Integration Mgmt Flashcards

1
Q

What is the correct order of actions to take during the closing process?

A

Get formal acceptance, write lessons learned, release the team, and close the contract

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2
Q

Describe Work Performance Information

A

Work performance information describes how far a deliverable is from completion, and how it is progressing compared to plan. It can include several work performance data, such as deliverable status, schedule progress, resource utilization, costs incurred, and quality standards

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3
Q

Describe Work Authorization System

A

A subset of the project management information system (PMIS). A formal documented procedure to describe how to authorize and initiate work in the correct sequence and the appropriate time. Used throughout the executing process group.

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4
Q

What are the 18 primary components of the project management plan?

A

4 baselines and 14 subsidiary plans

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5
Q

List the processes included in integration management

A

Develop project charter, develop project management plan, direct and manage project work, manage project knowledge, monitor and control project work, perform integrated change control, close project/phase

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6
Q

What are the main outputs of develop project charter?

A

Project charter, assumption log

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7
Q

What are the main outputs of develop project management plan?

A

Project management plan

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8
Q

What are the main outputs of direct and manage project work?

A

Deliverables, work performance data, issue log, change request

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9
Q

What are the main outputs of manage project knowledge?

A

Lessons learned register

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10
Q

What are the main outputs of the monitor and control project work process of integration mgmt?

A

Work performance reports, change requests

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11
Q

What are the main outputs of perform integrated change management?

A

Approved change request

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12
Q

What are the main outputs of close project or phase?

A

Final product, service, or result transition and final report

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13
Q

Describe BCR

A

Benefit-Cost Ratio = returns/cost. A larger BCR is more desirable

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14
Q

Describe IRR

A

Internal rate of return. A higher IRR is more desirable

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15
Q

Describe opportunity cost

A

Represents the value of what you choose NOT to do

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16
Q

Describe project benefits management plan

A

One of the inputs to the project charter. Describes main benefits of the project, typically using financial analysis and different business cases.

17
Q

Describe the assumption log

A

One of the main outputs of the develop project charter phase. A list of things that you perceive to be true and things that might constrain the project. Continuously updated.