Introduction: Org Influence, Project Lifecyle and PM Processes Flashcards
(43 cards)
A collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives.
Portfolio Management
The person assigned by the performing organization to achieve the project objectives.
Project Manager
Internal and external environmental factors that surround or influence a project’s success.
Enterprise Environmental Factors
A comprehensive, consistent method of controlling the project and ensuring its success.
Project Governance
Where should project governance be described?
In the project management plan
A phase to phase relationship where the phase starts prior to the completion of the previous one.
Sequential relationship
A phase to phase relationship where the phase starts prior to the completion of the previous one.
Overlapping relationship
A phase to phase relationship where only one phase is planned at any given time, and the planning for the next is carried out as work progresses on the current phase and deliverables.
Iterative relationship
External organizations that have a special relationship with the enterprise and provide specialized expertise or fill a specified role such as installation, customization, training, or support
Business Partners
The entire value of the business, the total sum of all tangible and intangible elements. This concept is unique to each organization.
Business Value
Persons or organizations that will approve and manage the project’s product, service, or result.
Customers
Persons or organizations that will use the project’s product, service, or results.
Users
Person or group that provides the resources and support for the project and is accountable for enabling success.
Sponsor
Also called vendors, suppliers, or contractor, are external companies that enter into a contractual agreement to provide components or services necessary for the project.
Sellers
Include any or all process related assets, from any or all orgnaizations involved in the project that can be used to influence the project’s success.
Organization Process Assets
Individuals who play a management role within an administrative or functional area of the business.
Functional Manager
An organizational structure in which each employee has one clear manager. Staff members are grouped hierarchically by specialty.
Functional Organization
A set of interrelated actions and activities performed to achieve a pre-specified product, result, or service.
Process
Organizational structure where team members are often collocated, most of the resources are involved with project work, and the project managers have a good deal of independence and authority.
Projectized Organization
Refers to various organizatinoal forms that create temporary systems for carrying out their work. Can be created by different types of organizations
Project based organization (PBO)
A system of managerial leadership that defines individual managerial responsibilities in terms of corporate objectives
Management by Objectives (MBO)
An organizational structure in which the project manager shares repsonsibility with the functional managers for assigning priorities and for directing the work of the individuals assigned to the project. Contains a blend of functional and projectized characteriztics.
Matrix Organization
An organizational approach that treats many aspects of ongoing operations as projects with the intention of applying project management techniques to these aspects.
Management by Projects
An organizational function performing the ongoing execution of activities that produce the same product or provide a repetitive service
Operations