4 - Project Integration Management Flashcards
Record of all project assumptions (and constraints) for testing and analysis.
Assumptions log
a benefits comparison model which examines the benefit-to-cost ratio.
Benefit/cost ratio (BCR) models
A committee that evaluates the worthiness of a proposed change and either approves or rejects the change.
Change control board (CCB)
Communicates the process for controlling changes to the project deliverables. Seeks to control and document proposals to change the project’s product.
Change control system (CCS)
A record of all changes that enter into a project, including characteristics of the change (time, cost, risk, scope, etc).
Change log
This plan details the project procedures for entering change requests. Details how changes are managed, documented, approved, or denied.
Change management plan
Process group responsible for the closing phase of the project, including archiving and closing contracts.
Closure processes
This plan defines who will get what information, how they will receive it, and in what modality the communication will take place.
Communications management plan
Includes the labeling of product components , how changes might be made to the components, and accountability for those changes.
Configuration identification
Defines how changes to the features and functions of the project deliverable or scope may enter the project
Configuration management plan
System the defines how stakeholders are allowed to submit change requests, the conditions for approving a change request, and how approved changes are validated in the project scope.
Configuration management system
The organization of the product materials, details, and prior product documentation.
Configuration status accounting
Verifies project or phase deliverables to ensure that they are in alignment with the project plan
Configuration verification and auditing
The formal verification of contract completeness by the vendor and the performing organization
Contract closure
Aggregated costs of all the work packages within the WBS
Cost baseline
Details how the project costs will be planned for, estimated, budgeted, and then monitored and controlled.
Cost management plan
Knowledge that can be quickly and easily expressed or communicated.
Explicit knowledge
FV = PV (1 + i)^n
Future value
A process to consider and control the impact of a proposed change on the projects knowledge areas
Integrated change control
Document of all identified issues, along with an issue owner and deadline to resolve the issue
Issue log
A project selection method to determine the likelihood of success. Could include: linear programming, dynamic programming, integer programming, multi objective programming
Mathematical model
Significant points or events in the projects progress that represent accomplishments in the project
Milestone
A list that details the milestones and their attributes.
Milestone list
Committees that ask every conceivable negative question about a project. Goal is to expose weaknesses and strengths, and kill unworthy projects. Aka project steering committees.
Murder boards
Examines the monies retuned on a project for each period the project lasts
Net present value (NPV)
An estimate to predict how long it will take a project to pay back the organization for the investment of capital.
Payback period
Formula to determine the present value of a future amount of money. PV=FV / (1+i)^n
Present value
Controls how the project will acquire goods and services
Procurement management plan
The document that authorizes the project. Defines initial requirements, and is endorsed by an entity outside the project.
Project charter
The documented approach of how a project will be planned, executed, monitored and controlled, and closed. This document is a collection of subsidiary plans and related documents .
Project management plan
Defines how the project scope will be managed, planned, and controlled
Project scope management plan
Documents the quality objectives for the project, including metrics for stakeholder acceptance of the deliverable.
Quality baseline
Plan the defines what quality means for the project, how the project will achieve quality, and how the project will map to organizational procedures pertaining to quality.
Quality management plan
A mathematical model to examine the relationship among project variables such as cost, time, labor, etc.
Regression analysis
A plan that defines how the project will manage risk
Risk management plan
An uncertain a event or condition that may affect the project outcome (positively or negatively).
Risk
A centralized database consisting of the outcome of all the other risk management processes (risk identification, qualitative analysis, quantitative analysis)
Risk register
Plan that defines the risk responses that are used in the project for both positive and negative risks
Risk response plan
The planned start and finish of the project.
Schedule baseline
Defines how the project schedule will be created and managed
Schedule management plan
The combination of three documents: the project scope statement, the WBS, and the WBS dictionary.
Scope baseline
These models use a common set of values for all the projects up for selection. For example: profitability, complexity, customer demand, etc.
Scoring models
Knowledge that is more difficult to express because it is personal belief, value, knowledge gained from experience, and “know-how”
Tacit knowledge