Chapters 1-3 Concepts Flashcards
methodology
methodology
A system of practices, techniques, procedures, and rules used by those who work in a discipline
A system of practices, techniques, procedures, and rules used by those who work in a discipline
standard
standard
A document established by an authority, custom, or general consent as a model or example
A document established by an authority, custom, or general consent as a model or example
Project
Project
A temporary endeavor undertaken to create a unique product, service, or result
A temporary endeavor undertaken to create a unique product, service, or result
Deliverable
Deliverable
Any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project
Any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project
- can be tangible or intangible
- can be tangible or intangible
Temporary endeavor
Temporary endeavor
The temporary nature of projects indicates that a project has a definite beginning and end
The temporary nature of projects indicates that a project has a definite beginning and end
- temporary does not mean short duration
- temporary does not mean short duration
Projects are temporary, but their deliverables may…
Projects are temporary, but their deliverables may…
exist beyond the end of the project
exist beyond the end of the project
Business value
Business value
The net quantifiable benefit derived from a business endeavor; can be tangible, intangible, or both
The net quantifiable benefit derived from a business endeavor; can be tangible, intangible, or both
Business value in projects refers to…
Business value in projects refers to…
the benefit that the results of a specific project provide to its stakeholders
the benefit that the results of a specific project provide to its stakeholders
Project management
Project management
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements
Project management is accomplished through…
Project management is accomplished through…
the appropriate application and integration of the project management processes identified for the project
the appropriate application and integration of the project management processes identified for the project
A project may be managed in 3 separate scenarios:
A project may be managed in 3 separate scenarios:
as a stand alone project (outside of a portfolio or program), within a program, or within a portfolio
as a stand alone project (outside of a portfolio or program), within a program, or within a portfolio