Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
14 Cards in this Set
- Front
- Back
|
test
|
test
|
|
|
Standard
|
A standard is a formal document that describes the established norms, methods, processes and practices.
|
|
|
Project
|
a) Its Temperory
b) has a start date and end date c) Produces a service or product d) End is reached when the project objectives or met or the project is terminated when the objectives will not be or cannot be met |
|
|
Project Managment
|
Project Managment is the application of knowledge , skills, tools and techniques to project activities to meet the project requirements.
|
|
|
Process groups
|
There are 5 process groups
- Initiating - Planning -Executing - Monitoring and Control -Closing |
|
|
Project Constraints
|
-Cost
-Scope -Time -Quality - Budget -Resource -Risk |
|
|
Progressive elaboration
|
Progressive elaboration involves continously improving and detailing a plan as more- detailed and specific information and more accurate estimates become available.
|
|
|
Portfolio
|
A portfolio refers to a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic Business Objectives.
|
|
|
Portfolio Management
|
- It refers to the centralized management of one or more portfolios , which includes identifying, prioritizing, authorizing, managing and controlling project or programs and other related work to achieve specific strategic Business objectives
|
|
|
Program
|
A program is defined as a group of related Projects managed in a coordinated way to obtain benefits and control not available from managing them individually.
- A project may or may not be part of program but a program will always have projects. |
|
|
Program Management
|
-Program Management is defined as the centralized coordinated management of a program to achieve the program;s strategic objectives and benefits.
|
|
|
What are the reasons for a project to happen
|
- Market Demand
- Startegic Opportunity/business needs -Customer request -Technological advance -Legal requirements |
|
|
Project managment office
|
-A PMO is an Organizational body or entity assigned various responsibilities related to the centralized and coordinated managment of those projects under its domain.
- The responsibilites of a PMO can range from Providing Project Management support functions to actually being responsible for the direct management of a project |
|
|
Operations
|
Operations are an organizational function, performing the ongoing execution of activies that produce the same product or provide a repetitive service.
|
