4 - Project Integration Management

Question 1

Record of all project assumptions (and constraints) for testing and analysis.

Answer 1

Assumptions log

Question 2

a benefits comparison model which examines the benefit-to-cost ratio.

Answer 2

Benefit/cost ratio (BCR) models

Question 3

A committee that evaluates the worthiness of a proposed change and either approves or rejects the change.

Answer 3

Change control board (CCB)

Question 4

Communicates the process for controlling changes to the project deliverables. Seeks to control and document proposals to change the project’s product.

Answer 4

Change control system (CCS)

Question 5

A record of all changes that enter into a project, including characteristics of the change (time, cost, risk, scope, etc).

Answer 5

Change log

Question 6

This plan details the project procedures for entering change requests. Details how changes are managed, documented, approved, or denied.

Answer 6

Change management plan

Question 7

Process group responsible for the closing phase of the project, including archiving and closing contracts.

Answer 7

Closure processes

Question 8

This plan defines who will get what information, how they will receive it, and in what modality the communication will take place.

Answer 8

Communications management plan

Question 9

Includes the labeling of product components , how changes might be made to the components, and accountability for those changes.

Answer 9

Configuration identification

Question 10

Defines how changes to the features and functions of the project deliverable or scope may enter the project

Answer 10

Configuration management plan

Question 11

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.

Answer 11

Configuration management system

Question 12

The organization of the product materials, details, and prior product documentation.

Answer 12

Configuration status accounting

Question 13

Verifies project or phase deliverables to ensure that they are in alignment with the project plan

Answer 13

Configuration verification and auditing

Question 14

The formal verification of contract completeness by the vendor and the performing organization

Answer 14

Contract closure

Question 15

Aggregated costs of all the work packages within the WBS

Answer 15

Cost baseline

Question 16

Details how the project costs will be planned for, estimated, budgeted, and then monitored and controlled.

Answer 16

Cost management plan

Question 17

Knowledge that can be quickly and easily expressed or communicated.

Answer 17

Explicit knowledge

Question 18

FV = PV (1 + i)^n

Answer 18

Future value

Question 19

A process to consider and control the impact of a proposed change on the projects knowledge areas

Answer 19

Integrated change control

Question 20

Document of all identified issues, along with an issue owner and deadline to resolve the issue

Answer 20

Issue log

Question 21

A project selection method to determine the likelihood of success. Could include: linear programming, dynamic programming, integer programming, multi objective programming

Answer 21

Mathematical model

Question 22

Significant points or events in the projects progress that represent accomplishments in the project

Answer 22

Milestone

Question 23

A list that details the milestones and their attributes.

Answer 23

Milestone list

Question 24

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.

Answer 24

Murder boards

Question 25

Examines the monies retuned on a project for each period the project lasts

Answer 25

Net present value (NPV)

Question 26

An estimate to predict how long it will take a project to pay back the organization for the investment of capital.

Answer 26

Payback period

Question 27

Formula to determine the present value of a future amount of money. PV=FV / (1+i)^n

Answer 27

Present value

Question 28

Controls how the project will acquire goods and services

Answer 28

Procurement management plan

Question 29

The document that authorizes the project. Defines initial requirements, and is endorsed by an entity outside the project.

Answer 29

Project charter

Question 30

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 .

Answer 30

Project management plan

Question 31

Defines how the project scope will be managed, planned, and controlled

Answer 31

Project scope management plan

Question 32

Documents the quality objectives for the project, including metrics for stakeholder acceptance of the deliverable.

Answer 32

Quality baseline

Question 33

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.

Answer 33

Quality management plan

Question 34

A mathematical model to examine the relationship among project variables such as cost, time, labor, etc.

Answer 34

Regression analysis

Question 35

A plan that defines how the project will manage risk

Answer 35

Risk management plan

Question 36

An uncertain a event or condition that may affect the project outcome (positively or negatively).

Answer 36

Risk

Question 37

A centralized database consisting of the outcome of all the other risk management processes (risk identification, qualitative analysis, quantitative analysis)

Answer 37

Risk register

Question 38

Plan that defines the risk responses that are used in the project for both positive and negative risks

Answer 38

Risk response plan

Question 39

The planned start and finish of the project.

Answer 39

Schedule baseline

Question 40

Defines how the project schedule will be created and managed

Answer 40

Schedule management plan

Question 41

The combination of three documents: the project scope statement, the WBS, and the WBS dictionary.

Answer 41

Scope baseline

Question 42

These models use a common set of values for all the projects up for selection. For example: profitability, complexity, customer demand, etc.

Answer 42

Scoring models

Question 43

Knowledge that is more difficult to express because it is personal belief, value, knowledge gained from experience, and “know-how”

Answer 43

Tacit knowledge