Terms of Integration Flashcards
Assumption Log
Documents assumptions and constraints, typically flows from business case, evolves throughout project life cycle. Assumptions are: factors considered to be true real or certain.
T-Based Skillsets
Broad - ability to work outside core discipline;
Deep – functional area, discipline or specialty
Net Present Value NPV
The sum of the present values of the future cash inflows MINUS the project investment. NOTE: the present values are calculated by using the COF.
5 techniques for resolving conflict – situational
withdraw/avoid - retreats from or postpones the issues; does not resolve the conflict
Smooth/accommodate - temporary, emphasizes agreement but does not resolve the conflict
Compromise/reconcile (lose/lose) - resolves conflict by seeking quick resolution but requiring each side to ‘give up’ something; may not completely resolve the conflict.
5 techniques for resolving conflict – situational
withdraw/avoid - retreats from or postpones the issues; does not resolve the conflict
Smooth/accommodate - temporary, emphasizes agreement but does not resolve the conflict
Compromise/reconcile (lose/lose) - resolves conflict by seeking quick resolution but requiring each side to ‘give up’ something; may not completely resolve the conflict.
Force/direct (win/lose) - exerting one’s viewpoint
Problem solve/collaborate (win/win) - addresses the conflict directly to gain commitment (also known as ‘confrontational’)
Issue log
Gets created on Direct and Manage project work