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PMP PM Framework Def
Terms: Project Management Framework, Overview, Concepts
Term | Definition |
---|---|
Project Team | Responsible for technical execution and may also be involved in project management activities |
Application area | Category of projects that share common and specific characteristics |
Project life cycle | Collection of phases that the project must go through from its beginning to its closing |
Portfolio | Group of projects or programs coordinated to implement the business strategy |
Functional or line manager | Manager responsible for the work of a business function, business line, or organization unit |
Sponsor | Manager who provides the financial resources, promotes the project, and plays a significant role on the project charter development. |
Balanced matrix organization | Matrix organization where the authority is evenly shared between functional manager and project manager |
Project management team | Members of the project team directly involved in project management work |
Matrix organization | |
Projectized organization |