Shared Flashcard Set

Details

PMI_CAPM (CH1)
CAPM Certification
14
Management
Professional
08/01/2009

Additional Management Flashcards

 


 

Cards

Term
what is a project ?
Definition
temporary endeavor to create a unique product, service, or result
Term
Progressive elaboration
Definition
progressing through steady, incremental steps.
Term
PMBOK Proj Mgmt
Definition
the application of knowledge, skills, tools, and techniques to meet project requirements."
Term
Managing a project centers on four things:
Definition
•Identifying your project's requirements

•Establishing clearly defined project objectives

•Managing project stakeholders by adapting your plans and approaches to keep those folks happy and the project moving along

•Keeping scope, schedule, costs, and quality all in balance
Term
Project Triangle, Triple Constraints of Project Management
Definition
three constraints of scope, time, and cost
Term
To be an expert in project management
Definition
•The Project Management Body of Knowledge

•Expertise in your application area and an understanding of the relevant standards and regulations

•An understanding of the environment in which your project takes place in

•General management knowledge and skills

•The ability to deal with people (your interpersonal skills)
Term
Project Environment
Definition
location and culture where the project will operate
Term
Cultural and Social Environment
Definition
understand the economic, educational, ethical, religious, demographic, and even the ethic composition of the people your project affects
Term
International and Political Environment
Definition
consider the international and local laws of where your project will operate and how the conditions of the project may vary based on where the work is being completed. Need to consider things like languages, time zone differences, holidays, travel issues, non-collocated teams, and the headaches with video and teleconferences
Term
Physical Environment
Definition
consider the ecology; geography; and environmental concerns, laws, and risks that are associated with these changes
Term
Project Management Context
Definition
umbrella within an organization: project portfolio management, project offices, or programs. The project management context describes all the different environments where a project may reside
Term
Working with Programs
Definition
program is a collection of related projects organized to gain benefits from the projects collectively that wouldn't be realized if the projects were managed independently. projects are usually contributing one major deliverable and can work together to save time, effort, and dollars.
Term
Opening Your Portfolio
Definition
Project portfolio management is the selection, management, and collection of projects within an organization. portfolio of projects defines the rules for selecting, maintaining, and even funding the projects within an organization. Project portfolio management defines the projects that should be selected based on need, risk and reward, return on investment, and practically any other issues an organization identifies.project managers aren't usually directly involved in project portfolio management.
Term
Project Management Offices
Definition
PMO, oversees all of the projects within an organization and supports all of the project managers within an organization. PMOs can be organized to manage all projects within an organization, within departments, or even by the nature of the project work. PMOs support the project manager and the project team through software, training, templates, standardized policies, and procedures. PMOs often coordinate communications across projects, offer mentoring to project managers, and help resolve issues between project team members, project managers, and stakeholders. Project managers working with a PMO typically report to a chief project officer or program officer, depending on the organizational structure.
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