15. Misc to know for the exam Flashcards
What is included in the scope, schedule and cost baseline?
Scope: WBS, WBS dictionary, project scope statement
Schedule: Version of the project schedule
Cost: All budgets including contigency resevers but not management reserve
What ist the difference between the project management plan and project documents?
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
What is the difference between work peformance data, informaton and reports?
Data: Initial measurements gahthered during execution
Information: Analyzed measurement for conformance against PM plan during controlling
Reports: Information consolidated for delivery to stakeholders
Which three things can be included in CRs?
- Corrective acton
- Preventive action
- Defect repair
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
See screenshot!
It is benefical to invoke the iniating process several times
Yes, i.e. when a new phase is started
Who has authority to decide about changes to the project charter?
The sponsor!
When is documentation of lessons learned done?
During the entire project! Final documentation is done during the closing phase
What is configuration management often concerned with?
About the authorization, approval and documentation of changes!
Project objectives need to be S.M.A.R.T. - what does that mean?
Specific
Measurable
Agreed upon
Realistisc
Timed
Evaluation of reserves and compressiong of is necessary to complete which process?
Develop schedule!
What is mandatory to finalize developing the schedule?
Compressing it!
Which artefact is very benefical when developing the schedule?
Resource availability as found in resource calendars for example
The project schedule is an input to which process?
Develop budget
What is the schedule variance at the end of a project?
Zero
Which earned value measurement is most helpful when stakeholders are concered about where the project is going?
Estimate at completion (EAC) because it is forecast. CPI/SPI represent the status of the project at at given point in time
Which estimating technique is used for approved scope changes?
Bottom-up estimation
Negotiation is part of which procurement processes?
Several, but also close procurements!
List three methods available for shortlisting contractor proposals
- Comparing proposals gainst independent estimates
- Negotiation
- Using subjective screening systems
Is it allowed to directly select a certain seller when outsourcing work?
Yes, for example if you already have done work with him in the past and if he has the necessary skills
What do you do, if a team member generates a deliverable that does not meet the requirements?
You meet with team member to develop options for taking corrective action!
If it is not in the WBS…
it is not part of the project scope!
The issue log is an input to which process?
Control stakeholders!
Who is always a stakeholder of a project?
The user!
Sayings like “this will cost a fortune” and “it has never been done before” are examples of?
Communication blockers
Prioritization of risks is part of which risk management process?
Perform qualitative risk analysis
Which project phase carries the highest amount of risk?
Initiating!
Which formula provides the most accurate estimate of activity duration?
Activity duration = Work quantity / Production rate
What is attribute sampling? With what is it concerned?
Attribute sampling determines whether a result does or does not conform, and thus is concerned with conformance.
What is most likely to generate a CR (in risk management)?
Performing the contigency plan or executing a workaround!
What is the simplest form of risk analysis?
Sensitivity analysis!
What is the most important criteria to measure effectiveness of risk response plan
The organization’s/project’s risk threshold!
The results of quality control are used as an input to which process?
Perform quality assurance!
What is a synonym for Beta distribution (computing activity estimates)?
PERT estimation
