Week 2 Flashcards

1
Q

Project life cycle?

A

Collection of sequential or overlapping project phases.

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2
Q

Project phases?

A

IPEMCC + Communication with upper management + Reference for comparing projects (Output, Template, Guidelines, History, benchmarking)

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3
Q

Every project start as a single phase project format

A

I, P, E, Close

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4
Q

Types of multiphase projects?

A
  1. Sequential
  2. Overlapping
  3. Iterative
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5
Q

Explain sequential multiphase project?

A

No uncertainty, one finishes next starts

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6
Q

Explain Overlapping multiphase project?

A

Increase risk, but decrease time

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7
Q

Explain Iterative multiphase project?

A

Plan while executing one before, max quality and minimize risk, but take more time.

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8
Q

What is stakeholder?

A

Anyone who is affected by the outcome of the project. PM should manage their expectations and keep them updated.

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9
Q

Explain functional org. structure?

A

No project based relation among departments, every department is independent and func.mans are superior. Func mans are PMs

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10
Q

Explain weak matrix org.structure?

A

There is project coordination among departments, there are project coordinators [staff members] which are not functional managers.

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11
Q

Balanced matrix org structure?

A

There is legit and certified PM, not staff member, but limited authority.

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12
Q

Strong matrix org. structure?

A

Full time PMs with authority, and Project administrative staff with PMO.

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13
Q

Projectized org. structure?

A

Everyone is involved in project, PMs have full authority, and independence, main strategy of company is to o projects.

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14
Q

When is project closed?

A
  1. When project requirements are met
  2. When project requirements cannot be met
  3. Project is no longer needed
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15
Q

What office provides OPA?

A

The PMO provides OPA

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