project 1
A temporary endeavor undertaken to create a unique product, service, or result.
what is a project?
The boundaries of a project; exactly what work will be done and what will not be done
Scope
The lifecycle phase where project performance is tracked, reviewed, and regulated to identify changes.
Monitoring & Controlling
The final lifecycle phase where deliverables are accepted, contracts are finalized, and lessons learned are archived.
Closing
Any unique and verifiable product, result, or capability produced to complete a process, phase, or project.
Deliverable
Any individual, group, or organization that can affect or be affected by a project's outcome.
Stakeholder
The lifecycle phase where the project scope, schedule, budget, and tasks are documented.
planning
The individual appointed to lead the team and ensure the project meets its objectives.
Project Manager
An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.
Risk
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
project management
The first phase of the project lifecycle, where the project is formally approved and defined.
Initiation
The uncontrolled expansion of project scope without adjustments to time, cost, and resources.
Scope Creep
The knowledge gained during a project, which shows how project events were addressed or should be addressed in the future.
Lessons Learned
A formal document that authorizes the existence of a project and gives the manager authority to use resources.
Project Charter
A hierarchical decomposition of the total scope of work to be carried out by the project team.
Work Breakdown Structure or WBS
A set of conditions that must be met before project deliverables are accepted by the customer.
Acceptance Criteria
A meeting held at the end of a project phase or completion to review what went well and what can be improved.
Retrospective
A strategy used to reduce the probability or impact of a negative project risk.
Risk Mitigation
A significant point or event in a project timeline used to measure progress.
Milestone
A visual tool (often using Red/Yellow/Green indicators) used to track budget and timeline health.
Status Dashboard —
The combination of Scope, Time, and Cost, which together dictate the quality of a project.
Triple Constraint
An objective that is Specific, Measurable, Achievable, Relevant, and Time-bound.
SMART Goal