PMP Flashcards
What is a project
A temporary endeavour with a clear beginning and end that produces a unique product, service, or result
Can a project be part of a program?
Yes, a project can be part of a program but a program does not have to be part of a project
What is project management?
Using your skills, tools, knowledge, and techniques to complete requirements of a project
What is program management
A group of interrelated projects that benefits from being management together rather than individually. A program manager reviews whole project, but a project manager is assigned to each project
What is a portfolio
A group of project, programs, sub portoflios, and operations that are manages together to meet the overall objectives of a orgranization
What are operations
Ongoing tasks that focus on the acquisition, development, of resources that are need to deliver goods and services
What questions do you ask related to the value of projects
Why should we do this project
What do projects enable?
They enable change, moving from the present state to the desired state
What is another word for Phase Gate?
Phase Review
What is a Phase Gate?
Reviewing the phase to determine if they should move on to the next phase
What is a kick off meeting
Meeting done at the end of planning to kick off the project. Can also be at the start of the next phase
What is a phase
A collection of related ACTIVITIES that make a deliverable
What does the number of phases depend on?
The complexity, size, and industry of a project
What is a deliverable?
A unique product, service, or result. Must be accepted by the customer. Can be tangible or intangible
Who develops phases?
PM
Draw phases
-
Draw a program
-
What is a project lifecycle
Beginning to end of the PHASES, in a CHART representation
Draw a portfolio
-
What are the types of life cycles?
Traditional, adaptive, hybrid
What is project governance
A FRAMEWORK within a project that sets the RULES and steps for DECISIONS
What are 3 pillars of governance
People, information, structure
What are stakeholders
Individuals, groups or organizations that a may affect or be affected by the project (positively or negatively)
Who provides resources or funding
Project sponser or customer
Who is the project owner
Someone who sees the project vision and manages the backlog
What is a functional manager
A manager of a department that has control over resources
What skills does the PM have
Initiator, negotiator, listener, coach, working member, facilitator
What is a milestone
A significant event or achievement that marks a key point or complaetionnthat has 0 duration
What are the levels of project roles
PM, Project coordinator, project expeditor
What is a PMO
Project management office
What is a project management office
A structure that standardizes processes and facilitates that share of resources, tools, and techniques
What are the types of PMOs
Supportive, controlling (method and framework) and directive
Who are often the project bosses?
PM and sponser
What are the organizational structure
Function organization, Matrix organization, Project oriented organization, hybrid
What is another word for project oriented organization
projectized
What are the levels of a matrix organization
weak, balanced, strong
What are project constraints
cost, schedule, scope, quality, and resources
Another word for adaptive
Agile
Another word for traditional
waterfall or predictive
What is a product manager
Manages product, knows the market, oversee product life cycle
What is a risk
A POTENTIAL(perceived, uncertain) event that might happen in the FUTURE
What is a issue
A problem or issue that is negative and has already happened
What is an assumption
Statement or believe considered to be true for the sake of decition making and planning
What is the document for ethics PMI
PMI code of ethics and professional conduct
What is the PMI code of ethics and professional conduct?
Reflects morals and expectations
What is PMIs 4 values
responsibilty, respect, fairness and honesty
What does stewardship include
internal and external responsibilites, care, compatibility, integraty, trustworthiness
PM Performance domain:
Work in unison and integrated system for effective delivery
stakeholder engagement domain: stages of dealing with stakeholders
identify stakeholders, understand their needs, know their wants, prioitize requests, engage, monitor requests and maker sure they are filled
What is happening if the stakeholder is constantly making change requests
the plan and their vision dont align
Where do you find the risks assigned to each stakeholder?
Risk register
Team performance domain includes
shared ownerships, high performance, appropiate leadership
Types of leadership
Centralized and deceminated
What does the servant leadership do
Empowers team, remove obstacles, knows the needs of the team
What is shared ownership
the team knows the VISION and OBJECTIVE
What is delivery cadence
when you plan the FREQUENCY and TIME of a deliverable release
What does a high performing team entail
resilant and adaptable, empowered,and collaborative/trusts each other
What is a KPI
key performance indicator
What are the types of KPIs
leading indicator and lagging indicator
what does SMART stand for
specific, measurable, achievable, relevant, timely
What is hawthorne effect
people work differently/hard when they are watched, difficult to replicate the times that have recorded
What is a vanity metric
A stat that makes them look good without futher context
What is being domaralized
When a team is demoralized they cant meet a metric
Misusing metric
untruthful
How do you handle uncertainty
gather info, be prepared for multiple outcomes, be resilient
What is an ITTO
Input, tools and texhniques, outcome
What is a process
ITTOs
What is a input
raw materials
what are tools and techniques
the ACTIONS to change the raw materials to outputs
what are outputs
end results
What are the process groups
intiating, planning, executing, monitor and controlling, close
When do you do monitor and controlling
throughout all process groups
Draw the process groups
-
How many ittos are there
660+
How many processes are there
49
What are common inputs
EEF, OPA
What does EEF stand for
Enterprise Environmental Factor
What does OPA stand for
organization process asset
What is an eef
anything that isnt a doc, related to culture, internal and external
What is opa
document, template, lessons learned that can be stored in a centralized repository
What are project docs
Documents that are used throughout the processes but are not part of the project management placess
How many components are there of a PMP
18
How many baselines are there of a PMP
4
How many plans are part of a PMP
14
What is SME
subject matter expert
What is a subject matter expert
someone with specialized knowledge
What is data representation
data being shown in charts and graphs for decision making
How to make decisions
voting, autocratic, multicriteria decision analysis with a matrix
What does PMIS stand for
project management information system
What is a PMIS
an automated system for tracking, it includes hardware and softwares, it include a configuration management systems, and work authorization systems
What is work performance data
raw data, shared the status of a deliverable before the analysis
What is work performance information
taking data and comparing it to baseline to give status of deliverable
what is a work performance report
overall status report
What do you do with gifts and donations
do not accept unless customary to that country
Who do you tell about conflicts of interest
Higher management
What if company B is asking about information from company A
you need to get permission to release it
who do you report any issues against PMI
To PMI
What was agile orginally built for?
software
What is agile an umbrella term for?
Iterative projects
What is the most used agile method
scrum
What are the agile methods
scrum, kanban, xp, lean
what does xp stand for
extreme programming
what is the acronym for extreme programming
xp
when do you plan in an agile project
throughout
when do you pay for an agile project
throughout, incrementally
when do you receive value in an agile project
through, but most value in the beginning
What are agiles values called
agile declaration on interdependance
What do they encourage with testing in agile
fail fast and early and often
What is the inverted triangle
that traditional cant adjust scope and agile cant adjust time and money
What are the agile manifesto
the values of agile
List the agile manifesto
Individuals and interactions over process and tools, working software over documents, customer collaboration over, contact negotiation, change over plan
What is the shared definition of done
When the CUSTOMER and TEAM have a shared definition of done. We need this because the scope is always changing. Need to decide when to be done,
In agile, how do you satisfy the customer
The early and continuous delivery of deliverables
In agile, what do you build projects around?
Motivated people
What is the best way to converse in agile?
face to face, low tech high touch
In agile, what is the primary measure of success
working software (likely accepting deliverable as well)
What is promoting sustainable development/
you want there to be consistent qualtiy deveopment per sprint, you want to give them a realastic work load
how many agile manifesto values are there
4
Does agile like complex or simple things
simple
What are the core concepts of a agile team
self organizing and self directing
How man agile principals are there
12
Who is the product owner
represents the customer, works the backlog to prioritize to represent the vision, determines acceptance criteria, attends planning, review and retro spective meetings, determines release date
Who manages a agile project
Agile PM or Scrum Master
What is a product backlog
a list of requirements requested by stakeholders
What is a sprint planning meeting
a meeting with the TEAM to plan what working on in the next sprint
What is a sprint backlog
a list of requirements you will be working on in the next sprint
how long is an agile sprint
1-4 weeks
how long should a daily standup meeting be
15 min
what is a sprint review meeting
a meeting with the customer where you inspect what was done during the sprint
what is retrospective meeting
a meeting with the TEAM to talk about what went wrong, what went right, and lessons learned
WHat is a partially completed product
a partially completed product is given to customers to demo and give feedback
What is a release in the agile process
it takes multiple iterations to get a release, it determines if the product is shippable
What is the term for determine how much work someone can do in a sprint
team velocity
Can a customer add more requirements during the sprint review meeting
yes
Can a customer add more requirements during a sprint
no
What is a agile project considered done
When a project runs ou of time and/or money
How many iterations on average does it take for a product to be shippable
3
What questions are asked during a daily stand up meeting
What did you do yesterday, what will you do today, are there any blockers?
what is the most popular agile framework
scrum
what are the 3 pillars of scrum
transparency, adaptability, inspection
who decides the acceptance criteria in a agile project
product owner
who decides when a product is released in agile
product owner
who prioitizes the backlog in agile
product owner
who gives the requirements for a agile project
product owner
what meetings does the product owner attend
gather requirements/planning, sprint review, retrospective
what does a scrum master do
protects the team from external interruption and enhances productivity, assisting the product ownerq
what are the characteristics of a daily standup meeting
15 mins, same time and place, 3 questions
how long is a sprint review meeting
1 hr
how long is a retrospective meeting
2 hr
what should you ask about during a spring retospective meeting
what went well, what went bad, what should we do more of, what should we do less of
What are scrum artifiacts
spring backlog, product backlog, deliverable
What is grooming the backlogq
reviewing and repriotitizing the backlog, especificall if things are added, removed, or complete
who defines the definition of done
probably product owner, but the product owner and team def need to agree oni t
who determines what is on the sprint backlog
team
What needs to be highly visible on a agile project
sprint backlog (information radiators)
what does DOD stand for
definition of done
When should the definition of done be defined
beginning of project
What is an example of the definition of done
passes X test, meets X benchmark
what is XP
extreme programming
what is the acronyms for extreme programming
XP
what does extreme programming focus on
software
what are the core values of XP
simplicity, communication, feedback, courage, respect
who is responsible on a scrum project
the whole team
what are the frameworks of agile
scrum, xp, lean, kanban
what framework has a coach and customer in agile
xp
what famwork has a program and testers
xp
what is another work for product owner
customer (not sure how true this is based on the exam mock)
what is another word for coach
scrum master
what is another word for scrum master
coach
what do testers do on an agile project
works with customer to define what test needs to be done to say the project is done
what is release planning
the plan to push product all the way to production
what is iteration planning
a sprint plan
how long is a iteration
1-2 weeks in xp
what is another word for sprint
iteration is xp
what agile frame is release planning and iteration planning part of
xp
what agile framework uses small releases
xp
what is a small release
xp usues small release to release small components of a project. the customer can use it and also give feedback to improve quality, it can also be released to a testing environment
what are customer tests in agile
tests that the customer decides will show the software is working
what is collective code ownership
when multiple people own and work on the code. this increases the chance of catching errors and improve quality
what are code standards
what there is a standed to coding to look like one person is working on it
what is it called to have coding written in a way that it looks like one person wrote it
code standards
what is it called to have multiple people working and owning a code
code ownership
what are metaphors used for in agile
programmers used them for lay people to understand
what is continuous integration
continuously bringing your whole code together to make sure it works
what is it called to continuously bringing your whole code together to make sure it works
code integration
what is tdd
test drive development
what is it called to making a test prior to developing a product
test driven development
what is test drive development
making a test prior to developing a product
what is pair programming
is code written by 2 people as a pair
code should always be…
simple
what can a simple design code do
be testable, understandable, browsable, explainable
what code should be testable, browsable, explainable, and understandable
simple design code
what is refactoring
in agile when you make a process in the plan to make sure the code is clean
what is the process called that makes sure the code is clean
refactoring
what is the XP word for scrum
iteration
what is the xp work for scrum master
coach
what is the xp word for retrospective
reflection
what is the xp word for release
small release
what is the xp word for sprint planning
planning game
what is the xp word for development team
team
what is the xp work for daily scrum
daily standup
what is the scrum word for daily standup
daily scrum
what is the scrum work for coach
scrum master
what is the scrum word for customer
product owner
what is the scrum work for reflection
retrospective
what is the scrum word for iteration
sprint
what is the scrum work for planning game
sprint pllanning
what is the scrum word for daily standup
daily scrum
who started lean
toyota
what are lean principles
eliminate waste,empower team, deliver quick, optimize whole, build quality, defer decisions, amplify learn
what are the seven wastes of lean
partially done work, extra processes, extra features, waiting, motion, defects, task switching
what is task switching
having one person on multiple projects, you want one person per project
what type of note does kanban use
sticky note
what system does kanban use
pull system and linear system
what does kanban mean
signboard
what are the columns of a kanban board
items, in progress, testing, done
when using kanban how many sticky notes can be in progress
6
when using kanban how many sticky notes can be in testing
4
what is kanban known for
limit work in progress
what does a linear system mean
that one person is working on one item, and when it is done it gets passes on to another person
what are kanban principles
visualize workflow, limit work in progress, manage flow, improve collaboration, make policies explict
what law is related to limit work in progress
little’s laww
what is wip
work in progress
what is littles law
helps you understand how long it will take a task to complete once its already started/ in que by looking at the cycle time
what is the equation for littles law
cycle = unfinished work (units)/ finished work (time)
draw a picture of a littes law chart
-
should the ceo be a manager or leader
leader
what does a servant leadeship do
remove interruptions, remove imediment, share vision, know needs of team
what is modeled desired behaviour
a leadership tactic. show the behaviour you want to see from your team
what characteristic do you want to see out of your leader
honesty
when do you deliver value in agile
early and often, prioritize these features on th elog
what do you do if a feature is high risk in agil
put them as the first features
how do you satisfy customers in agile
know their needs, keep them engaged, and get them confident in the team
how do you maximize value
reduce waster
What is does ROI stand for
return on investment
What is an ROI
the return on investment is a PERCENTAGE that shows how much money you madce/benefits from the money invested (profit). ROI of 20% is that you got all the money you put in back plus a profit of 20%
What does IRR stand for
Internal Rate of Return
what is a IRR
an internal rate of return is an interest rate, the higher the interest rate, the more money you get back in the future, it also consideres the NPV
what is a NPV
a net present value is thinking abou the value of you money now and how much it will be worth in the future due to inflation
what does NPV stand for
net present value
when should you consider regulatory compliance
beginning of projectw
what is regulatory compliance
mandated requirements set by government
what can risk pose a threat to
value
what causes anti value
risks
how do you manage risks is agile
risk burndown chart, risk adjusted backlog,
what do customers prioritize risk on
value, risk, and dependeices
what priortization methods are used with customers to prioritize requirements
simple scheme,100 point method, monopoly, dot voting, MosCoW, Kano Anlysis
What is a simple scheme
a method used to prioritize things, list from 1,2,3
what is 100 point method
a method used to priotitize things based on giving points
what monoploy
a method used to prioritize features based on monopoly money
what is MosCow
a method used to prioritize features, Must have, should have, could have, would like to have
what is dot voting
a way to prioitize featuers by using dots
what is kano analysis
measures customers satisfaction with features: must be (basic features), performance, attractive (highest)
what is important to do before delivering a product
sending it to go get tested