PM
SWOT Analysis
A ________ analysis uses four considerations to help identify potential project. Strength, Weakness, Opportunities, threates
project life cycle
A collection of phases such as concept, development, implementation, and close out
Project Charter
A document that formally recognizes the existence of a project and provides direction on the project's objectives and deliverables.
Change Control Board (CCB)
A formal group of people who are responsible for approving or denying any change in scope of a project.
Structural frame
A frame that deals with how the organization is set up and focuses on different groups' roles and responsibilities to meet goals
symbolic frame
A frame that focuses on symbols, meanings, and culture of an organization
Systems Development Life Cycle (SDLC)
A framework for describing the phases involved in developing and maintaining information systems
program
A group of projects managed in a coordinated way to obtain benefits and control that are not available from managing projects
Project Management Office (PMO)
A group responsible for coordinating the project management functions throughout an organization
systems approach
A holistic approach and analytical approach to solving complex problems that includes using a systems philosophy, systems analysis, and systems management.
kick off meeting
A meeting held at the beginning of a project so that stakeholders can meet each other, review goals of the project, and discuss future plans.
project manager
A person responsible for working with the project sponsor, the project team and other people involved to meet project goals.
manager
A person who deals with the day-to-day details of meeting specific goals
leader
A person who focuses on long-term goals and big-picture objectives while inspiring people to reach those goals
Monitor & Controlling
A phase where a PM repeatedly compares progress on tasks to a baseline.
organizational culture
A set of shared assumptions, values, and behaviors that characterize the functioning of an organization.
Gantt Chart
A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in calendar form
Mind Mapping
A technique that uses branches radiating from a core idea to structure thoughts and ideas
Weighted Scoring Model
A tool that provides systematic process for selecting projects based on many criteria
Project Management Institute (PMI)
An international society for project managers
matrix organization
An organizational structure in which employees are assigned both to functional and project managers
functional organizational structure
An organizational structure that groups people by areas such as: IT, manufacturing, engineering, and human resources
project Organizational structure
An organizational structure that groups people by major projects
25%
Approximately, what is the gross percentage of the world's gross product that is spent on projects?
Opportunities
Chances to improve an organization
What Strategic Planning
Determining long term objectives for an organization
Initiating, Planning, Executing, Monitor&Controlling, Closing
Five Project Management Phases
templates
Frequently used forms and written outlines should be created into ___________ to save time.
Critical Path
Longest path through a project or network diagram that determines the earliest completion of the project.
stakeholders
People involved in or affected by project activities, When creating WBS these people should be involved.
Planning Phase
Preparing Scope, WBS, and project schedules are completed in the ________ phase.
Project Integration processes
Processes that ensure alignment and coordination across all project management knowledge areas and activities
project management knowledge areas
Project integration management, scope, time, cost , quality, human resource, communications, risk, procurement, and stakeholder management
Strategic Goals
Projects that drive change should link to overarching
Directives
Requirements imposed by Government, Management, and or some external influence
Triple Constraint
Scope,Cost,time
Systems
Sets of components working within an environment to fulfill some purpose
Support, Sunset
The Product Life Cycle has two additional phases after the four phases of a traditional project. What are those two phases
Payback period
The amount of time it will take to recoup the total dollars invested in a project.
Project Management
The application of knowledge, skills, tools and techniques to project activities to meet project requirements
IT Governance
The authority and control of key IT activities in organizations, including IT infrastructure, IT use, and project management.
project sponsor
The person who provides direction and funding for a project
Closing
The phase of a project designed to reflect on how to improve on the project if a similar one is undertaken at another time.
Initiating phase
The phase of a project where it is critical to identify the key stakeholders and project charter.
Executing
The phase of a project where the tasks on the project plan regarding creation of a product or service get completed
Return on Investment (ROI)
The result of subtracting the project costs from the benefits and then dividing by the costs is called what?
problems or issues
Undesirable situations that stop a project from meeting its goals
Executing
What Phase of a project do Project Managers spend most of their time on?
Planning
What Project Phase do Alpha Project Managers spend significantly more time on than other Project Managers?
Why are we doing this? What are we going to do? Who is impacted by this and who must be involved? What is the excepted benefit of the project? How will we know if we are done? What organizational level goals does this support? How does this project fit with other projects was/is successful?
What are 5 of the 7 key questions you should answer when Defining a project?
Concept, Development, Implementation, Closeout
What are the four phases of the traditional project?
Project Management Professional PMP
What is the certification for Project Managers that is given by the Project Management Institute?
Gantt Chart
Which of the following is not in the project charter? Name of the project manager, Budget information, Stakeholder signatures or a Gantt Chart
Project
a temporary endeavor undertaken to create a unique product, service, or result.