PM Basics
The three constraints that define project success: scope, time, and cost
What is the triple constraint?
A potential future event that may impact the project
What is a risk?
Individuals or groups impacted by or involved in a project
Who are stakeholders?
Uncontrolled changes or continuous growth in project scope
What is scope creep?
A project approach where work is done in iterative cycles.
What is Agile?
The document that formally authorizes a project.
What is a project charter?
A problem that is currently impacting the project
What is an issue?
A tool used to define roles as responsible, accountable, consulted, and informed
What is a RACI matrix?
The documented list of project deliverables and boundaries.
What is scope (or scope statement)?
A linear project approach with defined sequential phases.
What is Waterfall?
A temporary endeavor undertaken to create a unique product or service.
What is a project?
The process of identifying and analyzing potential risks.
What is risk management?
The process of keeping stakeholders informed and engaged.
What is stakeholder communication (or engagement)?
The formal process used to evaluate and approve changes.
What is change management (or change control)?
A short, time-boxed iteration in Agile.
What is a sprint?
The person responsible for achieving project objectives
Who is the project manager?
A planned response to reduce the impact of a risk
What is risk mitigation?
A stakeholder with high influence and high interest in the project
Who is a key stakeholder?
A request to modify project scope, timeline, or cost.
What is a change request?
A prioritized list of work items in Agile.
What is a backlog?
A group of related projects managed in a coordinated way
What is a program?
The person responsible for monitoring and managing a specific risk.
Who is the risk owner?
The process of identifying and analyzing stakeholder needs and expectations
What is stakeholder analysis
Breaking down deliverables into smaller, manageable components.
What is a Work Breakdown Structure (WBS)?
A meeting where the team reflects on what went well and what didn’t.
What is a retrospective?