Definitions 61-90

Question 1

What is a CPAF? (Cost Plus Award Fee Contract)

Answer 1

A category of contract that involves payments to the seller for all legitimate actual costs incurred for completed work, plus an award fee representing seller profit. - Payments to the seller (CTR organization) + award fee (bonus).

Question 2

What is CPFF? (Cost Plus Fixed Fee Contract)

Answer 2

A type of cost-reimbursable contract where the buyer reimburses the seller for the seller’s allowable costs (allowable costs are defined by the contract) plus a fixed amount of profit (fee). - Payments to seller (CTR organization) + fixed amount (bonus).

Question 3

What is CPIF? (Cost Plus Incentive Fee Contract)

Answer 3

A type of cost-reimbursable contract where the buyer reimburses the seller for the seller’s allowable costs (allowable costs are defined by he contract), and the seller earns its profits if it meets defined performance criteria. - Payments to seller (CTR organization) + bonus it is meets the performance criteria.

Question 4

What is a Cost-Reimbursable Contract?

Answer 4

A type of contract involving payment to the seller for the seller’s actual costs, plus a fee typically representing the seller’s profit. - Payments to seller (CTR organization) + fee (bonus from profit)

Question 5

What is CV? (Cost Variance)

Answer 5

The amount of budget deficit or surplus at a given point in time, expressed as the difference between the earned value and the actual cost. - EV- AC = CV

Question 6

Define Crashing.

Answer 6

A method used to shorten the schedule duration for the least incremental cost by adding resources.

Question 7

Define Criteria.

Answer 7

Standards, rules, or tests on which a judgement or decision can be based on by which determines the shortest possible duration. - Standards which can = shorter time.

Question 8

What is CPM? (Critical Path Method)

Answer 8

A method used to estimate the minimum project duration and determine the amount of schedule flexibility on the logical network paths within the schedule model. - How to estimate the project time and project flexability.

Question 9

What is CFD? (Cumulative Flow Diagram)

Answer 9

A chart indicating features completed over time, features in other states of development, and those in the backlog. - Tasks status on chart form.

Question 10

Define Cycle Time.

Answer 10

The total elapsed time from the start of a particular activity or work item to its completion. - Task time from beginning to end.

Question 11

What is a Cycle Time Chart?

Answer 11

A diagram that shows the average cycle time of the work items completed over time. - Average time of completed work tasks.

Question 12

Define Daily Standup.

Answer 12

A brief, daily collaboration meeting in which the team reviews progress from the previous day, declares intention for the current day, and highlights any obstacles encountered or anticipated. - A daily meeting that review progress of tasks.

Question 13

What is a Dashboard?

Answer 13

A set of charts and graphs showing progress or performance against important measures of the project. - Charts and graphs showing progress in a project.

Question 14

What are Data Gathering and Analysis Methods?

Answer 14

Methods used to collect, assess, and evaluate data and information to gain a deeper understanding of a situation. - A method on how to collect information to understand a situation.

Question 15

What is a Decision Tree Analysis?

Answer 15

A diagramming and calculation method for evaluating the implications of a chain of multiple options in the presence of uncertainty. - A calculation method to determine the implications of multiple options in uncertainty.

Question 16

What is DoD? (Definition of Done)

Answer 16

A checklist of all the criteria required to be met so that a deliverable can be considered ready for customer use. - Checklist of everything to be considered ready for consumers.

Question 17

Define Deliverable.

Answer 17

Any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project. - The items that a due in a project.

Question 18

What is a Delivery Performance Domain?

Answer 18

The performance domain that addresses activities and functions associated with delivering the scope and quality that the project was undertaken to achieve. - What activities are the project associated with which are within scope and quality of the project.

Question 19

What is a Development Approach?

Answer 19

A method used to create an evolve the product, service, or result during the project life cycle, such as a predictive, iterative, incremental, agile, or hybrid method. - A method to develop a X within the project life cycle.

Question 20

What is the Development Approach and Life Cycle Performance Domain?

Answer 20

The performance domain that addresses activities and functions associated with the development approach, cadence, and life cycle phases of the project. - What activities are project associated with cadence and life cycle phases of the project.

Question 21

Define DevOps.

Answer 21

A collection of practices for creating a smooth flow of deliveries by improving collaboration between development and operations staff. - A practice of creating smooth flowing deliverabilies.

Question 22

Define Digital Product.

Answer 22

A product or service that is delivered, used, and stored in an electronic format.

Question 23

What is Discretionary Dependency?

Answer 23

A relationship that is based on the best practices or project preferences. - Project or best practice relationship based.

Question 24

What is EV? (Earned Value)

Answer 24

The measure of work performed expressed in terms of the budget authorized for that work. - Work measures by budget.

Question 25

What is EVA? (Earned Value Analysis)

Answer 25

An analysis method that uses a set of measures associated with scope, schedule, and cost to determine the cost and schedule performance of a project. - Method that uses measurements associated with scope/schedule etc.

Question 26

Define Effort.

Answer 26

The number of labor units required to complete a schedule activity or work breakdown structure component, often expressed in hours, days, or weeks. Contract duration. - How much labor (hours/days/weeks) to complete an activity.

Question 27

What is Emotional Intelligence?

Answer 27

The ability to identify, assess, and manage the personal emotions of oneself and other people, as well as the collective emotions of groups of people. - How to manage your personal emotions/ other emotions.

Question 28

What is a Critical Path?

Answer 28

The sequence of activities that represents the longest path through a project, which determines the shortest possible duration. - Longest path of activities = shortest duration

Question 29

Define Decomposition.

Answer 29

A method used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts. - Eat an elephant - one bite at a time.

Question 30

Define Duration.

Answer 30

The total number of work periods required to complete an activity or work breakdown structure component, expressed in hours, days, or weeks, Contrast with Effort. -