MIS Chapter 1
project and portfolio management software
Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called enterprise project management software
enterprise project management software
Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called portfolio project management software
leader
a person who focuses on long - term goals and big - picture objectives while inspiring people to reach those goals
ethics
a set of principles that guides decision making based on personal values of what is considered right and wrong
best practice
an optimal way recognized by industry to achieve a stated goal or objective
project management office
an organizational group responsible for coordinating the project management function throughout an organization
Gantt chart
A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a calendar format; sometimes referred to as bar charts
project
A temporary endeavor undertaken to create a unique product, service, or result.
triple constraint
Balancing scope, time, and cost goals
project management professional
Certification provided by PMI that requires documenting project experience and education, agreeing to follow the PMI code of ethics, and passing a comprehensive exam
stakeholders
People involved in or affected by project activities
project management knowledge areas
Project integration management, scope, time, cost, quality, human resource, communications, risk, procurement, and stakeholder management
project manager
The person responsible for working with the project sponsor, the project team, and the other people involved in a project to meet project goals
project sponsor
The person who provides the direction and funding for a project
program
A group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually.
manager
A person who deals with the day-to-day details of meeting specific goals
program manager
A person who provides leadership and direction for the project managers heading the projects within a program
project management institute
An international professional society for project managers
project management tools and techniques
Methods available to assist project managers and their teams; some popular time-management tools include Gantt charts, network diagrams, and critical path analysis
project management
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements
project portfolio management
When organizations group and manage projects as a portfolio of investments that contribute to the entire enterprise's success
critical path
the series of activities in a network diagram that determines the earliest completion of the project; it is the longest path through the network diagram and has the least amount of slack or float