Project Management Flashcards
What is the global standard for project management?
ISO 21500
What are the four periods of a project group from the beginning?
1) Forming
2) Storming
3) Norming
4) Performing
What are the questions the process management tries to answer?
• What business situation is being addressed by this project?
• What do you need to do?
• What will you do?
• How will you do?
• How will you check the work is done ?
• How well?
What is the definition of project management?
Project management is an organized common sense approach that utilizes the appropriate sponsor involvement in order to deliver client requirements that means expected incremental business value.
What are the four creep to manage?
• Scope creep
• Hope creep
• Effort creep
• Feature Creep
Define a requirement
requirement describes what a solution must do but not how it must do it. So the requirement is solution independent. Even if a solution is not known, the requirements of that solution can be established. That is criti- cal to complex projects because we may know the requirements but not how to achieve them.
Other def:
It’s a condition or capability needed by a stakeholder to solve a problem or achieve an objective
A condition or capability that must be met or possessed by a solution component to satisfy a contract, standard, specification or other.
(A documented representation of a condition or capability)
Define business value definition of requirements
A requirement is a desired end-state whose successful integration into the solution meets on or more needs and delivers:
Ø specific
Ø measurable
Øincremental business value
to the organization.
The set of requirements forms a necessary and sufficient set for achieving expected business value.
Define a project
A project is a sequence of unique, complex, and connected activities having one goal or purpose and that must be completed by a specific time, within budget, and according to specification.
What is the business-focused definition of a project?
A project is a sequence of finite dependent activities whose successful completion results in the delivery of the expected business value that validated doing the project.
How is define the project landscape?
Clear/Not clear solution and goal.
4 quadrants
What is a program ?
A collection of related projects.
What is a portfolio?
A collection of project sharing some links between each other:
Same business unit
R&D project
New product development…
What are the 3 sides of the scope triangle ?
What is in the center?
Time
Cost
Resource availability
Scope and quality at the center
It should be balanced
What is the prioritizing scope triangle?
It’s a table with the 5 variables of the scope triangle ranked between 1 and 5 in function of the criticality
When the scope triangle can be used?
Build a problem
Scope change impact analysis
What are the characteristics of a project used for their classification?
Risk
Business value
Duration
Complexity
Technology used
Number of department affected
Cost
In function of these characteristics, the projects are classified in classes from A (hard) to D (easy)
What is the contemporary project environment?
High speed
High change
Lower cost
Increasing levels of complexity
More uncertainty
What is the project management life cycle basic model?
The linear model
What are the different type of project and their project management life cycle (PMLC) models?
Goal not-clear
MPx: Emertxe (extreme model)
xPM: Extreme
Goal clear
TPM: linear, incremental
APM: iterative, Adaptative
What mean TPM?
Traditional project management
Goal and solution are clearly defined
What is a linear PMLC
No loops
Scope>Plan>Launch>Monitor & Control>close
What is an incremental PMLC?
Incremental loop between launch and close the project
What mean APM?
Agile project management
Solution not clear but goal clear
Describe the iterative PMLC model
On iterative loop between plan and close the project
Adaptative is the same but with “cycle” instead of “iteration”