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24 Cards in this Set
- Front
- Back
- 3rd side (hint)
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Triple Constraint
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Scope, Time and Cost
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STC
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What is Scope?
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What work will be done as part of the project? What unique product, service, or result does the customer or sponsor expect from the project?
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What is Time?
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How long should it take to complete the project? What is the project’s schedule?
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What is Cost?
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What should it cost to complete the project? What is the project’s budget?
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What is WBS?
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Work Breakdown Structure
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What is a project?
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A temporary endeavor undertaken to create a unique product, service or result.
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Project Attributes
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1. Unique Purpose
2. Temporary 3.Developed using progressive Elaboration 4. Requires resources 5. Have a primary customer or sponsor 6.Uncertainty |
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Project Attributes
Unique Purpose |
Every Project should have a well-defined objective
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Project Attributes
Temporary |
A project has a definite beginning and a definite end.
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Project Attributes
Progressive elaboration |
Projects are often defined broadly when they begin, and as time passes, the specific details of the project become clearer.
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Project Attributes
Requires resources |
Resources include people, hardware, software, or other assets.
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Projects Attributes
Primary Customer or Sponsor |
Most projects have many interested parties or stakeholders
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Project Attributes
Uncertainty |
Because every project is unique, it is sometimes difficult to define its objectives clearyly, estimate how long it iwll take to complete, or determine how much it will cost.
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What is successful project management?
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Means meeting all three goals(scope, time, and cost) - and satisfying the project's sponser!
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What is Project Management
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Is "the appliation of knowledge, skills, tools and techniques to project activities to meet project requirements.
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Project Stakeholders
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are the people involved in aor affected by project activities and include the project sponser, project team, support staff, customers, users, suppliers, and even opponents of the project
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Four Core Knowledge areas of PM
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Scope, time, cost and quality management
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The four facilitating Knowledge areas of PM
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Human resources, communications management, risk management and procurement management
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Nine Knowledge Areas
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Scope, Time, Cost, Quality, Human resource, communications, risk management, procurement and integration
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systems approach
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an analytical approach to solving complex problems that includes using: systems philosophy, systems analysis, and systems management.
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systems philosophy
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model for thinking about things as systems.
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Systems
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are sets of interacting components working within an environment
to fulfill some purpose. |
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Systems analysis
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is a problem-solving
approach that requires defining the scope of the system, dividing it into its components, and then identifying and evaluating its problems, opportunities, constraints, and needs. |
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Systems management
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addresses the
business, technological, and organizational issues associated with creating, maintaining, and making a change to a system. |
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