P320 Class 3

Critical Path Method (CPM)

Project management technique used to determine the longest sequence of dependent activities needed to complete a project, which tells you the shortest possible time the entire project can take.

Program Evaluation and Review Technique (PERT)

Project management technique used to plan activities and estimate how long a project will take, but is used when activity times are uncertain.

Gantt chart

Project management technique that shows what tasks need to be completed and when they are scheduled to happen.

Team Charter

Aligns team goals with corporate vision, objectives, values, and strategies. You define what you are expecting.

Project Charter

Provides clarity, provides organizational authority, and secures resources.

Conditions of Satisfaction (COS)

A project charter must include a clear statement of this, as it represents the minimum acceptable outcome/result for any project/endeavor.

Project management

On-time, on-budget, delivered to customer expectations, and without disturbing main work flow of group are all success factors of…

Planning

In the phases of a project, 60% of the time is spent on ______.

Critical path

The longest path in time through the network.

Slack time

Maximum leeway in an activity that will not delay the entire project.

Waterfall approach

A linear, step-by-step approach. You finish one phase before moving on to the next, and the plan is established early in the project..

Agile approach

An interactive, flexible approach. Instead of planning and building everything at once, the team works in short cycles called iterations or sprints, regularly testing the work and collecting feedback.

Scrum

An agile framework for managing work, designed for development teams from 3-9 members who break their work into actions that can be completed within timeboxed iterations, called sprints and track progress and re-plan in 15 minute stand-up meetings.

People

Project management should get the right _____ involved, so skilled, engaged, and credible.

Measureable

A tip for project management is to break-down the project into ________ pieces.