M&C: Integration Management Flashcards
Those processes required to track, review, and regulate the progress and performance of the project;
identify any areas in which changes to the plan are required;
and initiate the corresponding changes
Monitoring and Controlling Process Group
Collect project performance data, produce performance measures, and report and disseminate performance information
Monitor
Comparing actual performance with planned performance, analyzing variances, assessing trends to effect process improvements, evaluating possible alternatives, and recommending appropriate corrective action as needed
Control
A quantifiable deviation, departure, or divergence away from a known baseline or expected value
Variance
An actual condition that is different from the expected condition that is contained in the baseline plan
Variation
A limiting factor that affects the execution of a project, program, portfolio, or process
Constraint
Name the three constraints in the Triple Constraints model.
Cost, Time, Scope
The process of tracking, reviewing and reporting the progress to meet the performance objectives defined in the PMP
Monitor and Control Project Work
A technique for determining the cause and degree of difference between the baseline and actual performance
Variance Analysis
A technique used to evaluate identified options in order to select the options or approaches to use to execute and perform the work of the project
Alternative Analysis
A financial analysis tool used to determine the benefits provided by a project against its costs
Cost-Benefit Analysis
An analytical technique used to determine the basic underlying reason that causes variance or a defect or a risk.
Root Cause Analysis
An analytical technique that uses mathematical models to forecast future outcomes based on historical results
Trend Analysis
Estimates or predictions of conditions and events in the project’s future based on information and knowledge available at the time the schedule is calculated
Schedule Forecasts
Analyzing cost status relative to cost baseline, to determine whether cost performance is still within tolerable limits
CPI, EAC, and CV may be used when EVM is employed)
Cost Forecasts
A methodology that combines scope, schedule, and resource measurements to assess project performance and progress
Earned Value Management
Purpose being to monitor the status of the project to update project progress and manage changes to the schedule baseline
Control Schedule
Purpose being to monitor the status of the project and product scope, and manage changes to the scope baseline
Control Scope
Purpose being to review all change requests, approve changes and manage changes to deliverables, OPAs, project documents, and the PMP
Perform Integrated Change Control
Purpose being to track, review, and report the progress to meet the performance objectives defined in the PMP
Monitor and Control Project Work
Analyzes schedule progress relative to schedule baseline to determine whether schedule performance is still within tolerable limits
Schedule Variance (SV)
Process of reviewing all change requests;
approving changes and managing changes to deliverables, project documents, and the PMP;
and communicating the decisions
Perform Integrated Change Control
A component of the PMP that establishes the change control board, documents the extent of its authority, and describes how the change control system will be implemented.
Change Management Plan
A formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project, and for recording and communicating such decisions
Change Control Board (CCB)
