Project Management: Definitions and explanations page 4 PDF | Download eBooks
Learn project management terms with definitions and explanations, PMP terminologies (Page 4) for MBA degree programs.
- What are Conflict Resolution Skills?
Conflicts during the project are must and cannot be avoided. when different people work together, they ... - What are Technical Skills?
Although it is difficult for one person (i.e. program manager) to possess all the required technical, ... - What is Project Plan?
To carry out a particular project, planning is the fundamental element. a project must be planned ... - What are Organizational Skills?
Program managers work in the organizations so they must know the way of working for and ... - What are Administrative Skills?
Administrative skills include the skill of understanding the planning, budgeting, staffing etc. it also includes the ... - What is Risk Analysis?
Every project has some uncertainty. it is important for the project team to identify and assess ... - What is Monte Carlo Process?
Uncertainties are associated with every project. these uncertainties and risks must be identified and analyzed byt ... - What is Risk Handling?
Risks and uncertainties occur during projects which are to be identified, assessed, analyzed and handled carefully. ... - What is Program Evaluation and Review Technique (PERT)?
Program evaluation and review technique was developed in 1958 and 1959. a project involves planning and ... - What is Mandatory Dependencies?
Activities associated with the project are interdependent and linked together. a dependency is basically when one ... - What is Discretionary Dependencies?
After the project related activities are identified and listed, their sequence is established using a network ... - What is External Dependencies?
A work breakdown structure decomposes the project into its activities and tasks. however the most important ... - What is Business Value?
Where on one hand, a project is expected to deliver the requirements to customers, on the ... - What is Program management?
A program is basically the first-level element of a system. it is also called subsystem. a ... - What is Operations Management?
Although operations management is never studied under the project management field yet it is somewhat linked ... - What is Project Phase?
A project undergoes several phases during its life. the phases collectively are called project life-cycle. each ... - What is Phase Gate?
To ease the project management process, a project may be divided into different stages or phases. ... - What is Project Management Process Group?
Project management involves a set of different processes that are to be performed in order to ... - What is Project Business Case?
During a project, documentation is very important. it enables the project manager to record all the ... - What is Project Benefits Management Plan?
Documentation of a project is an important part of project management. documentation helps the organizations to ... - What is Project Management Office?
There are different types of organizational structures that can be adopted by the organizations. the management ... - What is Enterprise Environmental Factors?
Sometimes, a project is affected by its environment. the environmental factors that affect a project or ... - What is Organizational Process Assets?
Organizations work with different resources and assets. these can include plans, policies, processes, procedures, knowledge etc. ... - What is Organizational System?
When organizations carry out projects, they are performed under certain constraints that are imposed by the ... - What is Governance?
The general meaning of governance is the way of ruling or controlling. people responsible for running ... - What is Management Elements?
To run an organization, effective management is important. management is comprised of different components and aspects. ... - What is Strategic and Business Management Skills?
A project manager along with all the other skills also need strategic and business management skills. ... - What is Power?
The word 'power' is defined as the ability of a person to direct others in any ... - What is Laissez Faire Leadership?
Leadership refers to guide, motivate and influence people. a leader inspire others and is able to ... - What is Transactional Leadership?
Leadership is important in all the aspects of life. a leader is able to motivate and ... - What is Servant leadership?
A project manager is the leader of the project team.a project team members look up to ... - What is Transformational Leadership?
The act of leading and guiding a group of people is called leadership. a leader is ... - What is Charismatic Leadership?
A project manager is the leader of a project team. a project manager provides guidance and ... - What is Interactional Leadership?
In order to efficiently perform the assigned tasks and successfully complete the project, project team members ... - What is Personality?
Personality is a set of different behaviors, and emotional patterns within an individual which are affected ... - What is Complexity?
The word 'complexity' refers to something being complicated. projects can be of different types, easy or ... - What is Agile Approach?
Different approaches are used in project management. one of them is agile approach. agile approach is ... - What is Expert Judgment?
Usually, an expert's opinion is required for a specific area of knowledge. the judgment provided by ... - What is Facilitation?
A project manager must possess some specific set of skills to efficiently manage the project team. ... - What is Project Management Plan?
Project management is basically the application of different tools and skills etc. to carry out a ... - What is Communications Management Plan?
Communication is a crucial part of project. it is important for a project team to communicate ... - What is Stakeholders Engagement Plan?
Stakeholder is a person, an organization or a group of people or organizations that is involved ... - What is Resources Management Plan?
Resources are any physical item needed for the project. resources include equipment, material, people etc. during ... - What is Procurement Management Plan?
Procurement is defined as acquiring the required. during a project, several different things are required to ... - What is Cost Baseline?
Cost baseline is basically a detailed budget of the project. the cost estimates of all the ... - What is Performance Measurement Baseline?
When a project is carried out, it is necessary to measure its performance in order to ... - What is Cost Management Plan?
A very necessary part of project management is the estimation of costs associated with the project ... - What is Quality Management Plan?
Just as important it is to complete the project on time and provide the required deliverables ... - What is Scope Management Plan?
Before starting a project, the scope of the project is defined. scope includes agreed deliverables, objectives ... - What is Schedule Baseline?
Customer's requirements are to be fulfilled to carry out a successful project. while performing a project, ... - What is Requirements Management Plan?
Requirements of customer for a particular project must be identified and managed so that the requirements ... - What is Scope Baseline?
Before starting the project, the scope of the project must be defined. a document that can ... - What is Change Management Plan?
It is important to identify any changes in the project. changes in the project that are ... - What is Configuration Management Plan?
Changes in a project are needed to be identified. not only the changes in the schedule ... - What is Management Review?
It is not a good practice to check the performance of the project after its completion ... - What is Requirements Traceability Matrix?
The first step of a project is to determine the requirements set by the customer. the ... - What is Milestone List?
Milestones are basically specific points in a project which are to be achieved to successfully complete ... - What is Project Management Information System?
With the increase in the use of technology, project management is also moving towards computer tools. ... - What is Work Performance Data?
When a project is carried out, it is important to monitor the performance of the project ... - What is Issue Log?
Issues and problems during a project are inevitable. as different people work together, or different components ...