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Project Management

DECA

TermDefinition
Project Charter Short document that formally authorizes a project.
Statement of Work (SOW) Detailed document defining products/services to deliver. ○ Often legally binding.
Project Scope Boundaries: goals, deliverables, tasks, timeline, budget.
“Crashing” a Project Shortening timeline by adding resources to critical tasks.
Deliverables Tangible/intangible outcomes of a project (products, reports, services).
Critical Path Method (CPM) Identifies the longest sequence of dependent tasks; delays here delay the project.
Critical Chain Method (CCM) Schedules projects based on resource constraints, adds buffers to protect timeline.
8/80 Rule Work packages should take 8–80 hours to complete.
Project Management Steps Initiation → Planning → Execution → Monitoring/Control → Closure
Supply Chain Management (SCM) Coordinating activities to move product to customer. ○ Key parts: Planning, sourcing, manufacturing, logistics, returns.
PDCA Cycle Plan → Do → Check → Act for continuous improvement.
Gantt chart visual tool to plan/track tasks over time. Tasks are listed on the left, time runs across the top, horizontal bars show how long each task takes
CMMI Capability Maturity Model Integration - a framework guiding organizations to improve processes, moving through five levels that go from unstable improvement to big improvement: Initial, Managed, Defined, Quantitatively Managed, and Optimizing
SMART goals a framework used to create clear and achievable objectives. Specific (clearly defined), measurable (able to track progress), achievable (realistic), relevant (aligned with business goals), and time-bound (set within a specific timeframe).
Created by: HeatherLee0511
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