Quizlet project management chapter 2 A structured process for managing a multitude of projects is most commonly referred to as: A. D) Project selection should be clearly aligned with strategy. Study with Quizlet and memorize flashcards containing terms like Why do project managers need to understand changes in the organization's mission and strategy?, Strategic Management, Responding to changes and more. A) Strategy determines how an organization will compete. 5. Study with Quizlet and memorize flashcards containing terms like The initiating phase of the project life cycle starts with the recognition of a, Project selection involves (1) potential projects, and then (2) which of these should move forward to be (3). process of determining long-term objectives by analyzing the strengths and weaknesses of an organization, studying opportunities and threats in the business environment, predicting future trends, and projecting the need for new products and services A project that is a favorite of a powerful management figure who is usually the champion for the project. The waterfall approach is an example of a predictive life cycle model. Study with Quizlet and memorize flashcards containing terms like What are the 3 goals of every IT project?, What are the 3 main reasons for project failure?, Once a project is approved, the project manager must do these 4 things: and more. Study with Quizlet and memorize flashcards containing terms like A structured process for managing a multitude of projects is most commonly referred to as:, The most common terminology for a reusable project management methodology is:, The major behavioral issue in getting an organization to accept and use a project management methodology effectively is: and more. They have final decision-making authority for the project, help with marketing the benefits of the project, remove roadblocks for the team, and participate in business case justification. Preparation for CAPM leading to PMP certification Learn with flashcards, games, and more — for free. The project initiation stage is situated at the very start of the project management life cycle. 2. It involves planning, organizing, and controlling all aspects of a project, including scope, time, cost, quality, communication, and risk management. is a collection of generally sequential and sometimes overlapping project phases whose name and number are determined by the management and control needs of the organization or organizations involved in the project, the nature of the project itself, and its area of application. This approach is also known as the agile project management methodology. Study with Quizlet and memorize flashcards containing terms like What are the relative advantages and disadvantages of the functional, matrix, and dedicated team approaches to managing projects?, Under what conditions would it be advisable to use a strong matrix instead of a dedicated project team?, . , True or false: How a project manager responds to project delays should be based on the impact on strategic concerns. Oct 11, 2024 · Study with Quizlet and memorize flashcards containing terms like compensatory consumption, Self-congruence models, relevant cost and more. Study with Quizlet and memorize flashcards containing terms like Project managers perform both _____ and _____ functions, Process functions, Parts of project initiation and more. Study with Quizlet and memorize flashcards containing terms like Why should a systems analyst be interested in strategic planning?, List four factors involved in a SWOT analysis. A) the most profit. B)better utilization of the organization's resources. C)Only top management must understand strategy. , A business process is a collection of related, structured business activities or tasks in a specific order that produce a specific service or product for a customer, Delivery is one of the PMBOK process groups. Study with Quizlet and memorize flashcards containing terms like Definition of Project Management, What does project management entail?, Project Clarification includes these 5 things? and more. , ____ describes how an organization intends to compete with the resources available in the existing and perceived future . Main goal of the stage: To reduce the amount of uncertainty to an appropriate level to make a final decision on whether to approve the project or not. Develop Project Charter 2. Template B. , A _____ is a collection of project Implementation gap: executives and functional managers have different information Politics: Who is proposing a project outweighs the value of the project Competing resources Project A temporary endeavor undertaken to create a unique product, service, or result. , Consider your weekly routine and how it might be managed as a pure project structure. comparison discount Project Management Chapter 2 quiz for University students. Facilitates project selection process. What have you created? Choose two. , Which characteristic of organizational culture refers to the degree to which Study with Quizlet and memorize flashcards containing terms like All of the following are considered as three of the most important contextual issues impacting project management EXCEPT: Information systems. You've listed their names, departments, interests in the project, and level of influence. Organizational structure. A project request B. - start of initiating phase - recognize need, problem, or opportunity - various ways for identification organizations strategic planning response to unexpected events group organized to address a need - important to clearly identify need to determine if worth pursuing - use decision making process to prioritize and select project with greatest need Study with Quizlet and memorize flashcards containing terms like In which development life cycle do stakeholders define and approve the detailed scope before the start on an iteration?, The _____ frame of an organization focuses on providing harmony between the needs of the organization and the needs of people. d. Study with Quizlet and memorize flashcards containing terms like If you assign weights to criteria based on percentage, the sum of all the criteria's weights must total 100 percent. Personally Identifiable Information - information about an individual that identifies, traces, links, relates, or describes them such as name, social security number, date and place of birth, mother's maiden name, or biometric records; and any other information that is linked or linkable to an individual such as medical, educational, financial, and employment information. Internal responses to new action programs aimed at enhancing the competitive scope of the project can be clearly articulated and the schedule and cost can be predicted Adaptive Software Development ASD life cycle requirements cannot be clearly expressed, projects are mission driven and component based, using time based cycles to meet target dates Study with Quizlet and memorize flashcards containing terms like Project Sponsor, high level funcitonality of the system, Tangible value and more. E) Project management plays a key role in supporting strategy. This is the stage that precedes the actual start of the project. Start studying Project Management: Chapter 2. Identify Stakeholders-The project or phase is formally authorized, -The project manager is named -stakeholder register is produced The business need is clearly defined by a clear direction for the scope. Allocates resources to projects that align with strategic direction. Fresh features from the #1 AI-enhanced learning platform. Links project selection to strategic metrics 3. Champion In some projects, a senior manager who acts as a key proponent for a project, is known as the __________. Sep 14, 2023 · Project management is the process of applying knowledge, skills, tools, and techniques to project activities in order to meet project requirements. Study with Quizlet and memorize flashcards containing terms like The Project Assignment Document, Project Assignments, Project Requirements Document and more. Study with Quizlet and memorize flashcards containing terms like Project Management Triangle, v Strategic Management, Strategic Management consists of 4: and more. Jan 22, 2025 · Study with Quizlet and memorize flashcards containing terms like A project is successful if, Project Time Management, Project Cost Management and more. Study with Quizlet and memorize flashcards containing terms like Why is it important to do a thorough and detailed job of needs identification?, Why is it important to select the right project before you begin working?, Describe how a business selects which projects to work on when there are numerous projects that could be done. As Study with Quizlet and memorize flashcards containing terms like Strategic Management, Implementation Gap, Organization Politics and more. Study with Quizlet and memorize flashcards containing terms like Business Strategy, Pyramid for the Project Planning Process, Strategic planning and more. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Study with Quizlet and memorize flashcards containing terms like T/F The project manager is responsible for communicating with the project team and the senior management, but senior management maintains sole responsibility for communicating with the client, T/F It is appropriate for the project manager to play an active role in communications between the client and the senior management of the -function-driven firms: organized around primary functions; cross-functional groups are hard to manage as PMs have no power-matrix organizations: two managers, but gets confusing-project-oriented organization: functional departments exist within projects (include programs, with no specific completion date, and product-oriented structure, where products are the driving organizational factor) Study with Quizlet and memorize flashcards containing terms like Project Stakeholders, Planner, Organizer and more. a network planning method created for the US Navy's Polaris missile project in the 1950s, which involved 3,000 separate contractors and suppliers critical path method CPM a network planning method developed in the 1950s as a means of scheduling maintenance shut-downs at chemical-processing plants Study with Quizlet and memorize flashcards containing terms like adaptive software development (ASD), agile, Agile Software Development and more. Operations Management: Sustainability and Supply Chain Management 12th Edition • ISBN: 9780134163451 (4 more) Barry Render, Chuck Munson, Jay Heizer 1,698 solutions Study with Quizlet and memorize flashcards containing terms like What is a project?, CAPM, PMI and more. Study with Quizlet and memorize flashcards containing terms like Adaptive software development, Agile, Agile software Development and more. ", Responds to changes in the external environment and allocates the firms scare resources to improve its competitve position. A project management office or center of excellence is an organizational entity created to assist project managers in achieving project goals. Concurrent Study with Quizlet and memorize flashcards containing terms like Implementation Gap, Net present value, Organization politics and more. , Describe how CASE tools can support strategic planning. 4. Project Management: Chapter 1 and 2. Study with Quizlet and memorize flashcards containing terms like The _____ phase of the project life cycle starts with recognizing a need, problem, or opportunity for which a project or projects are identified to address the need, Evaluating potential projects and then deciding which of these should move forward to be implemented is called. and more. Every project should have a clear link to the organization's strategy. Study with Quizlet and memorize flashcards containing terms like You have identified all the key stakeholders on the project. . , What are the two main reasons why project managers need to understand their organization's mission and strategy?, The process of assessing "what we are" and deciding Study with Quizlet and memorise flashcards containing terms like List & Describe the components of the strategic management process, Explain the role projects play in the strategic management process, How are projects linked to the strategic plan? and others. Information on why this project was chosen is created, as well as a list of stakeholders. 1 - focusing on problems or suctions with low strategic priority 2 - focusing on the immediate customer rather than the whole market and value chain 3 - overemphvzimng on technology resulting in a project with exotic technology but on which does not meet the strategy or customer needs 4 - trying to resolve customers issues with a product rather than focusing on the 20% with the 80% value. End user The term end user thus distinguishes the user for which the product is designed Study with Quizlet and memorize flashcards containing terms like Why must portfolio management connect leadership and project delivery teams?, Hoe many steps are there in the portfolio lifecycle?, Why is 'on benefit' the most important measure of success for projects in a portfolio? and more. A. Mar 23, 2024 · Chapter 2 Learn with flashcards, games, and more — for free. Study with Quizlet and memorize flashcards containing terms like Functional organizations, Project organizations, Matrix organizations and more. Culture. Study with Quizlet and memorize flashcards containing terms like Old-School Thinking, New-School Thinking, Main Reasons PMs need to understand missions/strategy. 6. Project Management Chapter 9. A business case E. project management chapter study online at comparison npv analysis is method for making equal between cash flow for multiyear projects. c. Study with Quizlet and memorize flashcards containing terms like Why Project Managers Need to Understand Strategy, The Strategic Management Process: An Overview, Four Activities of the Strategic Management Process and more. , Instead of creating a set of structured projects with short-lived teams to execute them, _________project portfolio management defines desired outcomes for an organizations, focuses on value, and revisits past Study with Quizlet and memorize flashcards containing terms like A _____ is a specific ordering of structured work activities that include a beginning, an end, and clearly defined inputs and outputs. A management review that should occur after each project phase to determine if projects should be continued, redirected, or terminated; also called a phase exit matrix organizational structure An organizational structure in which employees are assigned both to functional and project managers A management review that should occur after each project phase to determine if projects should be continued, redirected, o terminated; also called aa kill point Choose matching term 1 a. Project management guidelines C. The last section of this chapter provides more information on agile as it applies to project management, and Chapter 3 includes a brief case study of an agile project. , A major player in the software industry transits from one new edition of its operating system and office automation package to another. Chapter 1: Introduction to Study with Quizlet and memorize flashcards containing terms like an organization's _____ influence how projects are performed, organizational styles and cultures, Factors That Affect Organizational Cultures and Styles and more. Scheduled maintenance: October 11, 2024 from 06:00 PM to 08:00 PM A senior manager who acts as a key proponent for a project deliverable A product or service, such as a technical report, a training session, a piece of hardware, or a segment of software code, produced or provided as part of a project Study with Quizlet and memorize flashcards containing terms like Project Development, Enterprise Environmental Factors (EEF), Vision Statement and more. Study with Quizlet and memorize flashcards containing terms like What is a Point Person?, What is a Quartermaster?, What is a Facilitator? and more. 12 terms. Study with Quizlet and memorize flashcards containing terms like T/F The project manager is responsible for communicating with the project team and the senior management, but senior management maintains sole responsibility for communicating with the client, T/F It is appropriate for the project manager to play an active role in communications between the client and the senior management of the Study with Quizlet and memorize flashcards containing terms like Functional organizations, Project organizations, Matrix organizations and more. 4 days ago · Project Management Life Cycle (PMLC) a sequence of processes that includes scoping, planning, launching, monitoring, controlling and closing the projects to which it applies. Study with Quizlet and memorize flashcards containing terms like ) A strategic perspective on project management might ask all of the following questions pertaining to organizational setting prior to undertaking a project EXCEPT: A) What is our corporate culture? B) Does this project support the company vision? C) Do we have established reporting relationships? D) Can we complete the project Study with Quizlet and memorize flashcards containing terms like Advantages of Matrix Project Organization, Disadvantages of Matrix Project Organization, 5 reasons to organize project in transdisciplinary, matrix-organized project and more. Industrywide templates D. An artifact D. A product life cycle is the same as a project life cycle. chris Sequential, linear process of project Mgmt Consists of several discrete phases No Phase begins until the prior phase is complete Detailed definition: Linear and sequential approach to managing software design and development projects in which progress is seen as flowing steadily (and sequentially) downwards (like a waterfall). Prioritizes project proposals across a common set of criteria, rather than on politics or emotion. Strategy. The manager, the organization, and the team Learn with flashcards, games, and more — for free. " Study with Quizlet and memorize flashcards containing terms like Compare and contrast the three alternative forms and purposes of project management office models with regards to place in organization, function, and effectiveness in project management. 4 days ago · In scope management, project deliverables are subdivided into smaller and more manageable components until the work and deliverables are defined to the work package level. Study with Quizlet and memorize flashcards containing terms like Organizational Culture and Styles, Communications, Functional Organization Structure and more. , A _____ is a collection of related, structured business activities or tasks in a specific order that produce a specific service or product for a customer. A valid PLMC has a single scoping and a single closing process. Study with Quizlet and memorize flashcards containing terms like Is implemented through projects. Scheduled maintenance: October 11, 2024 from 06:00 PM to 08:00 PM a. Study with Quizlet and memorize flashcards containing terms like Why Project Managers Need to Understand Strategy, Strategic Mangement, What are the four activities of the strategic management process? and more. Balances risk across all projects. Study with Quizlet and memorize flashcards containing terms like True or False, Breaking a project down into phases increases the complexity and project risk?, True or False, Fast tracking is defined as starting the next phase of a project before the current phase is complete?, True or False, A project's scope is primarily a list of resources available to the project team? and more. Fundamentally deciding how the organization will compete. Organization Politics: project selection may be based not so much on facts and sound reasoning as on the persuasiveness and power of people advocating projects 3. , is a product or service produced or provided as part of a project. Because change happens often, change control is managed tightly by the project manager. 1. The sponsor approves funding, the project charter, the project baseline, and high-level requirements. , A _____ is a document, prepared by the sponsor Study with Quizlet and memorize flashcards containing terms like The initiating phase of the project life cycle starts with:, During this part the project manager evaluates needs, costs, benefits, and determines which are the best options for the project, Within the project charter what are the most important elements? 7 things and more. Study with Quizlet and memorize flashcards containing terms like means being able to move quickly and easily. b. Study with Quizlet and memorize flashcards containing terms like Identify the assumptions made in the integration of projects with strategic plans. A stakeholder matrix C. Scheduled maintenance: January 23, 2025 from 04:00 AM to 06:00 AM Study with Quizlet and memorize flashcards containing terms like A procedure defines how to do a task. An analysis project life cycle is a collection of project phases. Agile is an example of an adaptive life cycle model. Find other quizzes for Professional Development and more on Quizizz for free! Study with Quizlet and memorize flashcards containing terms like Define Project Manager, Define Project Sponsor, Define Project Stakeholder and more. Project management policies B. 3 days ago · Study with Quizlet and memorize flashcards containing terms like This component of the project request describes the project objectives, the high-level deliverables, and the reason for the project. A high-level scope definition, This person is responsible for Study with Quizlet and memorize flashcards containing terms like Is the process of assessing "what we are" and deciding and implementing "what we intend to be and how we are going to get there. Today ASD approaches are collectively referred to as agile software development, named after the Agile Manifesto published in 2001. , also called, phase exits or kill points, should occur after each phase to evaluate the project progress. The most common terminology for a reusable project management methodology is: A. Simulation Study with Quizlet and memorize flashcards containing terms like Strategic Management, Four Activities of the Strategic Management Process, SMART goals and more. A project management methodology, 2. Try the fastest way to create flashcards Oct 11, 2024 · Study with Quizlet and memorize flashcards containing terms like compensatory consumption, Self-congruence models, relevant cost and more. 7 (3 reviews can be disastrous and, at minimum, can mean higher project costs because of mistakes and rework, missed project deadlines, and project deliverables that do not meet the client's goals Real listening an active process in which we hear what is being said, understand the message in our own way, and test for understanding of the speaker's intent Project portfolio management A procedure for selecting, implementing, and reviewing projects that will help an organization achieve its strategic goals. B) Strategy is implemented through projects. Study with Quizlet and memorize flashcards containing terms like Which of the following is not part of the three-sphere model for systems management?, Which of the four frames of organizations addresses how meetings are run, employee dress codes, and expected work hours?, Personnel in a ____________ organizational structure often report to two or more bosses. Implementation gap: the lack of understanding and consensus of organization strategy among top and middle-level managers 2. Strategic Management Process The process of assessing "what we are" and deciding and implementing "what we intend to be and how we are going to get there. 5 Study with Quizlet and memorize flashcards containing terms like Strategic Planning Process, Internal Analysis using SWOTT, External Analysis using SWOTT and more. This is a project life cycle that anticipates many changes to the project scope and demands highly involved project stakeholders. Study with Quizlet and memorize flashcards containing terms like systems thinking, systems philosophy, systems analysis and more. , Once a project is selected, it is formally authorized using a document referred to as a and more. Study with Quizlet and memorize flashcards containing terms like 1. How can project management offices (POs) support effective project management? and more.
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