1st 250 cards Flashcards
(252 cards)
What is a “project”?
It is a temporary endeavor to create a unique product, service, or result.
What are “operations”?
These deal with day-to-day work of a business.
What is “process elaboration”?
This involves discovering great levels of detail as the project moves toward completion.
What is “project management”?
It is the application of knowledge skills, tools, and techniques to meet the project requirements. It’s about managing people to accomplish the scope of the project in the given constraints of time and costs.
All projects are limited as to time, cost, and scope.
What is a “predictive project”?
This is a traditional waterfall or plan-driven project. Much of the planning has been done up-front at the beginning of the project, and the rest of the project would be to execute the plan to complete actual work.
What is a “agile project”?
This is known as adaptive or change-driven, where the product is built in small increments versus being built all at once as one would with a traditional project.
The agile project allows more customer interactions as small increments are being built. Agile projects also support changes throughout the project, allowing customers to add requirements without having to go through a change management process as you would on a traditional project.
What is a “hybrid project”?
This is when an organization combines the use of both predictive and agile methods for managing projects.
What is the value of projects?
Projects are performed to derive value from the output of that project. Value can be tangible such as money, or intangible such as brand reputation.
What is “ITTO”?
Input, Tools and Techniques, and Output.
What is a “phase”?
A phase is a division within the project where extra control is needed to effectively manage the completion of one or more deliverables.
What are the 5 phases of a project?
1) Initiating
2) Planning
3) Executing
4) Monitoring and Controlling
5) Closing
What is a “deliverable”?
a part of the product that is presented to the customer or stakeholders for acceptance.
What is a “process group”?
It is a set of processes that a project manager that might do at a certain time.
What is a “knowledge area”?
This is a certain set of processes that are usually defined by the knowledge needed to manage that area.
What are the “knowledge areas” of project management? (10 of them)
1) Integration
2) Scope
3) Schedule
4) Cost
5) Quality
6) Resources
7) Communications
8) Risk
9) Procurement
10) Stakeholders
What is a “development life cycle”?
These are the phases that a project will go through start to finish.
What are the 3 different kinds of project types?
1) Predictive - where scope, time, and cost are known early in the project.
2) Iterative, incremental, or adaptive - when the scope is known early, but the time and cost will be refined as the project is progressing.
3) hybrid - some parts are known prior to the start of the project; other parts are developed incrementally.
What is a “program”?
It is a collection of projects containing a common goal managed by a program manager.
What is a “portfolio”?
It is a collection of projects and programs that are implemented to achieve a strategic business goal.
What are the 3 basic baselines of all projects?
Scope, time, and cost.
What is a “baseline”?
It is an original plan plus any approved changes.
How do we calculate the “status” of a project?
We compare what is currently happening on a project versus the baseline, and looking for differences.
What are “historical information”?
These are things that are learned from previous projects.
What are “lessons learned”?
Looking at past projects, we could learn lessons.