Guide - Section 2.5 (Deck#1) - Work Performance Flashcards
Which Performance Domain addresses activities and functions associated with establishing project processes, managing physical resources, and fostering a learning environment?
Project Work
Performance Domain
What are all documents used to solicit information, quotations, or proposals from prospective sellers called?
Bid Documents
What are the meetings with prospective sellers prior to the preparation of a bid or proposal to ensure all prospective vendors have a clear and common understanding of the procurement called?
Bidder Conference
Also known as contractor conferences, vendor conferences, or pre-bid conferences
What is knowledge that can be codified using symbols such as words, numbers, and pictures called?
Explicit Knowledge
What is personal knowledge that can be difficult to articulate and share such as beliefs, experience, and insights called?
Tacit Knowledge
What are 3 ways of optimizing the processes for the environment?
- Lean Production Methods
- Retrospectives / Lessons Learned
- Asking - Where is the next best funding spent? Continue with current task or next activity to optimize value delivery.
What method uses techniques such as value stream mapping to identifying and removing waste from production systems?
Lean Production Method
What is a system that is used to manage the flow of goods and materials from the point of origin to the point of consumption called?
Integrated Logistics System
What is used to gather more information from the market prior to sending out bid documents to a set of selected vendors?
Request for information
The Bid Process
What is used for complex or complicated scope where the buyer is looking for the vendor to provide a solution?
Request for proposal
Working with Procurements
What is used when price is the main deciding factor, and
the proposed solution is readily available?
Request for quote
The Bid Process
For projects that use an adaptive approach for some deliverables and a predictive approach for others what type of contract can be used?
Master Agreement
The adaptive work may be placed in an appendix or supplement. This allows the changes to occur on the adaptive scope without impacting the overall contract.
Contracting
How does a master agreement differ from other contracts?
It allows for more flexibility, emphasizes value delivered, and decomposes the scope into fixed-price microdeliverables.
When does a vendor become a project stakeholder?
Once the vendor is selected, the project plans and documents are updated to incorporate vendor dates, resources, costs, quality requirements, risks, etc. From that point, the vendor becomes a project stakeholder.
Information in the Stakeholders Performance Domain and Measurement Performance Domain will apply to the vendor(s) throughout the project.
Contracting
Who does the PjM work with to manage expectations around adding scope, the implications to the budget, and the availability of project team members?
Product Owner
Monitoring New Work and Changes