What is Project Portfolio Management in Project Management? An increasing number of organisations are using, what is referred to as, project portfolio management (PPM) as a means of selecting the right projects and then using project management techniques as the means for delivering the outcomes in the form of benefits to the performing private or not-for-profit organisation. Project [...]
What is Work Breakdown Structure in Project Management? Work Breakdown Structure The Work Breakdown Structure (WBS) is a tree structure, which shows a subdivision of effort required to achieve an objective; for example a program, project, and contract. The WBS may be hardware, product, service, or process oriented. Thus, it also known as tree diagrams, breakdown structures are widely used in project management when there [...]
What is Project Management Process in Project Management? Traditionally, project management includes a number of elements: four to five process groups, and a control system. Regardless of the methodology or terminology used, the same basic project management processes will be used. The project development stages Major process groups generally include: Initiation Planning or development Production [...]
What is Knowledge Areas in PMBOK? How the PMBOK got its name is largely related to how it categorizes key aspects of a project, which are termed as "knowledge areas." There are nine knowledge areas. Knowledge areas are organized by their role in a project. For example, core areas are considered to be the pillars [...]
What is Project Manager in Project Management? Project Manager is the person assigned by the performing organization to lead the team that is responsible for achieving the project objectives. In general, project managers have the responsibility to satisfy the needs: task needs, team needs, and individual needs. Common project manager tasks: Create and sell a vision [...]
What is a Project in Project Management? A project is a temporary endeavor undertaken to create a unique product, service, or result. The temporary nature of projects indicates that a project has a definite beginning and end. The end is reached when the project’s objectives have been achieved or when the project is terminated because its [...]
Project Management - What is Project Management? Project management is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. Project management is accomplished through the appropriate application and integration of the 47 logically grouped project management processes, which are categorized into five Process Groups. These five Process Groups are: [...]
Project Management - What is PMO in Project Management? A Project Management Office, abbreviated to PMO, is a group or department within a business, agency or enterprise that defines and maintains standards for project management within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects. It is a management structure that standardizes the project-related governance processes [...]
TOGAF - What is Preliminary Phase? The Preliminary Phase describes the preparation and initiation activities required to prepare to meet the business directive for a new enterprise architecture, including the definition of an Organization-Specific Architecture framework and the definition of principles.
In TOGAF, “architecture” has two meanings depending upon the context: A formal description of a system, or a detailed plan of the system at a component level to guide its implementation. The structure of components, their inter-relationships, and the principles and guidelines governing their design and evolution over time.