PM Glossary A Flashcards

1
Q

Supply chain

A

A supply chain is the network of all the individuals, organisations, resources, activities and technology involved in the creation and sale of a product. A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.

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2
Q

Stakeholders

A

Anyone who is impacted by your project (customers, managers, team members, partner teams, etc)

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3
Q

Organization Structure

A

Refers to how your project team is organised. an organisation may use one or all types of Organisational structures.

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4
Q

Organisational Structure - Functional

A

is where each member of the staff has a clear superior and they are grouped by their area of expertise.

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5
Q

Organisational Structure - Projectized Organisation

A

Team members generally are co-located and resources are dedicated to the project. Project managers have strongest autonomy and authority.

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6
Q

Composite Organization

A

This often includes elements of a projectized structure that will focus on project activities within a larger blended org structure

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7
Q

Matrix Based - Organization

A

a combination of functional and projectized distinctiveness, from weak to strong

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8
Q

Organisational Process assets

A

Are the plans, processes, policies and procedures used by an organization. they influence the project and how to it is managed.

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9
Q

Organizational process assets two categories

A

1 - Processes and procedures. 2 - Corporate knowledge base.

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10
Q

Enterprise Environmental Factors

A

Conditions not under control of the project team, yet will influence the project.

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11
Q

Enterprise Environmental Factors - Examples

A

Organizational culture, Government or industry standards, existing human resources, marketplace conditions, political climate, commercial databases, Project management information system.

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12
Q

Cognitive Bias

A

Systematic patterns of irrational judgment. نتیجه آن باورهای غلط میباشد

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13
Q

Upfront investment

A

The money you put in at the beginning of a business or financial venture.

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