Who is the person or group who provides the financial resources for the project quizlet?

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SDSU

Terms in this set (99)

Planning, Analysis, Design, Development, Testing, Implementation, Maintenance

SDLC seven phases

Planning phase

establishes a high-level plan of the intended project and determines project goals

Analysis phase

the firm analyzes its end-user business requirements and refines project goals into defined functions and operations of the intended system

Design phase

establishes descriptions of the desired features and operations of the system including screen layouts, business rules, process diagrams, pseudo code, and other documentation

Development phase

takes all the detailed design documents from the design phase and transforms them into the actual system

Testing phase

brings all the project pieces together into a special testing environment to eliminate errors and bugs, and verify that the system meets all the business requirements defined in the analysis phase

Implementation phase

the organization places the system into production so users can begin to perform actual business operations with it

Maintenance phase

the organization performs changes, corrections, additions, and upgrades to ensure the system continues to meet its business goals

Waterfall methodology

A sequence of phases in which the output of each phase becomes the input for the next

Agile Methodology

Aims for customer satisfaction through early and continuous delivery of useful software components developed by an iterative process using the bare minimum requirements

Rapid Application Development (RAD) Methodology

Emphasizes extensive user involvement in the rapid and evolutionary construction of working prototypes of a system to accelerate the systems development process

Extreme Programming (XP) Methodology

Breaks a project into tiny phases, and developers cannot continue on to the next phase until the first phase is complete

Rational Unified Process (RUP) Methodology

Provides a framework for breaking down the development of software into four gates

Scrum Methodology

Uses small teams to produce small pieces of deliverable software using sprints, or 30-day intervals, to achieve an appointed goal

The Project Management Institute (PMI)

develops procedures and concepts necessary to support the profession of project management

Project

Temporary activities undertaken to create a unique product or service

Project Management

The application of knowledge, skills, tools, and techniques to project activities to meet project requirements

Project Manager

An individual who is an expert in project planning and management, defines and develops the project plan, and tracks the plan to ensure the project is completed on time and on budget

Project Deliverable

Any measurable, tangible, verifiable outcome, result, or item that is produced to complete a project or part of a project

Project Milestone

Represents key dates when a certain group of activities must be performed

Project Management Office (PMO)

An internal department that oversees all organizational projects

Time, Cost, Scope

The triple constraint

Project Stakeholder

Individuals and organizations actively involved in the project or whose interests might be affected as a result of project execution or project completion

Executive Sponsor

The person or group who provides the financial resources for the project

Project Charter

A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities

Specific, Measurable, Agreed upon, Realistic, Time frame

SMART criteria

Project objectives

quantifiable criteria that must be met for the project to be considered a success

Project constraints

specific factors that can limit options; budget, delivery dates, available skilled resources, organizational policies

Project assumptions

factors considered to be true, real, or certain without proof or demonstration; eg. Hours in a workweek, time of year the work will be performed

Kill switch

a trigger that enables a project manager to close the project before completion

PERT chart

graphical network model that depicts a project's tasks and the relationships between them

dependency

logical relationship that exists between the project tasks, or between a project task and a milestone

Critical path

estimates the shortest path through the project ensuring all critical tasks are completed from start to finish

Gantt chart

simple bar chart that lists project tasks vertically against the project's time frame, listed horizontally

Project Plan

A formal, approved document that manages and controls project execution

Change management

offers procedures and policies managers can use to help manage change during a system development

Change control board (CCB)

responsible for approving or rejecting all change requests

Onshore outsourcing

engaging another company within the same country for services

Nearshore outsourcing

contracting an outsourcing arrangement w/a company in a nearby country.

Offshore outsourcing

using organizations from developing countries to write code and develop systems

In-sourcing

Uses the professional expertise within an organization to develop and maintain its information technology systems

Outsourcing

An arrangement by which one organization provides a service or services for another organization that chooses not to perform them in-house

Integration

Allows separate systems to communicate directly with each other, eliminating the need for manual entry into multiple systems

Forward integration

takes information entered into a given system and sends it automatically to all downstream systems and processes

Backward integration

takes information entered into a given system and sends it automatically to all upstream systems and processes

Legacy system

a current or existing system that will become the base for upgrading or integrating with a new system

Enterprise System

Provide enterprisewide support and data access for a firm's operations and business processes

Enterprise Application Integration

Connects the plans, methods, and tools aimed at integrating separate enterprise systems (EAI)

Middleware

Several different types of software that sit between and provide connectivity for two or more software applications

Enterprise Application Integration Middleware

Packs commonly used applications together, reducing the time needed to integrate applications from multiple vendors (EAIM)

Supply Chain Management

The management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and profitability (SCM)

Supply Chain Visibility

The ability to view all areas up and down the supply chain in real time

Supply Chain Planning System

Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory (SCPS)

Supply Chain Execution System

Automates the different activities of the supply chain (SCES)

Bullwhip Effect

Occurs when distorted product demand information ripples from one partner to the next throughout the supply chain

Demand Planning System

Generates demand forecasts using statistical tools and forecasting techniques, so companies can respond faster and more effectively to consumer demands through supply chain enhancements (DPS)

Back order

an unfilled customer order for a product that is out of stock

Inventory cycle time

the time it takes to manufacture a product and deliver to the retailer

Customer order cycle time

the agreed upon time between the purchase of a product and the delivery of the product

Inventory turnover

the frequency of inventory replacement

Cost

An SCM system can cost millions of dollars for the software and millions more for help implementing the system

Complexity

The move towards globalization is increasing complexity in the supply chain

Collaborative demand planning

reduces inventory investments, while improving customer satisfaction

Collaborative engineering

reduces product development costs

Selling chain management

automates order processes from initial customer inquiry to final product delivery

Supply chain event management

increases real-time information sharing among supply chain partners focusing on reducing response time to unexpected events (SCEM)

Customer relationship management

Involves managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability (CRM)

CRM Reporting Technology

Help organizations identify their customers across other applications

CRM Analysis Technologies

Help organization segment their customers into categories such as best and worst customers

CRM Predicting Technologies

Help organizations make predictions regarding customer behavior such as which customers are at risk of leaving

Operational CRM

Supports traditional transactional processing for day-to-day front-office operations or systems that deal directly with the customers

Analytical CRM

Supports back-office operations and strategic analysis and includes all systems that do not deal directly with the customers; relies heavily on data warehousing technologies and business intelligence to glean insights into customer behavior

List generator

compile customer information from a variety of sources and segment it for different market sources and segment it for different marketing campaigns

Campaign management system

guide users through marketing campaigns by performing such tasks as campaign definition, planning, scheduling, segmentation, and success analysis

cross-selling

selling additional products or services to an existing customer

up-selling

increasing the value of the sale

Sales force automation (SFA)

automatically tracks all the steps in the sales process

Sales management CRM systems

automate each phase of the sales process, helping individual sales representatives coordinate and organize all their accounts

Contact management CRM systems

maintains customer contact information and identifies prospective customers for future sales

Opportunity management CRM systems

target sales opportunities by finding new customers or companies for future sales

Contact center (call center)

where customer service representatives answer customer inquires and solve problems

Web-based self-service system

allow customers to use the web to find answers to their questions or solutions to their problems

Call scripting system

gather product details and issue resolution information that can be automatically generated into a script for the representative to read to the customer

Automatic call distribution

routes inbound calls to available agents

Interactive voice response (IVR)

directs customers to use touch-tone phones or keywords to navigate or provide information

Predictive dialing

automatically dials outbound calls and forwards answered calls to an available agent

Website personalization

occurs when a website has stored enough data about a person's likes and dislikes to fashion offers more likely to appeal to that person

Supplier relationship management

focuses on keeping suppliers satisfied by evaluating and categorizing suppliers for different projects (SRM)

Partner relationship management

discovers optimal sales channels by selecting the right partners and identifying mutual customers (PRM)

Employee relationship management

provides web-based self-service tools that streamline and automate the human resource department (ERM)

Enterprise Resource Planning

integrates all departments and functions throughout an organization into a single IT system so employees can make decisions by viewing enterprise wide information about all business operations (ERP)

Core ERP Component

Traditional components included in most ERP systems and they primarily focus on internal operations

Extended ERP Component

Extra components that meet the organizational needs not covered by the core components and primarily focus on external operations

Accounting and Finance ERP Component

Manages accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management

Production and Materials Management ERP Component

Handles the various aspects of production planning and execution such as demand forecasting, production scheduling, job cost accounting, and quality control

Human Resource ERP Component

Tracks employee information including payroll, benefits, compensation, and performance assessment and assumes compliance with the legal requirements of multiple jurisdictions and tax authorities

Elogistics

manages the transportation and storage of goods

Eprocurement

the B2B online purchase and sale of supplies and services

Balanced scorecard

a management system, as well as a measurement system, that a firm uses to translate business strategies into executable tasks

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Who is the person or group that provides the financial resources for the project?

The Project Management Institute's A Guide to the Project Management Body of Knowledge (PMBOK® Guide)—Fourth edition defines sponsor as “the person or group that provides the financial resources—in cash or in kind—for the project” (Project Management Institute [PMI], 2008a, p. 441).

What is a project champion quizlet?

a project champion is an individual who has the authority to use resources within or outside an organization for completion of a given project. A project champion is chosen by the management so as to ensure supervision of a specific project right from its initiation phase to its execution phase.

Which of the following does a project manager perform?

In the broadest sense, project managers (PMs) are responsible for planning, organizing, and directing the completion of specific projects for an organization while ensuring these projects are on time, on budget, and within scope.

What is an internal department that oversees all organizational projects?

What is a project management office? A Project Management Office (PMO) is usually an internal department that oversees all project management activities, with the goal of standardizing processes and improving efficiency across the organization.