Project Management Chapter 1 Vocab – Flashcards

Unlock all answers in this set

Unlock answers
question
Best Practice
answer
An optimal way recognized by industry to achieve a stated goal or objective
question
Critical Path
answer
The longest path through a network diagram that determines the earliest completion of a project
question
Enterprise Project Management Software
answer
Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; AKA portfolio project management software
question
Ethics
answer
A set of principles that guides decision making based on personal values of what is considered right and wrong
question
Gantt Chart
answer
A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in calendar form
question
Leader
answer
A person who focuses on long-term goals and big-picture objectives while inspiring people to reach those goals
question
Manager
answer
A person who deals with the day-to-day details of meeting specific goals
question
Portfolio Project Management Software
answer
Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization AKA enterprise project management software
question
Program
answer
A group of projects managed in a coordinated way to obtain benefits and control that are not available from managing projects individuallys
question
Program Manager
answer
A person who provides leadership and direction for the project manager heading the projects within a program
question
Project
answer
A temporary endeavor undertaken to create a unique product, service, or result
question
Project Management
answer
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements
question
Project Management Institute (PMI)
answer
An international professional society for project managers
question
Project Management Knowledge Areas
answer
Project integration management, scope, time, cost, quality, human resource, communications, risk, procurement, and stakeholder management
question
Project Management Office (PMO)
answer
An organizational group responsible for coordinating the project management functions throughout an organization
question
Project Management Professional (PMP)
answer
Certification provided by PMI that requires documenting project experience and education, agreeing to follow the PMI code of ethics, and passing a comprehensive exam
question
Project Management Tools and Techniques Methods available to assist project managers and their teams;
answer
Methods available to assist project managers and their teams; some popular time-management tools include Gantt charts, network diagrams and critical path analysis
question
Project Manager
answer
The person responsible for working with the project sponsor, the project teams, and the other people involved to meet project goals
question
(Project) Portfolio Management
answer
When organizations group and manage projects as a portfolio of investments that contribute to the entire enterprise's success
question
Project sponsor
answer
The person who provides the direction and funding for a project
question
Stakeholders
answer
People involved in or affected by project acvtivities
question
Triple Constraint
answer
Balancing scope, time, and cost goals
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New