Definitions Flashcards

(50 cards)

1
Q

Project

A

A temporary endeavour undertaken to create a unique product, service or result.

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2
Q

Predictive/traditional project

A

PLAN the project.
DO the project.

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3
Q

Increment

A

Delivery of working product in pieces

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4
Q

Iterative

A

Repeated cycles

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5
Q

Requirements

A

What stakeholders want and need

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6
Q

Temporary

A

Start date and end date

OPP: Ongoing, continuing, repetitve, open-ended

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7
Q

Endeavours

A

As much as necassary. Tailoring to the uniqueness of the project.

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8
Q

Product

A

An item for sale to customers

Physical or virtual

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9
Q

Operations

A

Activities that occur repetitively and produce deliverables that are similar.

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10
Q

Project-based operations

A

Enhancing operations by treating each deliverable as a project.

EX: Customising each car for a specific customer

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11
Q

Functional Manager

A

A functional manager is a manager who is responsible for one specific department (function) in an organization.

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12
Q

Operations manager

A

Resposnible for ensuring that business operations are efficient.

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13
Q

Project benefits

A

The value created for the stakeholders as the result of a successful completion of a project.

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14
Q

Enterprise Environmental Factors (EEFs)

A

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.

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15
Q

Organisational Process Assets (OPAs)

A

An asset is a useful or valuable entity or property owned by a person or company

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16
Q

Project management

A

The application of knowledge, skills, tools and techniques to project activities to meet project requirements.

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17
Q

Artifacts

A

Deliverables or outputs produced during a project

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18
Q

Project manager

A

The person assigned by the performing organisation to lead the team that is responsible for achieving the project objectives.

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19
Q

Talent traingle

A

The ideal skill set for project managers that combines ways of working, business acumen and power skills.

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20
Q

Business Acumen

A

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.

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21
Q

Power skills

A

Interpersonal skills provide successful leadership of the project as well as making sure the team is getting things done as needed.

22
Q

Authority

A

A position of control given to individuals within an organisation to foster overall effective and efficient function

23
Q

Emotional Intelligence (EI)

A

EI is the capability to uderstand and manage, not only your own emotions, but also the emotions of others.

24
Q

Emotional Quotient (EQ)

A

The actual, practical application of these skills (EI)

25
Program
Related projects, subsidiary programs, and program activities that are managed in a coordinated manner to obtain benefits not available from managing them individually.
26
Program management
The application of knowledge, skills and principals to a program to achieve the program objectives and obtain benefits and control not available by managing program components individually.
27
Portfolio
A collection of projects or programs and other work that are grouped together to facilitate effective management to meet strategic business objectives.
28
Project Management Office (PMO)
A management structure that standardises the project-related governance processes and facilitates the sharing of resources, methodologies, tools and techniques.
29
Project Performance Domains
An integrated system to enable successful delivery of the project and intended outcomes.
30
Project life cycle
The series of phases that a project passes through from start to completion ## Footnote Project life cycle consistes of phases
31
Project phase
A collection of logically related project activities that culminates in the completion of one or more deliverables ## Footnote Phases consist of activities, deliverables and milestones
32
Deliverable
Any unique and verifiable product, result ot capability to perform a sevice that is required to be produced to complete a process, phase or project | Define the project
33
Development approach
A method used to create and evolve the product, service or result during the project life cycle (predictive, iterative, incremental, adaptive, hybrid).
34
Deliverable cadence
A rhythm of activities conducted throughout the project
35
Development approach and life cycle
The Development Approach and Life Cycle Domain addresses activities and functions associated with the development approach, cadence and life cycle phases of the project
36
Planning Performance Domain
The Planning Performance Domain addresses activities and functions associated with the initial, ongoing and evolving organisation and coordination necessary for delivering project deliverables and outcomes.
37
Stakeholder
An individual, group or organisation that may affect, be affected by, or percieve itself to be affected by a decision, activity or outcome of a project, program or portfolio.
38
Stakeholder engagement
It is the process of communicating and working with stakeholders to meet their needs and expectations, address issues and foster appropriate stakeholder involvement.
39
Stakeholder communications
Stakeholder communications refers to the patterns of exchanging information and knowledge between team members.
40
Communication model
Systematic procedure, technique, or process used to transfer information among project stakeholders.
41
Stakeholder register
A stakeholder register is a document that includes the identification, assessment and classification of project stakeholders.
42
Stakeholder analysis
A method of systematically gathering and analysing quantitative and qualitative information to determine whose interests should be taken into account throughout the project.
43
Team performance domain
Addresses activities and functions associated with the people responsible for producing deliverables that realise business outcomes
44
Project Management team
The members of the project team who are directly involved in project management activities
45
Project Team
A set of individuals performing the work of the project to achieve its objectives
46
Sponsor
A person or group who provides resources and support for the project, program, or portfolio and is accountable for enabling success
47
Scope/scope document
The complete description of all the products and services in the project
48
Work Breakdown Structure (WBS)
A hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables.
49
WBS Dictionary
The document that provides detailed deliverable, activity and scheduling information about each component in the WBS
50
Estimation
The process of forecasting the duration and cost of completing all project deliverables.