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30 Cards in this Set
- Front
- Back
# of Processes in PMBOK Guide |
47 Processes |
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# of Process Groups in PMBOK Guide |
5 Process Groups |
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# of Knowledge Areas in PMBOK Guide |
10 Knowledge Areas |
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PMBOK definition of a project |
A temporary endeavor undertaken to create a unique product, service or result. |
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Program |
When a group of projects are managed in a coordinated fashion. |
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Enterprise Environmental Factors |
Conditions, not under control of the project team, that influence, constrain, or direct the project. (Considered inputs to the planning process, can have a positive or negative influence.) |
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Time, Scope and Cost are collectively known as: |
Constraints |
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Project Management Information System |
System used to store, disseminate and gather project-related documents. |
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A portfolio is a collection of |
projects, programs, sub-portfolios and operations managed as a group to achieve strategic objectives |
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Three types of PMO: |
- Supportive - Controlling - Directive |
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Stakeholder |
Person who is actively involved in the project or who may be impacted by completion of project. |
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Project Life Cycle |
All phases in a project. |
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Functional manager |
A manager with extensive expertise in a given area. |
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Process group |
A set of overall tasks in a project. |
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Process |
A package of inputs, tools & techniques and outputs. |
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Project expediter |
Role that has responsibility but little authority on a project. |
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Customer |
A person who will use the output of the project. |
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Corrective action |
Action taken to bring expected future work in line with the project plan. |
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Monitor and control project work |
Process that makes sure the work matches the plan. |
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Portfolio manager |
Person responsible for the high level governance of a collection of programs or projects. |
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Payback period |
Time it takes to recover costs. |
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Preventative action |
An intentional activity that ensures the future performance of the project work is aligned with the project management plan. |
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Kickoff meeting |
An initial meeting at the start of a project. |
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Change control board |
A committee whose job it is to analyze and approve changes to a project. |
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Schedule forecasts |
Estimates or predictions of conditions and events in the project's future based on information and knowledge available at the time the schedule is calculated. |
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Project selection methods |
A systematic process for selecting a project in a group of proposals. |
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Integrated change control |
Process of reviewing and approving changes across the project. |
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Organizational process assets |
Plans, processes, policies, procedures and knowledge bases that are specific to and used by the performing organization. |
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Lessons learned |
The learning gained from the process of performing a project. |
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Internal rate of return |
The discount rate at which the net present value of costs equals the net present value of benefits. |