Project Context Flashcards

1
Q

Project Characteristics

A
  • Unique
  • Finite Time-Bound
  • Revolutionary
  • Risk & Uncertainty
  • Specially Assembled Team
  • Dynamic Environment
  • Temporary
  • Stakeholders
  • Change
  • Transformational Authority
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2
Q

Business as Usual (BAU) Characteristics

A
  • Repetitive
  • Ongoing
  • Evolutionary
  • Based on Experience
  • Permanent Workforce
  • Stable
  • Permanent
  • Shareholders
  • Maintenance
  • Transactional Authority
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3
Q

Benefits of Programme Management

A
  • Resource Management
  • Project Coordination
  • Stakeholder Management
  • Business Operations
  • Effective Configuration Management
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4
Q

Key Programme Management Roles

A
  • Programme Sponsor
  • Programme Managers
  • Business Change Managers
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5
Q

Challenges of Programme Management

A
  • Planning coordination
  • Complacency
  • High level stakeholder management
  • Mistakes can threaten organisational viability
  • Complex communications
  • Significant impact on BAU
  • Competing project managers
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6
Q

Purpose of Portfolio Management

A
  • Firms face more difficultie with implementation of strategies than with their formation
  • It is easy to articulate a vision, to have a mission, and to create a strategy in the boardroom
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7
Q

Benefits of Portfolio Management

A
  1. Providing better decision making
  2. Reducing risks
  3. Optimal allocation of resources
  4. Improved capability to undertake more projects
  5. Creates project comparability
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8
Q

Challenges of Portfolio Management

A
  1. Difficult to implement
  2. How is data delivered to Portfolio Managers?
  3. Are resources fairly optimised?
  4. Portfolio management failure can lead to business failure
  5. Are all projects suitable for inclusion within portfolios?
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9
Q

PESTLE

A
Political
Economic
Sociological
Technological
Legal
Environmental
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10
Q

Key Steps in Context Analysis

A
  1. Gathering Data
  2. Analyse and Assess
  3. Plan response
  4. Monitor and Contol
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11
Q

PM needs for Health & Safety Legislation

A
  • Establish a health and safety policy and mechanism to implement it
  • Utilise performance measures such as KPIs, checks, inspections etc. to gain assurance of compliance
  • Measure effectiveness in health and safety performance to enable improvements such as through audits and reviews of data
  • Managers also have a moral obligations to protect people from harm and manage safety risks throughout the project lfice cycle.
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12
Q

Legislative Duties of PMs

A
  • PM has a legal duty as well as a moral responsibility to protect others from harm
  • A duty to ensure the health and safety of the team
  • Ensuring that the work is delivered in a way that manages relevant risks
  • Ensuring compliance with relevant international health and safety legislation
  • Lead by example
  • Foster a good H&S culture
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13
Q

Legislative Considerations

A
  • Environmental
  • Employment
  • Contract
  • Data Protection
  • Freedom of Information
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