative and incremental life cycles

Answer 9

Scope defined early in project, but costs and schedule are iteratively developed. Project moves through iterations of processes to definite product, time and cost.

Question 10

Kill Point

Answer 10

Opportunities to halt project based on performance in previous phase. Typically Coke at end of project phase and also known as phase gates.

Question 11

Matrix structure

Answer 11

Org that groups staff by function but openly shares resources in project teams throughout organization. PM’s in matrix structure share power with Functional Manager. Three types-weak, balanced, strong-describe authority of PM.

Question 12

Operations Management

Answer 12

Deal directly with income-generating products and services company provides. Projects often affect core business, therefore managers are stakeholders in project

Question 13

Organizational Process Assets

Answer 13

Resources that have been created to help PM manage project better.

EX: historical information, forms, project approaches, defined procedures and templates.

Question 14

Overlapping relationship of phases

Answer 14

Allows project phases to overlap to compress duration. Also called fast tracking.

Question 15

Part-Time Project Team

Answer 15

Works in project for a % of scheduled time. Project team may work on core operations or other projects in addition to current project.

Question 16

Partnership project team

Answer 16

Through teaming agreements or alliances, project team my be formed from many different Otha for duration of project.

Question 17

Predictive Life Cycles

Answer 17

Project scope, budget, schedule are defined early in project. The predefined phases focus on specific work so team participation may fluctuate from phase to phase. Also known as waterfall or plan-drive project.

Question 18

Portfolio Management Review Board

Answer 18

Collection of organizational decision makers, usually executives, who will review proposed projects and programs for value and return on investment.

Question 19

Product life Cycle

Answer 19

Unique life, duration and support of the thing a project creates. Separate from project life cycle.

Question 20

Program manager

Answer 20

Coordinates the efforts of multiple projects working together in the program. Programs comprise programs, so it makes sense that program manager would be a stakeholder in each of the projects within the program.

Question 21

Project Customer/End User

Answer 21

Person or group who will use the deliverable. Some projects may have many different customers.

Question 22

Project Governance

Answer 22

Defined the rules for a project; its up to the Project Manager to enforce the project governance to ensue the project’s ability to reach its objectives. The project management plan defined the project governance and how the project manager, project team, and organization will follow rules and policies within project.

Question 23

Project life cycle

Answer 23

Unique to each project g and made up of phases of work. Project life cycles create a milestone and allow subsequent phases to begin.

Question 24

Project Management Office (PMO)

Answer 24

Stakeholder in project, because it supports the project managers and is responsible for stress. PMO’s typically provide administration support, training for PM’s, resource management for project team and project staffing, and centralized communication.

Question 25

Project management Tean

Answer 25

People on the project team who are involved with managing the project.

Question 26

Project Manager

Answer 26

Person accountable for managing project and guiding team through the project phases to completion.

Question 27

Project Sponsor

Answer 27

Person or group autoroutes project and ensues PM has necessary resources, including money, to get the work fine. Sponsor is within the performing organization and has the power to authorize and sanction the project with and who is ultimately accountable for project success.

Question 28

Project Stakeholders

Answer 28

Individuals and groups that may influence the project and/or may be influenced by the project.

Ex: project manager, project sponsor, project team, customers, users, vendors, and community within which the project operates.

Question 29

Project Team

Answer 29

Collection of individuals who will work together to ensue the success of project. The project manager works with the project team to guide, schedule and oversee the project. The project team completes the project work.

Question 30

Projectized Structure

Answer 30

Grouping employee, collocated or not, by activities on a particular project. The project manager in a projectiles structure may have compete, or very close to complete, power over the project team.

Question 31

Sellers and Business Partners

Answer 31

Vendors, contractors, and business partners that help projects achieve their objectives. These business partners can affect success and are considered stakeholders in project

Question 32

Sequential Relationship of Phases

Answer 32

Each phase of a project relies on the completion of the previous phase before it can begin.

Question 33

Virtual Project Team

Answer 33

Project team is not located in one geographical space but communicates and works through web-based collaboration software.

Question 34

Adaptive Life Cycles

Answer 34

Life cycles anticipate frequent changes of project scope, schedule and costs. Stakeholder involvement is high and project develops quickly and future phases are based on defined requirements and results of preceding phases.