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25 Cards in this Set

  • Front
  • Back
Six Domains of Experience
1. Initiating the Project; 2. Planning the Project; 3. Executing the Project; 4. Monitoring & Controlling the Project; 5. Closing the Project; 6. Professional and Social Responsibility
ch 1
Progressive Elaboration
Developing by Steps and continuing in increments; The refinement that project components pass through to reach thier final stage (such as a project plan)
ch 1
Most important person in the project
The Customer. He is the one the project is for


ch 1
Iron Triangle
The Triple Constraints model. If any one “side” changes, the other two should change as well. Time, Cost, Scope
The Triple Constraints model
If any one “side” changes, the other two should change as well. Time, Cost, Scope ('Iron Triange")
Scope Verification
Results of phases must be approved by customer for the formal acceptance of the project work
Project Management
Supervision and Control of the work required to complete the project vision
Nine knowledge areas
a Integration
b Scope
c Time
d Cost
e Quality
f Human Resources
g Communications
h Risk
i Procurement
Project Management Application Areas
Projects fit into different disciplines, but the approach to Project Management is similar ( Construction, IT Tech mngmt, etc.)
Management by Projects
Used in place of management by Function
Examples of Managemnt by Project
Training of employees; Markeing campaigns; Entire sales cycle for a given product/service; work done for a client outside of the org.; work done internally for the org.
Program Management
the management of multiple projects all working in unison toward a common goal
Project Portfolio Management
The collection of investments in the form of projects and programs in which the organization invests capital
Subprojects
are alternatives to Programs. Some projects not wieldy enough to require the cration of a program, but are large enough that some of the work can be defined as a subproject
Deliverable
Thing a Project creates
Programs
A collection of projects working in unison to a common goal
Work Breakdown Structure (WBS)
The visual decomposition of the project scope. It represents all the deliverables the project promises to create
Standards
...are optional
Regulations
...are required
Parametric Modeling
A model to estimate costs such as cost per ton
Management reserve
an amount of time or money reserved for projects running late or over budget
Iterative Process
Next phase of the project is not planned until current phase completes
Stage gates
Project phase completions. If phase deliverables meet preset metrics, project continues
Phase exit
Another name for completion of phase (milestones, stage gates, kill points...) Ex: sign offs, regulatory inspections, Audits, Quality metrics, performance metrics
Delphi Technique
Method of gaining anonymous consensus among stakeholders