8. Managing Projects II

Question 1

What is slippage?

Answer 1

When a project has slipped behind schedule

Question 2

What are the 7 options when slippage occurs?

Answer 2

1. Do nothing
2. Add resources
3. Work smarter
4. Re-plan
5. Reschedule
6. Introduce incentives
7. Change the spec

Question 3

What is the Project Management Maturity Model? (PMMM)

Answer 3

A model that aims to identify opportunities for continuous improvement

Question 4

What are the 5 levels of the PMMM?

Answer 4

Level 1 - Emphasises importance of project management knowledge
Level 2 - Develop common standards and processes
Level 3 - Single method across org
Level 4 - Benchmarking
Level 5 - Continuous improvement and feedback

Question 5

What are the 5 main elements of the PID and Project management plan?

Answer 5

1. Defines the project
2. Records the project justification and objectives
3. Sets out budget and timetable
4. Org and responsibilities of team
5. Quality control standards

Question 6

Who is the progress report for?

Answer 6

Stakeholders

Question 7

What are the 4 purposes of the completion report?

Answer 7

1. Ensure project complete and to objectives
2. Obtain feedback
3. Discuss successes and failures
4. Obtain customer sign off

Question 8

What does the post completion audit report focus on?

Answer 8

Whether the stakeholders expectations were met and a more detailed analysis of costs and time spent