EPMO Dictionary column 1
A comprehensive, cyclic, and structured approach for transitioning individuals, groups, and organizations from a current state to a future state with intended business benefits.
What is change management?
The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives.
What is a project manager?
A significant point or event in a project, program or portfolio.
What is a project milestone?
An advisory body of senior stakeholders who provide direction and support for the project team and make decisions outside the project team's authority.
What is a steering committee?
A bar chart of schedule information where activities are listed on the vertical axis, dates are shown on the horizontal axis, and activity durations are shown as horizontal bars placed according to start and finish dates.
What is a Gantt chart?
The sum of the products, services, and results to be provided as a project.
What is scope?
Analysis of strengths, weaknesses, opportunities, and threats of an organization, project, or option.
What is SWOT Analysis?
A temporary endeavor undertaken to create a unique, product, service or result.
What is a project?
An individual, group, or organization that may affect, or be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program or portfolio.
What is a stakeholder?
The approved (dollar) estimate for the project
What is the budget?
Standards, rules, or tests on which a judgement or decision can be based or by which a product, service, result, or process can be evaluated.
What are criteria?
A current condition or situation that may have an impact on the project objectives.
What is an issue?
An ordered list of work to be done.
What is a backlog?
A person responsible for maximizing the value of a product and accountable for the end product.
What is a product owner?
A high-level document that explains an organization's vision and mission plus the approach that will be adopted to achieve this mission and vision, including the specific goals and objectives to be achieved during the period covered by the document.
What is the strategic plan?
A short-fixed period of time in which work is to be completed.
What is a timebox?
The worth, importance or usefulness of something
What is value?
An uncertain event or condition that, if it occurs, has a negative (or positive) effect on one or more project outcomes.
A gathering of team members and other key stakeholders at the outset of a project to formally set expectations, gain a common understanding, and commence work.
What is a project team/stakeholder kick-off meeting?
A short time interval within a project during which a usable and potentially releasable increment of the product is created.
What is a sprint?
A regularly scheduled meeting to exchange and analyze information about the current progress of the project and its performance.
What is a status meeting?
The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources.
What is scope creep?
An artifact for describing and exploring how a user interacts with a system to achieve a specific goal.
What is a use case?
A person or group who provides resources and support for the project, program, or portfolio, and is accountable for enabling success.
What is a project sponsor?
An obstacle that prevents the team from achieving its objectives.