Shared Flashcard Set

Details

COM5450-01
Terms of Chapter 1
24
Management
Graduate
09/02/2011

Additional Management Flashcards

 


 

Cards

Term
Best Practice
Definition
An optimal way recognized by industry to achieve a stated goal or objective
Term
Critical Path
Definition
The longest path through a network diagram that determines the earliest completion of a project
Term
Enterprise Project Management Software
Definition
Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called enterprise project management software
Term
Ethics
Definition
A set of principles that guide our decision making based on personal values of what is “right” and “wrong”
Term
Gantt Chart
Definition
A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates in a calendar format
Term
Green IT or Green Computing
Definition
Developing and using computer resources in an efficient way to improve economic viability, social responsibility, and environmental impact
Term
Leader
Definition
A person who focuses on long-term goals and big-picture objectives, while inspiring people to reach those goals
Term
Manager
Definition
A person who deals with the day-to-day details of meeting specific goals
Term
Portfolio Project Management Software
Definition
Software that integrates information from multiple projects to show the status of active, approved, and future projects across an entire organization; also called portfolio project management software
Term
Program
Definition
A group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually
Term
Program Manager
Definition
A person who provides leadership and direction for the project managers heading the projects within a program
Term
Project
Definition
A temporary endeavor undertaken to create a unique product, service, or result
Term
Project Management
Definition
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements
Term
Project Management Institute (PMI)
Definition
An international professional society for project managers
Term
Project Management Knowledge Area
Definition
Project integration management, scope, time, cost, quality, human resource, communications, risk, and procurement management
Term
Project Management Office (PMO)
Definition
An organizational group responsible for coordinating the project management functions throughout an organization
Term
Project Management Professional (PMP)
Definition
Certification provided by PMI that requires documenting project experience and education, agreeing to follow the PMI code of ethics, and passing a comprehensive exam
Term
Project Management Tools & Techniques
Definition
Methods available to assist project managers and their teams; some popular tools in the time management knowledge area include Gantt charts, network diagrams, and critical path analysis
Term
Project Manager
Definition
The person responsible for working with the project sponsor, the project team, and the other people involved in a project to meet project goals
Term
Project Portfolio Management or Portfolio Management
Definition
When organizations group and manage projects as a portfolio of investments that contribute to the entire enterprise’s success
Term
Project Sponsor
Definition
The person who provides the direction and funding for a project.
Term
Stakeholders
Definition
People involved in or affected by project activities.
Term
Triple Constraint
Definition
Balancing scope, time, and cost goal
Term
Virtualization
Definition
Hiding the physical characteristics of computing resources from their users, such as making a single server, operating system, application, or storage device appear to function as multiple virtual resources
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