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