Project+ 3 Flashcards
(11 cards)
Milestones
Major events in a project that are used to measure progress
Planning Process
- Develop a project schedule
- Create a work breakdown schedule
- Determine resources
- Identify and plan for detailed risks
- Determine project requirements
- Write a communication plan
- Develop a procurement plan if utilizing resources outside the organization
- Develop a change management plan
- Define the project budget
Deliverables
Output or result that must be completed in order to consider the project complete
Initiation Process
- Creating the Project Charter
- Creating a business case and justification
- Defining a high-level scope definition
- Identifying high-level risks
Project Management Phases
- Initiation
- Planning
- Executing
- Monitoring and Controlling
- Closing
Project Charter
Formally approves the project and authorizes work to begin
Monitoring and Controlling Process
- Monitoring the risks/ issues log
- Performance measuring and reporting
- Performing quality assurance/ governance activities
- Administering the change control process
- Monitoring the budget
Project Description
Describes the characteristics of the product, service, or result of the project
Closing Process
- Integration plan
- Transition
- Lessons Learned
- Project signoff
- Close contracts
- Releasing resources
- Archiving documents
Key elements of Project Charter
- Project goals and objectives
- Project description
- Problem statement
- Key project deliverables
- High-Level milestones
- High-Level cost estimates
- Stakeholder identification
- High-level assumptions
- High-level constraints
- High-level risks
- Name of the project manager and their authority level
- Name of the sponsor
Goal and Objective
Specific and Measurable