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PROJMAN - L1
Introduction to Project Management
| Question | Answer |
|---|---|
| can either be a component of another item or an end item itself | A product |
| business function supporting a production or distribution | A capability perform a service |
| refers to an output from performing project management processes and activities | A result |
| Triple Constraint | SCOPE TIME COST |
| • “What work should be done?” | SCOPE |
| • “How long will it take to complete?” | TIME |
| “How much does it cost?” | COST |
| includes the knowledge, skills, methods, techniques, and tools needed in planning and managing project work. | Project management |
| involved in or affected by project activities • include project sponsor, project team, support staff, customers, users, suppliers, and opponents of the project | Stakeholders |
| specify the key competencies that must be developed by project managers | knowledge areas |
| aid project managers and their teams in implementing the nine knowledge areas | tools and techniques |
| Project met scope, time, and cost goals | Project success criteria |
| is a collection of projects or programs and other works that are grouped together to facilitate an effective management of that work to meet strategic business objectives. | portfolio |
| the centralized management of one or more portfolios that includes identifying, prioritizing, authorizing, managing, and controlling projects, programs, and other work-related in order to achieve specific strategic business objectives | Portfolio management |
| refers to a group of related projects that is managed in a coordinated way to acquire benefits not available from managing them individually | Program |
| in charge of managing a specific project, and is expected to meet the approved objectives of a project, including project scope, cost, and time | Project manager |
| Skills of a Project Manager | People skills Integration skills Technical skills Knowledge of the organization |