COMM 153 Study Guide - Final Guide: Kaustinen, Project Charter, Project Risk Management

• School: Queen's University
• Department: Commerce
• Course: COMM 153
• Professor: Valerie Bartlett

Document Summary

Individual learning: does the team experience provide a growth and development opportunity for all member. Projects: attain objectives and terminate, unique deliverable, temporary, dynamic teams formed to meet project needs, less managerial authority. Operations: sustain the organization, may not have a deliverable, ongoing, functional teams aligned with organizational structure, formal authority. 5 major process groups: initiating project, planning the project, monitoring and controlling the project, executing the project, closing the project. Steps to initiating projects: project charter; components are , project overview, objectives, requirements, business justification, resource and cost estimates, roles and responsibilities, sign off, identify stakeholders, understand importance of project charter. Project planning: define the project scope (what is to be done, many similar contents to project charter, but in addition has exclusions (out of scope items), product acceptance criteria, assumptions and constraints. Triple constraint: quality is a balance between scope, time and cost constraints.