3-Project Life Cycle Flashcards

1
Q

Phase gate is held at …

A

the end of a phase which provides an opportunity
to assess the project performance and take necessary corrective or
preventive actions in subsequent phases

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2
Q

The project’s performance and progress are compared to project and business documents like …

A

Project business case , Project charter , Project management plan , and Benefits management plan

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3
Q

*Phase Gate helps in making GO / NO-GO decision i.e….

A

Continue to the next phase, Continue to the next phase with modification, End the project, Remain in the phase, or Repeat the phase or elements of it

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4
Q

3 types of Project Phase

A

The phases may be sequential, iterative, or overlapping.

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5
Q

2 types of Project Life Cycle

A

Project life cycles can be predictive or adaptive

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6
Q

Development life cycle

A

Within a project life cycle, there are generally one or more phases that are associated with the development of the product, service, or result. These are called a developmentlife cycle.

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7
Q

5 types of Development life cycle

A

Development life cycles can be predictive, iterative, incremental, adaptive, or a hybrid model.

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8
Q

Project Development Life Cycles - Waterfall (predictive)

A

Its traditional method that is managed with a defined
plan

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9
Q

Project Development Life Cycles - Iterative

A

Iterative life cycles improve the product or result through successive prototypes or proofs of concept

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10
Q

Project Development Life Cycles - Incremental

A

It is used when a product of a project will be developed through a series of repeated cycles, each one incrementally adding to the understanding of the functionality of the product (Many small deliverables are given = This is concidered as “Adaptive”)

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11
Q

Project Development Life Cycles - Agile (adaptive)

A

It is used when high levels of change and ongoing
stakeholder involvement are required

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12
Q

Project Development Life Cycles - Hybrid

A

A combination of predictive, iterative, incremental and or agile

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13
Q

Waterfall (predictive) is preferred when …

A

The project outcomes are well understood and known

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14
Q

When Iterative life cycle is preferred?

A

When projects are complex and project may require
frequent changes

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15
Q

When Incremental life cycle is preferred?

A

When customer cannot afford to wait for everything to be
completed

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16
Q

Iterative Life Cycle Primary goal

A

Perfection of solution.

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17
Q

Incremental Life Cycle Primary goal

A

Quickness of delivery

18
Q

Example of Iterative

A

Develop a software, provide the module to the customer, receive their feedback, make it more like what customer wants

19
Q

Example of Incremental

A

Develop ERP module by module: deliver one module completely and do it again for another module

20
Q

Steps of Predictive PLC

A

Analyze, Design, Build, Test, Deliver

21
Q

Steps of Iterative PLC

A

Analyze, Design prototype, Build and test (+ recurrent refining), Deliver

22
Q

Steps of Incremental PLC

A

Repeat following combination as needed: Analyze, Design, Build, Test, Deliver

23
Q

Definition of Agile PLC

A

Modern approach where team works collaboratively with the customer to determine the project needs.

24
Q

Steps of Agile PLC

A

Repeatation of these steps as needed: Requirements, Analyze, Design, Build, Test

25
Q

In Agile PLC, what drives the project forward?

A

The coordination of the customer and the team

26
Q

What approach is being used in Agile PLC? Predictive, Iterative or Incremental?

A

Uses both iterative and incremental to implement customer feedback and to deliver frequently. This is similar to iterative and incremental life cycles, but at a much more rapid pace.

27
Q

What is Hybrid PLC?

A

It is a combined approach which combine some elements from both predictive (waterfall) and adaptive ( approaches for a specific need. Project might switch approaches based on need, changing work requirements, or circumstances.

28
Q

How does a Hybrid PLC work?

A

In the combined approaches, the organizations are still using shorter delivery time frames, iterative product releases, and involving stakeholders
regularly, but they tend to do more in depth planning and requirements gathering up front.

29
Q

Predictive/Plan Driven PLC best suits when …

A
  • Changes are expensive due to scrap and waste.
  • Predictability and coordinated timing is important.
  • Requirements are clear
30
Q

Agile PLC best suits when …

A
  • Changes are relatively easy, and waste is not costly.
  • Complex environment where end product is not fully known and user feedback is very valuable.
  • Requirements are dynamic
31
Q

Iterative PLC best suits when …

A

Dynamic requirements and activities are repeated until they are deemed correct. Correctness of deliverable is the key.

32
Q

Incremental PLC best suits when …

A
  • Dynamic requirements, as well as frequent small deliveries.
  • Speed to deliver small increments is a major goal.
33
Q

Hybrid PLC best suits when …

A
  • There are some costs to changes.
  • Stakeholders are interested in another method, but not comfortable to fully adopt one method.
34
Q

Characteristics of Predictive PLC

A
  • Fixed requirements
  • Activities performed once per project
  • Single delivery
  • Goal: Manage cost
35
Q

Characteristics of Iterative PLC

A
  • Dynamic requirements
  • Activities repeated until correct
  • Single delivery
  • Goal: Correct solution
36
Q

Characteristics of Incremental PLC

A
  • Dynamic requirements
  • Activities performed once per increment
  • Frequent small deliveries
  • Goal: Speed
37
Q

Characteristics of Agile PLC

A
  • Dynamic requirements
  • Combines iterative repetition of activities with incremental deliveries
  • Goal: Customer value
38
Q

Characteristics of Hybrid PLC

A
  • Includes adaptive and predictive components
  • Shorter, iterative time frames
  • High stakeholder involvement
  • More in depth requirements
39
Q

Types of Adaptive PLC

A

Agile, Iterative, Incremental

40
Q
A