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PM Chpt 1

Vocab for chpt 1

TermDefinition
Project Manager The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives
Project Management The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
Stakeholder An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio.
Portfolio Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.
Project Management Plan The document that describes how the project will be executed, monitored and controlled, and closed.
Product Scope The features and functions that characterize a product, service, or result.
Governance The framework for directing and enabling an organization through its established policies, practices, and other relevant documentation
Budget The approved estimate for the project or any work breakdown structure (WBS) component or any schedule activity.
Work Breakdown Structure (WBS) A hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables.
Change Management A comprehensive, cyclic, and structured approach for transitioning individuals, groups, and organizations from a current state to a future state with intended business benefits.
Project Schedule An output of a schedule model that presents linked activities with planned dates, durations, milestones, and resources.
Deployment Plans how a completed product will be deployed
Created by: GW23
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