7/5 Study Session - Prepcast Flashcards
capture information from practice tests
What does a typical WBS consist of, what are its components?
- control accounts
- work packages
- planning packages
What are work packages broken down into?
activities
Where are performance reports drawn from in a WBS where scope, costs, and schedule are integrated and measured called?
control accounts
high-level reporting needs requested by the executive managers throughout an organiziation, used earned value management metrics.
What is the lowest level of the WBS?
work package
WHat represent the work that has not yet been broken down to the work package level?
planning package
What are the outputs of the Determine Budget process?
- Cost baseline
- Project funding requirements
What are funds that are included in the cost baseline plus manaagement reserves?
project funding requirements
What is the difference between the earned value and the actual cost?
cost variance
What is the component of the project management plan that describes how costs will be planned, structured, and controlled?
cost management plan
does not specify a budget for the project
What is the approved version of the time-phased project budget, excluding any management reserves?
cost baseline
includes contingency reserve
What are the key components of a WBS
(D, SD, WP, CA, WD)
- Deliverables - final products, services or results
- Sub-deliverables - smaller components
- Work packages - smallest components
- Control accounts - the points in the WBS where dost and scheudle performance are measured and managed
- WBS dictionary - doc that provided detaile dinfo about each component in the the WBS
What method of estimating is used to estimate by aggegating costs at the lower-level components of te WBS?
Bottom-up estimating
What is an iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work to be completed in the future is planned at a higher level?
Rolling wave planning
What is a technique used in software development where two programmers work together on the same task at the same computer?
pair programming
One programmer is responsible for writing the code while the other reviews each line of code as it is typed in. The two programmers switch roles frequently.
What is an agile software development methodology that emphasizes teamwork, communication, simplicity, and feedback?
Extreme Programming (XP)
It is a collection of strategies for streamlining software development and operations, thereby improving quality, customer service, and time to market.
It uses simple programming, pair programming, testing, continuous integration and deployment, and customer involvement to deliver high-quality software quickly and efficiently.
Which input for the Plan Scope Management process specifies the development framework for the project?
development approach (waterfall, iterative, adaptive, agile, hybrid)
Other inputs
* quality management plan
* project life cycle description
What determines a series of phases that a project passes through form inception to the end?
project life cycle
What is considered an element of the project management plan that defines what approach will be use for the project?
development approach
What are two outputs of the Plan Scope Managment process?
- Scope managment plan
- Requirements management plan
What data analysis technique is associated with the Monitor Risks processs utilizes the technical performance measurement of transaction times?
technical performance analysis
compares technical accomplisments during project executio to the schedule of technical achievement. TPM may include weight, transaction times, number of delivered defects, storage capacity etc.
A deviatin can indicate potential impact of threats and opportunities.
What is an analysis technique where a computer model is iterated many times and outputs are generated ot represent the range of possible outcomes for the project?
Monte Carol simulation
What is an analysis technique that utilizes a deicision matrix to provide a systematic analytical approach for estabilishing critierea, such as risk levels, uncertaintly, and valuation to evaluate and rank many ideas?
Multicriteria decision analysis
What process numerically analyszes the combined effect of identified individual project risks and other sources of uncertaintly on overall project objectives?
Perform Quantitative Risk Analysis
An EAC is an example of what?
An estimate at completion is an example of a cost forecast
Cost forecasts are an output of what process?
Control Cost process
What is an approved version of the time-phased project budget?
Cost basesline
does not include management reserves
What are quantitative assessments of the likely number of time periods that are required to complete an activity?
Activity duration estimates
What document contains high level information about roles and responsibilities?
project charter
What is a project document that includes team member competencies and experience, roles and responsiblities for the project and activity assignments?
project team assignments
output of the Acquire Resources process - prat of the Executing Process Group
What project document proivdes the projet manager with the authority to use company resources and high-level information such as roles and responsibilities of key stakeholders?
project charter
What project document identifies the types and quantities of resources required for each work package or activity in a work package?
Resource requirements
output of the Estimate Activity process in the Planning Process Group
How is quality managed on Agile projects?
Agile projects manage quality by scheduling regular retrospectives to check on the effectiveness of the quality process rather than quality audits (predictive).
During a retrospective, root causes of issues are sought and new approaches are suggested to improve the developmentprocess in general and quality in particular.
What is a structured independent process to determine if project activities comply with organizational and project policies, processes, and procedures?
quality audits
In which process are the completed project deliverables formally accepted?
Validate Scope process
Predictive, not performed in its tradition meaning when using Agile methodology.
What is a Quality Control Matrix?
It is a made up term
What do the principles of the Agile Manifesto state regarding change?
Changes to the scope in Agile projects are handled through the utilization of a prioritized product backlog. Adding or reprioritizing a feature in the product backlog contitutes wha a traditional project management is known as scope hange or scope creep. In Agile terminology it is called ‘expected change’
What contract type works best for staff augmentation, subject matter expertise, and when the precise statement of work cannot be defined?
Time & Materials
This type of contract is typically used when the requirements are well defined, and no significant changes to the scope are expected?
fixed price contract
What type of contract is used if the scope of work is expected to change significantly during the project?
Cost reimbursable
