Chapter 5 Flashcards
What is Project Integration Management
Project Integration Management includes the processes required to ensure that the various elements of the project are properly coordinated.
What is the importance of Project integration management
For cost estimation
What is Earned Value Management (EVM)
One of the techniques used to both integrate the various processes and to measure the performance of the project as it moves from initiation through to completion is Earned Value Management (EVM).
What is Earned value
budgeted cost of work performed.
What are 3 curves of Earned value chart
The budgeted cost of the work scheduled.
The earned value.
The actual cost of the work performed so far.
What is Project Scope Management
Project Scope Management includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully. It is primarily concerned with defining and controlling what is or is not included in the project.
What is Project Time Management
Project Time Management includes the processes required to ensure timely completion of the project.
What are 5 major processes in developing the project time schedule
(a) Activity Definition—identifying the specific activities that must be performed to produce the various project deliverables.
(b) Activity Sequencing—identifying and documenting interactivity dependencies.
(c) Activity Duration Estimating—estimating the number of work periods that will be needed to complete individual activities.
(d) Schedule Development—analyzing activity sequences, activity duration, and resource requirements to create the project schedule.
(e) Schedule Control—controlling changes to the project schedule.
What is Project Cost Management
Project Cost Management includes the processes required to ensure that the project is completed within the approved budget.
What are 4 key areas of project cost management
Resource Planning—determining what resources (people, equipment, materials) and what quantities of each should be used to perform project activities.
Cost Estimating—developing an approximation (estimate) of the costs of the resources needed to complete project activities.
Cost Budgeting—allocating the overall cost estimate to individual work activities.
Cost Control—controlling changes to the project budget.
What is Project Quality Management
Project Quality Management includes the processes required to ensure that the project will satisfy the needs for which it was undertaken.
What are quality management functions
quality planning, quality assurance, quality control, and quality improvement
Does the process interact with other processes of knowledge areas
Yes
Does product refers to services and goods
Yes
What is Project Human Resource Management
Project Human Resource Management includes the processes required to make the most effective use of the people involved with the project.
What are processes for Project Human Resource Management
Organizational Planning—identifying, documenting, and assigning project roles, responsibilities, and reporting relationships.
Staff Acquisition—getting the human resources needed assigned to and working on the project.
Team Development—developing individual and group competencies to enhance project performance.
What are Project Communications Management
Project Communications Management includes the processes required to ensure timely and appropriate generation, collection, dissemination, storage, and ultimate disposition of project information.
What are Major processes of Project Communications Management
Communications Planning—determining the information and communications needs of the stakeholders: who needs what information, when they will need it, and how it will be given to them.
Information Distribution—making needed information available to project stakeholders in a timely manner.
Performance Reporting—collecting and disseminating performance information. This includes status reporting, progress measurement, and forecasting.
Administrative Closure—generating, gathering, and disseminating information to formalize a phase or project completion.
What are Sender-receiver models
feedback loops, barriers to communications, etc.
What are Choice of media
when to communicate in writing versus when to communicate orally, when to write an informal memo versus when to write a formal report, etc.
What are Writing style
active versus passive voice, sentence structure, word choice, etc.
What are Presentation techniques
body language, design of visual aids, etc
What are Meeting management techniques
preparing an agenda, dealing with conflict, etc
What is Project Risk management
Project Risk management is the systematic process of identifying, analyzing, and responding to project risk.
What are Project Risk management processes
Risk Management Planning—deciding how to approach and plan the risk management activities for a project.
Risk Identification—determining which risks might affect the project and documenting their characteristics.
Qualitative Risk Analysis—performing a qualitative analysis of risks and conditions to prioritize their effects on project objectives.
Quantitative Risk Analysis—measuring the probability and consequences of risks and estimating their implications for project objectives.
Risk Response Planning—developing procedures and techniques to enhance opportunities and reduce threats to the project’s objectives.
Risk Monitoring and Control—monitoring residual risks, identifying new risks, executing risk reduction plans, and evaluating their effectiveness throughout the project life cycle.
What are Project Procurement Management
Project Procurement Management includes the processes required to acquire goods and services, to attain project scope, from outside the performing organization.
What are processes of Project Procurement Management
Procurement Planning—determining what to procure and when.
Solicitation Planning—documenting product requirements and identifying potential sources.
Solicitation—obtaining quotations, bids, offers, or proposals, as appropriate.
Source Selection—choosing from among potential sellers.
Contract Administration—managing the relationship with the seller.
Contract Closeout—completion and settlement of the contract, including resolution of any open items.
What is subcontractor, a vendor, or a supplier
Seller
