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15 Cards in this Set
- Front
- Back
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Temporary endeavor with a definitive start and end date and is unique to normal company functions
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Project
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Characteristics of a product/service/result of project are determined incrementally and are continually refine
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Progressive Elaboration
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ongoing or repetative functions of a company
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Operation
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Stakeholder
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People with a vested interest in your project. Are either actively involved or have something to lose or gain
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Project Sponsor
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generally an executive in the company with authority to assign resources and enforce decisions on a project
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How should you resolve conflicts between stakeholders?
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Generally by going in favor of the customer
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What is considered a successful project
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One that meets or exceeds the expectations of your stakeholder
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Project Management
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Brings together a set of tools and techniques performed by people to describe, organize, an monitor the work of projects activities
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Project managers
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the people responsible for managing the project process and applying the tools and techniques used to carry out the project activities.
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Duties of Project Manager
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identify requirements
establish objectives balance constraints |
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Programs
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groups of related projects that are managed using the same techniques (p 8)
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Program Manager
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determiner of interdependencies, manager of contraints, and resolver of issues of a program
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Portfolio
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collection of programs and projects that supports a specific business goal. They don't have to be specifically related except for in terms of the over all business goal
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Portfolio Management
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managing the collection of programs and projects. Included weighing the value of each project or potential project against the business's strategic objective
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Project Management Offfice (PMO)
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centralized organizational unit that oversees the management of projects and programs throughout the organization. Maintains and establishes stands and procedures.
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