Templates -req Info On Closed Projects-project Management

by department. The PMO supports the project manager through software, templates, and administrative support. A PMO can exist in any organizational structure, but it is most common in matrix and projectized structures.

Project management plan The documented approach to how a project will be planned, executed, monitored and controlled, and then closed out. This document is a collection of subsidiary project management plans and related documents.

Project management professional (PMP) A person who has proven project management experience, qualified for, and then passed the PMP examination.

Project management risks These risks deal with faults in the management of the project. The unsuccessful allocation of time, resources, and scheduling; unacceptable work results; and poor project management are all examples of project management risks.

Project management system The defined set of rules, policies, and procedures that a project manager follows and utilizes to complete the project.

Project network diagram A diagram that visualizes the flow of project activities and their relationships to other project activities.

Project objectives These are the measurable goals that determine a project's acceptability by the project customer and the overall success of the project. Objectives often include the cost, schedule, technical, and quality demands.

Project portfolio management The management and selection of projects that support an organization's vision and mission. It is the balance of project priority, risk, reward, and return on investment. This is a senior management process.

Project presentations These are useful in providing information to customers, management, the project team, and other stakeholders.

Project records All project communications are also part of the organizational process assets. This includes e-mails, memos, letters, and faxes.

Project reports Reports are formal communications on project activities, their status, and conditions.

Project requirements These are the demands set by the customer, regulations, or the performing organization that must exist for the project deliverables to be acceptable. Requirements are often prioritized in a number of ways, from "must have," "should have," and "would like to have."

Project scope Defines the required work to complete the project objectives.

Project scope management plan This project management subsidiary plan controls how the scope will be defined, how the project scope statement will be created, how the WBS will be created, how scope verification will proceed, and how the project scope will be controlled throughout the project.

Project scope statement This defines the project, the project deliverables, product requirements, project boundaries, acceptance procedures, and scope control.

Project stakeholder Anyone who has a vested interest in a project's operation and/or its outcome.

Project statement of work (SOW) This document defines all the products and services the project will provide.

Project variance The final variance, which is discovered only at the project's completion. The formula is VAR = BAC-AC.

Projectized structure An organization that assigns a project team to one project for the duration of the project's life cycle. The project manager has high-to-almost-complete project power.

Proposal From seller to buyer. Other factors—such as skill sets, reputation, and ideas for the project solution—may also be used in the decision-making process.

Purchase order (PO) A purchase order is a form of a unilateral contract that the buyer provides to the vendor which shows that the purchase has been approved by the buyer's organization.

Pure risks These risk types have only a negative outcome. Examples include loss of life or limb, fire, theft, natural disasters, and the like.

Qualitative risk analysis This approach qualifies the risks that have been identified in the project. Specifically, qualitative risk analysis examines and prioritizes risks based on their probability of occurring and their impact on the project should they occur.

Quality According to the American Society for Quality (ASQ), it is the degree to which a set of inherent characteristics fulfills requirements.

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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