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Prompts for Keepers > Module 2 > Flashcards

Module 2 Flashcards

1
Q

Focus Groups

A

An elicitation technique that brings together pre-qualified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product, service, or result.

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2
Q

Predictive Life Cycle

A

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

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3
Q

Iterative Life Cycle

A

A project life cycle where the project scope is generally determined early in the project life cycle, but time and cost estimates are routinely modified as the project team’s understanding of the product increases. Iterations develop the product through a series of repeated cycles, while increments successively add to the functionally of the product.

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4
Q

Hybrid Methodologies

A

A combination of predictive and adaptive approaches to offer flexibility to teams.

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5
Q

Agile Estimating

A

Agile estimation is about evaluating the effort required to complete each work item listed in the prioritized backlog, which, in turn, helps improve sprint planning. Estimates can be hard to grasp.

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6
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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7
Q

Context Diagram

A

A visual depiction of the product scope showing a business system (process, equipment, computer system, etc.), and how people and other systems (actors) interact with it.

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8
Q

Project Scope Statement

A

The description of the project scope, major deliverables, assumptions, and constraints.

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9
Q

WBS Dictionary

A

A document that provides detailed deliverable, activity, and scheduling information about each component in the work breakdown structure.

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10
Q

Planning Package

A

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

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11
Q

Work Package

A

The work defined at the lowest level of the work breakdown structure (WBS) for which cost, and duration are estimated and managed.

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12
Q

Sprint Backlog

A

A list of work items identified by the Scrum team to be completed during the Scrum sprint.

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13
Q

Acceptance Criteria

A

A set of conditions that is required to be met before deliverables are accepted.

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14
Q

Analogous Estimating

A

A technique for estimating the duration or cost of an activity on a project using historical data from a similar activity or project.

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15
Q

Bottom-up Estimating

A

A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the WBS.

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16
Q

Earned Value Management (EVM)

A

A methodology that combines scope, schedule, and resource measurements to assess project performance and progress.

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17
Q

Funding Limit Reconciliation

A

The process of comparing the planned expenditure of project funds against any limits on the commitment of funds for the project to identify any variances between the funding limits and the planned expenditures.

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18
Q

T-shirt Sizing

A

Agile approach to group tasks.

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19
Q

Task Estimating

A

Most likely, Optimistic & Pessimistic

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20
Q

Burndown Chart

A

A tool that is used to track the progress of the project by plotting the number of days of Sprint against the number of hours of work remaining.

21
Q

Four Types of Precedence Relationships

A

Finish-to-Start (FS), Finish-to-Finish (FF), Start-to-Start (SS) & Start-to-Finish (SF).

22
Q

Critical Path

A

The sequence of activities that represents the longest path through a project, which determines the shortest possible duration.

23
Q

Agile Release Planning

A

A process in which you determine the number of iterations of Sprints that are needed to complete each release, the features that each iteration will contain, and the target dates of each release.

24
Q

Benchmarking

A

The comparison of the actual or planned products, processes, and practices to those of comparable organizations to identify best practices, generate ideas for improvement, and provide a basis for measuring performance.

25
Q

Verify Deliverables

A

Verified deliverables is a project management term that is defined as the completed project deliverables that have been confirmed for accuracy and correctness using the Control Quality process.

26
Q

S.M.A.R.T. Objectives

A

SMART stands for Specific, Measurable, Attainable, Relevant, and Time-bound. The idea is that every project goal must adhere to the SMART criteria to be effective.

27
Q

Agile Life Cycles

A

A project life cycle that is iterative or incremental. Also referred to as change-driven or adaptive, they work well in environments with high levels of change and ongoing stakeholder involvement in a project.

28
Q

Incremental Life Cycle

A

An adaptive project life cycle in which the deliverable is produced through a series of iterations that successively add functionality within a predetermined time frame. The deliverable contains the necessary and sufficient capability to be considered complete only after the final iteration.

29
Q

Requirements Traceability Matrix

A

A grid that links product requirements from their origin to the deliverables that satisfy them.

30
Q

Product Backlog

A

A prioritized list of customer requirements and the first step of Scrum in which priority is based on the riskiness and business value of the user story.

31
Q

Affinity Diagram

A

A technique that allows large numbers of ideas to be classified into groups for review and analysis.

32
Q

Requirements Management Plan

A

A component of the project or program management plan that describes how requirements will be analyzed, documented, and managed.

33
Q

Work Breakdown Structure (WBS)

A

A hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables.

34
Q

Control Account

A

A management control point where scope, budget, actual cost, and schedule are integrated and compared to earned value for performance measurement.

35
Q

Code of Accounts

A

A numbering system used to uniquely identify each component of the WBS.

36
Q

User Story

A

A brief description of deliverable value for a specific user. It is a promise for a conversation to clarify details.

37
Q

Definition of Done

A

A checklist of required criteria for a deliverable to be considered ready for customer use.

38
Q

Rough Order of Magnitude (ROM)

A

Generally made early in the project. Developed without basis of detailed data and often based on high-level historical data, expert judgement, or a costing model. Accuracy: -25% to +75%.

39
Q

Parametric Estimating

A

An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters.

40
Q

Three-point Estimating

A

A technique used to estimate cost or duration by applying an average or weighted average of optimistic, pessimistic, and most likely estimates when there is uncertainty with the individual activity estimates.

41
Q

Velocity

A

Measurement of total output from an iteration to attempt to predict future iteration outputs.

42
Q

Estimate at Completion (EAC)

A

The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete.

43
Q

Burnup Chart

A

A graph to show the progress and gains made by the project team over time.

44
Q

Milestone Charts

A

A type of project schedule bar chart that only includes milestone or major deliverables as points in time.

45
Q

Critical Path Method (CPM)

A

CPM is a resource-utilization algorithm for scheduling a set of project activities.

46
Q

Cost of Quality (CoQ)

A

All costs incurred over the life of the product by investment in preventing nonconformance to requirements, appraisal of the product or service for conformance to requirements, and failure to meet requirements.

47
Q

Quality Audit

A

A structured, independent process to determine if project activities comply with organizational and project policies, processes, and procedures.

48
Q

Validate Deliverables

A

Validated deliverables have been completed and checked for correctness by the Perform Quality Control process.

Prompts for Keepers (6 decks)

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