Term
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Definition
| the process of working with and through individuals and groups and other resources to accomplish organizational goals |
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Term
| Project Management Triangle |
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Definition
| Projects need to be performed and delivered under certain constraints. These constraints can be labeled "scope," "time," and "cost.” |
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Definition
| the amount of time available to complete a project |
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Definition
| the budgeted amount available for the project |
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Term
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Definition
| what must be done to produce the project's end result. |
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Term
| The five Project Management process stages are |
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Definition
1. Project initiation stage;
2. Project planning and design stage;
3. Project execution and construction stage;
4. Project monitoring and controlling systems;
5. Project completion. |
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Term
| The initiation processes determine |
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Definition
| the nature and scope of the project |
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Term
| The key to a successful project is in the |
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Definition
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Term
| Project planning generally consists of four steps |
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Definition
Step 1: Project Goals
Step 2: Project Deliverables
Step 3: Project Schedule
Step 4: Supporting Plans |
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Term
| A project is successful when the needs of the stakeholders |
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Definition
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Term
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Definition
Specific
Measurable
Attainable
Realistic
Time Based |
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Term
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Definition
| Identify by name, the individuals, and organizations with a leading role in the project. For each, describe their roles and responsibilities on the project. |
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Definition
| Create a document showing who needs to be kept informed about the project and how they will receive the information. The most common mechanism is a weekly or monthly progress report, describing how the project is performing, milestones achieved, and work planned for the next period |
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Term
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Definition
| Risk management is an important part of project management. Although often overlooked, it is important to identify as many risks to your project as possible, and be prepared if something bad happens |
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Term
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Definition
| how many delays (minutes, hours, days, even months) a project can have that will not interfere with the projected completion date. |
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Term
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Definition
| Executing consists of the processes used to complete the work defined in the project management plan to accomplish the project's requirements. Execution process involves coordinating people and resources, as well as integrating and performing the activities of the project in accordance with the project management plan. |
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Term
| Monitoring and Controlling |
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Definition
| Monitoring and controlling consists of those processes performed to observe project execution so that potential problems can be identified in a timely manner and corrective action can be taken, when necessary, to control the execution of the project |
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Term
| Monitoring and Controlling includes the following |
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Definition
- Measuring the ongoing project activities (where we are);
- Monitoring the project variables (cost, effort, scope, etc.) against the project management plan and the project performance baseline (where we should be);
- Identify corrective actions to address issues and risks properly (How can we get on track again);
- Influencing the factors that could circumvent integrated change control so only approved changes are implemented |
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Term
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Definition
| formal review of what went well with the project and what didn’t go so well. It should include all aspects of the project: objectives review, performance criteria, financial criteria, resource utilization, slips and gains of time, quality of work, adherence to the project definition and plan. |
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