Project Management Foundations Flashcards
1
Q
Business value
A
Describes the benefits for the organization stakeholders or customers for the project.
Organizations for projects because they enable business value
2
Q
What is a project ?
A
A project is unique product or service being delivered that’s is temporary. It has a start and a end
3
Q
Organizational Process Assest (OPA)
A
Benefits or things created by your organization to aide you
Ex . Software, historical data etching
4
Q
Tangible business value
A
Easy to see ( new equipment, hardware,money,market share, stakeholders earn equality )
5
Q
Intangible business value
A
Is for good will, reputation in the community, brand recognition, public benefit, non profit
6
Q
Business case
A
Business case describes why we want to do the project, what’s the invest
