Chapter 3 - Project Management

Question 1

Work Performance Data

Answer 1

The raw observations &
measurements identified during activities performed
to carry out project work: % work physically
completed, start & finish dated & technical measures.

Question 2

Work Performance Information

Answer 2

The performance
data collected from controlling processes: status of
deliverables, status of change requests, forecasted
ETC.

Question 3

Work Performance Reports

Answer 3

The physical or
electronic representation of work performance
information.

Question 4

Project Management Office (PMO)

Answer 4

Centralizes the management of projects.
Typical 3 structures:
◦ Supportive – Providing a consultative role by
providing templates, best practices, training,
access to information, & lessons learned.
◦ Controlling – Provide support & require
compliance.
◦ Directive – Take control of the projects by
directly managing the projects.

Question 5

Centralizes the management of projects.
Typical 3 structures:
◦ Supportive – Providing a consultative role by
providing templates, best practices, training,
access to information, & lessons learned.
◦ Controlling – Provide support & require
compliance.
◦ Directive – Take control of the projects by
directly managing the projects.

Answer 5

Requires
all processes, initiatives and operations to be
tracked against specific, defined objectives.
MBO only works if management strongly
supports it. MBO has three basic steps:
◦ Establish unambiguous and realistic
objectives
◦ Regularly evaluate if the objectives are
being met
◦ Implement corrective action

Question 6

Project Life Cycle

Answer 6

A series of phases
that a project passes through from its
initiation to its closure. It provides the
basic framework for managing the
project.

Question 7

Project Phases

Answer 7

Represent a collection
of logically related project activities that
culminate in the completion of one or
more deliverables.

Question 8

Predictive Life Cycle

Answer 8

Also known as fully plan driven,
are ones where the scope, time & cost are
determined as early as possible – Waterfall.

Question 9

Iterative & Incremental Life cycle

Answer 9

Project phases
intentionally repeat one or more project
activities as the team’s understanding
increases.

Question 10

Adaptive Life Cycle

Answer 10

Change driven or agile are intended
to respond to high levels of change &
stakeholder involvement with fixed time & cost.

Question 11

Constraints

Answer 11

Represent factors that limit options of the
project manager and project team.
◦ Common constraints include time, budget, requirements,
resources and/or risks
◦ Management’s responsibility to set the priority of each
constraint
◦ Project manager and project team’s responsibility to
analyze the impacts of changes against the project
constraints.

Question 12

Organizational Project Management Maturity Model (OPM3)

Answer 12

Is Project Management Institute (PMI)®’s model to help
organizations determine their level of project management
maturity.

Question 13

Stakeholders & Stakeholder Management

Answer 13

— Stakeholders

represent anyone with a vested interest in the project.

Question 14

The Basic of PM

Answer 14

Scope, Quality, Schedule, Budget, Resources, Risk

Question 15

business lifecycle phases

Answer 15

policy planning, identifying needs, project conception, realization and portfolio management

Question 16

Organizational process assets

Answer 16

re the plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization. They include any artifact, practice, or knowledge from any or all of the organizations involved in the project that can be used to perform or govern the project.

Question 17

rolling wave planning

Answer 17

Rolling wave planning is a form of progressive elaboration (section 1.2.1.3) planning where the work to be accomplished in the near term is planned in detail at a low level of the WBS, while the work far in the future is planned for WBS components that are at a relatively high level of the WBS.

Question 18

PDCA cycle

Answer 18

a continuous loop of planning, doing, checking (or studying), and acting. It provides a simple and effective approach for solving problems and managing change, and it’s useful for testing improvement measures on a small scale before updating procedures and working methods.

Question 19

Progressive elaboration

Answer 19

Developed in steps and continuing in increments.