PMP General Flashcards
PMP General Information
What are the 3 main constraints of a project?
Time, Money, and Scope
What does PERT stand for?
Program Evaluation and Review Technique
What is PERT?
The longest series of interdependent project activities form a critical path. Used in the Critical Path Method.
PRINCE2)
(Projects in Controlled Environments) This model is based on the Waterfall approach and is governed by six aspects, seven principles, seven themes, and seven processes
Critical Chain Project Management
Based on the Critical Path Method. Places greater emphasis on resources, such as team members, tools, and software
Agile
In an Agile project management model, a project is carried out in iterations using sprints
Scrum
Ideally suited for Agile projects. Built to work in sprints, making it agile and adaptable. Scrum has clearly defined Scrum roles.
A Scrum master
A Scrum product owner
A Scrum team
Six Sigma method
A set of tools and techniques used for process improvement. Refers to the original goal of having an extremely low rate of product defects.
Lean
Lean means delivering value while minimizing waste
Kanban
Real-time communication about capacity and complete transparency related to work. A Japanese word that means “visual board.” Work assignments are visually represented on a board.
What are the PM phases?
Initiation
Planning
Execution
Monitor and Control
Closing
Predictive Approach
Characteristic: Lower scope and delivery frequency
3 steps: Planning, Implementing,
Closing
Incremental Approach
Successive Elements
Developed in Increments
Earlier Modifications
Iterative Approach
Frequent Deliverables
ongoing improvements
4 Steps: Define, Measure, Analyze, Implement
Agile Approach
Used when there are multiple project deliverables and many changes
4Steps: Defines user stories, Sprints, Review, Retrospect
Stacey’s Matrix
A tool for representing and managing complexity in projects
Requirement uncertainty- level of agreement between stakeholders
Technical degree of uncertainty- Tech required to implement the project
What is a PMO?
Project Management Office
Supports Project Managers at a strategic level.
Benefits of a PMO
Standardizes Processes
Facilitates Distribution
Improves Project Management
What does a PMO do?
Identifies efficiencies
Provides support
Standardizes
Allocates resources
What are the types of PMOs?
Supporting- Low lvl control, but distributes information.
Controlling- Decision making capabilities, but not absolute control. Reviews PM’s work.
Directive- High degree of control. Manages all resources.
