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20 Cards in this Set

  • Front
  • Back
project
a one-time or infrequently occurring set of activities that creates outputs within prespecified time and cost schedules
technological factors
systems, equipment and processes that define how project work is done
social factors
project team culture, norms of behavior, values, enthusiasm, experience, authority and influence of team members
project objective statement
the identification of project deliverables, schedule and resources in specific, concise, clear, measurable terms
functional project
a project that is housed and controlled within a single functional department during each project stage
pure (autonomous) project
a project that is housed outside normal functional departments and all stages are managed by a single leader
matrix project
a project in which a full-time project manager works together with functional managers to control budgets and to supervise functional workers who are loaned to the project from time to time
24/7 project operations
globally dispersed projects where groups in one time zone work while groups in other time zones sleep
project charter
a document that establishes the initial plan for a project, including its purpose and priority, its customers and project team members, and its budget, schedule and major deliverables
work breakdown structure
a hierarchical listing of project activities
critical path method
a project planning technique that identifies in graphic form the activities that are most important and should receive focused attention
network diagram
a graphical display of project tasks and their interrelationships
critical path
the longest path of activities reaching from the beginning node to the end node in a project
earliest start date and earliest finish date
the earliest dates that an activity can be planned to start and finish given the requirements of its predecessors
task slack
the amount of time that task duration can be increased without affecting the length of the project
probabilistic task duration estimates
a tool for conveying uncertainty that includes a range of possible task duration for each task, rather than relying on a single point estimate
project buffer
a time period set aside to provide slack along activity paths that are critical or highly variable
Gantt chart
a bar chart that shows the timing, relationships and percentage completion for activities in a project
postproject review
an effort to capture the lessons learned from the project experience and to recognize the contributions of project team members
business case
a well-developed justification of the financial and strategic reasons for pursuing a project