PMP_Process_Domain_Additional_Brainscape Flashcards
What are the three types of project life cycles?
- Predictive (Waterfall)
- Iterative/Incremental
- Adaptive (Agile)
What is the key output of Develop Project Charter?
Project Charter
What is the main purpose of a Project Charter?
Authorizes the project and gives the project manager formal authority.
What are Organizational Process Assets (OPA)?
Internal policies, procedures, templates, and historical data that influence project execution.
What are Enterprise Environmental Factors (EEF)?
External conditions like laws, culture, and industry standards that impact the project.
What is Rolling Wave Planning?
Progressive elaboration technique where details are planned as work progresses.
What are the three types of reserves in cost and schedule management?
- Contingency Reserve (Known risks)
- Management Reserve (Unknown risks)
- Schedule Reserve (Time buffer)
What is the key output of Control Costs?
Work Performance Information, Cost Forecasts
What is the key formula for Cost Variance (CV) in Earned Value Management?
CV = EV - AC
What is the key formula for Schedule Variance (SV) in Earned Value Management?
SV = EV - PV
What is the key formula for Cost Performance Index (CPI)?
CPI = EV / AC
What is the key formula for Schedule Performance Index (SPI)?
SPI = EV / PV
What does CPI > 1 indicate?
Project is under budget.
What does SPI < 1 indicate?
Project is behind schedule.
What are the five conflict resolution techniques?
- Withdraw/Avoid
- Smooth/Accommodate
- Compromise/Reconcile
- Force/Direct
- Collaborate/Problem-Solve
What are the five stages of Tuckman’s Team Development Model?
- Forming
- Storming
- Norming
- Performing
- Adjourning
What is the key output of Control Resources?
Work Performance Information, Change Requests
What is the primary tool for decision-making in Procurement?
Make-or-Buy Analysis
What is the key output of Control Procurements?
Closed Procurements
What are the two types of procurement documents?
- Request for Proposal (RFP)
- Invitation for Bid (IFB)
What are the four types of probability & impact matrices?
- Low Probability / Low Impact
- Low Probability / High Impact
- High Probability / Low Impact
- High Probability / High Impact
What is Risk Appetite?
The degree of uncertainty an organization is willing to take on.
What is Risk Tolerance?
The measurable amount of risk an organization can withstand.
What is a Probability and Impact Matrix used for?
Prioritizing risks based on likelihood and consequence.
What is a Stakeholder Engagement Matrix?
Classifies stakeholders by their level of engagement: Unaware, Resistant, Neutral, Supportive, Leading.
What is the primary tool for engaging stakeholders?
Stakeholder Engagement Plan
What are the four primary project baselines?
- Scope Baseline
- Schedule Baseline
- Cost Baseline
- Performance Measurement Baseline
What is Change Control used for?
Ensures all project changes are properly reviewed and approved before implementation.
What is a Work Authorization System?
A system that ensures work is only performed when authorized.
What is a Lessons Learned Register?
A document capturing project insights for future reference.
