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28 Cards in this Set
- Front
- Back
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A methodology that converts an organizations value drivers to a series of defined metrics
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Balanced scorecard
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The approved Project Management plan plus approved changes
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Baseline
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Tools that help track the execution of business process flows and expose how the state of supporting IT systems and resources affects end-to-end business process performance in real time
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Business Service Management Tools (BSM)
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The rate used in discounting future cash flow; also called discount rate or opportunity cost of capital
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Capitalization rate
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Benefits minus cost or income minus expenses
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Cash Flow
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A formal group of people responsible for approving or rejecting changes on a project
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Change control Board (CCB)
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A formal, documented process that describes when and how official project documents may be changed
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Change Control System
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A process that ensures that the descriptions of a project's products are correct and complete
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Configuration Management
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The return available by investing capital elsewhere
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Cost of capital
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New requirements imposed by management, government,or some external influance
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Directives
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A multiplier for each year based on the discount rate and year
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Discount factor
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The rate used in discounting future cash flow also called capitalization rate, or opportunity cost of capital
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Discount rate
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Identifying, evaluating, and managing changes throughout the project life cycle
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Integrated Change control
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The discount rate that results in an NPV (Net Present Value) of zero for a project
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Internal rate of return (IRR)
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A technique that uses branches radiating from a core idea to structure thoughts and Ideas
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Mind mapping
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A method of calculating the expected net monitory gain or loss from a project by discounting all expected future class inflows and outflows to the present point in time
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Net Present Value (NPV) analysis
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Chances to improve and organization
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Opportunities
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The rate used in discounting future cash flow also called capitol rate or discount rate
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Opportunity cost of capital
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Formal and informal plans, policies, procedures,guidelines,information systems, financial systems management systems lessons learned, and historical information that can influence a projects success
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Organizational process assets
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The amount of time needed to recoup the total dollars invested in a project, in terms of net class inflows
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Payback Period
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A document that formally recognizes the existence of a project and provides direction on the project's objectives and management
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Project Charter
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Processes that coordinate all project management knowledge areas throughout a projects's life, including developing the project charter, developing the preliminary project scope statement, developing the project management plan, directing and managing the project, monitoring and controlling the project, provide integrated change control, and closing the project
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Project integration management
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A document used to coordinate all project planning documents and guide project execution and control
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Project management plan
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The minimal acceptable rate of return on an investment
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Required rate of return.
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A method for determining the financial value of a project
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Return on Investment (ROI) calculated by subtracting the project costs form the benefits and dividing by the costs
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Determining the long term objectives by analyzing the strengths and weeknesses of an organization, studying the opportunities and threats in the business environment, predicting future trends, and projecting the need for new products and services
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Strategic Planning
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Analyzing Strengths, Weaknesses, Opportunities,and Threats used to aid in strategic planning
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SWOT Analysis
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A technique that provides a systematic process for selecting projects based on numerous criteria
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Weighted scoring model
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