Project Management Basics Flashcards
What is the definition of a project?
• A temporary organisation created for the purpose of delivering one or more business products according to an agreed Business Case
What are the characteristics of a project?
• CHANGE (impr product, improve methods of work, avoid consequence like new leg)
• TEMPORARY
• CROSS-FUNCTIONAL (Different people with different skills & levels)
• UNIQUE (eg. New client, new product or processes)
• UNCERTAINTY/RISK
What are the differences between a Project and Business as Usual (BAU)
Project: Temporary, a new team is created, an element of difficulty & uncertainty. Prince2 & Prince2 Agile is is for projects only
BAU: Ongoing, Stable team, Routine & a degree of certainty
What are the 5 Bruce Tuckman team roles?
• Forming
• Storming
• Norming
• Performing
• Adjourning
What is the definition of Project Management?
“The process of planning and executing a piece of work from inception to completion to achieve safe achievement of objectives on time, within cost limitations and to the specified standards of quality”
Outline the reasons why projects fail?
• Lack of co-ordination of resources & activities
• “ of communication (especially with customer)
• Poor time & cost estimations
• Insufficient measurables (eg. progress checks)
• Inadequate planning of resources
• Lack of control over progress
• “ quality control
• Loss of momentum (eg. communication delays)
List the six project Tolerances?
• Time
• Cost
• Quality
• Scope
• Benefits
• Risk
What are the two levels of project management?
• Project Level ( Project Board)
• Stage Level (Project Manager)
Describe the responsibilities of the Project Board and Project Manager.
Project Board: Managing some/all of the Project level tolerances (time, cost, quality, scope, benefits and risk) and is accountable for the Project
Project Manager: Managing the project at stage level, one stage at a time and reporting to the board at the end of each stage.
How is the required work within a stage created?
• Via work packages managed by team leader/s
• Before stage, a discussion between Team manager and Project Manager to formulate a stage plan beforehand.
Summarise how a project is controlled within Project Management.
• Project Board - Ensures Project is within Project level tolerances
• Project Manager - Submits stage plan to board & ensures compliance to objects
• Team Manager - Make sure each work package is completed with work package tolerance
Outline the different people/groups within a project
- Delivery Team SMEs (Do the work)
- Project Manager (Manage the work)
- Project Support ( Help the PM)
- Project Board (Governance/oversight)
- Project Assurance (Check expectations are being met for PB)
What makes up the Project Board?
- Senior Executive
- Senior Supplier
- Senior User
(Project Assurance checks expectations are being met by audits)
Summarise the Project Methodology/life cycle of projects
- Places activities in order so that the right thing is done at the right time
- Prince2 projects must have a start, middle & an end
What is the Project Product Description?
• AKA PPD
• Description of the product to be handed over at the end