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12 Cards in this Set
- Front
- Back
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Business Value
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A concept that is unique to each organization and includes tangible and intangible elements. Through the effective use of project, program, and portfolio management disciplines, organizations will possess the ability to employ reliable, established processes to meet enterprise objectives and obtain greater business value from their investments.
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Constraint
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A limiting factor that affects the execution of a project, program, portfolio, or process.
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Customer
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The person(s) or organization(s) that will pay for the project's product, service, or result. Customers can be internal or external to the performing organization.
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Interpersonal Skills
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Ability to establish and maintain relationships with other people.
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Objective
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Something toward which work is to be directed, a strategic position to be attained, a purpose to be achieved, a result to be obtained, a product to be produced, or a service to be performed.
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Operational Stakeholders
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Stakeholders who perform and conduct business operations in projects that will affect their future work and endevours.
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Project
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A temporary endeavor undertaken to create a unique product, service, or result.
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Project-Based Organizations (PBOs)
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A variety of organizational forms that involve the creation of temporary systems for the performance of projects. PBOs conduct the majority of their activities as projects and/or provide project over functional approaches.
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Project Management
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The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
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Project Management Body of Knowledge
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An inclusive term that describes the sum of knowledge within the profession of project management. As with other professions, such as law, medicine, and accounting, the body of knowledge rests with the practitioners and academics that apply and advance it. The complete project management body of knowledge includes proven traditional practices that are widely applied and innovative practices that are emerging in the profession. The body of knowledge includes both published and unpublished materials. This body of knowledge is constantly evolving. PMI's PMBOK® Guide identifies a subset of the project management body of knowledge that is generally recognized as good practice.
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Project Management System
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The aggregation of the processes, tools, techniques, methodologies, resources, and procedures to manage a project.
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