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Actions to make sure the project objectives are completed successfully
Monitoring and Controlling Processes
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A group of programs or projects related and managed in a coordinated way to achieve specific strategic business goals
Portfolio
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An organization or individual authorized and capable of starting a project
Initiator
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A specific function performed by a member of a project team with defined behaviors and activities
Role
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Any internal or external organization variables that can influence the project success; Examples: company culture, the business market, technology, and personnel
Enterprise Environmental Factors (Output/Input)
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The generally sequential phases of a product
Product Life Cycle
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A company, business, or other formal structure that encompasses a business function
Enterprise
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An approach for measuring the variance associated with the scope, time, or cost of the project
Variance Analysis (Technique)
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A phrase that describes a war room or close environment for the team; can also be used as a noise answer on organizational-related questions
Tight Matrix
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A structure within a company where people are organized by (and report to) a combination of Project and Functional Managers
Matrix Organizational Structure
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The entity whose personnel are most directly involved in performing the work of the project
Performing Organization
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A requirement developed by a government organization
Regulation
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An approach to meeting project objectives by utilizing defined methodology which includes knowledge, skills, tools, and techniques
Project Management
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A temporary undertaking to create a unique product, service, or result
Project
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The beginning processes in a project, which happen prior to Planning
Initiating Processes
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The various process-related assets from the organizations involved in the project work; can include templates, documentation, methods and procedures, and policies
Organizational Process Assets
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Analyze variances between actual performance and planned performance to effect improvements
Control
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The elements needed to manage a project: processes, tools, methods etc.
Project Management System
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A person or organization that is not necessarily directly related to the project but can influence the project in either a good or bad way
Influencer
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The process that can result in the authorization of a project
Project Initiation
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A room shared by project personnel that can be used for planning and meetings, and display charts, graphs, and various other project information
War Room
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A Planning process that considers the requirements the customer really needs when technical requirements are created
Voice of the Customer (VOC)
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A group of people with similar goals who form a team but spend little (if any) time together
Virtual Team
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The individual, group, or company that will own the work of the project when it is complete
Customer
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A manager of a department or unit in a functional organization
Functional Manager
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Standards to which project variables are compared for acceptability
Criteria
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Activities during which formal acceptance and completion procedures are attained from either a phase or the project itself
Closing Processes
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The agreement to be able to assign project resources, make project decisions, and spend project funding
Authority
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Performing day-to-day operations by a project management approach
Management by Projects
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The nine project management knowledge areas are integration, scope, time, cost, quality, human resource, communication, risk, and procurement
Project Management Knowledge Area
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The person responsible for ensuring that project objectives are met
Project Management (PM)
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The day-to-day repeatable activities that a company performs
Operations
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A partially filled-out document that can serve as a shell for completion of project documents
Template
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A procedure executed by a resource to complete activities on the project
Technique
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The process of completing work on the project - It is not the project management of the work, but rather the work process such as the building process of creating a house. This life cycle typically coexists with the project management life cycle
Project Life Cycle
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A group of people formed for the purpose of performing work within a company or enterprise
Organization
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An established norm or requirement
Standard
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A group of project activities making up a piece of the project that interrelates with other pieces to make up the project
Project Phase
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Work performed without resulting in a physical product
Service
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Person or entity whose interests are positively or negatively affected by the project or whose influence can positively or negatively affect the project
Stakeholder
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A group of related projects that are managed to obtain synergistic benefits and control
Program
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Products that have been created and are available for purchase
Goods
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The central group of project management at a company; can be a centralized group of Project Managers or the office that standardizes policy or procedures
Project Management Office
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Person or group who provides the financial resources for the project
Sponsor
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A smaller piece of the project, as a result of decomposition; is usually created as a result of creating the work breakdown structure
Subproject
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The knowledge within the profession of project managment
Project Management Body of Knowledge
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The capability to execute project-related activities based on individual subject matter expertise and abilities
Skill
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A set of procedures used in project management
Methodology
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A division of a phase of a project
Subphase
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Information from previous projects that can be used to learn from success and failure
Historical Information
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An organization which authorizes the project manager to assign resources to the project, to establish priorities, and to direct the work of the project
Projectized Organization
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A structure within a company where people are grouped by similar skill set (e.g., accounting, marketing, engineering)
Functional Organizational Structure
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The process of beginning a project and, as more information is discovered, adjusting the plan to reflect the information and progress
Progressive Elaboration (Technique)
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The coordination of personnel and additional resources to implement the project management plan and create the deliverables of the project
Executing Processes
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The processes required to develop the activities to attain an objective
Planning Processes
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The group of processes that complete a project (Initiating, Planning, Executing, Monitoring & Controlling, and Closing
Project Management Process Groups
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A team-building technique in which team members are located together, or as close to each other as possible
Co-location
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The management of projects in a coordinated way to achieve better results than if managed separately
Program Management
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Managing various portfolios that include the projects and programs of which they consist; can include prioritization, authorization, and management
Portfolios Management (Technique)
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