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Last updated 3:15 PM on 7/15/26
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422 Terms

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Project

Temporary work with a clear START and END that creates something unique. 💡 Hook: Temporary + Unique = Project. If it never ends, it's operations.

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Operations

Ongoing, repeating work that keeps the business running (no end date). 💡 Hook: Operations = the treadmill that never stops.

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Project vs. Operations (3 differences)

Projects are: 1) Temporary, 2) Unique, 3) Have a defined end. Operations are ongoing and repetitive.

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Program

A group of RELATED projects with a common objective. 💡 Hook: Program = related family of projects.

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Portfolio

ALL projects, programs, and work grouped to hit the company's STRATEGIC goals — projects don't have to be related. 💡 Hook: Portfolio = the whole investment bag, related or not.

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Project life cycle (5 phases in order)

Discovery/Concept → Initiation → Planning → Execution → Closing. 💡 Hook: 'DIP-EC' — you DIP in, Execute, Close.

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Waterfall

Linear and SEQUENTIAL — each phase must fully finish before the next starts. Best when requirements are fixed upfront. 💡 Hook: Water only falls DOWN, never back up.

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Agile

UMBRELLA term for iterative, incremental development that welcomes changing requirements. ⚠️ Trap: If the question describes a SPECIFIC practice (sprints, WIP limits, pair programming), the answer is the specific framework (Scrum, Kanban, XP) — NOT 'Agile.'

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Iterative development

Build in repeated CYCLES — design, build, test, repeat, refining each time. 💡 Hook: Iterate = repeat and refine.

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Incremental development

Build in small PIECES that each add working functionality. 💡 Hook: Increment = add a chunk.

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Scrum

Agile framework with fixed-length SPRINTS, a Product Owner, Scrum Master, and Developers. 💡 Hook: Sprints = Scrum.

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Sprint

A short, fixed timebox (usually 2–4 weeks) where the Scrum team completes selected work.

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Product Owner

Scrum role that OWNS and PRIORITIZES the product backlog — decides WHAT gets built and maximizes value. 💡 Hook: Owner owns the wish list.

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Scrum Master

Scrum role that coaches the team on the framework and REMOVES blockers. Servant leader — not the boss. 💡 Hook: Master of the METHOD, not the people.

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Product backlog

Prioritized list of ALL customer requirements for the product. Owned by the Product Owner.

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Sprint backlog

The items the team pulled from the product backlog and committed to finish THIS sprint.

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Increment (Scrum)

A completed, usable chunk of work that meets the Definition of Done and moves toward the product goal.

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Sprint planning

Meeting at the START of a sprint where the team selects work and builds the sprint backlog.

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Daily Scrum / Daily stand-up

Quick DAILY status meeting for the whole team (usually 15 min). 💡 Hook: Stand up = so short you don't sit.

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Sprint review

END-of-sprint meeting to DEMO the work to stakeholders. 💡 Hook: Review = show the PRODUCT.

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Retrospective

END-of-sprint meeting where the team reflects on HOW THEY WORKED and how to improve. 💡 Hook: Retro = improve the PROCESS (review = product, retro = process).

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Backlog refinement

Ongoing process of analyzing, prioritizing, and clarifying backlog items as new info arrives.

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Kanban

Agile method that VISUALIZES work on a board and LIMITS work in progress (WIP) to expose bottlenecks. 💡 Hook: Kanban = Board + WIP limits.

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Extreme Programming (XP)

Agile framework with engineering practices like PAIR PROGRAMMING, test-driven development, and frequent releases. 💡 Hook: Pair programming = XP.

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DevOps

Combining software DEVelopment with IT OPerationS into one integrated practice. 💡 Hook: Dev + Ops teams merge.

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DevSecOps

DevOps + SECurity integrated into the whole pipeline.

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CI/CD

Continuous Integration / Continuous Delivery (or Deployment) — code is constantly tested, merged, and pushed out in small rapid updates.

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Continuous integration (CI)

Code updates are frequently TESTED and MERGED into a shared repository/build server.

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Continuous delivery

Updates are frequently tested and VALIDATED so they're always READY to release.

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Continuous deployment

Updates are automatically pushed all the way to PRODUCTION. 💡 Hook: Delivery = ready to ship; Deployment = actually shipped.

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SAFe

Scaled Agile Framework — runs agile across MANY teams at enterprise scale. 💡 Hook: SAFe = agile for the whole company.

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Scrum vs SAFe team size

Agile/Scrum teams = 3–10 people. SAFe = scales agile beyond that across multiple teams.

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SDLC

Software Development Life Cycle — the phases software goes through (plan, design, build, test, deploy, maintain). Works with waterfall OR agile.

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PRINCE2

PRocess-based methodology with predefined phases, roles, and tasks — heavy structure and control. 💡 Hook: PRINCE = royal structure and rules.

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Timebox

A FIXED time limit for an activity — when time's up, you stop. Core agile concept.

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Minimum viable product (MVP)

Version with JUST enough functionality to demo and get early feedback. 💡 Hook: Minimum = bare-bones but working.

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Scope creep

Uncontrolled, gradual growth of project scope WITHOUT formal approval. 💡 Hook: It CREEPS in change by change.

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Progressive elaboration

Adding more DETAIL to plans as the project moves forward and you learn more.

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Tailoring

Adapting the methodology/processes to FIT the specific project.

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Functional organizational structure

Traditional hierarchy — everyone reports to ONE functional manager. PM has LEAST authority here. 💡 Hook: Functional = Functional manager wins.

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Projectized organizational structure

PM and team operate as their own separate unit — PM has MOST authority. 💡 Hook: ProjectiZed = PM is the boss (Z = zenith of power).

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Matrix organizational structure

Blend — people report BOTH to a functional manager AND a PM. Weak matrix = FM stronger; strong matrix = PM stronger; balanced = equal.

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Relative authority

How much power the PM has COMPARED to the functional manager — depends on the org structure.

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PMO (Project Management Office)

Centralized department that provides oversight, standards, tools, and support to PMs across the org.

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Project sponsor

Senior person who CHAMPIONS the project, provides FUNDING, and approves major decisions. 💡 Hook: Sponsor = signs the checks.

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Project stakeholder

ANYONE with a business interest in the project's outcome or who is affected by it.

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Steering committee

Governing group that guides project priorities, policies, and big decisions.

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Project manager (PM) vs Program manager

PM runs ONE project's daily work. Program manager coordinates MULTIPLE related projects and their shared objective.

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Product manager

Owns the PRODUCT strategy and roadmap long-term (product can outlive many projects).

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Functional manager

Manages a department (HR, finance, IT) — may lend staff or expertise to projects.

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Business analyst (BA)

Translator between BUSINESS needs and IT — understands company priorities and the software environment.

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SME (Subject Matter Expert)

Person with deep technical expertise in one specific area.

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Solution architect

Designs computer/network systems to meet business requirements efficiently.

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End user

The person who will actually USE the product day-to-day.

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Internal vs external customer

Internal = consumer inside your own org. External = consumer outside your org.

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Business case

Document that JUSTIFIES the investment — why the project is worth doing and how it aligns with company policy. Created in DISCOVERY phase.

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Feasibility study

Analysis of whether the project CAN be done — checks hardware, software, facilities, databases needed.

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Prototype

A simulated/mock version of the system used to clarify requirements early.

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Benefit measurement model

Project SELECTION model that compares predicted value (ROI, revenue, IRR, demand). 💡 Hook: Benefit = compare the payoffs.

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Mathematical model (project selection)

Selection model using formulas/algorithms to find the optimal choice.

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Weighted factor decision model

Scores each option on criteria, MULTIPLYING important criteria by a weight. 💡 Hook: Weight = importance multiplier.

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Criteria profiling

Decision model that evaluates and scores alternatives on EACH criterion.

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Decision tree

Branch diagram to choose between alternatives — one decision, many factors. ⚠️ Trap: Flowchart = shows a PROCESS with many decisions; decision tree = ONE decision.

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ROI (Return on Investment)

Metric: is the asset worth what it costs to deploy and maintain?

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Alternatives identification

Generating different possible plans to achieve project goals.

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Alternatives analysis

Comparing those different options to pick the best one.

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Expected monetary value (EMV)

Average expected outcome when the future is uncertain: Probability × Impact ($). Used in decision trees.

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Project charter

Brief FORMAL document that AUTHORIZES the project and names the PM. Created in INITIATION. 💡 Hook: Charter = birth certificate of the project.

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Project kickoff meeting

First official meeting — aligns everyone on goals, roles, and expectations. Ends initiation / starts planning.

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Project objectives

The measurable criteria that define whether the project succeeded.

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Success criteria

Specific, measurable conditions that must be met for the project to be called a success.

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Assumptions

Things you TREAT AS TRUE to start planning (not yet proven). 💡 Hook: Assume = accept without proof.

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Constraints

LIMITS on the project — time, budget, scope, resources, quality.

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Stakeholder register

Document listing all stakeholders with their info, assessment, and classification.

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Stakeholder analysis

Figuring out each stakeholder's influence, interest, and needs.

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Stakeholder engagement plan

Strategy to build stakeholder support and minimize negative impacts throughout the project.

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Records management

Controlled storage and handling of official project records.

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Preexisting artifacts

Documents from earlier phases/projects — review them at the start so you don't miss context or redo work.

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Project scope statement

Document defining WHAT'S IN and WHAT'S OUT of the project — need, justification, requirements, boundaries.

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Scope baseline

Approved version of the scope: scope statement + WBS + WBS dictionary. Changes require formal change control.

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WBS (Work Breakdown Structure)

HIERARCHICAL breakdown of ALL project deliverables — defines the TOTAL scope. 💡 Hook: WBS = the project's family tree of deliverables. ⚠️ Trap: Top levels = broad deliverables; bottom = work packages.

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Work package

The LOWEST level of the WBS — small enough to estimate cost and duration.

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Decomposition

Breaking deliverables down into smaller pieces to build the WBS.

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Code of accounts

Numbering system that uniquely identifies each WBS element (1.1, 1.1.2…).

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MECE

Mutually Exclusive, Collectively Exhaustive — WBS items must NOT overlap (ME) and together must cover EVERYTHING (CE). 💡 Hook: No overlaps, no gaps.

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Requirements

Statements defining WHY the project exists, WHAT it must do, and HOW it'll be satisfied.

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Functional requirements

What the system DOES — features and behaviors. 💡 Hook: Functional = functions.

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Nonfunctional requirements (NFRs)

How WELL the system performs — speed, security, usability, reliability. 💡 Hook: The '-ilities.'

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Requirements management plan

Describes how requirements will be analyzed, documented, and managed throughout the project.

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Requirements documentation

Describes how each individual requirement meets the business requirements.

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RTM (Requirements Traceability Matrix)

Table linking each REQUIREMENT to the deliverables (and tests) that satisfy it. 💡 Hook: Trace = follow the requirement from ask to proof. ⚠️ If a requirement has no test in the RTM, that's a gap — add the test.

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Backlog

Prioritized list of requirements/features — top items are well-defined and ready to work.

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Epic

HUGE agile deliverable, project-sized — spans several iterations/months. 💡 Hook: Epic = epic-sized.

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Feature

Mid-size chunk of functionality — smaller than an epic, bigger than a user story.

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User story

Small requirement from the user's view: 'As a ___, I want ___, so that ___.' 💡 Hook: Epic > Feature > User story.

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Activity

A discrete, scheduled piece of work with estimated duration, cost, and resources.

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Milestone

Checkpoint event with ZERO duration — marks approval points or major progress. ⚠️ Trap: milestones take NO time.

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Dependency

Logical relationship between two activities (one relies on the other).

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Predecessor / Successor

Predecessor = activity that comes FIRST. Successor = activity that FOLLOWS.

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Finish-to-Start (FS)

Most common: Task A must FINISH before Task B can START. 💡 Hook: 'Clear dinner dishes BEFORE dessert' = FS.