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New Exam Flashcards > Lesson 2 Starting the Project > Flashcards

Lesson 2 Starting the Project Flashcards

1
Q

focus groups

A

a group providing expectations and attitudes about a product, service or result

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2
Q

SMART objectives

A

Objective adhering to the SMART criteria: Specific, Measurable, Achievable, Relevant and Time-bound

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3
Q

predictive life cycles

A

form of project life cycle where scope, time and cost are determined in the early phases of the life cycle

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4
Q

agile life cycles

A

also called adaptive life cycle; form of project life cycle that uses an iterative and incremental approach to define and deliver the results of the project

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5
Q

iterative life cycles

A

form of project life cycle where the result or product is developed through a series of repeated cycles with each cycle providing more functionality

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6
Q

incremental life cycles

A

form of life cycle that delivers the product in functional increments through a series of cycles

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7
Q

hybrid methodologies

A

methodologies that combine both predictive and agile approaches

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8
Q

requirements traceability matrix

A

a grid that links requirements from their origin to the deliverables that satisfy them

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9
Q

agile estimating

A

estimating techniques that use relative estimates as opposed to definitive

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10
Q

product backlog

A

a prioritized list of customer requirements or user stories

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11
Q

scope management plan

A

a component of the project management plan that describes how the scope will be defined, developed, monitored, controlled and validated

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12
Q

affinity diagramming

A

a technique that allows for large number of ideas to be classified into groups for analysis and review

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13
Q

context diagram

A

a visual representation of a product, service or process

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14
Q

requirements management plan

A

a component of the project management plan that describes how requirements will be collected, analyzed, documented and managed

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15
Q

project scope statement

A

a document that describes the project scope, the deliverables, exclusions, constraints and assumptions

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16
Q

WBS

A

(work breakdown structure) - a hierarchical decomposition of the total scope of work

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17
Q

WBS dictionary

A

a document that provides the detail description of each component in the WBS

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18
Q

control accounts

A

management control points where scope, schedule and costs are integrated

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19
Q

planning package

A

a WBS component below the control account with known work content but without detailed scheduled activities

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20
Q

code of accounts

A

a numbering system used to uniquely identify each component of the WBS

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21
Q

work package

A

the work defined at the lowest level of the WBS

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22
Q

user story

A

a brief description of the definable value for a specific user

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23
Q

sprint backlog

A

a list of work items to be completed in a scrum sprint

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24
Q

definition of done (DoD)

A

a list of the criteria required to be met for the deliverable to be considered complete or ready to use

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25
Q

acceptance criteria

A

a set of conditions required to be met before a deliverable can be accepted

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26
Q

Rough Order of Magnitude (ROM)

A

high level estimate developed without basis of detailed of detailed data and usually based on high level historical information; accuracy generally -25% to +75%

27
Q

analogous estimate

A

a technique for estimating using historical data from a similar activity or project; low level of accuracy

28
Q

parametric estimating

A

a technique for estimating using parameters or variables and historical data

29
Q

bottom up estimating

A

also called definitive estimating; most accurate type of estimating using detail from the lowest components of the work

30
Q

three-point estimating

A

an estimating technique that determines the estimate by calculating the average or weighted average of the optimistic, pessimistic and most likely estimates

31
Q

T-shirt sizing

A

a technique for determining relative estimates by using t-shirt sizes ((small, medium. large, extra large)

32
Q

velocity

A

the measure of how much work can be performed in a sprint

33
Q

EVM

A

Earned Value Management - a methodology that combines scope, schedule and cost measurements to assess project performance

34
Q

estimate at completion (EAC)

A

the expected total cost of completing all work combining the actual cost to date and the estimate to complete

35
Q

funding limit reconciliation

A

the process of comparing the planned expenditure of project funds against any limits on the commitment of funds

36
Q

story estimates

A

relative estimates of value and/or complexity for a specific story

37
Q

task estimates

A

estimates of the work required for a specific task or activity

38
Q

relative estimating

A

any technique that provides relative estimates as opposed to definitive work estimates

39
Q

burndown chart

A

a visual tool used to track the number of hours (or story points) of work remaining

40
Q

burnup chart

A

a visual tool used to track completed work versus planned work

41
Q

four types of precedence relationships

A

finish-to-start (fs); start-to-start (ss); finish-to-finish (ff); start-to-finish (sf); finish-to-start is the most used; start-to-finish is the least used

42
Q

milestone chart

A

a type of schedule chart that shows only milestones or expected completion of major events or deliverables

43
Q

critical path

A

the sequence of activities that represents the longest path through a project which determines the shortest project duration

44
Q

CPM

A

critical path method - the technique used to determine the critical path on a project

45
Q

Agile release planning

A

a top-down approach to planning an agile project; uses high level estimating to determine the number of releases and the number of iterations within each release

46
Q

cost of quality

A

costs organized by investment of costs to prevent defects and costs incurred due to defects

47
Q

benchmarking

A

provides a basis for measuring performance by using historical or competitive measurements

48
Q

quality audit

A

an independent audit to determine whether a project is conforming to standard or expected quality practices

49
Q

verify deliverables

A

the process of verifying the quality of deliverables

50
Q

validate deliverables

A

the process of obtaining customer approval of deliverables

51
Q

control charts

A

graphs used to communicate the variability of a process or project activity over time

52
Q

Pareto chart

A

a histogram used to rank causes of problems in a hierarchical format

53
Q

statistical sampling

A

a quality technique that inspects a portion of the population as opposed to the entire population

54
Q

Project plan documents versus project documents

A

project plan documents are components of the Project Management Plan and once approved can only be changed through change control; project documents are intended to be updated as needed without requiring formal change control

55
Q

Project Management Plan components

A

documents which make up the Project Management Plan (includes the three baselines and the supporting management plans)

56
Q

scrum of scrums

A

representatives from multiple scrum teams meet to review each scrum team’s progress and to identify any potential conflicts or issues

57
Q

SAFe

A

Scaled Agile Framework - a holistic view of agile approaches across an organization or enterprise

58
Q

make-or-buy analysis

A

the analysis used to determine whether a project team should make (build) a product or service or buy the product or service from a third party

59
Q

Statement of Work (SOW)

A

a document that describes the procurement item in sufficient detail to allow prospective sellers to bid on the work required to deliver the expected product, service or result

60
Q

source selection criteria

A

set of attributes desired by the buyer which a seller is required to meet or exceed

61
Q

bidder conferences

A

meetings conducted by the buyer with potential sellers after issuing the RFP but prior to submission of the bids; meetings are used by the buyer for setting clear expectations of the project

62
Q

types of fixed price contracts

A

Firm Fixed Price (FFP, also called “lump sum”); Fixed Price Incentive Fee (FPIF); Fixed Price with Economic Price Adjustment (FPEPA)

63
Q

types of cost reimbursable contracts

A

Cost Plus Fixed Fee (CPFF): Cost Plus Incentive Fee (CPIF); Cost Plus Award Fee (CPAF)

64
Q

Time and materials (T&M) contract

A

contract where buyer pays seller negotiated hourly rate and reimbursement of materials used to complete the project

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