PMP_Process_Domain_Brainscape Flashcards
What is the most important output of Direct and Manage Project Work?
Deliverables
What process formally accepts the completed project or phase?
Close Project or Phase
What is the key output of Monitor & Control Project Work?
Work Performance Reports
What’s the difference between Manage Project Knowledge and Monitor & Control Project Work?
- Manage Project Knowledge focuses on capturing and sharing lessons learned.
- Monitor & Control Project Work ensures project performance aligns with the plan.
What is the key output of Validate Scope?
Accepted Deliverables
What process creates the Work Breakdown Structure (WBS)?
Create WBS
What’s the difference between Validate Scope and Control Quality?
- Validate Scope: Stakeholder acceptance.
- Control Quality: Internal quality assurance.
What is the key output of Develop Schedule?
Project Schedule
What are the four types of dependencies in scheduling?
- Finish-to-Start (FS) – Most common
- Start-to-Start (SS)
- Finish-to-Finish (FF)
- Start-to-Finish (SF) – Rare
What’s the key difference between Critical Path and Critical Chain?
- Critical Path: Uses task durations & dependencies.
- Critical Chain: Adds resource buffers to account for constraints.
What is the key output of Determine Budget?
Cost Baseline
What are the three types of cost estimates?
- Rough Order of Magnitude (ROM): -50% to +50%
- Definitive Estimate: -5% to +10%
- Budget Estimate: -10% to +25%
What’s the key formula for Earned Value Management (EVM)?
EV = % Complete × Budget at Completion (BAC)
What are the three processes of Quality Management?
- Plan Quality Management – Define quality standards
- Manage Quality – Audit & process improvements
- Control Quality – Inspect deliverables
What is the difference between Prevention Costs and Appraisal Costs?
- Prevention Costs – Avoid defects (e.g., training)
- Appraisal Costs – Detect defects (e.g., testing)
What is the difference between Internal and External Failure Costs?
- Internal Failure Costs – Before delivery (e.g., rework)
- External Failure Costs – After delivery (e.g., warranty claims)
What are the key outputs of Develop Team?
Team Performance Assessments
What’s the difference between RACI and RAM?
- RACI – Roles & Responsibilities matrix (Responsible, Accountable, Consulted, Informed)
- RAM – Assigns resources to project activities
What process resolves resource shortages and conflicts?
Acquire Resources
What’s the formula for communication channels?
n(n-1) / 2
What is the key output of Plan Communications Management?
Communications Management Plan
What is the difference between Push, Pull, and Interactive communication?
- Push: Emails, reports
- Pull: Intranet, shared drives
- Interactive: Meetings, calls
What is the most important output of Perform Qualitative Risk Analysis?
Risk Register Updates
What is the key output of Perform Quantitative Risk Analysis?
Project Risk Report
What are the four types of risk responses for negative risks (threats)?
- Avoid – Eliminate risk
- Mitigate – Reduce impact
- Transfer – Insurance or outsourcing
- Accept – Do nothing
What are the four types of risk responses for positive risks (opportunities)?
- Exploit – Maximize benefits
- Enhance – Improve likelihood
- Share – Partner with another party
- Accept – Take advantage if it happens
What are the three main types of contracts?
- Fixed-Price (FP) – Best for predictable work
- Cost-Reimbursable (CR) – Good for R&D projects
- Time & Materials (T&M) – Hourly or unit-based contracts
What’s the key output of Conduct Procurements?
Signed Contracts
What’s the biggest difference between Fixed-Price and Time & Materials contracts?
- Fixed-Price: More risk on seller
- T&M: More risk on buyer
What are the key outputs of Identify Stakeholders?
Stakeholder Register
What are the four types of stakeholders based on power and interest?
- High Power, High Interest – Manage closely
- High Power, Low Interest – Keep satisfied
- Low Power, High Interest – Keep informed
- Low Power, Low Interest – Monitor
