Basics Flashcards
Agreements
What is Contract MoU letters of agreement verbal agreements email
project document that
Records assumptions and constraints
What the Assumption Log
Benefits Mgmt Plan
Defines processes for creating, maximizing, and sustaining project benefits
Business Case
Business Document
Used to create charter
Business Standpoint: Do the expected outcomes justify the required investment?
May contain Business Need and/or cost:benefit analysis
What are typical business needs
ME-CLOTS Market Demand Ecological Impacts Customer Request Legal Requirement Organizational Need Technological Advance Social Need
Charter
Issued by project initiator or sponsor
Formally authorizes existence of project
Provided PM with authority to apply organizational resources
What is purpose of “Agreements”
Defines initial intentions of project
How are Agreements documented
Contract MoU letters of agreement verbal agreements email
What do you need to apply project resources, expend funds, make decisions, and give approvals
Authority
If a modification to a baseline is not formally controlled, do you need to submit a “change request”
No; only formally controlled
Once the PMP is approved, do you need to submit a change request to update it?
Yes; it’s a formally controlled document
Change Control
Process whereby mods to docs, deliverables, or baselines are identified, documented and approved or rejected
Is the Change Mgmt Plan part of the PMP
Yes
What document establishes the Change Control Board
Change Mgmt Plan
Is a Claim always from the Seller to the Buyer?
No
Goes both ways
How can a claim be made
Request
Demand
Assertion
What is the numbering system used to uniquely identify each component of the WBS
Code of Accounts
How do we determine, document, and manage Stakeholder needs and requirements
Collect Rqmts
What document obligates the seller to deliver, and the buyer to pay for it
Contract
Control
Compares actual performance with planned performance
Analyzes variances
Assesses trends to affect process improvements
Evaluates possible alternatives
Rcmds appropriate corrective action
What process develops a detailed description of the project
Define Scope
EEFs
Conditions not under the immediate control of the project team
Influence, constrain, or direct the project
What Process provides the deliverables
Execution
What process provides work performance information
Execution