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269 Terms
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Project
A temporary endeavor undertaken to create a unique product, service, or result.
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Stakeholders
An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity or outcome of a project, program or portfolio.
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Project management
The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
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Process
A series of actions designed to bring about a consistent and similar result or service.
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Soft skills
Active listening, interpersonal skills, conflict management, and leadership skills such as establishing the vision and critical thinking.
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Hard skills
Teachable abilities or skill sets that are easy to quantify, often learned in classrooms or on the job.
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Functional manager
Functional managers organize the work of similar individuals and hand off their deliverables to another group.
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Project life cycle
The series of phases that a project passes through from its start to its completion.
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Project management process group
Phases to structure projects and lead them from beginning to end: initiating, planning, executing, monitoring and control, and closing.
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Initiating
Processes performed to define a new project or a new phase of an existing project by obtaining authorization to start.
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Planning
Processes required to establish the scope of the project, refine objectives, and define the course of action required to attain those objectives.
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Executing
Processes performed to complete the work defined in the project management plan to satisfy project requirements.
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Monitoring and controlling
Processes required to track, review, and regulate the progress and performance of the project.
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Closing
Processes performed to formally complete or close the project, phase, or contract.
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Integration management
Processes and activities needed to identify, define, combine, unify, and coordinate activities within the Project Management Process Groups.
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Scope management
Processes required to ensure that the project includes all the work required, and only the work required, to complete successfully.
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Schedule management
Processes required to manage the timely completion of the project.
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Cost management
Processes involved in planning, estimating, budgeting, financing, funding, managing, and controlling costs.
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Quality management
Processes for incorporating the organization's quality policy regarding planning, managing, and controlling project quality requirements.
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Resource management
Processes to identify, acquire, and manage resources needed for successful project completion.
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Communications management
Processes required to ensure timely and appropriate planning, collection, creation, distribution, storage, retrieval, management, control, monitoring, and disposition of project information.
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Risk management
Processes of risk management planning, identification, analysis, response planning, implementation, and monitoring risk.
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Procurement management
Processes necessary to purchase or acquire products, services, or results needed from outside the project team.
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Stakeholder management
Processes required to identify people, groups, or organizations that could impact the project and develop management strategies for engaging stakeholders.
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Project Processes
Forty-nine individual project work processes that are each in a process group and a knowledge area.
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Deliverable
Any unique and verifiable product, result, or capability produced to complete a process, phase, or project.
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Scope
The sum of the products, services, and results to be provided as a project.
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Quality
The degree to which a set of inherent characteristics fulfills requirements.
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Product scope
Features and functions that characterize a product, service, or result.
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Project scope
The work performed to deliver a product, service, or result with specified features and functions.
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Sponsor
An individual or group that provides resources and support for the project and is accountable for enabling success.
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Steering / leadership team
A team or committee that decides on the priorities or order of business of an organization.
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PMO (project management office)
A management structure that standardizes project-related governance processes.
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Project manager
The person assigned to lead the team responsible for achieving project objectives.
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Project team
Members of a project team responsible for achieving project objectives.
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Agile
An iterative approach to delivering a project throughout its life cycle.
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Agile lifecycle
Composed of several iterations or incremental steps towards project completion.
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Iterative process
Incremental steps towards the completion of a project.
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Emergent design
Design that evolves as functionality is developed rather than through an upfront process.
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Product owner
Role on a product development team responsible for managing the product backlog.
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Scrum master
Facilitator of the work performed in Agile project management.
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WBS (work breakdown structure)
A hierarchical decomposition of the total scope of work to accomplish project objectives.
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Vision
A long-term objective depicting what a company will look like in the future.
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Mission statement
Description of what a company does and why it exists.
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Strategic objectives
High-level goals outlining what you want to achieve with deadlines.
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S M A R T
Specific, measurable, achievable, results based, and time-specific objectives.
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Portfolio management
Centralized management of one or more portfolios to achieve strategic objectives.
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Portfolio
Projects and programs managed as a group to achieve strategic objectives.
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Program
Related projects managed in a coordinated manner for combined benefits.
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Program management
Application of knowledge and skills to achieve program objectives.
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Subproject
A significant point or event subordinate to the project.
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Statement of work
A narrative description of products, services, or results to be delivered by the project.
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Business case
Economic feasibility study used to validate benefits of a project.
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Cost benefit analysis
Tool to determine project benefits against its costs.
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Source selection criteria
Attributes desired by the purchaser for the seller to meet or exceed.
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Product roadmaps
Plans of action for how a product will evolve over time.
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Release
Final delivery of a software package after multiple iterations.
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Portfolio vision
Future state of a portfolio’s value streams and solutions.
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Solutions
Products or services designed to meet specific agile methods.
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Products
Artifact that is quantifiable, can be a standalone item or component.
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User stories
Descriptions of requirements from the user's perspective, including who, how, and why.
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Product backlog
Ordered list of user-centric requirements maintained for a product.
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Epic
Large user stories that are difficult to estimate or complete in one iteration.
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Eat your dessert first
Early value delivery approach.
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Minimum viable product (mvp)
Early product version with enough features for initial users.
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Customer driven-value
Establishing expectations based on customer needs.
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Refine requirements
Iterative process of requirements definition evolving from the MVP feedback.
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Customer prioritization
Giving priority to customer-defined needs.
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Risk-adjusted backlog
Backlog containing risk response tasks for actionable risks.
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Prioritized backlog
Organized product backlog items to determine development sequence.
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Project charter
A document that formally authorizes the existence of a project.
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Milestone schedule
Schedule presenting milestones with planned dates.
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Acceptance criteria
Conditions required for software to satisfy customer.
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Risk
An uncertain event that could impact project objectives.
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Assumptions
Factors in the planning process considered true without proof.
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Constraint
Factors that limit the options for managing a project.
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Resources
People, parts, and equipment needed to complete a project.
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Lessons learned
Knowledge gained from project events showing how to improve future performance.
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Scope creep
Uncontrolled expansion of project scope without adjustments.
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Uncertainties
Involves unpredictability and ambiguity.
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Assumptions log
Collection of factors considered true in the planning process.
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Share knowledge
Agreement to inform others about important project information.
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Product vision
Describes the product’s purpose and intended use.
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Time boxes
Fixed periods of time to complete tasks.
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Defer decisions
Practice of delaying decisions to allow time for better preparation.
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Sustainable pace
Agile work speed that prevents burnout.
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Commit to work
Team members commit to the prioritized work at the start of the sprint.
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Commitment
Team agreement to complete work in a specified period.
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Definition of done
Checklist of criteria required for deliverable readiness.
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Sprint (iteration)
Fixed period for delivering team commitments.
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Functional organization
Structure where staff is grouped by specialization with limited project focus.
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Projected organization
Structure where the project manager has full authority.
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Co-location
Placing multiple resources in a single location.
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Matrix organization
Structure where project manager shares authority with functional manager.
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Milestone
Significant point or event in a project.
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Agile
Describes a mindset of values and principles in project management.
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