Part 1 Project management in general. (1.5 page) Part 2 Define the following 56
ID: 391664 • Letter: P
Question
Part 1
Project management in general. (1.5 page)
Part 2
Define the following 56 project management and strategic management and strategic management terms:
1Project
2Project Charter
3Baseline
4Project Portfolio Management
5Adaptive Software Development(ASD) Life Cycle Model
6Activity List
7Brooks’ Law
8Change Control System
9Capability Maturity Model Integration(CMMI)
10Configuration Management
11Cost Baseline
12Scope of Baseline
13Cost of Quality
14Critical Chain Scheduling
15Decision Tree
16Delphi Technique
17DMAIC
18Earned Value Management (EVM)
19Executing Steering Committee
20Expected Monetary Value(EMV)
21Gantt Chart
22PERT Chart
23Joint Application Design(JAD)
24Kaizen
25MBTI
26Metric
27Pareto Analysis and Diagrams
28Predictive Life Cycle Models
29Probability Impact Matrix or Chart
30Quality Control
31Rational Unified Process(RUP) Framework
32Resource Leveling
33Resource Loading
34Risk Mitigation
35Sensitivity Analysis
36SMART Goals and Criteria
37Stakeholder Analysis
38SWOT Analysis Technique
39System Analysis
40Work Breakdown Structure(WBS)
41Six Sigma
42Business Plan
43Business Model
44Supply Chain
45Strategic Management
46Strategic Vision
47Operational Management
48IT Architecture/Infrastructure
49Competitive Edge
50Competitive Strategy
51Value Added
52Value Chain Analysis
53Critical Success Factor (CSFs)
54Key Performance Indicators(KPIs)
55Name the so-called “Triple Constraints” of Project Management
56Value Added Tax(VAT)
Explanation / Answer
answer-
PROJECT MANAGEMENT-
PART1- INTRODUCTION-
Project management is the process of managing the all the activities for the achievement of project goals,in given specific time to meet the project success. or we can say that a project manager uses the functions of management like plannning,organisaing,coordinating & controlling to complete the project with success in a specific period of time.all the activities done in project management is for compeleting the project.
the managment of small project can be easy task but a project with big investment can be tough for project manager because he has to arrange all the resources & gather the informations about the project.he has to manage its team & make decisions regarding how a project can be done in given constraints like scope, time, budget etc.
for the success of any project, there is a approach called 4 p's-
IN PLAN - activities like planning & forecasting are done by project manager/company.
IN PROCESS- a series of activities to achieve overall objective or goals of the project & its governance is taken into consideration.
IN PEOPLE- it is the phase in which project manager handles the people in project & see how they coordinate & communicate with each other to meet the sepcific objective in a specific time.
IN POWER- it is the phase where people with authorities & power are involved. people who makes decisions regarding the project are involves etc.
"the main focus of project management is complete the project in less time by doing less wastage & giving more value to the product/service."
PART 2- DEFINITIONS-
A- PROJECT-
" A project may be defined as the temporary undertaking to create or manufacture a product/services or others to meet the specifice objective/goals in specific period of time in given constraints & completion of it."
b- Project Charter-
"a project charter may be defined as the document comprising the goals/objectives of the project.it also has written down the roles & responsibilties of persons involved in the project."
c- baseline-
" a baseline maybe defines as the reference point to which the performan""ce of the project can be measured." there are three baslines schedule, cost & scope.
d- Project Portfolio Management-
"Project protfolio management (PPM) can be defined as the analyzing the project & its characterstics by the project manager & project offices who uses the methods, process & tech. in collective way to do that.the objective of PPM is see that resources allocated in the project are used at optimal level & no wastage is done."
e- Adaptive Software Development(ASD) Life Cycle Model-
" ASD life cycle model can be defined as the model which uses the steps of speculate, collaborate & learn for the developement of softwares."
as a expert answerer,i can answer 4 subparts of any question but i have answeres more than that. hope above answers would help you in your study.good luck.
1- PLAN 2- PROCESS 3- PEOPLE 4- POWER