The Basics
A temporary endeavor. Projects are unique and non-repetitive. Building a road is an example of a project. The process of building a road takes a finite amount of time, and produces a unique product
What is a project?
An estimate of incomes and expenditures for a set period of time.
What is a budget?
In this stage, the group is likely to see the highest level of disagreement and conflict. Members often challenge group goals and struggle for power
What is Storming?
The activities performed to carry out and complete the work as defined in the project management plan
What is Executing?
A collection of three or more people that is formed for some purpose (eg. Complete work that is too difficult or complex for one person to complete, provide support for one another)
What is a group?
A subset of a project. Sub-projects can be subcontracted. Technical or Functional Manager may be in charge of a sub-project.
What is a sub-project?
The work required to complete a project.
What is scope?
Not all groups experience this stage of development because it is characterized by the disbandment of the group
What is adjourning?
The activities performed in order to establish the total scope of the project, define and refine the objectives, and develop the course of action that will be followed to achieve the objectives
What is planning?
The knowledge, skills, values, and attitudes of those working on the project
What are human resources?
The application of knowledge, skills, tools, and techniques to project activities in order to meet project requirements
What is Project Management?
An uncertain event that may or may not occur in a project?
What is risk?
This stage is characterized by the recognition of individual differences and shared expectations. Hopefully, at this stage the group members will begin to develop a feeling of group cohesion and identity
What is Norming?
The activities performed to track, review, and regulate the execution of the project; identify any areas in which changes to the plan are required; and initiate corresponding changes
A two-way process of reaching mutual understanding in which participants not only exchange information, but also create and share meaning
What is communication?
The characteristics associated with a project are - unique purpose, temporary in nature, require resources (often from various domains), should have a primary sponsor and/or customer, and involves uncertainty
What is Operations?
It describes the characteristics of a deliverable in a project. It may be altered to provide flexibility.
What is quality?
The nature of the task or leadership of the group has not been determined. Thus, this stage is an orientation period when members get to know one another and share expectations about the group
What is forming?
The activities performed to define a new project or a new phase of an existing project
What is initiating?
Ensuring that information is authentic and can be verified or corroborated, Verified means it can be checked for accuracy or established scientifically, Corroborated means there is agreement among people that the information is accurate
What is Valid and Reliable Information?
This consists of a related group of projects that may be repetitive and cyclic and will always include projects.
Includes the people, equipment, software, and facilities required to make a project successful.
What are resources?
Occurs when the group has matured and attains a feeling of cohesiveness. During this stage of development, individuals accept one another and conflict is resolved through group discussion
What is performing?
The activities performed to finalize the project- to bring it to a conclusion and to meet contractual obligations
What is closing?
The way that businesses and organizations purchase or obtain goods or services.
What is procurement?