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106 Project Managem

Business Management 1

TermDefinition
Business operations the day to day activities needed for continued business functioning
deliverable the result a project is created to achieve
dynamic changeable
feasible reasonable : achievable
governance mechanism rule or regulation used to ensure that a project stays on track and meets its requirements
lessons learned document a project end summary of what went well what didn't go well and how to improve in the future
project a short term undertaking that creates a unique good or service
project champion a projects sponsor a person who has the ability and the authority to assist the project manager in getting the job done
project charter a formal document that officially authorizes a project to get underway
project close the 5th stage of the project management process; includes wrapping up the project, delivering the end product to get underway
project creep a problem wherein the scope of a project keeps getting bigger and bigger
project execution the third stage of the project management process; include carrying out the actual project work
project initiation the first stage of the project management process, includes all of the activities required for starting up a project
project management the skills, tools, and processes used to plan, execute, and control the elements of a project
project manager person responsible for overseeing al of the activities that are apart of the project
project monitoring and controlling the 4th stage of the project management process; making sure the project stays on track
Created by: alexander.s132
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