Define: Project Management
Consists of five major processes carried out by a project manager tasked with balancing the needs and expectations of various stakeholders against the organization’s constraints.
The processes include authorization, planning, implementation, monitoring, and closing.
Define: Project charter
Document that contains a business justification to fulfill the needs and expectations of initial stakeholders by carrying out a statement of work that will achieve the project objectives.
It formally establishes a partnership between the requesting organization and the receiving organization
Define the roles of project members
They perform the project tasks
- Carrying out the work and producing the deliverables that have been defined by the project manager. (Project members may be either individuals or organizations.)
- Understanding the work that must be completed
- planning out the assigned activities in more detail if needed
- completing the work within the budget, time, and quality expectations
- proactively communicating the status of their work to the project manager
Identify the project sponsor and that role
An individual at the executive level of management who is responsible for allocating funding as well as resources to the project
Identify the executive steering committee and its role
Steering committee is to a project what the board of directors is to a company
- Both groups direct, but do not manage on a daily basis.
- A group of executive level people or external organizations charged with regular oversight of a project and taking responsibility for the business issues associated with a project
The quality of deliverables should be SMART.
Define: SMART
- (S)pecific
- (M)easurable
- (A)ttainable
- (R)elevant
- (T)ime based
