Project Management Framework: Test Flashcards
Responsible for technical execution and may also be involved in project management activities
Project team
Category of projects that share common and specific characteristics
Application area
Collection of phases that the project must go through from its beginning to its closing
Project life cycle
Group of projects or programs coordinated to implement the business strategy
Portfolio
Manager responsible for the work of a business function, business line, or organization unit
Functional manager or line manager
Manager who provides the financial resources, promotes the project, and plays a significant role on the project charter development
Sponsor
Matrix organization where the authority is evenly shared between functional manager and project manager
Balanced matrix organization
Members of the project team directly involved in project management work
Project management team
Multidimensional organization that combines the functions’ vertical lines with the project’s horizontal lines to better adapt to the project’s challenges
Matrix organization
Organization structured around and oriented toward projects: authority over each project is exclusively assigned to a project manager who has full control over the budget, schedule, resources, and work assignments
Projectized organization
Organization where the staff is grouped hierarchically by functions: authority of the functional managers over the project is clear, with each employee having only one clear boss
Functional organization, hierarchical or vertical
Organizational unit responsible for project management across the organization
Project management office
Person or group who receives the project’s product, using it to create value for the organization
Customer
Person or group who can be positively or negatively impacted by the project
Stakeholder
Process of providing greater levels of planning detail as the project moves toward completion and as more and better information becomes available
Progressive elaboration
Set of related projects and operations that when managed in a coordinated way address a common business objective
Program
Temporary initiative carried out with the aim of producing a unique product
Project