Project
A temporary endeavour undertaken to create a unique product, service or result.
Predictive/traditional project
PLAN the project.
DO the project.
Increment
Delivery of working product in pieces
Iterative
Repeated cycles
Requirements
What stakeholders want and need
Temporary
Start date and end date
OPP: Ongoing, continuing, repetitve, open-ended
Endeavours
As much as necassary. Tailoring to the uniqueness of the project.
Product
An item for sale to customers
Physical or virtual
Operations
Activities that occur repetitively and produce deliverables that are similar.
Project-based operations
Enhancing operations by treating each deliverable as a project.
EX: Customising each car for a specific customer
Functional Manager
A functional manager is a manager who is responsible for one specific department (function) in an organization.
Operations manager
Resposnible for ensuring that business operations are efficient.
Project benefits
The value created for the stakeholders as the result of a successful completion of a project.
Enterprise Environmental Factors (EEFs)
These are the conditions that are not under the immediate control of the project team, but they influence, constrain, or direct the project, program or portfolio.
Organisational Process Assets (OPAs)
An asset is a useful or valuable entity or property owned by a person or company
Project management
The application of knowledge, skills, tools and techniques to project activities to meet project requirements.
Artifacts
Deliverables or outputs produced during a project
Project manager
The person assigned by the performing organisation to lead the team that is responsible for achieving the project objectives.
Talent traingle
The ideal skill set for project managers that combines ways of working, business acumen and power skills.
Business Acumen
The ability to understand the high-level overview of the organisation and effectively negotiate and implement decisions and actions that support strategic alignment and innovation.
Power skills
Interpersonal skills provide successful leadership of the project as well as making sure the team is getting things done as needed.
Authority
A position of control given to individuals within an organisation to foster overall effective and efficient function
Emotional Intelligence (EI)
EI is the capability to uderstand and manage, not only your own emotions, but also the emotions of others.
Emotional Quotient (EQ)
The actual, practical application of these skills (EI)