Project Management Techniques Reading Flashcards
How does PMBOK define a project?
A temporary endeavor undertaken to create a unique product
What are 8 distinctive features of a project?
A start to finish A lifecycle A budget Non-repetitive Limited resources Single point responsibility Fast tracking Team roles
How does PMPOK define project management?
The application of knowledge, skills, tools and techniques to project activities in order to meet stakeholder’s needs and expectations from a project
Of the 9 areas of knowledge that PMBOK defines, what are the 4 that make ‘deliverable’ ?
Scope
Time
Cost
Quality
Of teh 9 areas of knowledge that PMBOK defines, what are the 5 related to ‘means of achieving’ ?
Integration Human resources Communication Risk Procurement and contract
What 5 steps make the Project life cycle?
WBS (Work Breakdown Structure) CPM (Critical Path Method) Resource smoothing Earned value Configuration control
What does the Management by Project approach encourage?
Organisation flexibility
decentralized management responsibility
Holistic view of problems
Goal orientated problem solution processes
What are 7 generalised management needs beyond the 9 areas of knowledge?
recruiting and personnel economics computer systems legal contracts personnel and human resources sales and marketing accounting and salaries
What is production management and What did Henry Ford Discover about repetition of tasks?
repetition of tasks is the most efficient and cost effective way to work
What does the PMO have to do with program management?
The PMO subdivides the main goal into smaller groups
What is PMO’s responsibility with portfolio management?
Where the PMO is running a number of unrelated projects
What responsibility would a PM have to do with technical management?
The PM would have to display a range of technical skills which will overlap
What aspects of the project management environment effect a project?
stakeholders client organisation structure market requirements competitors new technology rules and regulation politics cultural, social and religious backgrounds economic cycle
What does PMP stand for?
Certification of project managers
Is a formal qualification in project management
What are the main benefits associated with a fully integrated project planning and control system?
Client - to provide information about what is required Single point responsibility Estimating CPM ( Critical Path Method ) Fast track Schedule-Gantt Chart Project Integration - Integrating all aspects of a project Reporting Interfaces - using the WBS (Work Breakdown Structure) and OBS (Oganisation Breakdown Structure) Responsive time Trends Procedures PMO
