CHAPTER 1 Flashcards
Integration Scope Schedule Cost Quality Human Resource Communication Risk Procurement Stakeholder
Project Management Knowledge Areas
The application of knowledge, skills, and tools, and techniques, to project activities to meet project requirements
Project Management
A large project typically costing over $1 billion, affecting more than 1 million people, and lasts several years
Megaproject
Certification provided by PMI that requires documenting project management experience, agreeing to follow the PMI code of ethics, and passing a comprehensive exam
PMP
Project Management Professional
Project Constraints
Scope Schedule Cost Quality Resources Risk
Project Management Knowledge Areas
Integration Scope Schedule Cost Quality Human Resource Communication Risk Procurement Stakeholder
A set of principals that guide our decision making based on personal values of what is right and wrong
Ethics
Project Management Progress Groups
Initiating Planning Executing Monitoring Controlling Closing
Methods available to assist PMs and their teams.
Examples: Gantt charts, network diagrams, critical path analysis, PM software
Project Management Tools & Techniques
This management by exception approach focuses on achieving goals or compliance by offering team members appropriate rewards and punishments
Transactional Leader
International professional society for project managers
PMI
Project Management Institute
An optimal way recognized by our industry to achieve stated goals or objectives
Best Practice
A person who focuses on long term goals and big picture objectives, while inspiring people to reach those goals.
Leader
The person who provides direction and funding for a project
Project Sponsor
A person responsible for working with the project sponsor, the project team, and the other people involved in a project to meet project goals
Project Manager
Leadership style where these people inspire others based on their enthusiasm and confidence
Charismatic Leader
A framework in which portfolio, program, and project management are integrated with organizational enablers in order to achieve strategic objectives
Organizational Project Management
This leadership style is a combination of transactional, transformational, and charismatic
Interactional Leader
Initiating Planning Executing Monitoring Controlling Closing
Project Management Progress Groups
Balancing scope, schedule, and budget
Triple Constraint
A person who deals with the day to day details of meeting specific goals
Manager
People using this approach often focus on relationships and community first and leadership secondary
Servant Leader
The grouping and managing of projects and programs as a portfolio of investments
Project Portfolio Management
Meaning “let go”. This hands off approach to leadership lets teams determine their own goals and how to achieve them.
Laissez-faire Leader
