EX 1 Flashcards
If customer has requested shorten the project time due to regulatory change, what should you do as PM?
Inform customer the impacts on his/her requirement to project constraints and, after getting the required approval, crash the project to shorten the time.
Precedence Diagramming
method used by most project management to build project schedule network diagram in the project management software
If PM and team has mixed experience w/ agile method and customer changes their mind frequently based on the latest market intelligence they heard, what type of project methodology would fit?
Hybrid
WBS Dictionary
Describes the details of each component in the project WBS
Which process involves negotiation?
Conduct Procurements Process
If Scrum project has very limited resources, don’t have budget to hire new people, and one of the team member is experienced with Scrum projects. What would be the best method to proceed?
Assign the team member a coach who has experience in being a scrum master. This coach will guide the team member as Scrum Master throughout the project.
Document to show work assigned to each project team member
RAM - Responsibility assignment matrix
First option for cost reudction in highly cost sensitive project
Direct and variable costs.
Direct costs belong to project resources which can be scaled down or reduced. Variable costs depend on the amount of work performed by resources. Therefore, there is a higher opportunity to reduce it by reducing the scope and amount of work required.
If product delivered quality of last several sprints were poor, what should you do as PM?
Ensure the team is using test-driven development
Tuckman theory on Stages of Team Development
Forming, Storming, Norming, Performing, and Adjourning
if one the team member works on another project with yours at 50% capacity, what would be the main issue?
Team’s productivity would be affected because of team member’s task switching
When PM compare labor rates to what is allocated in the project budget, and planning communication protocols for the virtual team, what activity is PM currently performing?
Acquiring resources for the project.
During the “storming stage” of the project, there is disagreement between team members on how work is being done. What is one of the way to take action as PM?
Hold a team meeting and facilitate the creation of a team charter that includes ground rules. Any meeting that could take too long will defeat the purpose of storming the project which is to get things done quicker.
Cost baseline is developed during which process?
Determine budget which is planning process in project cost management
Does critical path has zero, positive, or negative float OR
Zero total float and shows earliest possible time to complete the project
It has zero, positive, and negative float
If you project requires consultant based on project charter and client has dictates that you hir specific consultant as team member. What is the tool and technique of acquire resources process?
Pre-Assignment
How to determine the cost of crash cost on each task and which task should you choose when crashing the project?
Crash Cost = Cost After Crashing Task - Original Cost Task
Add all the Crash Cost to determine which task critial path to take based on lowest crash cost.
When you are using Fishbone Diagram (Effect Analysis or Ishikawa Diagram) to find potential risk, which process are you in?
Identify Risks Process
If a group of stakeholders were not satisified with not getting updates during the project, what could you and your team have done better?
A more accurate stakeholder identificatoin
What is Cost of non-conformance
It is some kind of a loss or rejection of the project’s output.
What is Salience Model?
Venn diagram comprising of three attributes. These are represented by three circles. Attributes are power, legitimacy, and urgency of the stakeholders
Sunk Cost
Sunk costs are cost that are already used in the past so it is never used in project cost/financial analysis for the future part of the project.
Inputs of Develop Project Charter Process
Business Case,
Agreements,
Enterprise Environmental Factors,
Organizational Process Assets
