Week 1 Flashcards
What is a project?
Temporary and unique endevour with specific result
What is project management?
Application of process groups, which are IPEMCC and managing the
- REQUIREMENTS, GOALS
- Adapt to project concerns and stake-holder expectation
- Balance QSTC
IPEMCC?
Initiate Plan Execute Monitor and Control and Close
QSTC triangle?
Quality and Scope, Time, Cost
WhAT IS portfolio?
Projects and programs that are grouped to facilitate effective management
What is program?
Projects and minor programs which are better off being managed together
Operations management?
Management of permanent and daily activities
Role of Project Manager?
TO do IPEMCC
Project management skills? 3
PM KNOWLEDGE COMPETENCY
PM PERFORMANCE COMPETENCY
PERSONAL COMPETENCY
EEF?
Enterprise environmental factors; org culture, structure, gov or industry standards, infrastructure, human resources, administration, marketplace conditions, stakeholder risk tolerance, systems.
OPA?
Organisational process assets; guidelines, templates, etc.