Chapter 4 completion

involves coordinating all of the other project management knowledge areas throughout a project's life cycle.

Project integration management

_____ is the result of subtracting the project costs from the benefits and then dividing by the costs.

Return on investment

The _____ is the discount rate that results in an NPV of zero for a project

internal rate of return

are new requirements imposed by management, government, or some external influence.

Directives

factors include relevant government or industry standards, the organization's infrastructure, and marketplace conditions.

Enterprise environmental

involves identifying, evaluating, and managing changes throughout the project life cycle.

Integrated change control

_____ involves identifying and managing the points of interaction between various elements of the project

Interface management

is a technique that uses branches radiating from a core idea to structure thoughts and ideas.

Mind mapping

_____ project work includes collecting, measuring, and disseminating performance information.

Monitoring

_____ analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time.

Net present value

refer to chances to improve the organization.

Opportunities

_____ include formal and informal plans, policies, procedures, guidelines, information systems, financial systems, management systems, lessons learned, and historical information that can be used to influence a project's success.

Organizational process assets

refer to undesirable situations that prevent an organization from achieving its goals.

Problems

involves analyzing a company's strengths, weaknesses, opportunities, and threats, and is used to aid in strategic planning.

SWOT analysis

involves determining long-term objectives by analyzing the strengths and weaknesses, studying opportunities and threats, predicting future trends, and projecting the need for new products and services.

Strategic planning

A(n) _____ is a methodology that converts value drivers, such as customer service, innovation, operational efficiency, and financial performance, to a series of defined metrics.

balanced scorecard

is the approved project management plan plus approved changes.

baseline

77. A(n) _____ is a formal group of people responsible for approving or rejecting changes to a project.

change control board

A positive NPV means the return from a project exceeds the _____, the return available by investing the capital elsewhere.

cost of capital

] In project integration management, project ______ and _______ are intertwined and inseparable activities.

planning, execution

A(n) _____ is a tool that provides a systematic process for selecting projects based on many criteria.

weighted scoring model