Flashcards
MAN 241; CHAPTER 4
Cards in this deck (35)
- 1What is a project charter?An informal contract between the project team and the sponsor (who represents senior mgmt. and the customer)
- 2How is charter like a contract?An agreement entered into freely by two or more parties; one party cannot arbitrarily change it; something of value for each party, a living document
- 3Explain a living document?This can evolve with changing conditions if both parties agree and receive value from the change
- 4The project charter is a deliverable that grants the project team...The right to a detailed planning stage of a project
- 5Like a contract, the people who sign a charter are wise to ensure...They understand & agree to every detail within it
- 6Unlike a contract, both parties feel...Obligated to the spirit of the charter regardless of change
- 7Name the 4 major purposes for a charter?Authorize the PM to proceed; Help the project team & sponsor develop a common understanding; to commit, to screen out poor projects
- 8What additional benefits can occur once a common understanding is achieved?Teamwork, Agreement, Trust, Commitment, Communication, No worry over Mgmt accepting decisions, Sponsor less likely to unilaterally change original agreement
- 9What is another name for project charter?Project request; project submission form; project preplanning form
- 10The scope overview is also considered the...Elevator speech; to describe their project
- 11What is the product scope?The features & functions that characterize a product, service or result
- 12What is requirements?A condition or capability that must be met to satisfy needs, wants & expectations of the stakeholder
- 13What is project scope?How the work is performed to deliver a product, service or result
- 14What is scope creep?Adding features & functionality w/o addressing the effects of time, costs, resources or w/o customer approval
- 15What does the business case answer?The question "why" & helps all parties understand the purpose of the project
- 16What is background?More details about the project
- 17What is a milestone schedule?A summary level schedule that identifies the major milestones or significant points in a project
- 18What is a deliverable?Any unique & verifiable product, result or capability used to perform a service that must be produced to complete a phase, process or project
- 19What is acceptance criteria?Criteria, including performance requirements & acceptable conditions that must be met before project deliverables are accepted
- 20Acceptance criteria are like...The project's vital signs
- 21What is a risk?An uncertain event or condition that has a positive or negative effect on a project's objectives
- 22What are assumptions?Factors for planning purposes that are true, real or certain w/o proof or demonstration
- 23What is a constraint?An applicable restriction or limitation, either internal or external, that will affect the performance of the project
- 24Name 3 reasons managers should look at risks1. May inhibit successful completion; a plan is developed to overcome it
- 25Name 3 reasons why managers look at risks2. One that creates a positive effect; a plan is made to capitalize upon it
- 26Name 3 reasons why managers look at risks3. Would there be more risk to the organization for not completing the project?
- 27Why are team operating principles established?To enhance team functioning
- 28What is "lessons learned"?The learning gained from the process of performing the project
- 29What type of commitment do the signatures signify on a charter?Formal
- 30Name the 6 steps in constructing a milestone schedule1. Briefly describe the current situation that requires the project in 3-4 words; in the first row of the column
- 31Name the 6 steps in constructing a milestone schedule2. Describe the project at its successful completion in 3-4 words; in last row of column
- 32Name the 6 steps in constructing a milestone schedule3. Describe the acceptance criteria for the final deliverable; in the bottom row of the 3rd & 4th column
- 33Name the 6 steps in constructing a milestone schedule4. Determine key points where quality needs verification
- 34Name the 6 steps in constructing a milestone schedule5. Determine who the primary stakeholder is for each milestone and how they will judge the deliverable
- 35Name the 6 steps in constructing a milestone schedule6. Determine expected completion dates for each milestone
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- Flashcards on MAN 241; CHAPTER 4, created by Peggy Torres on 05/12/2013.
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- Peggy Torres
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