C790 Nursing Informatics (WGU) Project Management Graded A+(100% Verified)

C790 Nursing Informatics (WGU) Project Management project management - ✔✔ organizing and directing other people to achieve a planned result within a predetermined schedule and budget. oversight committee - ✔✔ clients and key managers who review the progress and direct the project Level of formality o r ceremony - ✔✔ the rigor of holding formal meetings and producing detailed documentation Agile Project Management - ✔✔ a way of balancing flexibility and chaos: how to be agile and flexible while maintaining control of the project schedule, budget, and del iverables. agile time frame -difficult to create/maintain project schedule cost estimates are difficult to make, especially with a project in which the requirements are expected to change throughout. project manager controls cost quality management: each iteration has a deliverable. testing spread throughout project, also process evaluations of each iteration system vision document (SVD) - ✔✔ a document to help define the scope of a new system business benefits - ✔✔ the benefits th at accrue to the organization; usually measured in dollars (part of SVD) system capabilities - ✔✔ the required capabilities of a new system; part of a System Vision Document (part of SVD) cost/benefit analysis - ✔✔ process of comparing costs and benefits t o see whether investing in a new system will be beneficial net present value (NPV) - ✔✔ the present value of dollar benefits and dollar costs of a particular investment break -even point - ✔✔ the point in time at which dollar benefits offset dollar costs payback period - ✔✔ the time period during which the dollar benefits offset the dollar costs tangible benefit - ✔✔ a benefit that can be measured or estimated in terms of dollars intangible benefit - ✔✔ a benefit that accrues to an organization but that can' t be measured quantitatively or estimated accurately project dashboard - ✔✔ allows all types of project information to be posted and viewed by Web browsers project iteration schedule - ✔✔ the list of iterations and use cases or user stories assigned to eac h iteration detailed work schedule - ✔✔ the schedule that lists, organizes, and describes the dependencies of the detailed work tasks Work Breakdown Structure (WBS) - ✔✔ the list or hierarchy of activities and tasks of a project; used to estimate the work to be done and to create a detailed work schedule Gantt chart - ✔✔ a bar chart that portrays the schedule by the length of horizontal b ars superimposed on a calendar