Course 1 Flashcards
Define a project:
a series of UNIQUE tasks that need to be completed to reach a UNIQUE outcome/deliverable.
temporary
Why is Project Management valuable to businesses?
Ensures that a project delivers the expected outcomes, both on time and within budget.
Project Managers generally do 4 things:
Planning/Organizing, Managing Tasks, Budgeting, Controlling costs and other factors
Three ways project Managers add value to their teams:
Prioritization,
delegation, communication
What is prioritization?
identifying and breaking down large tasks into simple steps, then choosing which tasks are most important based on stakeholder data/input
who are stakeholders?
people who are interested in and affected by the project’s completion and success, i.e. leaders of organization
what is delegation?
matching tasks to individuals who can best complete the work
what is effective communication?
being transparent and making information readily available with both team and key stakeholders. Regular contact is key. Helps to identify where a teammate might need more support.
5 ways project managers add value to projects and impact organizations:
- focus on the customer
- building a great team
- fostering relationships and communication
- managing the project
- breaking down barriers
Define “customer” in the frame of project management (3)
A person or
organization that
- defines the requirements of the project
- sets important guidelines (budget and deadlines)
- can be internal (stakeholders within organization i.e. management) or external (clients, suppliers, etc)
explain external vs internal customers
External customers are the people outside of your formal organization, like the suppliers and the consumers.
internal customers are those within your organization, like the management, the project team members, etc.
4 Questions to ask customers:
1) whats the problem
2) how does the problem effect your organization
3) why ask for help now?
4) whats your hope for the outcome?
What (5) interpersonal skills are involved in project management and why?
1) Teaching and Mentoring because explaining well eliminates rework, confusion and frustration.
2) Building Relationships because getting to know someone means you can be informed on the most effective way of interacting with them.
3) Controlling Change because you can protect your team from constant change and rework.
4) Empowering Your Team because by delegating or even giving your team the ability to work directly with stakeholders and their teams lets them know you trust and believe in their skills. This leads to passionate motivated employees.
5) Communicating Status and Concerns because that’s how you find solutions and build trust.
Managing Cross Functional Teams effectively requires the PM to (4):
1) Clarify Goals
2) Get Team Members w the right skills
3) Measure Progress
4) Recognize Efforts
Core Skills for successful Project Management (4):
1) Enabling Decision Making (via data collection from various stakeholders and TEAM DECISION MAKING)
2) Communicating and Escalating (to team and management. Escalate + propose solution)
3) Flexibility
4) Strong Organizational Skills (Using scheduling software, collaboration tools, QA tools, documentation).
Flexible Planning involves:
Assessing EXTERNAL constraints: i.e. leaving extra time in schedule for holidays and sick days.
Planning for Risks and Challenges
Calculating FLOAT into your schedule (slack).
How to handle Ambiguity?
Keep Calm,
Express Empathy to your team,
Communicate what you know clearly,
Make decisions and stick to them,
Trust the team’s Expertise
“Influencing Without Authority” is a set of interpersonal skills including:
- communication (checkins to see progress and give feedback)
- negotiation (i.e. new deadlines if a team mate can’t make the original)
- Conflict Mediation (squashing tension and conflict within the team)
- Understanding Motivations (getting to know team mates including HOW they prefer feedback and HOW they like to receive recognition)
4 basic phases of a Project Life Cycle
1) Initiate project
2) Make a plan
3) Execute and complete tasks
4) close project
Initiating the Project involves (3):
- Defining Project Goal
- Determine Resources (people, software, vendors, physical locations, etc) needed for the success of the project
- Get Project Approval
Making a Plan involves (6):
1) Creating a budget
2) Setting a schedule
3) Establishing Team
4) Determining team roles and responsibilities
5) Plan for risk and change
6) Establish communication to the team and stakeholders
Executing and Completing involves (3):
1) Manage Progress
2) Communicate (and remove obstacles as needed)
3) Make Adjustments as needed
Closing the Project involves (6):
1) Check to make sure all tasks have been completed
2) Confirm acceptance of project outcome
3) Retrospective - note the best practices and learn how to manage a project more effectively the next time
4) Communicate results w stakeholders
5) Celebrate the team for completion
6) Formally move on from the project
Define a Retrospective:
Seeing what worked and didn’t work. A chance to note best practices and learn how to manage a project more effectively next time.
Initiating the Project involves questions such as (8):
Who are the stakeholders?
What are the client’s or customer’s goals?
What is the purpose and mission of the project?
What are the measurable objectives for the team?
What is the project trying to improve?
When does this project need to be completed?
What skills and resources will the project require?
What will the project cost? What are the benefits?
Making a Plan involves questions such as (3):
What are the major milestones?
What tasks or deliverables make up each milestone?
What is the schedule that’ll allow you to properly manage the resources, budget, materials, and timeline?
- Here, you will create an itemized budget.
What does an Iterative Approach mean?
A more flexible approach where some of the phases in tasks will overlap or happen at the same time
What does a Linear Approach mean?
An approach where the previous phase or task has to be completed before the next can start.
Describe the Waterfall Methodology:
An ordered set of steps that are directly linked to clearly defined expectations, resources, and goals that are not likely to change.
When is it best to use the Waterfall methodology (3)?
1) when the phases of the project are clearly defined
2) when there are tasks to complete before another can begin
3) when changes to the project are very expensive to implement once it’s started