No.4

Question 1

Project quality

Answer 1

Project quality is the ability of the project to satisfy the needs for which it was undertaken (includes the management of the project as well as the product of the project)

The ability of the project to define and implement the means by which it will create and verify products that are fit for purpose

Question 2

Quality assurance

Answer 2

Quality assurance is the prices of auditing the quality requirements and the results of quality control measurements to ensure appropriate quality standards and operational definitions are used

Question 3

Quality planning

Answer 3

Quality planning is the process of identifying quality requirements and or standard for the the project and product and documenting how the project will demonstrate compliance

Question 4

Quality control

Answer 4

Quality control is the process of monitoring and recording results of executing the quality activities to asses performance and recommend necessary changes

Question 5

Customer quality expectations

Answer 5

Statement about the quality expected from the project product, captures in the project product description - should cover

Key quality requirements
Standard and processes that need to be applied
Any measurements that may be useful to measure conformance to quality requirements

Question 6

Acceptance criteria

Answer 6

Acceptance criteria is a prioritised list of criteria had the project product must meet before the customer will accept it

Question 7

Project product description

Answer 7

Project product description is a special type of product description use to gain agreement from the user on the projects scope and requirements, to define the customer quality expectations and to define the acceptance criteria for the project

Question 8

Quality management structure

Answer 8

Quality management structure is a strategy defining the quality techniques and standards to be applied and the various responsibilities for achieving the required quality levels during a project

Question 9

Quality components

Answer 9

Quality criteria - what spec and measurements

Tolerances - what is acceptable level of quality

Quality methods - type of method used to verify the quality or functionality of the product

Quality skills required - indication of skills required to undertake the quality method

Quality responsibilities- defining producer, reviewer and approver of the product

Question 10

Quality register

Answer 10

A register containing summary details of all planned and completed quality activities

Question 11

Quality record

Answer 11

A quality record provides evidence that the planned activities have been carried out a

Question 12

Acceptance records

Answer 12

Acceptance describes the ultimate approval of the projects product by the customer of the project

Final acceptance typically takes place as project close out

Question 13

In process methods

Answer 13

Methods used to ensure that quality is build into the products as they are developed eg calibrated process controls, piloting, workshops, surveys

Question 14

Appraisal methods

Answer 14

Methods used to assess finished products or completeness and fitness for purpose.

Two types exist: 
Testing (objective measure)
Quality inspection (subjective measure)

Question 15

Risk

Answer 15

A risk is an uncertain event or set of events that, should it occur, will have an effect on the achievement of project objectives

Question 16

Risk management

Answer 16

Risk management is the systematic application of procedures to the tasks of identifying, assessing and controlling risks.

Question 17

Risk register

Answer 17

The risk Register provides a record of identified risks relating to the project, including their status and history

Question 18

Typical actions of identifying risks

Answer 18

Capture identifying threats and opportunities (risk register)

Prepare early warning indicators

Understand stakeholders view on the specific risks captured

Question 19

Risk breakdown structure

Answer 19

Technical
External
Organisational
Project management

Question 20

Assessing risks estimate part

Answer 20

Estimate:

To assess threats and opportunities

To asses how fast the risk is likely to materialise (proximity)

To asses how the impact of threats and opportunities change over life of project

Question 21

Assessing risks: evaluate

Answer 21

Assess net effect of all threats and opportunities

Determine whether overall project risk is within risk tolerance

Risk models and expected monetary value creations

Question 22

Threat and opportunity response

Answer 22

Reduce (probability and impact)
Fallback (reduce impact only)
Transfer (reduces impact only and often only the financial impact)

Opportunity

Enhance

Question 23

Risk owner and risk actions

Answer 23

Risk owner: individual who is responsible for the management, monitoring and control of all aspects of the particular risk assigned to them

Risk actionee: individual assigned to carry o jt a risk response action to respond a particular risk or set of risks

Question 24

Body of knowledge

Answer 24

A body of knowledge covers the broad spectrum of project management topics, competencies and techniques that project managers may need to know, apply and be competent in

The three are:
Association for project management
Project man agent institute
International project management association

Question 25

Project management methodology

Answer 25

A project management Methodology is a system of practices, techniques, procedures and rules used by those who work with projects to ensure that projects are successfully planned and delivered

Question 26

Prince 2 principle

Answer 26

Continued business justification
Learn from experience
Defined roles and responsibilities
Manage by exception

Question 27

Prince 2 themes in

Answer 27

The themes describes aspects of project management that must be addressed on a continuous basis