Project Fundamentals
This is a temporary endeavor undertaken to create a unique product, service, or result.
What is a project
A collection of logically related project activities that ends with deliverables.
what is a phase
This role champions the project.
what is project sponsor
The reason organizations initiate projects.
What is to provide value
Traditional project management is also called this.
What is predictive or waterfall?
This distinguishes a project from operations
What is project is temporary and provides unique result or product
A review point where a decision is made to continue, modify, or stop a project.
what is a phase gate
this role prepares the business case
business analyst
This ensures project outcomes align with organizational goals.
What is benefits management?
This approach combines predictive and agile elements.
What is hybrid project management?
set of activities performed to support the delivery of solutions that align to business objectives and provide continuous value to the organization
What is business analysis
Projects begin as ideas during this phase.
what is ideation or aspiration
these individuals impact or are impacted by the project
what are stakeholders
Projects contribute to this larger organizational effort.
What is strategic alignment?
In agile, requirements are captured in this format.
what are user stories
This is the application of many inter-related thinking concepts in order to identify, analyze, evaluate, decide and implement solutions that benefit stakeholders
What is critical thinking
Identify the 5 process groups
what is initiation, planning, executing, monitoring & controlling and closing
this role can be performed by anyone on the team regardless of their title
what is business analyst
The document that defines how benefits will be measured and sustained.
What is benefits management plan
This type of delivery approach allows for product refinement through repeated cycles focusing on improving quality and adapting to feedback
What is iterative
Project Management requires a project manager to apply these 4 components to meet project requirements
what is skills, knowledge, techniques and tools
Process groups should not be confused with...
what are project phases
this role is responsible for assigning specific individuals to the team and provides subject matter expertise
what is functional manager
According to PMI, value may be tangible or…
Rita emphasizes this mindset for agile environments.
what is adaptability or servant leadership