Module 6: Life Cycles, Developmental Approaches and Common Elements Flashcards
What are the stages of a project lifecycle?
Ideation/Feasibility
Planning
Design
Build (execute and monitor and control)
Closing
Which project artifacts are created during ideation?
Business case and charter
Defn: Project Phase
a collection of logically related project activities that culminates into the completion of deliverables.
Defn: Phase gate
point of deciding if a project should move forward
There can be ___ projects in a product lifecycle?
Many
Project phases are ____ & ____
sequential and logical
Defn: Project governance
The framework, functions and processes that guide project management activities to create a unique product or service to meet an orgs needs and goals.
Who determines project governance?
The organization, project sponsor and steering committee.
___ can influence project leadership style.
Organization structure
Orgs typically assign projects in one of three ways (org structures) They are:
Functional (PM division, PM in charge)
Projectized (Project teams, PMs not in charge)
Matrix (combines the two)
What is the difference between a strong and weak matrix org structure?
Strong = PMs have more power
Weak = Power leans towards functional manager
What are the 4 types of Project Management Offices (PMO’s)? What is the general idea of each?
Supportive - consultative role
Controlling - Provide support and require standards to be met
Directing - Directly manage projects and share resources
Agile Center of Excellence - Training and mentoring.
Defn: Organizational Process Assets (OPA’s)
Comprise the project knowledge base and library of information
Defn: Enterprise Environmental Factors (EEF’s)
Factors that are outside the control of the team and affect the project. Factors can be internal and external.
Defn: Developmental Approach
Method used to create and evolve a product/service/result during the PLC. Can demonstrate specific characteristics such as being iterative or incremental.
What is the importance of using developmental approach?
- Adds value
- Is responsive.
- Can help generalize a project into predictive, hybrid or agile.
Predictive Lifecycles have ____
clear stages
Agile Lifecycles will ____
be iterative and loop on itself.
Defn: Project performance domain
A group of related activities that are critical for the effective delivery of project outcomes.
What are the 8 project performance domains?
Stakeholders
Team
Dev Appr / Lifecycle
Planning
Project Work
Delivery
Measurement
Uncertainty
Defn: Fixed scope
Details are known and work is ready to begin
Defn: Flexible scope
The team understands what needs to be built, but still considering the finer details.
What tools should PMs use to create schedules in a predictive lifecycle?
Critical path method and work breakdown structure.
What are the 6 key stages of scheduling in a agile lifecycle?
Roadmapping
Story mapping
Backlog
Sprints
Feedback loops
Repetition
Adaptive lifecycles use which two budgeting tactics?
Burn rate and just in time budgeting
What are two useful tools PMs should use to for scheduling resources in a predictive lifecycle?
RACI and Responsibility Matrix.
Defn: Quality
Degree to which a set of inherent characteristics fulfills reqs. Must have a standard.
What are the two tools PMs should use to determine the cost of quality (COQ)?
Cost of compliance (standards)
Cost of noncompliance (defects)
Defn: Compliance
The degree to which something does or does not meet a standard
The ____ lifecycle uses quality management plans. The ___ lifecycle uses quality methods.
Predictive, agile
T/F: Quality is relative
True
Defn: Change
A modification to any formally controlled deliverable, project management plan component or project document.
Defn: Constraints
Project boundaries or limits variables, such as time, cost or scope.
Defn: Risk
Uncertain events or conditions that has negative (threat) or positive (opportunity) effects on project objectives.
What type of risk is this:
Any business endeavor that involves profit/loss.
Inherent
What is:
Degree of uncertainty an organization is willing to accept
Risk appetite
What is:
Level of risk exposure. Risks above this line are addressed and those below may be accepted.
Risk Threshold
What is:
An event/situation that indicates a risk is about to occur.
Trigger condition
Defn: assumptions
Factors in the planning process that are true, real or certain w/o proof or demonstration.
Defn: Issue
risks that have occurred.
What are the two main communication blockers?
Filters and barriers
What are the 4 communication methods?
Formal Written
Informal Written
Formal Verbal
Informal Verbal
Communication can either be ____ or ____
push, pull
Communication should answer what?
Who, What, When, Why and How
What are the 3 processes related to communication management?
Plan, Manage and monitor all plans.
