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Project Management TPV1 > Chapter 9 > Flashcards

Chapter 9 Flashcards

1
Q

Quality Control

A
  • The process of reviewing project results & determining whether they comply with the standards documented in the quality management plan.
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2
Q

Unit Testing

A
  • testing sections of code as they’re written to verify they operate properly.
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3
Q

System Testing

A

-Entire system as a whole is tested.

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4
Q

Histogram

A
  • A bar chart that depicts variables on the horizontal & vertical axes.
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5
Q

Pareto diagram

A
  • is used to rank the importance of a problem based on its frequency of occurrence over time.
  • Isolate major problems
    (80/20 rule)
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6
Q

Control Chart

A
  • Measures & displays the variance of several samples of the same process over time.
  • based on upper & lower control limit
  • most commonly used in manufacturing
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7
Q

(PV)

A

Planned Value
- Is the cost of work that has been authorized & budgeted for a schedule activity or WBS component during a given time period or phase.

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8
Q

(AC)

A

Actual Cost

- Actual cost of completing the work component in a given time period.

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9
Q

(EV)

A

Earned Value
- The value of the work completed to date as it compares to the budgeted amount (PV) for the work component.
AKA: budgeted cost of work performed (BCWP)

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10
Q

(CPI)

A

Cost Performance Index
- Measures the vale of the work completed at the measurement date against the actual cost.

CPI = EV/AC

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11
Q

(BAC)

A

Budget at Completion

- Total amount of the budget for a work package a control account, a schedule activity, or the project.

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12
Q

(ETC)

A

Estimate to complete
- The cost estimated for the remaining project work
EAC = AC + ETC

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13
Q

Project Reports

A
  • Include the project status reports & minutes from project meetings, lessons learned, closure reports, & other documents from all the processes throughout the project.
  • include issue reports here
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14
Q

Flowcharting

A
  • Show the logical steps that must be performed in order to go accomplish an objective.
  • can help show how problem occured
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15
Q

Trend Analysis

A
  • Mathematical technique that can be used to predict future defects based on historical results.
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16
Q

Run Charts

A
  • Show variations in the process over time or to show rends (improvements/lack of) in the process.
  • doesn’t depict acceptable limits
17
Q

Ishikawa diagram

A
  • Shows the relationship between the effects of problems & their causes.

AKA: Cause and effect diagram

18
Q

Random Variances

A
  • Might be normal, depending on process used.
19
Q

Known or predictable variances

A
  • variances that you know exist in the process because of particular characteristics of the product service, or result you are processing
20
Q

Rework

A
  • Any action that is taken as a result of quality activities to correct a defect.
21
Q

Acceptance

A
  • Is the decision to agree to any defects that are found as a result of the quality testing.
22
Q

(EVM)

A

Earned Vale Measurement
- is a tool & technique of the cost control process.- primary function: determine & document the cause of the variance, impact, & if corrective action is needed.

23
Q

(TCPI)

A

To-complete Performance Index
- Projected performance level that the remaining work of the project must achieve in order to meet the stated financial/schedule goals.

TCPI = (BAC - EV) / (BAC - AC)

24
Q

(VA)

A

Variance analysis
- The comparison of planned project results w/actual project results.

  • often use: Variance at completion (VAC)

VAC = BAC - EAC

25
Q

(EAC)

A

Estimate at Completion
- Forecast of the total cost of the project based on both the current project performance & remaining work.

EAC = AC + ETC

26
Q

(SPI)

A

Schedule performance Index
- Measures the progress to date against the progress that was planned.

SPI = EV/PV

27
Q

(SV)

A

Schedule Variance

SV = EV - PV

28
Q

Cost Control

A
  • measure project spending to date
  • determine if change to cost baseline has occurred
  • take appropriate action if change is required
29
Q

Inspection

A
  • a Quality Control tool that involves examining, measuring, or testing work results to determine whether they conform to the quality standards and plan.

Project Management TPV1 (10 decks)

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