Obj 1 Part 2

Question 1

Project Charter

Answer 1

*issued by project sponsor
*authorizes project initiation
*details objectives, high level requirements and project purpose
*Collab activity

Question 2

Sponsor

Answer 2

Role in a project is to pay for project and sign project chartera

Question 3

Stakeholder

Answer 3

group/organization/individual who may or may not be affected by a decision, activity or outcome of a project

Question 4

Internal StakeHolders

Answer 4

sponsor, PMO, team members, project manager, other managerE

Question 5

External Stakeholders

Answer 5

End users, customer, suppliers, shareholders, competitors

Question 6

RACI

Answer 6

Responsible - the person doing the work (solo role)
Accountable - who approves the work
Consulted - who provides input (multi)
Informed - who needs to be tracking the work (multi people)

Question 7

Project management plan

Answer 7

defines how the project is executed, controlled, monitored and closed

Question 8

Product Scope

Answer 8

specific features & functions of the product

Question 9

Project Scope

Answer 9

work performed to deliver the product with specific features & functions

Question 10

Requirement Gathering

Answer 10

-requirements come from stakeholders
-tracked in traceability matrix
-done with surveys & interviews

Question 11

Scope Baseline

Answer 11

major deliverables listed
exclusions
WBS
WBS dictionary

Question 12

Product Backlog

Answer 12

priority list of req. product functionality
central view of what needs to be done and in what order

Question 13

WBS

Answer 13

Work Breakdown Structure
-provides framework of deliverables
-communication tool
-transparency & accountability
-used for tracking projects

Question 14

Triple Contraint

Answer 14

Cost, Scope and Time
affect product quality

Question 15

Cheap + Quick

Answer 15

minimum features
Agile MVP (minimum viable product)

Question 16

Cheap + fully functional

Answer 16

time prolonged

Question 17

Scope Creep

Answer 17

uncontrolled expansion to product/project scope without adjustments to time, cost, resources

Question 18

Change Request Steps

Answer 18

1. Create Change Request
2. Log request
3. Preliminary review
4. Impact
5. Document Recommendation
6. Decisions Makers determined
7. CCB
8. Document Status
9. Update plan
10. Implement Change
11. Validate change
12. Communicate change deployment

Question 19

Change Request

Answer 19

submitted by anyone involved in project
justification in writing

Question 20

Log request

Answer 20

most likely a spreadsheet
logging requested changes

Question 21

Preliminary Review

Answer 21

-talk with SME on if the changes is doable and necessary
-what is the significance?

Question 22

impact

Answer 22

-What else will be affected?
-Regression plan?
-Benefits?

Question 23

Document Recommendation

Answer 23

record findings, answering Q’s from impact

Question 24

Decision Makers

Answer 24

who approving what?

Question 25

CCB

Answer 25

Change control board
power to approve or deny requests
reviews all documents

Question 26

Document Status

Answer 26

If denied, STOP HERE
If approved: Update plan, implement change, validate change, communicate change deployment

Question 27

Estimating Activity Techniques

Answer 27

Analogous - use historical data
Parametric - statistical
Three point - uses optimistic, pessimistic, & most likely values
Bottom up - every single component is estimated than totaled