Ch. 4: Project Integration Flashcards
The documentation of the closing process participants, their roles, responsibilities, and timings. The second part of administrative closure collects all of the project records, the lessons learned, and communications for the project archives.
Administrative closure
This is an example of a benefits comparison model. It examines the cost-to-benefit ratio.
Benefit/cost ratio (BCR) models
A committee that evaluates the worthiness of a proposed change before it is approved.
Change control board (CCB)
The change control 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 the project’s product.
Change control system (CCS)
This plan defines who will get what information, how will they receive it, and in what modality the communication will take place.
Communications management plan
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. Configuration management also documents the characteristics and functions of the project’s products and any changes to a product’s characteristics.
Configuration management system
The organization of the product materials, details, and prior product documentation.
Configuration status accounting
The scope verification and completeness auditing of project or phase deliverables to ensure that they are in alignment with the project plan.
Configuration verification and auditing
The formal verification of the contract’s completeness by the vendor and the performing organization.
Contract closure
This is the aggregated costs of all of the work packages within the WBS.
Cost baseline
This plan details how the project costs will be planned for, estimated, budgeted, and then monitored and controlled.
Cost management plan
The culture, structure, standards, regulations, organizational logistics, and other organizational characteristics that influence how a project operates.
Enterprise environmental factors
A benefit comparison model to determine a future value of money. The formula to calculate future value is FV = PV (1 + I)n, where PV is present value, I is the given interest rate, and n is the number of time periods.
Future value
A process to consider the impact of a proposed change on the project’s knowledge areas.
Integrated change control
A project selection method to determine the likelihood of success. These models include: linear programming, nonlinear programming, dynamic programming, integer programming, and multiobjective programming.
Mathematical model