PMP general Flashcards
Free float
Amount of time an activity can be delayed without delaying next activity’s start date
Total float
Amount of time an activity can be delayed without delaying project end date
Quality facts - What does attribute sampling show?
If results conform to rqmts or not
Quality facts - What does variable sampling show?
The degree of conformity
Herzberg’s Theory of Motivation
Hygiene agents and motivating agents. Motivating agents are motivators for employees such as bonuses, promos.
McGregor’s X & Y
Mgmt’s perspective of employees. X ppl are bad; Y ppl are self-directed. Most mgrs have x and y attributes
McClelland’s Theory of Needs
Needs are acquired over time. Our needs are categorized as achievement, affiliation, and power.
Vroom’s expectancy theory
Ppl behave based on what they believe/expect their behavior to bring them
What are 5 different types of manager powers?
Expert, reward, formal, coercive, referent
What are 8 risk responses
- Escalate
- Avoid
- Mitigate
- Accept
- Transfer
- Enhance
- Exploit
- Share - a positive risk that can be shared with the org or other projects
Contingency reserve vs mgmt reserve?
The contingency reserve is used to manage identified risks, while the management reserve is used for unidentified risks.
Secondary risks
When a risk response causes another risk
Pure risk
Risk that only offers negative impact e.g. injury, fire, theft, etc
Utility function
An org’s willingness to accept risk, relative to project priority as high priority projects are typically risk adverse
How many project management processes are there?
49
