Schwalbe Chapter 2

Ace your homework & exams now with Quizwiz!

Common Techniques for Selecting Projects

- focusing on competitive strategy and broad organisational needs - performing net present value analysis or other financial projections - using a weighted scoring model - implementing a balanced scorecard - addressing problems, opportunities and directives - considering project time frame - considering project priority

Project Selection (4 categories)

1. Meeting regulatory, legal or social requirements 2. Satisfying stakeholders needs or requests 3. Implementing or changing business or technological strategies 4. creating, improving or fixing products, processes or services

Project Planning Process (4 - stages)

1. strategic planning 2. business area analysis 3. project planning 4. resource allocation

DMAIC (Six Stigma)

Define, Measure, Analyze, Improve, Control - existing business process

DMAIV (Six Stigma)

Define, Measure, Analyze, Improve, Verify - new business process

Software Development Life Cycle

Framework for process with gates of approval before next phase

rational unified process (RUP) methodology

Provides a framework for breaking down the development of software into four gates

Agile and Scrum

Short bursts of work, delivering code in 2-4 weeks of work. Scrum is short daily meeting to discuss what was done, yesterday, today and tomorrow.

PRINCE2

What methodology was developed in the U.K., defines 45 separate subprocesses, and organizes these into eight process groups? a. Six Sigma b. RUP c. PMBOK® Guide d. PRINCE2

Mind mapping

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

Agile

able to move quickly and easily

Strategic Planning

involves determining long-term objectives by analyzing the strengths and weaknesses of an organisation, studying opportunities and threats in the business environment, predicting future trends and projecting the needs of new products and services.

SWOT analysis

strengths, weaknesses, opportunities, threats

Waterfall

traditional plan, well defined linear work, dependant on previous group of work


Related study sets

How the AIDS Virus Can Affect an Infected Person

View Set

UCO Personal Finance Exam 2 - Anderson

View Set

Chapter 7b OOSAD: Activity Diagrams

View Set

Intro. to Business Chapters 7, 8, & 9

View Set

Electronic Communication Privacy Act (ECPA)

View Set