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CAPM > Book Notes > Flashcards

Book Notes Flashcards

1
Q

Intiating, Planning, Executing, Monitoring and Controlling, and Closing

A

Predictive Process Life Cycle

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2
Q

5 Stages of Predictive Process Life Cycle

A

Intiating, Planning, Executing, Monitoring and Controlling, and Closing

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3
Q

Records of what the PM has planned, scheduled, and budgeted for in terms of scope, schedule, and cost performance.

A

Baselines

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4
Q

Baselines

A

Records of what the PM has planned, scheduled, and budgeted for in terms of scope, schedule, and cost performance. Used to compare project’s actual performance against what was planned.

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5
Q

When the earliest parts of a project are planned in detail and the later phases are planned at a higher level.

A

Rolling Wave Planning

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6
Q

The process of continually refining estimates and scope definition.

A

Progressive Elaboration

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7
Q

Feasibility, Initiation, Release Planning, Iterations, Close Out

A

Adaptive Process

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8
Q

Five stages of the adaptative process?

A

Feasibility, Initiation, Release Planning, Iterations, Close Out

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9
Q

Determines the potential profitability of an investment by calculating the benefits received in relation to the cost

A

Return on Investment

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10
Q

The value today of future cash flows - the project with the greatest PV is typically selected

A

Present Value

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11
Q

The present value of the total benefits (income or revenue) minus the costs over many time periods

A

Net Present Value

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12
Q

Analysis and research work that is completed to make sure a requested change or new product is feasible and will bring benefits or value to the organization and its customers.

A

Needs Assessment

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13
Q

Captures the business need - why the project was selected and how it fits into the organization’s strategic goals

A

Business Case

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14
Q

Captures the org’s desired benefits from the project and explains who the benefits will be maximized/sustained

A

Benefits Realization Plan

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15
Q

Document that authorizes the start of a project and provides the project manager with the authority to apply organizational resources to project activities.

A

Project Charter

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16
Q

Various records and files that are used throughout the project lifecycle to support project planning, execution, monitoring, and control. They provide detailed information and data that help manage the project effectively.

A

Project Documents

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17
Q

Used in agile project management - profile of a particular stakeholder who will use the product

A

Persona

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18
Q

Document the strategy and approach for managing the project and processes related to topics of scope, schedule, cost, quality, resources, communications, risk, procurement, and stakeholder engagement. “How-to” guides

A

Management Plans

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19
Q

Defines how the scope will be achieved, what tools will be used to plan how the project will accomplish scope, how the scope will be managed and controlled, and how acceptance of deliverables will be obtained.

A

Scope Management Plan

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20
Q

Describes techniques the PM intends to use in identifying requirements and how the requirements will be analyzed, prioritized, managed, and changes tracked.

A

Requirements Management Plan

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21
Q

Documents how a PM will plan, manage, and control the project to the schedule baseline, and how they’ll manage schedule variances.

A

Schedule Management Plan

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22
Q

Documents how to estimate, budget, manage, and monitor and control project costs for the project.

A

Cost Management Plan

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23
Q

Identifies all relevant organizational or industry practices, standards, and requirements for the quality of the project, the product of the project, and the project management efforts. Helps to ensure that the project and its outcomes meet the expected quality levels and satisfy stakeholder expectations.

A

Quality Management Plan

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24
Q

Plan for how and when resources will be added, managed, and released from project.

A

Resource Management Plan

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25
Q

Documents how a PM will manage and monitor communications.

A

Communications Management Plan

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26
Q

Defines how risk will be structured and performed for the project.

A

Risk Management Plan

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27
Q

Documents an overall procurement process and how procurements will be executed and controlled. EEFs and OPAs will significantly influence this plan.

A

Procurement Management Plan

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28
Q

Documents the existing and desired levels of engagement for all stakeholders, including plans to achieve the desired levels. Details the way stakeholders will be involved in the project and includes guidelines and metrics for monitoring and evaluating how well the plan is meeting the needs of stakeholders and project.

A

Stakeholder Engagement Plan

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29
Q

Plan that integrates all the individual management plans into a cohesive whole.

A

Project Management Plan

30
Q

A set of plans and baselines.

A

Project Management Plan

31
Q

Describes the phases of work on a project required to produce the deliverables.

A

Project Life Cycle

32
Q

The approach used to produce the project deliverables: predictive, adaptive, or hybrid

A

Development Approach

33
Q

Milestones are built into project management plans, so managers and stakeholders can compare project progress to what was planned, and then identify any changes needed to the management plans

A

Management Reviews

34
Q

Scope, Schedule, and Cost Baselines combined

A

Performance Measurement Baseline

35
Q

Project scope statement, work breakdown structure, and WBS dictionary

A

Scope Baseline

36
Q

Agreed-upon schedule, including start and stop dates for each activity, and scheduled milestones

A

Schedule Baseline

37
Q

Spending plan indicating how much money is approved for the project and when the funds are required and will be available

A

Cost Baseline

38
Q

Defines how requirements will be gathered, analyzed, prioritized, evaluated and documented, and how the requirements will be managed and controlled throughout the project

A

Requirements Management Plan

39
Q

Defines and plans for stakeholders’ needs, wants, expectations, and assumptions

A

Requirements Management Plan

40
Q

Describes how changes will be managed and controlled

A

Change Management Plan

41
Q

Defines naming conventions, the version control system, and the document storage and retrieval system, and entails how changes to the documentation will be managed

A

Configuration Management Plan

42
Q

System that includes standardized forms, reports, processes, procedures, and software to track and control changes

A

Change Control System

43
Q

Contains the org’s standardized configuration management tools, processes, and procedures that are used to track and control the evolution of the project documentation

A

Configuration Management System

44
Q

Due to the iterative nature of planning, project documents must be updated frequently. This means that _____ _____ _____ are an output of many of the project management processes.

A

Project Document Updates

45
Q

Business Analysis work ____ business needs

A

clarifies

46
Q

A condition or capability needed to satisfy a business need

A

Requirement

47
Q

Requirements that come from a person or group; often thought of as requests

A

Stakeholder Requirements

48
Q

Describes the product or solution to be built

A

Solution Requirements

49
Q

Helps the project team prepare the users for the change to the new product or service

A

Transition Requirements

50
Q

Defines how the project team will know when their work has met the requirements

A

Acceptance Criteria

51
Q

Project management plans - answers how many, how much, how long, etc.

A

Project requirements

52
Q

Describes how the project manager and/or the business analysis engages with SMEs to gather and analyze business needs

A

Collect Requirements process

53
Q

Brainstorming, interviews, focus groups, questionnaires/surveys, benchmarking, reuqirements workshops, and user stories are examples of what?

A

Data Gathering

54
Q

Grouping ideas by similarity

A

Affinity Diagrams

55
Q

Consensus approach

A

Facilitation

56
Q

Follows 4 steps resulting in ranked ideas

A

Nominal Group Technique

57
Q

Particiapnts build on each other’s ideas

A

Brainstorming

58
Q

Measuirng performance against other organizations

A

Benchmarking

59
Q

Diagram of ideas or notes

A

Mindmapping

60
Q

Step-by-step instructions describing the user experience

A

Use Cases

61
Q

Model of proposed product

A

Prototype

62
Q

Used to make decisions in group setting

A

Voting

63
Q

Short descriptions used with agile approaches

A

User stories

64
Q

Linking requirements to each other to ensure nothing has been missed and that the original business need will be fulfilled

A

Requirements Traceability

65
Q

Identifies the characteristics and functions of a product or service

A

Product Scope

66
Q

The work the team will do to deliver the the product of the project

A

Project Scope

67
Q

The key Input to Define Scope is?

A

Requirement Documentation that is created in Collect Requirements

68
Q

Used to analyze the objectives and descriptions of the product, as stated by customer or sponsor

A

Product Analysis

69
Q

Allows the PM to make sure the product and project are understood and accurate

A

Product Analysis

70
Q

A document that effectively says what the team will do on the project

A

Project Scope Statement

CAPM (3 decks)

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