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7 Cards in this Set
- Front
- Back
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Definition of a Project
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1. A Temporary endeavor, with a beginning and
an end, which.......... 2. Creates a unique product, service or result, is 3. Meant to achieve specific objectives 4. Often involving new circumstances (such as a new geography, a new team and/or new requirements) |
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Project Management “buckets”
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• Initiating
• Planning • Executing • Monitoring and Controlling • Closing |
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Project Management Processes
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Processes are a series of steps or tasks
that involve inputs, activity and outputs |
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Five Basic Management Functions
of the Project Management System |
Planning
Organizing&Staffing Directing&Leading Controlling Reporting |
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Project Success:Traditional View
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• Achieve the Objectives of the Project
– On time – Within budget – With desired functionality (and non-functional requirements like quality) – While utilizing resources efficiently – Accepted by the customer |
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New Definition
of Success |
• Achieve the Objectives of the Project
– On time – Within budget – With desired functionality (and non-functional requirements) – While utilizing resources efficiently – Accepted by the customer, and other powerful stakeholders – Minimum or mutually agreed scope changes – Minimum collateral impact – Minimum culture change |
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Project Management Summary
What is Project Management “Best Practice” regarding the following : |
• Definition of a Project and how is it
best managed • Measurement of Project Success • Some characteristics of good project managers • Trends in the Field of PM |
