Project Management Basics
A temporary effort undertaken to create a unique product, service, or result
What is a Project?
This person is responsible for the overall success of the project and ensures it meets its objectives.
Who is the Project Manager?
This phase involves defining the project goals, feasibility, identifying stakeholders, and where project prioritization and approval take place.
What is the Initiation phase?
This constraint defines the boundaries and deliverables of the project, ensuring all necessary work is completed.
What is Scope?
This competency focuses on identifying, analyzing, and properly responding to project risks (opportunities and threats) and issues, including regular assessment and escalation when appropriate.
What is Risk & Issue Management?
Although the Triple Constraint consists of Scope, Cost and Time, what other vital element is typically overlooked, but should be considered at all times?
What is Quality?
This group of individuals has a vested interest in the project's success and can influence its outcome.
In this phase, a detailed project plan, scope, schedule, and budget are developed.
What is the Planning phase?
This constraint involves developing and adhering to a realistic timeline for project completion, ensuring timely delivery of project milestones.
What is Schedule?
This competency is about linking people, ideas, and information throughout the project lifecycle, including generating/collecting info and ensuring proper dissemination and archival.
What is Communication Management?
This tool to help project managers synthesize the information gathered from monitoring & controlling processes into meaningful knowledge.
What is/are KPI or Key Performance Indicators?
This role involves providing strategic direction, support, and resources for the project.
Who is the Executive Sponsor?
This phase focuses on carrying out the project plan by assigning tasks, managing resources, and completing project work.
What is the Execution phase?
This constraint limits the financial resources available for the project, requiring careful budgeting and cost management.
What is Budget?
This competency includes being an influential presence in strategic discussions by persuading and gaining support—often without formal authority.
What is Organizational Influence?
The starting place for planning all project parameters, which are Scope, Time, Resources and Quality.
What is the WBS or Work Breakdown Structure?
These individuals are directly involved in executing project tasks and contribute to achieving project goals.
Who are the Project Team Members?
During this phase, there is a focus on collecting, evaluating, and prioritizing new project requests to ensure they align with organizational goals and capacity .
What is the Intake phase?
This constraint involves managing human, material, and technological resources to optimize productivity and ensure the project has what it needs to succeed.
What are Resources?
This competency includes planning and implementing regular control activities, and at advanced levels includes ensuring audits occur and actions are completed appropriately.
What is Quality Management and Assurance?
A strategy where the project team acts to decrease the probability of occurrence or impact of a threat
What is Risk mitigation?
This organizational entity is responsible for defining and maintaining project management standards across an organization.
What is a Project Management Office (PMO)?
This final phase involves completing and handing over the project deliverables, evaluating the project, and documenting lessons learned.
What is the Closure Phase
This constraint involves identifying, assessing, and mitigating potential risks to minimize their impact on the project, ensuring smooth project execution.
What is Risk?
This competency focuses on demonstrating the appropriate level of concepts, and practices to influence, and monitor relationships.
What is a Stakeholder Engagement?