Project Management Framework Flashcards
What undermines an organization’s ability to sustain a competitive position?
Inability to translate plans into projects that are managed effectively
What does a project management framework help us understand?
- Define, organize and execute project work.
- Decide what is important and what is not.
- Define when and where to start.
- Adhere to a schedule.
- Stay within budget.
- Communicate with stakeholders and deliver value.
What are the 2 ends of the spectrum of project framework approaches?
Predictive to Adaptive
What is the definition of a predictive project approach?
Goal and the steps necessary to reach the goal are known.
What is another name for the waterfall approach?
Traditional
What are the 5 phases of a waterfall/traditional project management approach?
Initiate Planning Executing Monitoring and Controlling Closing
Assumption of Certainty or assuming all items are known is associated with what project approach.
Waterfall/Traditional
When is the Adaptive Project Approach most suitable to use?
When the goal of the project is known but there is less clarity on the steps necessary to reach the goal.
What are some of the ways that Agile is implemented?
Adaptive PMLC Model Framework
APF
What is scrum?
Comes from Scrummage in Rugby
Team works as a unit, adjusting to the challenges, passing to others until their goal is achieved. The team responds to uncertainty by being adaptive
Scrum is suited for responding to realistic challenges by supporting what in a project?
- Way of organizing work
- Allows for quick delivery of outcomes
- Incorporates the voice of the customer
- Facilitates problem resolution
- Handles complexity
- Provides a means to address uncertainty.
What is the focus of Lean Six Sigma framework?
Narrower focus than agile by focusing on improving efficiency and quality.
Lean Six Sigma is also called DMAIC. Why?
Define Measure Analyze Improved Process Control System Established
