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PMP Chpt 02 Project Management Framework
Pmbok 5th edition
28
Other
Professional
07/29/2013

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Term
What is the definition of a project?
Definition
Temporary, Creates a unique product, service or result
Term
What is operational work?
Definition
Ongoing work to support the business and systems of the organization
Term
What is the definition of a program?
What is the definition of a portfolio?
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
Term
What is organizational
project management (OPM)?

What are its benefits?
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
Term
What is OPM3?
Definition
A PMI model design to help organizations determine their levels of maturity in project management
Term
What is a project management office (PMO)?

What are three possible formats for a PMO?
Definition
A department that centralizes and standardizes the management of projects

Supportive
Controlling
Directive
Term
What are project constraints?
Definition
Time
Cost
Risk
Scope
Quality
Resources
Customer satisfaction
Constraints are used to help evaluate competing demands
Term
Who are projects stakeholders?
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
Term
What are three primary forms of organizational structure?
Definition
Functional
Projectized
Matrix
Term
What is a functional organization?
Definition
The organization is grouped by areas of specialization (e.g., accounting, marketing)
Term
What is a projectized organization?
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
Term
What is a matrix organization?
Definition
A blend of functional and projectized organization where the team members have two bosses (the project manager and the functional manger)
Term
What is a strong matrix organization?
Definition
A matrix organization where the balance of power rest with the functional manager instead of the functional manager
Term
What is a weak matrix organization?
What role might the project manager play in a weak matrix?
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
Term
What is a balanced matrix organization?
Definition
A matrix organization where power is equally balanced between the project manager and the functional manger
Term
What is a project based organization?
Definition
A temporary framework for projects created to circumvent any obstacles inherent in the organizations existing structure (whether functional, projectized, or matrix)
Term
What are enterprise environmental factors?
When are they used?
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
Term
What are organizations process assets?
When are they used?
Definition
Company process and procedures
Historical information
Lessons learned
They are used throughout the project management process
Term
What is historical information?
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
Term
What is a project management information system?
Definition
The automated system to submit and track changes and monitor and control project activities
Term
What do lessons learned describe?
How are lessons learned used?
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
Term
What is work performance data?
Definition
Measurements and details about activities gathered during project work (executing)
Term
What is work performance information?
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
Term
What are work performance reports?
Definition
Work performance information organized into reports that are distributed to the stakeholders
Term
What is a product life cycle?
Definition
The cycle of a products life from conception to withdrawal from the marketplace
Term
What is a project life cycle?
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
Term
Describe a plan-driven project
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
Term
Describe a change-driven project.
Definition
Uses iterative incremental or adaptive (agile) life cycles
Has varying levels of early planning for scope, schedule and cost
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