Detecting and Resolving Problems Flashcards
Acceptance
The response to risks that are small or can’t be mitigated/transferred/or avoided
Assignable cause
In a control chart measurements that are out of control are deemed an assignable cause. These are measurements of performance that are out of control; an assignable cause means there’s some reason why a variance happened
Control chart
Shows how the team preformed within the control limits for each increment of a project. This defines the expected performance within control limits, trends, and assignable causes
Control lmits
Are boundaries to operate within. They offer a window of performance and provide a level of expectation for productivity
Cycle time
Is how long something takes to go through a part of the process. Cycle time is a subset of lead time, which is how long something takes to go through the entire process
Defect cycle time
Is the amount fo time between when a defect is discovered and when it’s resolved. The longer the defect cycle time, typically the more expensive that defect will be in the project
Escaped defects
These are defects that slip through testing and into production. They are the most expensive because they get out to the end user
Expected monetary value
Is the financial exposure of the risk. This is found by multiplying the risk probability times the risk impact
Fishbone diagram
Also called the cause and effect diagram and an Ishikawa diagram, is used in root cause analysis to identify the contributing cause of the effect. The diagram can be used to facilitate a conversation to resolve the effect the project is experiencing
Issues
These are risks that have been realized in the project, and their effect must be managed
Lagging metrics
Based on performance to this point of the project. Allow you to look for trends and then, based on what you find, predict the future with some degree of confidence. Lagging trends are proven
Lead time
How long a requirement takes to go through an entire process within the project
Leading metrics
Provide a view into the future. Are trends that you predict will happen. Leading trends have uncertainty and are NOT yet proven.
Maslow’s Hierarchy of Needs
Describes the 5 levels of human needs: physiological, safety, social, esteem, and self-actualization. To be self-actualized means you have a sense of purpose in your work and also take pride/want to do it properly.
Mitigation
Anything we do to reduce the probability or impact of a risk event