Project Management Framework Flashcards
Define a Project
a temporary endeavor undertaken to create a unique product, service, or result.
must have beginning and end.
typically yield: product, capability to perform a service, or result.
Define Project Management
the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
includes, but is not limited to: identifying requirements, communication, managing stakeholders, balancing project constraints.
Define Program
a group of related projects, managed in a coordinated way to obtain benefits (and control) not available managing them individually.
What are the 5 Project Management Process Groups?
Initiation
Planning
Executing
Monitoring and Controlling
Closing
What is the purpose of a Project?
they drive change in an organization by moving it from one state (current state) to another (the future/desired state) in order to achieve a specific objective or set of objectives.
Project/Program Management vs Portfolio Management
focuses on doing programs and projects the “right” way.
focuses on doing the “right” programs and projects.
What are the benefits of standardizing Project Management within an org (usually thru PMO)?
common language
common processes
singular methodology and training
benchmarking
continuous improvement
Define Portfolio Management
provides or facilitates the following in an organization:
selection and prioritization guidelines or criteria of projects or programs.
resource management.
process, productivity, through consistent capturing and review of lessons learned and trend analysis.
What are some examples of Governance Criteria?
what is the financial benefit of the project? ROI?
market need.
market competition.
market future positioning.
operations and maintenance costs.
regulation.
Define the Project Life Cycle and name its 4 major categories.
provides the basic sequence of work for the project.
4 categories:
predictive (plan-driven)
iterative
incremental
adaptive (change driven or agile)
When is a Predictive Life Cycle appropriate to use?
when the project needs are clearly defined and well understood at the start.
What are the steps for a Predictive (plan-driven) Life Cycle?
Requirements
Feasibility
Planning
Design
Construct
Test
Turnover
If a project can be delivered in segments, which is the most appropriate life cycle to use?
iterative & incremental
When a significant level of change is expected during the project, which is the most appropriate life cycle to use?
adaptive (agile)
Define Progressive Elaboration
the iterative process of increasing the level of detail in a project management plan as greater amounts of info and more accurate estimates become available.
also called Rolling Wave Planning
Define Initiating
processes are used at the start of a project or life-cycle phase.
Define Planning
processes are used to further elaborate the info in the initiating processes; help insure project will achieve the project’s objectives.
Define Executing
processes are used to complete the project work.
Define Monitoring & Controlling
processes compare the planned work to the accomplished work to determine if corrective or preventative action is required. used to ensure the project is performing as planned and any change is managed appropriately.
What are the 10 Project Management Knowledge Areas?
integration
scope
schedule
cost
quality
resources
communications
risk
procurement
stakeholder
Define Project Integration Management
the knowledge area that instructs us to consider all of the other knowledge areas and the interrelationships around them.
How many process models are there?
49
Which process group has the highest number of processes within that group?
planning
What is included in a process model?
inputs
tools & techniques
outputs
What are some Project Management skills?
active listening
brainstorming
conflict resolution
cultural sensitivity
data gathering
decision making
facilitation
info management
leadership
negotiation
communication
presentation skills
prioritization
problem solving
relationship management
stakeholder impact analysis
team motivation
