PM cards 7th 20 Flashcards

1
Q

What is the primary output of the Initiating Process Group?

A

The Project Charter

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2
Q

What does the project charter contain?

A

Prject description, project approach, stakeholders, goals and objectives, problem statement, high-level deliverables, milestones, costs, assumptions, constraints and risks.

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3
Q

What is project scope?

A

It includes all the components that make up the product or service of the project and the results the project intends to produce.

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4
Q

To complete scope planning what 3 scope components must be completed?

A

The scope management plan, the scope statement and the work breakdown structure (WBS).

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5
Q

At what stage is the project scope completed?

A

The Planning Process Group

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6
Q

What is the scope management plan?

A

It documents how the project scope will be defined and verified and how scope will be monitored and controlled throughout the life of the project.

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7
Q

What is the scope statement?

A

It provides a common understanding of the project by documenting the project objectives and deliverables.

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8
Q

What is the work breakdown structure?

A

It breaks the project deliverables down into smaller components from which you can estimate task durations, assign resources, and estimate costs.

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9
Q

Who signs the project scope statement?

A

The key stakeholders

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10
Q

The _____________ describes how the project team will define project scope, verify the work of the project, and manage and control scope.

A

Scope Management Plan

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11
Q

What is scope creep?

A

The term commonly used to describe the changes and additions that seem to make their way onto the project to the point where you’re not managing the same project anymore.

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12
Q

When developing a scope management plan it is important to consider 3 key items. What are they?

A

Stability of the scope, Impact of scope changes, the scope change process.

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13
Q

Scope change processes at a minimum needs what components?

A

A change request form, an analysis of the impact, an approval process, a communications plan to keep stakeholders informed, and a method to incorporate approved changes.

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14
Q

The primary outputs of scope planning are what?

A

The scope management plan, the scope statement, and the work breakdown structure.

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15
Q

What is an agreement between the project and the project customer that states precisely what the work of the project will produce.

A

The project scope statement.

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16
Q

Success criteria is also known as?

A

Acceptance criteria.

17
Q

_______________ include the process and criteria you’ll use to determine that the deliverables are complete and satisfactorily meet expectations.

A

Success criteria

18
Q

What are KPIs?

A

Key Performance Indicators

19
Q

Deliverables and requirements are sometimes referred to as ____________.

A

Critical success factors.

20
Q

Critical success factors are those elements that must be completed __________ and __________ in order for the project to be considered complete.

A

accurately and on schedule

21
Q

Order of magnitude estimates are based on?

A

Actual duration and cost of similar projects or the expert judgement of someone familiar with the work or the project.

22
Q

Do assumptions needs to be documented and validated?

A

Yes.

23
Q

What is the final element that must be included in the project scope statement?

A

A constraints list.

24
Q

Once the scope statement is complete, the next step is what?

A

Present the scope statement to the stakeholders and have the project sponsor and stakeholders sign off.

25
Q

What is used as the basis for estimating activity duration, assigning resources to activities, estimating work effort, and creating a budget?

A

The work breakdown structure.

26
Q

The lowest level of any WBS is called ______________.

A

work package level

27
Q

What is a code of accounts?

A

Numeric identifiers that are assigned to the work package level of the work breakdown structure.

28
Q

What is the WBS Dictionary?

A

This is where the WBS levels and work component descriptions are documented.

29
Q

Scope planning uses the output of the _________ phase, the project charter, to create the _____________ and the scope management plan.

A

Initiating. Scope Statement.