Project Management Priniciples Flashcards
What values is PMI based on?
Responsibility
Fairness
Respect
Honesty
What is Stewardship?
The act of taking care of or managing something.
What are the core tenants of a steward?
Integrity
Care
Trustworthy
Compliant
Who completes projects?
Project Teams`
What are Project Teams affected by?
Team Agreements (Set of Behavioral Parameters)
Organizational Structures
Processes
What is Authority
The right to make decisions, improve processes, increase budget, add resources, or give approvals
What is Accountability?
Being answerable for an outcome
What is Responsibility?
The obligation to do or fulfill something.
*Note: Responsibility can be shared
What is the ultimate indicator of project success?
Value
What does a Business Case consist of?
Business Need
Project Justification
Business Strategy
What is Quality?
Meeting the acceptance criteria for deliverables
What makes up complexity?
Human Behavior
System Behavior
Uncertainty and Ambiguity
Technological Innovation
What is a risk?
Uncertain event or condition - and can be either a positive (opportunity) or negative (threat)
