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Flashcards in Project Management Deck (13)
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1

Project definition

a project is a unique effort with a defined beginning and end, a specific deliverable, and specified resources

2

program management

group of related projects managed together as a unit

3

portfolio management

a collection of projects and programs managed together (bigger branch)

4

3 constraints need to be managed within a project

1. schedule
2. resources
3. scope (overal impact of the project)

5

Project Structure

1. Define and Organise the Project
2. Plan the Project
3. Manage Project Progress

6

POS

project objective statement
30-40 words
clear statement of owner, scope, schedule, and resources

7

Priority Matrix

schedule scope resources

least flexible

moderate

most

8

WBS

Work Breakdown Structure
hierarchy of all work to be accomplished on the project

9

maximum and minimum duration of tasks

3-5 days minimum
2 weeks maximum

10

Project time management

- what
- which order
- who and how long
- when

11

early finish

early finish = early start + duration - 1

12

late start

late start = late finish - duration + 1

13

slack

slack = late finish - early finish