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PREDICTIVE Terms 2

TermDefinition
PROJECT BOSSES - SPONSOR - PROGRAM MANAGER
SPONSOR CHARACTERISTICS - INTERNAL OR EXTERNAL - PROJECT CHAMPION - FUNDS THE PROJECT - MAKES DECISIONS
PROGRAM MANAGER CHARACTERISTICS - SENIOR TO PM - MAY BE RESPONSIBLE FOR SEVERAL PROJECTS EXECUTED AT THE SAME TIME - MAY BE USED TO RESOLVE CONFLICTS IN THE PROJECT
ENCOMPASSES STRATEGIC PLANNING, DEVELOPMENT, & LIFECYCLE MANAGEMENT OF A PRODUCT OR SERVICE PRODUCT MANAGEMENT
PROJECT AREAS - SCOPE - SCHEDULE - COST - QUALITY - RESOURCES - COMMUNICATIONS - RISK - PROCUREMENTS - STAKEHOLDER ENGAGEMENT
WORK TO BE DONE SCOPE
TIME TO GET THE WORK DONE SCHEDULE
BUDGET OF THE WORK COST
CUSTOMER SATISFACTION OF THE WORK QUALITY
MANAGING THE PEOPLE & RESOURCES RESOURCES
ALL STAKHOLDERS GET CORRECT INFORMATION AT THE RIGHT TIME COMMUNICATIONS
IDENTIFYING & RESPONDING TO RISK OVER THE LIFECYCLE OF THE PROJECT RISK MANAGEMENT
ACQUIRING RESOURCES FROM OUTSIDE THE PROJECT TEAM PROCUREMENTS
KEEPING ALL STAKEHOLDERS ACTIVE & ALERT ON THE PROJECT STAKEHOLDER ENGAGEMENT
POTENTIAL EVENTS OR SITUATIONS THAT MAY OCCUR IN THE FUTURE & HAVE AN IMPACT ON THE PROJECT'S SUCCESS RISKS DEFINITION
PROBLEMS OR CHALLENGES THAT ARISE DURING THE COURSE OF A PROJECT ISSUES
STATEMENTS OR BELIEFS THAT ARE CONSIDERED TO BE TRUE OR VALID FOR THE PURPOSE OF PLANNING OR DECISION-MAKING ASSUMPTIONS
LIMITATIONS OR RESTRICTIONS THAT AFFECT PROJECT PLANNING & EXECUTION CONSTRAINTS
PROJECT CONSTRAINTS - SCOPE - SCHEDULE - COST - RISK - QUALITY - RESOURCES
LINEAR & SEQUENTIAL PROCESS WITH DETAILED UPFRONT PLANNING & DOCUMENTATION OF SCOPE, OBJECTIVES, TIMELINES, & DELIVERABLES PREDICTIVE APPROACH
FLEXIBLE, COLLABORATIVE, & ITERATIVE PROCESS WITH CHANGE EMBRACED THROUGHOUT ADAPTIVE APPROACH
FOCUSES ON TASKS, PROCESSES, & OPERATIONS TO ENSURE EFFICIENT EXECUTION MANAGEMENT
LEADERSHIP QUALITIES - INSPIRE & INFLUENCE OTHERS - SET DIRECTION, MOTIVATE, & EMPOWER OTHERS - ENCOURAGE, TRUST, EMPOWER, & COLLABORATE WITH OTHERS
FOUNDATIONAL QUALITIES FOR STRATEGY, DECISION-MAKING, & PROBLEM SOLVING PROJECT MANAGEMENT PRINCIPLES
PMI IS BASED ON THESE PRINCIPLES: - RESPONSIBILITY - RESPECT - FAIRNESS - HONESTY
PMI PRINCIPLES 1-4 1. BE DILIGENT, RESPECTFUL, & CARING STEWARD 2. CREATE COLLABORATIVE PROJECT TEAM ENVIRONMENT 3. EFFECTIVELY ENGAGE W/ STAKEHOLDERS 4. FOCUS ON VALUE
PMI PRINCIPLES 5-8 5. RECOGNIZE, EVALUATE, & RESPOND TO SYSTEM INTERACTIONS 6. DEMONSTRATE LEADERSHIP BEHAVIORS 7. TAILOR BASED ON CONTEXT 8. BUILD QUALITY INTO PROCESSES & DELIVERABLES
PMI PRINCIPLES 9-12 9. NAVIGATE COMPLEXITY 10. OPTIMIZE RISK RESPONSES 11. EMBRACE ADAPTABILITY & RESILIENCY 12. ENABLE CHANGE TO ACHIEVE THE ENVISIONED FUTURE STATE
ACT OF TAKING CARE OF OR MANAGING SOMETHING - FOR EXAMPLE, PROPERTY, AN ORGANIZATION, MONEY, OR VALUABLE OBJECTS STEWARDSHIP
4 CORE QUALITIES OF STEWARDSHIP - INTEGRITY - CARE - TRUSTWORTHINESS - COMPLIANCE
PROJECT TEAMS GET AFFECTED BY: - TEAM AGREEMENTS - ORGANIZATIONAL STRUCTURES - PROCESSES
HOW SHOULD YOU INTERACT W/ STAKEHOLDERS? ENGAGE THEM PROACTIVELY & TO THE POINT NEEDED TO CONTRIBUTE TO PROJECT SUCCESS & CUSTOMER SATISFACTION
ULTIMATE INDICATOR OF PROJECT SUCCESS VALUE PRINCIPLE
BUSINESS ALWAYS CONTAINS AT LEAST THESE ELEMENTS: - BUSINESS NEED - PROJECT JUSTIFICATION - BUSINESS STRATEGY
TAKING A WHOLISTIC VIEW OF HOW PROJECT PARTS INTERACT WITH EACH OTHER AND WITH EXTERNAL SYSTEMS SYSTEMS THINKING PRINCIPLE
MOTIVATE TEAM & DEMONSTRATE DESIRED BEHAVIOR IN AREAS OF HONESTY, INTEGRITY, & ETHICAL CONDUCT LEADERSHIP PRINCIPLE
DESIGN THE PROJECT DEVELOPMENT METHODS BASED ON THE NEEDS OF THE PROJECT & ITS OBJECTIVES, STAKEHOLDERS, GOVERNANCE, & THE ENVIRONMENT TAILORING PRINCIPLE
MEETING THE ACCEPTANCE CRITERIA FOR DELIVERABLES QUALITY PRINCIPLE
DIMENSIONS OF QUALITY - PERFORMANCE - CONFORMITY - RELIABILITY - RESILIENCE - SATISFACTION - EFFICIENCY - SUSTAINABILITY
Created by: justin.olive1
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