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PREDICTIVE Terms 3
Term | Definition |
---|---|
OUTCOME OF HUMAN BEHAVIOR, SYSTEM INTERACTIONS, UNCERTAINTY, & AMBIGUITY THAT CAN BE INTRODUCED BY EVENTS OR CONDITIONS | COMPLEXITY PRINCIPLE |
UNCERTAIN EVENT OR CONDITION THAT, IF IT OCCURS, CAN HAVE A POSITIVE OR NEGATIVE EFFECT ON ONE OR MORE OBJECTIVES | RISK PRINCIPLE |
ABILITY TO RESPOND TO CHANGING CONDITIONS | ADAPTABILITY PRINCIPLE |
ABILITY TO ABSORB IMPACTS & TO RECOVER QUICKLY FROM A SETBACK OR FAILURE | RESILIENCY PRINCIPLE |
STRUCTURED APPROACH THAT HELPS INDIVIDUALS, GROUPS, & ORGANIZATIONS TRANSITION FROM THE CURRENT STATE TO A FUTURE DESIRED STATE | CHANGE PRINCIPLE |
GROUP OF RELATED ACTIVITIES THAT ARE CRITICAL FOR THE EFFECTIVE DELIVERY OF PROJECT OUTCOMES | PERFORMANCE DOMAINS |
ADDRESSES ACTIVITIES & FUNCTIONS ASSOCIATED WITH STAKEHOLDERS | STAKEHOLDER P.D. |
ELEMENTS OF STAKEHOLDER PERFORMANCE DOMAINS | - IDENTIFY - UNDERSTAND & ANALYZE - PRIORITIZE - ENGAGE - MONITOR |
DEALS W/ ACTIVITIES & FUNCTIONS ASSOCIATED WITH THE PEOPLE WHO ARE RESPONSIBLE FOR CREATING PROJECT DELIVERABLES THAT REALIZE BUSINESS OUTCOMES | TEAM P.D. |
LEADERSHIP METHOD THAT IS BASED ON UNDERSTANDING & ADDRESSING THE NEEDS & DEVELOPMENT OF PROJECT TEAM MEMBERS | SERVANT LEADERSHIP |
DEALS W/ ACTIVITIES & FUNCTIONS ASSOCIATED WITH THE DEVELOPMENT OF APPROACH, CADENCE, & LIFE CYCLE PHASES OF THE PROJECT | DEVELOPMENT APPROACH & LIFE CYCLE P.D. |
DEALS W/ ACTIVITIES & FUNCTIONS ASSOCIATED W/ THE INITIAL, ONGOING, & EVOLVING ORGANIZATION & COORDINATION NECESSARY FOR DELIVERING PROJECT DELIVERABLES & OUTCOMES | PLANNING P.D. |
DEALS W/ ACTIVITIES & FUNCTIONS ASSOCIATED W/ ESTABLISHING PROJECT PROCESSES, MANAGING PHYSICAL RESOURCES, & FOSTERING A LEARNING ENVIRONMENT | PROJECT WORK P.D. |
DEALS W/ ACTIVITIES & FUNCTIONS ASSOCIATED W/ DELIVERING THE SCOPE & QUALITY THAT THE PROJECT WAS UNDERTAKEN TO ACHIEVE | PROJECT DELIVERY P.D. |
DEALS W/ ACTIVITIES & FUNCTIONS ASSOCIATED W/ ASSESSING THE PROJECT PERFORMANCE & TAKING APPROPRIATE ACTIONS TO MAINTAIN ACCEPTABLE PERFORMANCE | MEASUREMENT P.D. |
TWO TYPES OF KPI'S | - LEADING INDICATORS - LAGGING INDICATORS |
S.M.A.R.T METRICS | - SPECIFIC - MEANINGFUL - ACHIEVABLE - RELEVANT - TIMELY |
MEASUREMENT PITFALLS | - HAWTHORNE EFFECT - VANITY METRIC - DEMORILIZATION - MISUSING THE METRICS - CONFIRMATION BIAS |
DEALS W/ ACTIVITIES & FUNCTIONS ASSOCIATED W/ RISK & UNCERTAINTY | UNCERTAINTY P.D. |
5 TRADITIONAL PROCESS GROUPS | - INITIATING - PLANNING - EXECUTING - MONITORING & CONTROLLING - CLOSING |
PROCESS ITTO'S | - INPUT - TOOLS & TECHNIQUES - OUTPUT |
THINGS THAT IMPACT THE PROJECT BUT ARE NOT PART OF THE PROJECT ITSELF | ENTERPRISE ENVIRONMENTAL FACTORS (INPUT) |
THINGS SUCH AS INFORMATION, POLICIES, PROCEDURES, DOCUMENTS, OR KNOWLEDGE BASES WHICH ARE MEANT TO HELP THEM IN ACHIEVING THEIR OBJECTIVES | ORGANIZATION PROCESS ASSETS (INPUT) |
ANY DOCUMENTS RELATED TO THE PROJECT, BUT ARE NOT PART OF THE PROJECT PLAN | PROJECT DOCUMENTS (INPUT) |
DEFINES HOW THE PROJECT IS EXECUTED, MONITORED, CONTROLLED, & CLOSED | PROJECT MANAGEMENT PLAN |
ONE OF THE MOST COMMON TOOLS IN THE PLANNING PROCESS | EXPERT JUDGMENT (TOOL) |
ON CERTAIN PROCESSES, YOU'LL NEED TO GATHER ADDITIONAL DATA BEFORE CREATING AN OUTPUT FOR THAT PROCESS | DATA GATHERING |
ANALYZING THE GATHERED DATA | DATA ANALYSIS |
METHODS OF DATA GATHERING | - ALTERNATIVE ANALYSIS - ROOT CAUSE ANALYSIS - VARIANCE ANALYSIS - TREND ANALYSIS |
ILLUSTRATE DIFFERENT WAYS DATA CAN BE SHOWN TO STAKEHOLDERS | DATA REPRESENTATION |
EXAMPLES OF DATA REPRESENTATION | - MATRIXES - FLOWCHARTS - FISHBONE DIAGRAMS - HISTOGRAMS |
MAKE A DECISION BASED ON THE DATA | DECISION MAKING |
METHODS OF DECISION MAKING | - VOTING - MULTICRITERIA DECISION ANALYSIS - AUTOCRATIC DECISION MAKING |
THE MOST IMPORTANT TOOL IN REAL-LIFE PROJECT MANAGEMENT | INTERPERSONAL & TEAM SKILLS |
METHODS OF INTERPERSONAL & TEAM SKILLS | - ACTIVE LISTENING - CONFLICT MANAGEMENT - FACILITATION - MEETING MANAGEMENT |
AUTOMATED SYSTEM USED TO HELP THE PROJECT MANAGER OPTIMIZE THE SCHEDULE OR KEEP TRACK OF ALL THE DOCUMENTS & DELIVERABLES | PROJECT MANAGEMENT INFORMATION SYSTEM (PMIS) |
PROPOSAL TO CHANGE A DOCUMENT, DELIVERABLE, OR BASELINE | CHANGE REQUEST |