Essential Vocabulary for Project Management

1. ESM3401 English for eSports Management 1 Chapter 7 Start-Up

2. OVERVIEW BUSINESS CORRESPON DENCE VOCABULAR Y SPEAKING READING WRITING LISTENING

3. Group Assignement

4. Team Member Tuesday 63127349005 ธีรศักด์ หัสจรรย์ 63127349019 ชลสิทธิ์ นิลคช 63127349023 ชัยชนะ บัณฑิตพิบูลย์ 63127349027 บุรินรัตน์ ยอดแก้ว 63127349040 นาย ธนทัต เงสันเทียะ วรพจน์ ศรีสงคราม ชยากร นุชผดุง ศรราม สิงหา ณัฐวินท์ จงเลิศจรรยา 63127349008 63127349009 63127349010 63127349038 5 1 นัตต์ วิศวประกอบกิจ สหรัฐ มิตรนุ่ม พงศ์ภีระ กุลชาชัย สวัสดิ์ อนุชา มูลมนัส วินวมินทร์ กลหลัด ณัฐชนนท์ แสงเทียน ทอง ปยุต พรหมพิริยา ธีรัตน์ สาเทศ บุญญฤทธิ์ ชัยจันดา 63127349030 63127349036 พงศธร สายภา ทศพล เสียงดัง อิสระ คุ้มไข่น ้า พิเชษฐ์ ฉันทศิริไพศาล 63127349004 63127349031 63127349033 63127349039 6 63127349012 2 63127349037 63127349014 ฌัลลิกา อัมพรสุข โชติกา พฤทธานันทน์ ธนัท กล่อมปาน อนุชา ศรีวิชา วรเมธ วรแสน 63127349001 63127349002 63127349003 63127349024 63127349025 63127349020 63127349029 63127349034 63127349035 63127349013 63127349021 63127349022 63127349028 63127349058 7 3 วีรชน ขมิ นทอง อดิศักดิ์ จารุสิน ชนะชล อ่อนนุ่ม ชยพล ชัชชัยมุงคุณ มุนินทร์ มณีสุดากร ณัฐกาญจน์ คงสมบูรณ์ เมษิณีย์ เหลืองรุ่งรัศ วสุพล ศรีรัตน์ พิชชาภา ว่องวารี 63127349006 63127349011 63127349016 63127349017 8 4

5. Team Member Wednesday นิริวิทย์ สุวรรณไมตรี สุภัทร แพรอด เป็นไทย กรรณ์เผือก วิชยุตม์ ยาวิชัย นรวีร์ สินศิริ เทวา รามเเก้ว ปราการ อยู่เล็ก ชลสิทธิ์ เจริญชนม์ พิมพ์ฉัตร ชนะสุข กังวาน ประภาวงศ์ ฉัตรณรงค์ ขาวศิริ ณัฐภัทร พุ่มมูล ฐิติมา ทองไทย ธีรพล พิมส้านวน สาธิต เตชะลือ นัตต์ วิศวประกอบกิจ สหรัฐ มิตรนุ่ม พงศ์ภีระ กุลชาชัย สวัสดิ์ อนุชา มูลมนัส วินวมินทร์ กลหลัด ณัฐชนนท์ แสงเทียน ทอง ปยุต พรหมพิริยา ธีรัตน์ สาเทศ บุญญฤทธิ์ ชัยจันดา วีรชน ขมิ นทอง อดิศักดิ์ จารุสิน ชนะชล อ่อนนุ่ม ชยพล ชัชชัยมุงคุณ มุนินทร์ มณีสุดากร 63127349052 63127349054 63127349042 63127349074 63127349065 63127349041 63127349043 63127349048 63127349066 63127349070 63127349049 63127349051 63127349057 63127349067 63127349078 63127349030 63127349036 1 6 63127349012 63127349037 63127349014 63127349020 2 63127349029 63127349034 63127349035 63127349013 63127349021 63127349022 63127349028 63127349058 7 3 8

6. Vocabulary

7. Vocabulary Milestone (N) Milestone (N) : Major event in a project lifecycle. It is used as a reference point to measure the progress of a project. Project Budget (N) : Project Budget (N) : Formally approved document featuring a comprehensive list of financial resources. Project Timeline (N) Project Timeline (N) : Outlines the project events in order of their occurrence. It captures exactly what needs to be done over the course of the project lifecycle and how it will be done. Project Stakeholder (N) Project Stakeholder (N) : Any individual that has a direct or indirect interest in a project. They usually affect or are affected by the project decisions being being taken over the course of the project lifecycle. Collaboration (N) Collaboration (N) : The process of actively involving each team member in project activities. The whole concept demands the development of an interconnected network through which individuals exchange information monitor the project performance.

8. Vocabulary Bottleneck (N) Bottleneck (N) : Work stage where the inflow of workload is greater than the capacity of the system. Scrum (N) Scrum (N) : The framework uses the iterative method of delivering projects and is based upon continuous systematic collaboration among team members in between the project cycle. Sprint (N) Sprint (N) : A sprint is a fixed unit of time during which specific tasks has to be completed. Work Breakdown Structure (WBS) (N) Work Breakdown Structure (WBS) (N) : Comprehensively divides the project deliverables into manageable sections. This hierarchical organizing of the team’s work helps everyone understand the nature of work better and execute project goals effectively. Work in Progress (WIP) (N) Work in Progress (WIP) (N) : At any point during a project, the number of task items a team is currently working on is called work in progress.

9. Start-Up

10. Start-Up Idea Team Team Building Building Project Project Idea Idea Project Project Planing Planing

11. Start-Up Idea The Value Proposition Canvas The Value Proposition Canvas Value Map Value Map (Specifific Value Proposition) Product and Service Product and Service (list of product and services your built around) Gain Creators Gain Creators (How your product and services create customer gain) Pain Relievers Pain Relievers (How your product and service alleviate customer pains) Customer Profile Customer Profile (Cuctomer Segmentations) Customer Jobs Customer Jobs (What customer are trying to get done in their works and lives) Gains Gains (The outcomes customer want to achieve or concrete benefits) Pains Pains (The bads outcomes, risks related to customer jobs)

12. Start-Up Idea The Value Proposition Canvas The Value Proposition Canvas

13. Start-Up Idea The Value Proposition Canvas The Value Proposition Canvas

14. Start-Up Process Start Start- -up planning up planning is a crucial stage that comes right after initiation in project management cycle. The cycle consists of four distinct phases: initiation, planning, execution and closure. Project Initiation : Project Initiation : Quickly establish is worth pursuing Project Planning : Project Planning : Align on Goal, Timeline and Budget Project Monitoring : Project Monitoring : Successfully achieve goals outlined in planning Project Closure : Project Closure : Wrap up project and capture key learning

15. Components Project Management Activities Activities Tasks Tasks Resources Resources

16. Components Project Management Activities Activities What are the things your team will need to do in order to get the project done? Tasks Tasks These are smaller jobs that make up the bigger picture of your project. Having incremental goals makes measuring success and addressing bottlenecks. Resources Resources What are you working with? Your resources include your budget, of course. It’s also important to understand your human and material resource requirements.

17. The Key Elements of Start-Up Planning

18. The Key Elements of Start-Up Planning Stakeholders Needs Stakeholders Needs Stakeholders will include anyone affected by your project – employees, clients, and project sponsors. Identify these stakeholders, meet with them, and prioritize their needs based on urgency and importance. Project Objectives Project Objectives Create the project objectives from the stakeholder’s needs. These objectives should be specific, measurable, attainable, realistic and timely. Deliverables and Due Dates Deliverables and Due Dates Your deliverables are the products or services you need to deliver. Each deliverable should include a timeline. Project Schedule Project Schedule Projects schedules specify the deliverables, tasks for each deliverable, the time frames for completing the tasks and who will complete them.

19. The Key Elements of Start-Up Planning Roles and Responsibilities Roles and Responsibilities Specify who oversees the projects, handles each deliverable and what client roles are. Defining roles ensures everyone understands what’s expected of them. Project Costs Project Costs Understanding project costs helps you allocate budgets and aids in identifying shortfalls early in the project. Communication Plan Communication Plan Your communication plan should detail how often you communicate with stakeholders, what type of communication they want and mention any project checkpoints that require client approval before proceeding. Tracking and Management tools Tracking and Management tools How will you communicate with stakeholders? How will you deliver what your client wants?

20. Start-Up Planning Tools Grantt Chart Grantt Chart

21. LISTENING

22. Listening Strategy Listening for only the big picture but not the details and trying to understand every single word speaker says. Top Top- -down down listening listening Bottom Bottom- -up listening listening up Uses Background Knowledge And Uses Background Knowledge And Contextualizes Words To Aid Contextualizes Words To Aid Comprehension Comprehension Uses Sounds, Words, And Other Uses Sounds, Words, And Other Small Units To Create Meaning. Small Units To Create Meaning.

23. Listening PRACTICE How to improve your BUSINESS COMMUNICATION? https://www.youtube.com/watch?v=SSgOi UNxlOA

24. SPEAKING

25. Business Pitching Steps to create a winning pitch for your business. Steps to create a winning pitch for your business. Time span Time span The pitch should be clearly explained to the investors in a short time. You should know know that you only have a few minutes to sell your business idea. Make your presentation realistic Make your presentation realistic Presenting a realistic picture of the prospects of the business is preferred. You have been running the business with your own funds up until now, so you have had your share of successes and failures. Your projections must be based on those experiences and must sound realistic.

26. Business Pitching Savings Attitude Savings Attitude One of the most important qualities of a startup founder is financial control. Understanding where every penny is being spent in the business will add to your brownie points. You have to make the investors know that you have a grip on the business and its operations. The Business Opportunity The Business Opportunity The most important aspect of pitching for your business is to highlight the business opportunity and how are you going to tap it. Understanding of the Competition Understanding of the Competition In-depth competition analysis must be presented, and you must highlight how your product stands out and has better prospects, as compared to others.

27. Business Pitching Marketing strategy Marketing strategy Knowing your marketing plan is another very important aspect of pitching your business. Your goal is to build a market for your products and services. services. The strategy has to be clearly explained to the investors, so they they know how are you going to position the product in the market. Target Audience Target Audience Being focused about your business and knowing who exactly you wish to sell to is important for the business. This lets you earn the investors’ confidence, so they know that you are going to reach out to a tangible audience and achieve the desired profitability. Focus Focus The more focused your approach, the higher your chances will be of getting getting the desired amount of funding. In your pitch, you need to communicate the precise plan of action, and how you will use it to achieve to achieve the desired results. You also need to be specific about the amount of funding you require.

28. Business Pitching Create a multi Create a multi- -level pitch A multi-level pitch helps you divide the pitch into shorter and longer versions. The shorter versions help in explaining the basics. The longer version helps to explain the details and how the plan is going to be executed. Get your team to participate Get your team to participate A business leader must always take his or her team along with them. This adds to the the confidence of the audience. You should encourage team members to participate in the pitch process by planning out the speaking slots for them. A strong team showcases showcases the ability of the business to grow and provide the desired return to the investors. level pitch

29. READING

30. Reading Technique Speed Reading Speed Reading The aim of speed-reading is basically to increase the reading speed without compromising the understanding of the text reading. Some of the strategies used in speed reading are as follows: Identifying words without focusing on each letter; Not to sounding-out all words; Not sub-vocalizing some phrases; Spending less time on some phrases than others; Skimming small sections.

31. Reading Technique How to Improve Your Speed Reading : How to Improve Your Speed Reading : Knowing the "how" and "when" of speed reading is only the first step to success. Here are some more tips to help you Avoid distractions Avoid distractions. . Create an environment where there are as few interruptions and distractions as possible Go easy. Go easy. Read an uncomplicated novel or a simple online article to get a feel for which technique is going to work best for you. Cover words that you've already read. Cover words that you've already read. This helps you to stop your eyes flitting back to earlier words and slowing down you're reading. Know what you want from the text. Know what you want from the text. This can be useful if you are using the skimming method, as it primes you to pay attention. You can then slow down at these points, or circle them for emphasis, but otherwise move across the page quickly. Practice, practice, practice. Practice, practice, practice. You have to practice speed reading to get good at it.

32. Reading Technique http://www.readingsoft.com http://www.readingsoft.com http://www.freereadingtest.com http://www.freereadingtest.com

33. WRITING

34. WRITING INTRODUCTIONS Hooking The Reader Hooking The Reader Giving Background Information Giving Background Information INTRODUCT ION Presenting The Problem Statement Presenting The Problem Statement Mapping Essay Mapping Essay’ ’s Structure s Structure Checking And Revising Checking And Revising

35. Writing Introductions Hook your reader Hook your reader Your first sentence sets the tone for the whole essay, so spend some time time on writing an effective hook. The hook should lead the reader into your essay, giving a sense of the topic you’re writing about and why it’s it’s interesting. Avoid overly broad claims or plain statements of fact. Give background information Give background information Next, give your reader the context they need to understand your topic and argument. Depending about your essay, this might include: Historical, geographical, or social context An outline of the debate you’re addressing A summary of relevant theories or research about the topic Definitions of key terms

36. Writing Introductions Present your thesis statement Present your thesis statement Now it’s time to narrow your focus and show exactly what you want to say about the topic. This is your thesis statement—a sentence or two that that sums up your overall argument.

37. Writing Introductions Map your essay’s structure Map your essay’s structure Particularly in longer essays, it’s helpful to end the introduction by signposting what will be covered in each part. Keep it concise and give your reader a clear sense of the direction your argument will take. Check and revise Check and revise As you research and write, your argument might change focus or direction as you learn more.

38. Writing Aim, Objective Research Aims Research Aims A research aim describes the main goal or the overarching purpose of your research project. In doing so, it acts as a focal point for your research and provides your readers with clarity as to what your study is is all about. Research Research Objectives Objectives Where a research aim specifies what your study will answer, research objectives specify how your study will answer. Research objective divide your research aim into several smaller parts, each of which represents a a key section of your research project

39. Writing Aim Your aim should be made up of three parts that answer the below questions: Why is this research required? What is this research about? How are you going to do it?

40. Writing Objective Each of your research objectives should be SMART OBJECTIVE Specific : be precise about what you are going to do Measurable : you will know when you have reached your goal Achievable : Don’t attempt too much – a less ambitious but completed objective is better than an over-ambitious one that you cannot possibly achieve. Relevant : do you have the necessary resources to achieve the objective – time, money, skills, etc. Timebound : determine when each stage needs to be completed. Is there time in your schedule to allow for unexpected delays.

41. Writing Objective Understanding (Understanding and organizing information) Applying (Solving problems using information) Analysing (reaching conclusion from evidence) Synthesising (Breaking down into components) Evaluating (Judging merit) Review Identify Explore Discover Discuss Summarise Describe Interpret Apply Demonstrate Establish Determine Estimate Calculate Relate Analyse Compare Inspect Examine Verify Select Test Arrange Propose Design Formulate Collect Construct Prepare Undertake Assemble Appraise Evaluate Compare Assess Recommend Conclude Select