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PMP Exam > 15. Misc to know for the exam > Flashcards

15. Misc to know for the exam Flashcards

1
Q

What is included in the scope, schedule and cost baseline?

A

Scope: WBS, WBS dictionary, project scope statement

Schedule: Version of the project schedule

Cost: All budgets including contigency resevers but not management reserve

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2
Q

What ist the difference between the project management plan and project documents?

A

PM plan: Individual management plans, baselines, requirements, change management, configuration management and process improvement plan

Project documents: Any other documentation that can be used to manage a project

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3
Q

What is the difference between work peformance data, informaton and reports?

A

Data: Initial measurements gahthered during execution

Information: Analyzed measurement for conformance against PM plan during controlling

Reports: Information consolidated for delivery to stakeholders

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4
Q

Which three things can be included in CRs?

A
  • Corrective acton
  • Preventive action
  • Defect repair
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5
Q

Name the formulas for present value, triangular- and beta distribution. earned value measurement (CV, SV,CPI,SPI,BAC,BTC,EAC,VAC), communication channels, point of total assumption

A

See screenshot!

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6
Q

It is benefical to invoke the iniating process several times

A

Yes, i.e. when a new phase is started

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7
Q

Who has authority to decide about changes to the project charter?

A

The sponsor!

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8
Q

When is documentation of lessons learned done?

A

During the entire project! Final documentation is done during the closing phase

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9
Q

What is configuration management often concerned with?

A

About the authorization, approval and documentation of changes!

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10
Q

Project objectives need to be S.M.A.R.T. - what does that mean?

A

Specific

Measurable

Agreed upon

Realistisc

Timed

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11
Q

Evaluation of reserves and compressiong of is necessary to complete which process?

A

Develop schedule!

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12
Q

What is mandatory to finalize developing the schedule?

A

Compressing it!

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13
Q

Which artefact is very benefical when developing the schedule?

A

Resource availability as found in resource calendars for example

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14
Q

The project schedule is an input to which process?

A

Develop budget

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15
Q

What is the schedule variance at the end of a project?

A

Zero

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16
Q

Which earned value measurement is most helpful when stakeholders are concered about where the project is going?

A

Estimate at completion (EAC) because it is forecast. CPI/SPI represent the status of the project at at given point in time

17
Q

Which estimating technique is used for approved scope changes?

A

Bottom-up estimation

18
Q

Negotiation is part of which procurement processes?

A

Several, but also close procurements!

19
Q

List three methods available for shortlisting contractor proposals

A
  1. Comparing proposals gainst independent estimates
  2. Negotiation
  3. Using subjective screening systems
20
Q

Is it allowed to directly select a certain seller when outsourcing work?

A

Yes, for example if you already have done work with him in the past and if he has the necessary skills

21
Q

What do you do, if a team member generates a deliverable that does not meet the requirements?

A

You meet with team member to develop options for taking corrective action!

22
Q

If it is not in the WBS…

A

it is not part of the project scope!

23
Q

The issue log is an input to which process?

A

Control stakeholders!

24
Q

Who is always a stakeholder of a project?

A

The user!

25
Q

Sayings like “this will cost a fortune” and “it has never been done before” are examples of?

A

Communication blockers

26
Q

Prioritization of risks is part of which risk management process?

A

Perform qualitative risk analysis

27
Q

Which project phase carries the highest amount of risk?

A

Initiating!

28
Q

Which formula provides the most accurate estimate of activity duration?

A

Activity duration = Work quantity / Production rate

29
Q

What is attribute sampling? With what is it concerned?

A

Attribute sampling determines whether a result does or does not conform, and thus is concerned with conformance.

30
Q

What is most likely to generate a CR (in risk management)?

A

Performing the contigency plan or executing a workaround!

31
Q

What is the simplest form of risk analysis?

A

Sensitivity analysis!

32
Q

What is the most important criteria to measure effectiveness of risk response plan

A

The organization’s/project’s risk threshold!

33
Q

The results of quality control are used as an input to which process?

A

Perform quality assurance!

34
Q

What is a synonym for Beta distribution (computing activity estimates)?

A

PERT estimation

PMP Exam (16 decks)

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