Week 4 Flashcards

1
Q

Project Subdivision

A

Subdividing a project into number of phases to improve management of smaller chunks of work.

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2
Q

Mini Projects

A

Divided into four phases (feasibility, definition, execution and commissioning).
- As a mini project the phase can be managed using PM process (initiate, plan, execute and close)

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3
Q

Phases Deliverable

A

Each phase groups logically related work (activities and tasks) to produce distinctive deliverables that is clearly separate from the other deliverables.
- deliverable is the output that is produced in its duration

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4
Q

Phase Name

A

The phases are usually named after the deliverable or process.

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5
Q

Beneficial Grouping

A

the phases are usually a beneficial grouping of smaller work and similar skills

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6
Q

Phase Charter

A

Although the project charter is recognized as the key document to initiate a project, it might need to be supplemented at the phase level with a phase charter to initiate each phase and outline what the phase should achieve in essence, it considers each phase as a mini project.

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7
Q

Sequential

A

Usually performed, which means that if the phases are imposed on the project’s timeline as one phase is completed the next one starts.

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8
Q

Fast-Tracking

A

As in the case of sequential however, this is where the phases overlap i.e. one starting before the other complete

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9
Q

Budget

A

Subdividing into phases allows the PM to assign a budget per phase.

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10
Q

Go/No-Go Decision

A

Subdividing the project into phases creates a number of logical go/no-go decision point

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11
Q

Project Control

A

Subdividing the project’s scope of work into phases helps to focus the level of planning and control within each phase

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12
Q

Phase Gate

A

a review at the end of a phase in which a decision is made to continue to the next phase, to continue with modification, or to end a program or project

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13
Q

Phase Review

A

a mini project with a phase charter needs to be closed with a phase review which is essentially a project closeout report at the phase level

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14
Q

Feasibility Phase

A

Identify the need for a project. Initiate the project and carry out a feasibility study

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15
Q

Design and
Development Phase

A

Develop the project’s concept and produce detailed designs and specifications, and a detailed project management plan outlining how to make the project.

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16
Q

Execution Phase

A

Make the project, facility or product (goods or services) as per the design and project management plan.

17
Q

Commissioning and
Handover Phase

A

Confirm the project has been made to the design and plan. Confirm the project works within the intended configuration.
Handover the project to the client for operation.

18
Q

Level of effort

A

an indication of the amount of effort or work being performed to make the deliverables during each phase.
-commonly expressed as man hours or expenditure

19
Q

Payback period

A

the time is takes to recover the cost of making the project