PMP prep vocab 2

Aug 13, 2024

Lecture on Project Management Concepts

Enterprise Environmental Factors (EEFs)

  • Definition: Conditions (internal or external) not under the control of the project team.
    • Influence, constrain, or direct projects at various levels (organizational, portfolio, program, project).
  • Examples:
    • External: Weather, market conditions, government laws.
    • Internal: Company culture (hard to change quickly).

Organizational Process Assets (OPAs)

  • Definition: Internal plans, processes, policies, procedures, and knowledge bases owned by the organization.
    • Can be changed by the organization.

Techniques for Gathering Requirements

  • Document Analysis: Reviewing current documentation to identify project requirements.
  • Focus Groups: Elicitation technique with pre-qualified stakeholders and experts to learn about expectations.
    • Focus on decision-making.
  • Facilitation: Involves cross-functional people for idea generation.
  • Questionnaires and Surveys: Written questions to capture information quickly from many respondents.
  • Benchmarking: Comparing current practices to best practices from other organizations.
  • Interviews: Direct communication to gather information from stakeholders.
  • Observations: Gaining knowledge by watching tasks being performed to identify needs.
  • Facilitated Workshops: Organized sessions led by facilitators to agree on project requirements.
  • Context Diagrams: Visual representation of product scope showing interactions with systems and people.
  • Storyboarding: Using visuals to illustrate processes or project outcomes.
  • Prototyping: Creating a working model to obtain early feedback on requirements.

Requirements Management

  • Requirements Management Plan: Describes how requirements will be analyzed, documented, and managed.
  • Requirements Traceability Matrix: Links requirements to deliverables.

Project Scope

  • Project Scope Statement: Detailed description of project deliverables, assumptions, and constraints.
  • Product Analysis: Defining scope by questioning the product to ensure all aspects are covered.

Work Breakdown Structure (WBS)

  • Definition: Hierarchical decomposition of the total scope of work.
  • Code of Accounts: Numbering system identifying each WBS component.
  • WBS Dictionary: Provides detailed information about each WBS component.
  • Control Account: Management control point integrating scope, budget, cost, and schedule for performance measurement.