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Project Management Chapter 3
PMBOK 5th Ed Review Chapter Three
28
Business
Professional
11/16/2013

Additional Business Flashcards

 


 

Cards

Term

 

 

Process

Definition

 

 

A set of interrelated actions and activities performed to create a pre-specified product, service or result.

Term

 

 

2 Project Processes

Definition

 

 

Project Management Processes

 

Product-Oriented Processes

Term

 

 

Project Management Processes

Definition

Ensure the effective flow of the project throughout its life cycle.

 

Encompass the tools and techniques involved in applying the capabilities described in the Knowledge Areas.

Term

 

 

Product-Oriented Processes

Definition

Specify and create the project's product. 

 

Defined by the project life cycle and vary by application area as well as the phase of the product life cycle.

Term

 

 

Tailoring

Definition

 

Project managers and their teams should carefully address each process and its inputs and outputs and determine which are applicable to the project they are working on.

Term

 

 

Process Groups Interact in a

Phase or Project

Definition
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Term

 

 

Initiating Process Group

Definition
Those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase.  Helps to keep the project focused on the business need that the project was undertaken to address.
Term

 

 

Project Boundary

Definition

 

 

The point in time at which the start or completion of the project phase is authorized.

Term


Work Performance Data

Definition


The initial measurements and details about activities gathered during project work (executing).

Term


Work Performance

Information

Definition

Work performance data that is analyzed during the controlling process to make sure they conform to the project management plan and to assess whta they mean for the project as a whole

Term


Work Performance Reports

Definition
Work performance information that is organized into reports which are distributed to the various stakeholders who need to receive and possibly act on the information.  They are the output of the Monitor and Control Project Work
Term


Planning Process Group

Definition
Establishes the scope of the project, refines the objectives and defines the course of action required to attain the objectives that the project was undertaken to achieve.
Term

 

Executing Process Group

Definition

Processes performed to complete the work defined in the project management plan to satisfy the project specifications.

Coordinating people and resources, managing stakeholder expectations, integrating and performing the activities of the project in accordance with the project management plan.

Term

 

Monitoring and Controlling Process Group

Definition
Processes required to track, review and regulate the progress and performance of the project. Occur at the same time as processes contained within other process groups. It identifies any areas in which changes to the plan are required and initiates the corresponding changes.  Provides the project team insight into the health of theproject and identifies any areas requiring additional attention.
Term

 

Closing Process Group

Definition


Processes performed to finalize all activities across all process groups to formally close the project or phase.  Formally establishes that the project or project phase is complete.  Prematurely closes aborted,cancelled and projects having critical situations.

Term


Process Group Structure

Definition
  • Guides for applying appropriate project management knowledge and skills during the project.
  • Seldom either discrete or one-timeevents
  • Overlapping activities that occur throughout the project
  • Used to effectively drive the project to completion in a controlled manner
Term

 

Official Authorization of a Project

Definition

 

When the project charter is approved

Term


Knowledge Areas

Definition

A complete set of concepts, terms and activities that makes up the professional field, project management field or area of specialization.

   Integration            Human Resources

   Scope                   Communications

   Time                     Risk

   Cost                      Procurement

   Quality                  Stakeholders

Term

 

Integration Managment

Definition
  • Develop Project Charter
  • Develop Project Management Plan
  • Direct and Manage Project Work
  • Monitor and Control Project Work
  • Perform Integrated Change Control
  • Close Project or Phase
Term

 

Scope Management

Definition
  • Plan Scope Management
  • Collect Requirements
  • Detail Scope
  • Create WBS
  • Validate Scope
  • Control Scope
Term

 

Time Management

Definition
  • Plan Schedule Management
  • Define Activities
  • Sequence Activities
  • Estimate Activity Resources
  • Estimate Activity Duration
  • Develop Schedule
  • Control Schedule
Term


Cost Management

Definition
  • Plan Cost Management
  • Estimate Cost Management
  • Determine Budget
  • Control Costs
Term


Quality Management

Definition
  • Plan Quality Management
  • Perform Quality Assurance
  • Control Quality
Term


Human Resources

Definition
  • Plan Human Resource Management
  • Aquire Project Team
  • Develop Project Team
  • Manage Project Team
Term


Communication Management

Definition
  • Plan Communication Management
  • Manage Communications
  • Control Communications
Term


Risk Management

Definition
  • Plan Risk Management
  • Identify Risk
  • Perform Qualitative Risk Analysis
  • Perform Quantitative Risk Analysis
  • Plan Risk Responses
  • Control Risks
Term


Procurement Management

Definition
  • Plan Procurement Management
  • Conduct Procurements
  • Control Procurements
  • Close Procurements
Term


Stakeholder Management

Definition
  • Identify Stakeholders
  • Plan Stakeholder Management
  • Manage Stakeholder Engagement
  • Control Stakeholder Engagement
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