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PMP Exam > Chapter 3 & 4 > Flashcards

Chapter 3 & 4 Flashcards

0
Q

What are the three elements of Process?

A
  1. Inputs
  2. Tools & Techniques
  3. Outputs
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1
Q

Describe the 5 Process Groups

A
  1. Initiating - processes that begin the project
  2. Planning - processes that create the plans that will govern the
    work
  3. Executing - processes that execute the plans and produce work
  4. Monitoring & Controlling - processes that compare the results to
    the plan and make adjustments for
    future work.
  5. Closing - processes that complete the project or a phase or
    component of a project or procurement, create
    records, and archive information.
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2
Q

Inputs

A

The inputs are the starting points for the process.

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3
Q

Outputs

A

The ends of our efforts. May be a document, a product, a service, or a result.

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4
Q

What are the 10 knowledge areas?

A
  1. Integration Management
  2. Scope Management
  3. Time Management
  4. Cost Management
  5. Quality Management
  6. Human Resources Management
  7. Communications Management
  8. Risk Management
  9. Procurement Management
  10. Stakeholder Management
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5
Q

What is the correct sequence for the following activities?
A. Create project scope statement. Create work breakdown
structure. Create activity list.
B. Create project scope statement. Create activity list. Create work
breakdown structure.
C. Create work breakdown structure. Create Project scope
statement. Create Activity list.
D. Create activity list. Create project scope structure. Create work
breakdown structure

A

A. Create project scope statement. Create work breakdown

structure. Create activity list.

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6
Q

What are the processes in the Initiating Process group

A
  1. Develop Project Charter

2. Identify Stakeholders

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7
Q

What are the processes in the Planning Process group?

A
  1. Develop project Mgt Plan 13. Estimate Costs
  2. Plan Scope Management 14. Determine Budget
  3. Collect Requirements 15. Plan Quality Management
  4. Define Scope 16. Plan HR Management
  5. Create WBS 17. Plan Comms Management
  6. Plan Schedule Management 18. Plan Risk Management
  7. Define Activities 19. Identify Risks
  8. Sequence Activities 20.Qualitative Risk Analysis
  9. Est. Activity Resources 21. Quantitative Risk Analysis
  10. Est. Activity Durations 22. Plan Risk Responses
  11. Develop Schedule 23. Plan Procurement Management
  12. Plan Cost Management 24. Plan Stakeholder Management
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8
Q

What are the processes in the Executing Process group?

A
  1. Direct & Manage Project Work
  2. Perform Quality Assurance
  3. Acquire Project team
  4. Develop Project Team
  5. Manage Project Team
  6. Manage Communications
  7. Conduct Procurements
  8. Manage Stakeholder Engagement.
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9
Q

What are the processes in the Monitoring and Controlling Process group?

A
  1. Monitor & Control Project Work
  2. Perf. Integrated Change Control
  3. Validate Scope
  4. Control Scope
  5. Control Schedule
  6. Control Costs
  7. Control Quality
  8. Control Communications
  9. Control Risks
  10. Control Procurements
  11. Control Stakeholder Engagement
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10
Q

What are the processes in the Closing Process group?

A
  1. Close Project or Phase

2. Close Procurements

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11
Q

Mnemonic for common Inputs

A 
POWER WarP
Pm plan
Opa
Wpd
Eef
Risk register
Wpr
Project docs
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12
Q

What are the 4 Group Decision- Making Techniques?

A
  1. Unanimity
  2. Majority
  3. Plurality
  4. Dictatorship
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13
Q

What are the Common Tools?

A
  1. Analytical Techniques
  2. Expert Judgement
  3. Facilitation Techniques
  4. Group Decision-Making Techniques
  5. Meetings
  6. Project Management Information System
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14
Q

Mnemonic for Common Tools

A 
GAME Poker Face
Group dec-making techs
Analytical Techniques
Meetings
Expert judgement
Pmis
Facilitation techniques
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15
Q

What are the common Outputs?

A
  1. Work Performance Data
  2. Work Performance Information
  3. Work Performance Reports
  4. Change Requests
  5. Updates
16
Q

Mnemonic for common Outputs

A

CWU (spoken like clue)
Change requests
Wpi
Updates

17
Q

PMI Philosophy on Integration Management

A
  1. The Project Manager is the decision maker, keeping the project
    team focused on project execution
  2. Project management is not a serial progression of processes;
    much happens in parallel and in an iterative fashion. Integration
    coordinates and orchestrates order to project management
18
Q

What are the Processes of Integration Management?

A
  1. Develop Project Charter
  2. Develop Project Management Plan
  3. Direct and manage project work
  4. Monitor and control Project work
  5. Perform Integrated change control
  6. Close Project or Phase
19
Q

What are the ITTOs for the Project Charter?

A

Inputs: Project Statement of Work, Business Case
Tools/Techniques: Expert Judgment, Facilitation Techniques
Outputs: Project Charter

20
Q

Project Selection Methods

A
  1. Benefit Cost Ratio (BCR)
  2. Economic Value Add (EVA)
  3. Present Value (PV)
  4. Net Present Value (NPV)
  5. Internal Rate of Return (IRR)
  6. Return on Investment (ROI)
  7. Return on Invested Capital (ROIC)
    NOTE: For all of the above bigger is better! For the below smaller is better.
  8. Payback Period
  9. Opportunity Cost
21
Q

Project Triggers

A
  1. Market Demand
  2. Business Need
  3. Customer Request
  4. Technological Advance
  5. Legal requirement
  6. Ecological impact
  7. Social need
22
Q

What does a Project Charter include?

A
  1. The reason for the project
  2. High-level project requirements
  3. High-level Milestone Schedule
  4. Preliminary budget
23
Q

What are the ITTOs for the Project Management Plan?

A

Inputs: Project Charter, 16 components of the project plan, Enterprise Environ.Factors, Organizational Process Assets
Tools/Techniques: Expert Judgement, Facilitation Techniques
Outputs: Project Management Plan

24
Q

What are the ITTOs for Direct and Manage Project Work?

A

Inputs: Project Management Plan, Approved Change Requests, Enterprise Environ.Factors, Organizational Process Assets
Tools/Techniques: Expert Judgement, Project Management Information System, Meetings
Outputs: Deliverables, Change Requests, Project Mgt. Plan Updates, Project Documents Updates

25
Q

What are the 16 Components of the Project Management Plan?

A 
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
26
Q

What are the ITTOs for Monitor and Control Project Work?

A

Inputs: Project Mgt Plan(key), Work Performance Information(key), Schedule Forecasts(key), Cost Forecasts, Validated Changes, Enterprise Environ.Factors, Organizational Process Assets
Tools/Techniques: Expert Judgement, Analytical Techniques PM Info System, Meetings
Outputs: Change Requests(key), Work Performance Reports(key), Project Mgt. Plan Updates, Project Documents Updates

27
Q

What are the ITTOs for Perform Integrated Change Control?

A

Inputs: Project Mgt Plan(key), Work Performance Reports(key), Change Requests(key), Enterprise Environ.Factors, Organizational Process Assets
Tools/Techniques: Expert Judgement, Meetings, Change Control Tools(key)
Outputs: Change Log(key), Approved Change Requests(key), Project Mgt. Plan Updates, Project Documents Updates

28
Q

What are the ITTOs for Closing Project or Phase?

A

Inputs: Accepted Deliverables(key), Project Mgt Plan(key), Organizational Process Assets
Tools/Techniques: Expert Judgement, Meetings, Analytical Techniques
Outputs: Final Product Service or Result Transition, Organizational Process Assets Updates

PMP Exam (6 decks)

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