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28 Cards in this Set

  • Front
  • Back

What is the definition of a project?

Temporary



Creates a unique product, service, or result

What is operational work?

Ongoing work to support the business and systems of the organization

What is the definition of a program?
What is the definition of a portfolio?

Program: A group of interrelated
projects, managed in a coordinated way
Portfolio: A group of programs,
individual projects, and related
operational work to achieve a specific
strategic business goal

What is organizational project
management (OPM)?
What are its benefits?

A framework for keeping the
organization focused on its overall
strategy
Provides direction for how portfolios,
programs, projects, and other
organizational work should be
prioritized, managed, executed, and
measured to best achieve the firms
strategic goals

What is OPM3"?

A PMI model designed to help
organizations determine their level of
maturity in project management

What is a project management office
(РМО)?



What are three possible formats for a
PMO?

A department that centralizes and
standardizes the management of projects



Supportive
Controlling
Directive

What are project constraints?

Time
Cost
Risk
Scope
Quality
Resources
Customer satisfaction



Constraints are used to help evaluate
competing demands

Who are project stakeholders?

Anyone whose interests may be
positively or negatively impacted by the
project, including:
• Project manager
• Customer
• Sponsor
• Performing organization
• Other departments or groups within
the organization
• Team members
• Team members' functional or
operational managers
• Sellers
• Funding sources
• End users
• PMO

What are three primary forms of
organizational structure?

Functional
Projectized
Matrix

What is a functional organization?

The organization is grouped by areas
of specialization (e.g., accounting,
marketing)

What is a projectized organization?

The organization is grouped by project
The team has no department to go to at
project end
The project manager has total control of
the resources

What is a matrix organization?

A blend of functional and projectized
organization where the team members
have two bosses (the project manager
and functional manager)

What is a strong matrix organization?
A matrix organization where the balance
of power rests with the project manager
instead of the functional manager

What is a weak matrix organization?



What role might the project manager play in a weak matrix?

A matrix organization where the balance of power rests with the functional manager instead of the project manager



A project expediter or project coordinator

What is a balanced matrix organization?

A matrix organization where power is equally balanced between the project manager and the functional manager

What is a project-based organization?

A temporary framework for projects
created to circumvent any obstacles
inherent in the organization's existing
structure (whether functional,
projectized, or matrix)

What are enterprise environmental factors?



When are they used?

The organizations culture and existing
systems that the project will have to deal
with or can make use of



They are used throughout the project
management process

What are organizational process assets?



When are they used?

Company processes and procedures
Historical information
Lessons learned



They are used throughout the project
management process

What is historical information?

Records of past projects, including
lessons learned, used to plan and
manage future projects



Records of the current project that will
become part of organizational process
assets

What is a project management information system?

The automated system to submit and track changes and monitor and control project activities

What do lessons learned describe?



How are lessons learned used?

What went right, what went wrong, and
what would be done differently if the
project could be redone



Used in planning the project
Used by other projects in the future

What is work performance data?

Measurements and details about
activities gathered during project work
(executing)

What is work performance information?

Work performance data analyzed to make sure it conforms to the project management plan and to assess what it means for the project as a whole

What are work performance reports?

Work performance information organized into reports that are distributed to the stakeholders

What is a product life cycle?

The cycle of a product's life from conception to withdrawal from the marketplace

What is a project life cycle?

What you need to do to COMPLETE the work (produce the deliverables of the project)



It varies by type of product, industry,
and the organization's preferences

Describe a plan-driven project.

Has a predictive life cycle in which scope, schedule, and cost are determined in detail early in the life of the project, before the work begins to produce the project deliverables

Describe a change-driven project.

Uses iterative, incremental, or adaptive (agile) life cycles



Has varying levels of early planning for scope, schedule, and cost