4 - Project Integration Management Flashcards
This subsidiary plan defines the risk responses that are to be used in the project for both positive and negative risks
Risk response plan
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
This list details the project milestones and their attributes. It is used for several areas of project planning, but also helps determine how quickly the project may be achieving its objectives.
Milestone list
An estimate to predict how long it will take a project to pay back an organization for the project’s investment of capital.
Payback period
Controls how the project will acquire goods and services.
Procurement management plan
Issues are points of contention where some question of the project’s direction needs to be resolved. All identified issues are documented in the issue log, along with an issue owner and a deadline to resolve the issue. The outcome of the issue is also recorded.
Issue log
The documented approach of how a project will be planned, executed, monitored and controlled, and then closed. This document is a collection of subsidiary management plans and related documents.
Project management plan
Project Integration Management - Initiating
Develop Project Charter
This is a centralized database consisting of the outcome of all the other risk management processes, such as the outcome of risk identification, qualitative analysis, and quantitative analysis.
Risk register
This system communicates the process for controlling changes to the project deliverables. This system works with the configuration management system and seeks to control and document proposals to change the project’s product.
Change control system (CCS)
This plan details how the project costs will be planned for, estimated, budgeted, and then monitored and controlled.
Cost management plan
All changes that enter into a project are recorded in this. The characteristics of the change, such as the time, cost, risk, and scope details, are also recorded.
Change log
Project Integration Management - Monitoring and Controlling
Monitor and Control Project Work Perform Integrated Change Control
Knowledge that’s more difficult to express because it’s personal beliefs, values, knowledge gain from experience, and “know-how” when doing a task.
tacit knowledge
4.1 Develop Project Charter - Outputs
Project Charter Assumption Log
This is an example of a benefits comparison model. It examines the benefit-to-cost ratio.
Benefit/cost ratio (BCR) models
This includes the labeling of the components, how changes are made to the product, and the accountability of the changes.
Configuration identification
This system defines how stakeholders are allowed to submit change requests, the conditions for approving a change request, and how approved change requests are validated in the project scope. It also documents the characteristics and functions of the project’s products and any changes to a product’s characteristics.
Configuration management system
This document authorizes the project. It defines the initial requirements of the project stakeholders. It is endorsed by an entity outside of the project boundaries.
Project charter
This final process group of the project management life cycle is responsible for closing the project phase or project. This is where project documentation is archived and project contracts are also closed.
Closure processes
Evaluates the monies returned on a project for each period the project lasts.
Net present value