Term
What is the definition of a project? |
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Definition
Temporary, Creates a unique product, service or result |
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Term
What is operational work? |
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Definition
Ongoing work to support the business and systems of the organization |
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Term
What is the definition of a program? What is the definition of a portfolio? |
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Definition
Program: A group of interrelated projects, managed n a coordinated way
Portfolio: A group of programs, individual projects and related operational work to achieve a specific strategic business goal |
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Term
What is organizational project management (OPM)?
What are its benefits? |
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Definition
A framework for keeping the organization focused on its overall strategy
Provides direction for how portfolios, programs, projects, and other organizational work should be prioritized, managed, executed and measured to best achieve the firms strategic goals |
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Term
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Definition
A PMI model design to help organizations determine their levels of maturity in project management |
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Term
What is a project management office (PMO)?
What are three possible formats for a PMO? |
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Definition
A department that centralizes and standardizes the management of projects
Supportive Controlling Directive |
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Term
What are project constraints? |
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Definition
Time Cost Risk Scope Quality Resources Customer satisfaction Constraints are used to help evaluate competing demands |
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Term
Who are projects stakeholders? |
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Definition
Anyone whose interested maybe positively or negatively impacted by the project, including: Project manger Customer Sponsor Performing organizations Other departments or groups within the organization Team members Team members functional or operational managers Sellers Funding sources End uses PMO |
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Term
What are three primary forms of organizational structure? |
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Definition
Functional Projectized Matrix |
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Term
What is a functional organization? |
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Definition
The organization is grouped by areas of specialization (e.g., accounting, marketing) |
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Term
What is a projectized organization? |
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Definition
The organization is grouped by project The team has no department to go to at project end The project manager has total control of resources |
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Term
What is a matrix organization? |
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Definition
A blend of functional and projectized organization where the team members have two bosses (the project manager and the functional manger) |
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Term
What is a strong matrix organization? |
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Definition
A matrix organization where the balance of power rest with the functional manager instead of the functional manager |
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Term
What is a weak matrix organization? What role might the project manager play in a weak matrix? |
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Definition
A matrix organization where the balance of power rets with the functional manager instead of the project manager A project expediter or project coordinator |
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Term
What is a balanced matrix organization? |
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Definition
A matrix organization where power is equally balanced between the project manager and the functional manger |
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Term
What is a project based organization? |
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Definition
A temporary framework for projects created to circumvent any obstacles inherent in the organizations existing structure (whether functional, projectized, or matrix) |
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Term
What are enterprise environmental factors? When are they used? |
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Definition
The organizations’ culture and existing systems that the project will have to deal with or can make use of They are used throughout the project management process |
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Term
What are organizations process assets? When are they used? |
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Definition
Company process and procedures Historical information Lessons learned They are used throughout the project management process |
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Term
What is historical information? |
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Definition
Records of past projects, including lessons learned, used to plan and manage future projects Records of the current project that will become part of the organizational process assets |
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Term
What is a project management information system? |
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Definition
The automated system to submit and track changes and monitor and control project activities |
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Term
What do lessons learned describe? How are lessons learned used? |
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Definition
What went right, what went wrong, and what would be done differently if the project could be redone Used in planning the project Used by others projects in the future |
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Term
What is work performance data? |
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Definition
Measurements and details about activities gathered during project work (executing) |
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Term
What is work performance information? |
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Definition
Work performance data analyzed to make sure it conforms to the project management plan and to assess what it means for the project as a whole |
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Term
What are work performance reports? |
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Definition
Work performance information organized into reports that are distributed to the stakeholders |
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Term
What is a product life cycle? |
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Definition
The cycle of a products life from conception to withdrawal from the marketplace |
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Term
What is a project life cycle? |
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Definition
What you need to do to complete the work (produce the deliverables of the project) It varies by type of product, industry, and the organizations preference |
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Term
Describe a plan-driven project |
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Definition
Has a predictive life cycle in which scope, schedule, and cost are determined in detail early in life of a project, before the work begins to produce the project deliverables |
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Term
Describe a change-driven project. |
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Definition
Uses iterative incremental or adaptive (agile) life cycles Has varying levels of early planning for scope, schedule and cost |
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