Term
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Definition
| - a formal document that describes established norms, methods, processes and practices |
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Term
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Definition
| -the knowledge and practice described are applicable to most projects most of the time and there is a consensus about the value and usefulness. |
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Term
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Definition
- a general agreement that the application of knowledge, skills, tools and techniques can enhance the chances of success over many projects.
- doesn't mean that the knowledge described should always be used for all projects, team is responsible for determining what is appropriate. |
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Term
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Definition
- temporary endevor to create a unique product, service or result.
- has a definite beginning and end
- may be terminated if objectives are not met |
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Term
| Relationship Between Portfolios, Projects and Programs |
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Definition
| - a portfolio refers to a collection of projects, programs, subportfolios and operations managed as a group to achieve strategic objectives. |
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Term
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Definition
- the application of knowledge, skills, tools and techniques to project activities to meet the project requirements.
- accomplished through the application and integration of project management processes that are categorized by Process Groups |
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Term
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Definition
- Initiating
- Planning
- Executing
- Monitoring and Controlling
- Closing |
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Term
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Definition
- continuously improving and detailing a plan as more detailed and specific information and more accurate estimates become available
- allows a team to define work and manage it to a greater level of detail as the project evolves |
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Term
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Definition
| - a group of related projects, subprograms and program activites managed in a coordinated way to obtain benefits not available from managing them individually. |
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Term
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Definition
| - the application of knowledge, skills, tools and techniques to a program in order to meet the program requirements and to obtain benefits and control not available by managing projects individually |
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Term
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Definition
| - projects, programs, subportfolios and operations managed as a group to achieve strategic pbjectives. |
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