PMBOK GUIDE

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22 Terms

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Outcome

An end result or consequence of a process or project.

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Portfolio

Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

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Product

An artifact that is produced, is quantifiable, and can be either and end item in itself or a component item.

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Program

Related projects, subsidiary programs, and program activities that are managed in a coordinated manner to obtain benefits not available from managing them individually.

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Project

A temporary endeavor undertaken to create a unique product, service, or result.

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Project Management

The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.

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Project Manager

The person assigned by the performing organization to lead the project team this is responsible for achieving the project objectives.

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Project Team

A set of individuals performing the work of the project to achieve its objectives.

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System For Value Delivery

A collection of strategic business activities aimed at building, sustaining, and/or advancing an organization.

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Value

The worth, importance, and usefulness of something.

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Governance Systems

Provide an integrated structure for evaluating changes, issues, and risks associated with the environment and any component in the value delivery system.

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Project Governance

Defines the authority to approve changes and make other business decisions related to the project.

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Process Assests

Tools, methodologies, approaches, templates, frameworks, patterns, or PMO resources.

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Governance Documentation

Documentation including policies and processes.

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Data Assets

Databases, document libraries, metrics, data, and artifacts from previous projects.

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Knowledge Assets

Tacit knowledge among project team members, subject matter experts, and other employees.

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Security and Safety

Procedures and practices for facility access, data protection, levels of confidentiality, and proprietary secrets.

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Organizational Culture, Structure, and Governance

The vision, mission, values, beliefs, cultural norms, leadership style, hierarchy and authority relationships, organizational style, ethics, and cod of conduct.

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Infrastructure

Existing facilities, equipment, organizational and telecommunications channels, information technology hardware, availability, and capacity.

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Information Technology Software

Scheduling software, configuration management systems, web interfaces to online automated systems, collaboration tools, and work authorization systems.

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Resource Availability

Availability related to both people and materials includes contracting and purchasing constraints, approved providers and subcontractors, and time lines.

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Employee Capability

General and specialized expertise, skills, competencies, techniques, and knowledge.