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C722 - module 15
Project Management
| Term | Definition |
|---|---|
| Project evaluation and review technique (PERT) | used to estimate activity duration times. It uses a statistical approach to estimate the time that will be required to complete project work activities |
| Critical path method (CPM) | also used for estimating project activity durations, but assumes that the estimates do not vary and time can be reliably estimated |
| Critical chain project management (CCPM) | focuses on managing the uncertainties of a project. It assumes that resources available to complete the project are in limited supply and it specifically plans to ensure resource availability |
| Waterfall method | is a traditional practice which found its best use in software and hardware development. In this method, the project work flows downward like water falling over a ledge |
| Projects in controlled environments version 2 (PRINCE2) | is a highly structured project management method which focuses on the specification of the outputs rather than the coordination of activities (PMBOK) |
| complexity in PM | many parts contribute to the project outcomes and the outcome itself may be many complicated or interrelated parts. |
| uncertainty in PM | can come into project management with regard to the desired outcome or the technologies and processes that will be used to generate the outcome |
| project processes | initiating, planning, executing, monitoring & controlling, closing |
| traditional methods | the path from project beginning to project end is linear and sequential steps are followed—define, plan, execute, close |
| agile methods | is an iterative approach to project management where the project team works closely with the customer to deliver projects in usable chunks |
| scrum | to develop a project process in which a cross-functional team worked closely together to create continuous improvements |
| extreme project management methods | are approaches to address issues of extraordinary uncertainty or complexity |
Created by:
drister05
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