Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

PMP > Integration Management > Flashcards

Integration Management Flashcards

1
Q

Future Value of Money Formula

A

FV+PV(1+i)n

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Present Value of Money Formula

A

PV+FV/(1+i)n

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Net Present Value

A

Calculate return for each time period, calculate each time period’s present value, sum the present value, subtract investment, NPV greater than zero is good

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Internal Rate of Return

A

Present value equals cash inflow, IRR with higher values are good, IRR with lower values might be too poor, greater than zero is a decent project selection

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Scope Management Plan

A

How scope will be defined, developed, monitored, controlled, and validated

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Requirements Management Plan

A

How requirements will be analyzed, documented, and managed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Schedule Management Plan

A

Criteria and the activities for developing, monitoring, and controlling the schedule

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Cost Management Plan

A

How costs will be planned, structured, and controlled

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Quality Management Plan

A

How an organization’s quality policies, methodologies, and standards will be implemented int he project

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Resource Management Plan

A

How project resources are categorized, allocated, managed, and released

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Communication Management Plan

A

How, when, and by whom information will be administered and disseminated

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Risk Management Plan

A

How risk management activities will be structured and performed

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Procurement Management Plan

A

How the project team will acquire goods and services from outside of the performing organization

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Stakeholder Engagement Plan

A

How stakeholders will be engaged in project decisions and execution

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Scope Baseline

A

Scope statement, work breakdown structure, and the WBS dictionary

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Schedule Baseline

A

schedule model that is used as a basis for comparison to the actual results

17
Q

Cost Baseline

A

Time phased project budget that is used as a basis for comparison to the actual results

18
Q

Change Management Plan

A

How change requests will be authorized and incorporated

19
Q

Configuration Management Plan

A

How the information about the items of the project will be recorded and updated

20
Q

Performance Management Plan

A

Integrated scope-schedule-cost plan for the project to measure and manage performance

21
Q

Project Life Cycle

A

Phases that a project passes through

22
Q

Development Approach

A

Product, service, or result development approach such as predictive, iterative, agile, or a hybrid model

23
Q

Management Reviews

A

Points to review the project progress and performance

24
Q

Alternatives Analysis

A

Corrective and prevent actions to fix problems and to prevent problems

25
Q

Cost-benefit Analysis

A

Cost of the proposed corrective actions and the consideration of the benefits the actions will create

26
Q

Earned Value Analysis

A

Earned value management is a suite of formulas that helps to show project performance

27
Q

Root Cause Analysis

A

Determine what activities, people, organizational processes, or other factors are contributing to an effect

28
Q

Trend Analysis

A

Recurring problems, threats, opportunities

29
Q

Variance Analysis

A

Difference of planned and experience

30
Q

Configuration Identification

A

Identification and documentation of the product and its components

31
Q

Configuration Status Accounting

A

Includes the documentation of the product information

32
Q

Configuration Verification and Auditing

A

Concerned with performance and functional attributes of the product

33
Q

Your project is moving ahead of schedule. Management elects to incorporate additional quality testing into the project to improve the quality and acceptability of the project deliverable. What is this is an example of?

A

Integrated Change Control

34
Q

In a Project Selection Model, what is the most important factor?

A

Business Needs

35
Q

The project plan provides what with regard to project changes?

A

A guide to all future project decisions

36
Q

Baseline variances, a documented plan to management variances, and a proven methodology to offer corrective actions to the project plan are all part of which process?

A

Integrated Change Control

37
Q

One of the requirements of project management in your organization is to describe your project management approach and methodology in the project plan. You can best accomplish this requirement through which one of the following actions?

A

Compiling the management plans from each of the knowledge areas

PMP (13 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions