P&O Definitions Potpourri Roles
What is a project?
A temporary endeavor undertaken to create a unique product or service”…and is “progressively elaborated.”
What is a Life Cycle/Phases
The series of phases that a project passes through from its initiation to its closure / A collection of logically related project activities that culminates in the completion of one or more deliverables.
What is a Project Manager
The person assigned by the performing organization to lead the team that is responsible
for achieving the project objectives.
What are Operational Work?
An organization's ongoing, repetitive activities
What are Knowledge Areas
A collection of processes and knowledge areas accepted as best practice for the project management profession.
What is a Project Team
A set of individuals who support the project manager in performing the work of the project to achieve its objectives.
What is Project Management
The application of knowledge, skills, tools, and techniques to project activities to meet the
project requirements.
What is Change Management
A process used to control the adverse effects of scope creep internally generated by the customer.
What is a Project Management Team
The members of the project team who are directly involved in project management activities. On some smaller projects, the project management team may include virtually all of the project team members.
What is a Program
A group of related projects, subprograms, and program activities managed in a coordinated way to
obtain benefits not available from managing them individually.
What is Portfolio Management
The centralized management of one or more portfolios to achieve strategic objectives.
What is an Executive Sponsor
An upper-level manager who provides resources and support for the project, program, or portfolio and is accountable for enabling success.
accountable for enabling success.
What is a Portfolio
Projects, programs, subportfolios, and operations managed as a group to achieve strategic objectives.
What are Stakeholders
Individuals, groups, or organizations who may affect, be affected by, or perceive itself to be affect by a decision, activity, or outcome of a project.
What is a Project Sponsor
A person or group who provides resources and support for the project, program, or portfolio and is
accountable for enabling success for Project Managers and project team.

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