Miscellaneous Flashcards

1
Q

If you want to change several product features at once to come up with the best possible product, what tool and technique would you use? Why wouldn’t it be a fishbone analysis?

A

Design for X - Optimized/excellence

Fishbone - Measure cause & effect to analyze a problem

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2
Q

Which process has the Lessons Learned Register as an output?

A

Manage Project Knowledge, though it’s UPDATED during the Close Project or Phase, Implement Risk, etc.

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3
Q

What is the difference between Quality Management and Quality Control?

A

Manage = Making certain that the project work, the processes followed, and the deliverables that are produceconformto the quality management plan

Control = Ensuring a certain level of quality in adeliverable (DELIVERABLE)

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4
Q

What is a “Lead?”

A

the acceleration of a successor activity. In other words, the second activity can begin (and be conducted in parallel) as the first activity.

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5
Q

What is crashing a project? How is it different than fast-tracking?

A

Method used to speed up a project’s timeline by adding additional resources without changing the scope of the project

Fast-tracking involves the performance of activities in parallel (assuming there is no finish-to-start dependency)

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6
Q

What knowledge area is the WBS apart of?

A

Project Scope Management

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7
Q

What does “TOTAL float is less than zero” mean?

A

Float is the amount of time a given task can be delayed without causing a delay in the entire project

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8
Q

How could the Critical Path Method & Monte Carlo Simulation be related?

A

Single-point estimates (Critical Path Method) and Program Evaluation and Review Technique (PERT) do not account for path convergence and underestimate project duration

The Monte Carlo Simulation can emulate project activities (examples: scheduling of activities, estimating project cost) and estimate percentage of risk and probability of occurrence

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9
Q

What is the difference between Grade and Quality?

A

Quality is within scope, measures how closely a deliverable meets expectations and functions as intended

Grade is how valuable the product is to the customer (customer could classify additional “value” that wasn’t scoped and still be disappointed with a high Quality product)

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10
Q

If customers/vendors impose requirements on contracts, what types of contracts would it be?

A

Ones where the buyer assumes the risk - Fixed Cost

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