A guide to passing PMP® exam! series..

Project Management Basics

Based on the PMBOK® book

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A Project

A Project is a temporary endeavor undertaken to create a unique Product, Service or Result.

A ProgramA Program is a collection of related projects that are dependent on each other.

A program may have one or more projects

A PortfolioA portfolio is a collection of projects or programs managed together in order to gain a business benefit.

A portfolio will address strategic goals of the organization

Functional ManagerFunctional Manager is responsible for a specific function of an organization, such as Finance, Customer Success, Sales, or Human Resources.

Operations ManagerOperations Manager manages 'ongoing' activity of an organization.

Examples?

• IT team of a company manages IT Operations• A catering service serving food to patients in a

hospital

Differences

Enterprise Environmental Factors

Stakeholder

A person or organization that is actively involved in the project, or whose interests may be positively or negatively affected by the project.

Project Phases - Overlapping

Project Phases - sequential

Organizational Structure

References

• What is a project and how to manage it• Project, Program and Portfolio• Who is a Project Manager and how to become

a good one?• Enterprise Environmental Factors (EEF) and

Organizational Process Assets (OPA)• Who are the Stakeholders?• Project Phases• Organizational Structure

PMI is a registered trademark and service mark of the Project Management Institute, Inc.PMP is a registered certification mark of the Project Management Institute, Inc.PMBOK is a registered trademark of the Project Management Institute, Inc.

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