All-In-One Chapter 2 - Managing a Project Flashcards Preview

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Flashcards in All-In-One Chapter 2 - Managing a Project Deck (24):
1

Adaptive life cycle

this is a project life cycle that anticipates many changes to the project scope and demands highly involved project stakeholders

2

Balanced matrix structure

an organization where organizational resources are pooled into one project team, but the functional managers and the project managers share the project power

3

Composite structure

an organization that creates a blend of functional, matrix and projectized structures

4

Customer/user

the person(s) who will pay for and use the project's deliverables

5

Deliverable

a verifiable, measurable product or service created by a phase and/or a project

6

Functional Structure

an organization that is divided into functions, and each employee has one clear functional manager. Each department acts independently of the other departments. A project manager in this structure has little to no power and may be called a project coordinator

7

Influencers

persons who can positively or negatively influence a project's ongoing activities and/or the project's likelihood of success

8

Kill Point

the review of a phase to determine if it accomplished its requirements. A kill point signals an opportunity to kill the project if it should not continue

9

Negative Stakeholder

a stakeholder who does not want a project to succeed. He or she may try to negatively influence the project or help it fail

10

Performing Organization

the organization whose employees or members are most directly involved in the project work

11

Phase

the logical division of a project based on the work or deliverable completed within that phase

12

Phase exit

the review of a phase to determine if it accomplished its requirements. it signals the exiting of one phase and the entering of another

13

Phase gate

the review of a phase to determine if it accomplished its requirements. Like a phase exit, a phase gate shows the qualifications to move from one phase to another

14

Phase-end review

the review of a phase to determine if it accomplished its requirements, a phase-end review is also called a phase exit, a phase gate, and a kill point

15

Positive stakeholders

a stakeholder who wants a project to exist and succeed. He or she may try to positively influence the project and help it succeed.

16

Predictive life cycle

also called a plan-driven approach, is a life cycle that "predicts" the work that will happen in each phase of the project. The project plan, time, cost and scope are defined early in the project and predict what is to happen in the project

17

Product life cycle

the life cycle of the product a project creates

18

Project life cycle

the collection of phases from the start of a project to its completion

19

Project management office (PMO)

a business unit that centralizes the operations and procedures of all projects within the organization. The PMO supports the project manager through software, templates, and administrative support. A PMO can exist in any organizational structure, but it is most common in matrix and projectized structures

20

Project management system

the defined set of rules, policies, and procedures that a project manager follows and utilizes to complete the project

21

Project stakeholder

anyone who has a vested interest in a project's operation and/or its outcome

22

Projectized structure

an organization that assigns a project team to one project for the duration of the project life cycle. The project manager has high-to-almost-complete project power

23

Strong matrix structure

an organization where organizational resources are pooled into one project team, but the functional managers have less project power that then project manager

24

Weak matrix structure

an organization where organizational resources are pooled into one project team, but the functional managers have more project power than the project manager