Extra info from studying Flashcards
The series of phases that a project passes through from its start to its completion is called _________
Project life cycle 1.2.4.1
A collection of logically related project activities that culminate in the completion of one or more deliverables is called ___________________
Project phase 1.2.4.2
A systematic series of activities directed toward causing an end result where one or more inputs will be acted upon to create one or more outputs is called __________
Project management processes 1.2.4.4
An identified area of project management defined by it’s knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools and technique is called ______________
Project Management Knowledge Area 1.2.4.6
Project Integration - Monitor & Control Project Work - T&T
FMEA - Stands for what…..and 3 analysis
Failure Mode & Effect Analysis
Regression Analysis
Fault Tree Analysis
Grouping Methods
Definition of Transformational Leader
Empowering followers through idealized attitudes and behaviors, inspirational motivation, encouragement for innovation and creativity an individual consideration.
Definition of Transactional Leader
focus on goals, feedback, and accomplishments to determine rewards, management by exception
What are components of the project’s final report?
Summary level description of each phase of the project.
Summary of the validation information for the final project deliverables.
The cost of running a project management office is an example of what type of cost
Indirect.
Not directly traced to specific project.
What is valuable inputs to the Plan Resource Management process.
Lessons learned
Which processes gives the project management team insights into the health of the project
Monitor and Control Project Work
This is the process for collecting, measuring, and disseminating performance information and for assessing measurements and trends to effect process improvements.
If the cost variations observed to date are NOT EXPECTED to continue going forward, we would use what EAC formula?
EAC = AC + BAC – EV
Quality audits are performed during what process?
Manage Quality process.
If you are planning to eliminate the impact of a particular risk, you are using what risk response?
AVOIDANCE
The Define Scope process will result in development of what……..
Project Scope statement
Updates to project documents such as
stakeholder register
requirements documentation and
requirements traceability matrix.
What is a common tools and techniques for Plan Communications Management and Manage Communications processes.
Communication methods
What document describe the higher-level needs of the organization as a whole, such as the business issues or opportunities?
Business requirements
What document describes in detail the features, functions and characteristics of the product that will meet the business and stakeholder requirements.
Solutions requirements
What is provided to the Monitor Stakeholder Engagement process as an output from Direct and Manage Project Work process
Work performance data
What is a collection of formally documented procedures that define how project deliverables and documentation are controlled, changed and approve. This is a subsystem of the configuration management system.
Change control system
NOTE:
According to the Parkinson’s law, work expands to fill the time available for its completion.
.
Performing activities to accomplish project activities is one of the goals of what process?
Direct and Manage Project Work process
What enhances brainstorming with a voting process.
Nominal Group Technique
This then allows the most useful ideas to be prioritized and taken up for further brainstorming.
Expected monetary value (EMV) analysis is a statistical concept that calculates what?
The average outcome when the future includes scenarios that may or may not happen. The EMV of opportunities will usually be positive values while risks will result in negative values
What is it called….
Durations during which the team works steadily toward completion of a goal.
Time-Boxing
What helps to minimize scope creep as it forces the teams to process essential features first, then other features when time permits
Time-boxing
What EAC formula is used If the REMAINING project work is expected to be performed at the BUDGETED RATE
EAC = AC + (BAC – EV)
What EAC formula is used when the client is insisting you complete the project on schedule
EAC = AC + [(BAC-EV) / (CPIxSPI)]
Which EAC formula is used when the future performance will be the same as the past performance
EAC = BAC/CPI
What is Organizational Project Management (OPM)
A strategy execution framework utilizing portfolio, program, and project management.
Provides a framework that enables organizations to consistently and predictably deliver on organizational strategy, producing better performance, better results and a sustainable competitive advantage.
What is organizational governance?
A structured way to provide direction and control through policies, and processes, to meet strategic and operational goals.
