Project Management Phases and Concepts

These flashcards cover key concepts and phases of project management as discussed in the lecture.

Preparation Phase

The initial phase where the business case is created and the project idea is evaluated before officially starting.

Initiation Phase

The phase where the project charter is signed, stakeholders are identified, and existing artifacts are reviewed.

Planning Phase

This phase involves creating WBS, schedules, budgets, risk assessments, communication plans, and test plans.

Execution Phase

The actual work is done during this phase, where deliverables are built, tracked, and reported.

Closing Phase

The final phase which confirms everything is complete, reconciles the budget, archives documents, and celebrates the successes.

Kickoff Meeting

A meeting that occurs at the end of the Initiation phase, before the Planning phase starts.

Administrative Closure

The formal process to close deliverables, archive documents, and obtain stakeholder sign-offs.

DevOps

An approach that integrates software development and IT operations using continuous integration and continuous deployment (CI/CD) pipelines.

DevSecOps

An extension of DevOps that integrates security into every stage of development.

Qualitative Risk Analysis

A fast and intuitive risk assessment method using descriptors like high, medium, and low without requiring complex calculations.

Gantt Chart

A chart that shows tasks, durations, and dependencies; unique for its scheduling capabilities.

SMART Objectives

A framework for setting goals that are Specific, Measurable, Achievable, Relevant, and Time-bound.

Cost-plus Contract

A contract where the buyer bears the risk, and the vendor is paid all costs plus a fee.

Fixed-price Contract

A contract where the seller bears the risk, locking in a price for the project scope.

Five-Whys Technique

A root cause analysis technique that involves asking 'why' multiple times to determine the underlying cause of a problem.

RAM (Responsibility Assignment Matrix)

A tool to clarify roles and responsibilities, detailing who is Responsible, Accountable, Consulted, and Informed for each task.

Risk Mitigation

Actions taken to reduce the probability or impact of a risk.

Burndown Chart

A chart used to track work remaining in a sprint, starting high and dropping to zero as tasks are completed.

Unit Testing

Testing the smallest individual component of a system in isolation, often automated.

Stress Testing

Testing a system's performance under extreme conditions beyond normal workload.

UAT (User Acceptance Testing)

The final testing phase where customers or end users verify the product against requirements before delivery.