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17 Cards in this Set
- Front
- Back
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What is the definition of a PROJECT?
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• Temporary
• Creates an unique product or service • Progressively elaborated |
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What is the definition of a PROGRAM?
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• A group of interrelated products managed in a coordinated way
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What is the definition of a PORTFOLIO?
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• A group of programs to achieve a specific strategic business goal
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What is a PRODUCT life-cycle?
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• The cycle of a products life from conception to withdrawal
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What is a PROJECT lifecycle?
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• What you need to do to complete the work. It varies from industry and type of project
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What is the Project management process?
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What you need to do to manage the work.
• Initiating • Planning • Executing • Monitoring and controlling • Closing |
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What is a Project management office?
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• A department that centralized the management of projects
• Provides the policies, methodologies and templates for managing project within the organization Or • Provides support and guidance to others in the organization on how to manage projects Or • Provides project managers for different projects and is responsible for the results of those projects |
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What are project CONSTRAINTS?
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• Cost
• Time • Scope • Quality • Risk • Resources • Customer satisfaction They are used to help evaluate competing demands. |
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Who are STAKEHOLDERS?
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Anyone whose interests may be positively or negatively impacted by the project including:
• Project manager • Customer • Sponsor • Performing organization • Team • Funding sources • End user • Society • PMO |
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What should we do with stakeholders?
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• Identify all stakeholders
• Determine all of the requirements • Determine all of their expectations • Communicate with • Manage their influence |
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What are three primary forms of organization?
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• Functional
• Projectized • Matrix |
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What is a FUNCTIONAL organization?
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• The company is grouped by project
• The team has no department to go to at project end • Project manager has total control of the resources |
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What is a PROJECTIZED organization?
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• The company is grouped by project
• The team has no department to go to at project end • Project manager has total control of the resources |
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What is a MATRIX organization?
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A blend of functional and projectized organizations where the team members have two bosses.
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What is a STRONG MATRIX organization?
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A matrix organization with the balance of power rests with the project manager instead of the functional manager
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What is a WEAK MATRIX organization?
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A matrix organization with the balance of power rests with the functional manager instead of the project manager project management roles include:
• Project Expediter • Project Coordinator |
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What is a BALANCED MATRIX organization?
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An organization where power is equally balanced between project managers and functional managers. This is the preferred form of matrix
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