Chapter 2 PMP Framework

* Is a temporary endeavor with a beginning and an end. * Creates a unique product, service, or result

operation work is ongoing, project work ends

A program is a group of projects. Management is coordinated since projects are related. Can include efforts like th program mgr's coordination and mgt activites

A group of programs to achieve a specific strategic business goal. Programs may not be related, but achieve common strategic goal.

1. Provides policies, methodologies, and templates 2. Provides support & guidance on projects 3. Provides project managers for projects & responsible for results of those projects.

1. Establish unambiguous & realstic objectives 2. Periodically evaluate if objectives are being met 3. Implement corrective action

Time, Cost, Risk, Scope, Quality, Resources, Or any other factors that limit options (eg. customer sat)

PMI's organizational project management maturity model.

Most common form of organization

Entire company is organized by projects

Attempt to maximize strengths of functional and projectized. Think "two bosses". Team members to project work in addition to normal dept work.

Staff assistant or communication coordinator

Has some power to make decisions, some authority, and reports to a higher-level manager

Lasts from the conception of a new product to its withdrawal.

Sometimes referred to as the performing organization's or dept's methodology for projects

This is not part of project management but are alternative product life cycles.

Initiating, Planning, Executing, Monitoring & Control, Closing