pm chp 1:

DevOps

a quality technique that helps identify which variables have the most influence on the overall outcome of a process

enterprise project management software

software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called portfolio project management software

Gantt chart

a standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a calendar format; sometimes referred to as bar charts

interactional

a leadership style in which people use a combination of transactional, transformational, and charismatic approaches

laissez-faire

a leadership style meaning “let go,” this hands-off approach lets teams determine their own goals and how to achieve them

organizational project management

a framework in which portfolio, program, and project management are integrated with organizational enablers in order to achieve strategic objectives

program

a group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits and control not available from managing them individually

project and portfolio management software

software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called enterprise project management software

project management knowledge areas

project integration management, scope, time, cost, quality, human resource, communications, risk, procurement, and stakeholder management

Project Management Office (PMO)

an organizational group responsible for coordinating the project management functions throughout an organization

Project Management Professional (PMP®)

certification provided by PMI that requires documenting project experience and education, agreeing to follow the PMI code of ethics, and passing a comprehensive exam

project management tools and techniques

methods available to assist project managers and their teams; some popular time management tools include Gantt charts, network diagrams, and critical path analysis

project manager

the person responsible for working with the project sponsor, the project team, and the other people involved to meet project goals

project portfolio management or portfolio management

when organizations group and manage projects as a portfolio of investments that contribute to the entire enterprise’s success

servant leader

a leadership style in which people focus on relationships and community first and leadership is secondary

transactional

a leadership style using a management by exception approach that focuses on achieving goals or compliance by offering team members appropriate rewards and punishments

transformational

a leadership style in which people work with others to identify needed changes to empower others and guide changes through inspiration

triple constraint (limitations to a project)

balancing scope, time, and cost goals

According to PMI, what has been the biggest issue when it comes to project management?

$97 million wasted for every $1 billion spent on projects

The top skills employers look for when they hire new college graduates

team work, decision making, problem-solving, and verbal communications, all related to PM skills

project

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

they end when their objectives have been reached or the project has been terminated

project management

the application of knowledge, skills, tools, and techniques to project activities to meet project requirements -PMBOK Guide

Project Management Institute (PMI)

an international professional society for project managers