PMP Flashcards
(637 cards)
What is a project
A temporary endeavour with a clear beginning and end that produces a unique product, service, or result
Can a project be part of a program?
Yes, a project can be part of a program but a program does not have to be part of a project
What is project management?
Using your skills, tools, knowledge, and techniques to complete requirements of a project
What is program management
A group of interrelated projects that benefits from being management together rather than individually. A program manager reviews whole project, but a project manager is assigned to each project
What is a portfolio
A group of project, programs, sub portoflios, and operations that are manages together to meet the overall objectives of a orgranization
What are operations
Ongoing tasks that focus on the acquisition, development, of resources that are need to deliver goods and services
What questions do you ask related to the value of projects
Why should we do this project
What do projects enable?
They enable change, moving from the present state to the desired state
What is another word for Phase Gate?
Phase Review
What is a Phase Gate?
Reviewing the phase to determine if they should move on to the next phase
What is a kick off meeting
Meeting done at the end of planning to kick off the project. Can also be at the start of the next phase
What is a phase
A collection of related ACTIVITIES that make a deliverable
What does the number of phases depend on?
The complexity, size, and industry of a project
What is a deliverable?
A unique product, service, or result. Must be accepted by the customer. Can be tangible or intangible
Who develops phases?
PM
Draw phases
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Draw a program
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What is a project lifecycle
Beginning to end of the PHASES, in a CHART representation
Draw a portfolio
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What are the types of life cycles?
Traditional, adaptive, hybrid
What is project governance
A FRAMEWORK within a project that sets the RULES and steps for DECISIONS
What are 3 pillars of governance
People, information, structure
What are stakeholders
Individuals, groups or organizations that a may affect or be affected by the project (positively or negatively)
Who provides resources or funding
Project sponser or customer