PMP - RMC - PM Framework.txt

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Author:
ckenj
ID:
25843
Filename:
PMP - RMC - PM Framework.txt
Updated:
2010-07-06 12:31:21
Tags:
PMP RMC PM Framework
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PMP - RMC - PM Framework
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  1. project
    temporary. creates a unique product or service
  2. program
    a group of interrelated projects, managed in a coordinated way
  3. portfolio
    a group of programs to achieve a specific strategic business goal
  4. product life cycle
    the cycle of a product's life from conception to withdrawal.
  5. project life cycle
    What you need to do to complete the work. It varies by industry and type of project.
  6. project management process
    What you need to do to manage the work. Includes initiating, planning, executing, monitoring and controlling, and closing.
  7. project management office
    a department that centralizes the management of projects
  8. project constraints
    used to help evaluate competing demands
  9. stakeholders
    anyone whose interests may be positively or negatively impacted by the project
  10. what to do with stakeholders
    identify all of them, determine all of their requirements, determine all of their expectations, communicate with them, manage their influence
  11. three primary forms of organization
    functional organization, projectized organization, matrix organization
  12. functional organization
    type of organization where the company is grouped by areas of specialization
  13. projectized organization
    type of organization where the company is grouped by project
  14. matrix organization
    type of organization where functional and projectized tasks are blended
  15. strong matrix organization
    type of organization where the balance of power rests with the project manager
  16. weak matrix organization
    type of organization where the balance of power rests with the functional manager
  17. balanced matrix organization
    type of organization where the power is equally balanced between the functional and project managers

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