9 Project management Flashcards
Introduction to Project Management Agile vs. Waterfall Methodologies in IT Projects (16 cards)
What is IT project management?
IT project management ensures technology initiatives are completed on time, within budget, and aligned with business goals by applying structured planning, execution, and monitoring techniques.
What are the common IT project challenges?
- Scope Creep: Uncontrolled expansion of project requirements
- Missed Deadlines: Poor planning, unclear objectives
- Budget Overruns: Lack of cost control
What is the Triple Constraint in IT project management?
The interdependent relationship between Scope, Time, and Cost, where changing one factor affects the others.
How do these factors affect IT projects?(Scope, Time, and Cost)
- Scope: Defines deliverables and requirements
- Time: Project timeline and deadlines
- Cost: Budget allocation
What distinguishes projects from processes?
Projects are temporary, goal-driven initiatives, while processes are ongoing, repeatable workflows.
What characterizes IT projects?
- Defined start and end date
- Focus on specific product/service
- Unique planning requirements
What are the phases of the IT Project Lifecycle?
- Initiation: Define objectives, feasibility
- Planning: Develop roadmap, timeline, resources
- Execution: Implement project, assign tasks
- Monitoring & Controlling: Track progress, manage changes
- Closure: Final evaluation, documentation
What are the main project management approaches?
Traditional (Waterfall), Agile(able to deal with new situations or changes quickly and successfully), and Hybrid
When is Waterfall best used?
- Large-scale IT infrastructure projects
- Compliance(the act of obeying a law or rule)-driven software development
- Projects with fixed scope & budget
What are the core Agile principles?
- Individuals & Interactions over Processes & Tools
- Working Software over Documentation
- Customer Collaboration over Contract Negotiation
- Responding to Change over Following a Plan
When is Agile best used?
- Software Development
- Fast-Paced IT Projects
- Projects with unclear/evolving requirements
What are the main Agile frameworks?
- Scrum: Iterative development with sprints
- Kanban: Visual workflow management
- SAFe: Enterprise-level scaling
- LeSS: Large-Scale Scrum for multiple teams
What are the core responsibilities of an IT Project Manager?
- Planning & Execution
- Communication & Coordination
- Stakeholder Management
- Risk & Issue Resolution
- Budgeting & Cost Control
What are common IT project risks?
- Security Risks: Cyber threats, data breaches
- Technical Debt: Poor coding practices
- Scope Creep: Requirement expansion
- Vendor Issues: Third-party delays
- Resource Constraints: Skill/budget shortages
What are the key leadership styles in IT project management?
- Servant Leadership: Team needs first, collaboration
- Transformational Leadership: Innovation, vision-driven
- Situational Leadership: Adapts to team needs
What are emerging trends in IT project management?
- AI-Driven Project Management
- Blockchain & Smart Contracts
- Hyper-Automation
- Decentralized Teams
- Metaverse & Virtual Reality
