Part 5: SC Flashcards

1
Q

is the application of knowledge, skills, tools, and techniques to a broad range of activities to meet the requirements of a specific project

A

Project Management

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2
Q
  • Defines the project at a broad level.
  • Begins with a business case to assess feasibility.
  • Involves stakeholders’ due diligence to decide if the project is a “go.”
  • Results in a project charter or Project Initiation Document (PID).
A

Project Initiation

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3
Q
  • Focuses on developing a roadmap for the project.
  • Involves setting goals using methods like S.M.A.R.T. and C.L.E.A.R.
  • Defines the project scope, cost, quality, resources, and timetable.
  • Establishes baselines for performance measures.
  • Clearly defines roles and responsibilities.
  • Documents created: Scope Statement, Work Breakdown Schedule (WBS), Milestones, Gantt Chart, Communication Plan, Risk Management Plan.
A

Project Planning

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4
Q

S.M.A.R.T.

A

Specific, Measurable, Attainable, Realistic, Timely/ Timebound

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5
Q

C.L.E.A.R.

A

Collaborative, Limited, Emotional, Appreciable, Refinable

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6
Q

Documents Created During Planning

A
  • Scope Statement
  • Work Breakdown Schedule (WBS)
  • Milestones
  • Gantt Chart
  • Communication Plan
  • Risk Management Plan
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7
Q

Defines business needs, benefits, objectives, deliverables, and key milestones.

A

Scope Statement

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8
Q

Visual representation breaking down project scope.

A

Work Breakdown Schedule (WBS)

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9
Q

High-level goals in the Gantt chart.

A

Milestones

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10
Q

Visual timeline for task planning.

A

Gantt Chart

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11
Q

Important for projects involving external stakeholders.

A

Communication Plan

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12
Q

Identifies foreseeable risks.

A

Risk Management Plan

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13
Q
  • Resource plan assesses resources (labor, equipment, materials).
  • Includes types and quantities of resources, roles, responsibilities, and skill sets
A

Project Resources

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14
Q
  • Financial plan estimates money required for each project stage.
  • Quantifies labor, equipment, and materials costs.
  • Defines expense schedule for analyzing forecast versus actual spending.
A

Project Finances

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15
Q
  • Identifies task completion timelines and responsible parties.
  • Work Breakdown Structure (WBS) is essential for building a project schedule.
A

Project Schedule

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16
Q
  • Quality plan ensures stakeholders’ quality expectations are defined and achievable.
  • Defines quality in the project context, crucial for project success.
A

Project Quality

17
Q
  • Communication plan ensures stakeholders and team understand project progress.
  • Essential for project updates and plan changes.
  • Specifies how communication will be done within the team and with stakeholders.
A

Project Communications

18
Q
  • ____________ identifies project elements acquired from external suppliers.
  • Describes the product, goods, and services to be procured.
  • Justifies external procurement and provides a procurement schedule.
A

Project Procurement

19
Q
  • Putting the project plan into action.
  • Project manager coordinates and directs resources to meet project objectives.
A

Project Implementation

20
Q

Project Implementation Phases

A
  1. Putting the Plan into Action
  2. Monitoring and Controlling:
21
Q

Management Processes in Project Implementation

A

Acceptance Management
Change Management
Communication Management
Cost Management
Issue Management
Procurement Management
Quality Management
Risk Management
Time Management

22
Q

Records time spent on project tasks, ensuring completion on schedule.

A

Time Management

23
Q

Identifies, approves, records costs, ensuring approved expenses only.

A

Cost Management

24
Q

Assures and controls the quality of project outputs.

A

Quality Management

25
Defines, evaluates, and approves changes to the project plan
Change Management
26
Formally identifies, quantifies, and manages risks during the project.
Risk Management
27
Manages issues affecting project deliverables.
Issue Management
28
Sources products from external suppliers.
Procurement Management
29
Presents outputs for review and sign-off.
Acceptance Management
30
Identifies, creates, reviews, and sends formal communication within the project.
Communication Management
31
* Assesses whether the project is being implemented as planned. * Progress evaluation assesses progress by comparing current results with set targets
Formative Evaluation
32
Confirm acceptance of project products and recognize achievement of project objectives.
Project Closure and Evaluation
33
* Project team disbandment. * Recognition of valuable team members. * "Post mortem" meeting to evaluate project successes and failures. * Create a project punch list of unfinished tasks. * Final project budget and report. * Collect and store all project documents and deliverables.
Post-Project Activities
34
- covers beneficiary impact, financial aspects, and reports. - involves output diffusion, decision-making on project continuation, identification of linkages, and follow-up proposals.
Project Evaluation
35
- Document reviewing project performance against objectives. _________ must be completed before formal project closure.
Summative Evaluation
36
* Activating the plan. * Building deliverables. * Delegation, volunteerism, decision-making.
Putting the Plan into Action
37
* Time, cost, quality, risk, procurement, communication management. * Formative evaluation.
Monitoring and Controlling
38
What are the Components of Project Closure?
* Administrative Closure. * Post-Implementation Meeting. * Project Report. * Celebration.
39
What are the 5 Phases of Project Management?
Project Initiation Project Planning Project Implementation Project Performance/Monitoring Project Closure