PPT. Notes - Components Flashcards
A project management process component performed to formally complete or finish the project, phase, or contract. When the project comes to an end.
Closing
A Collect Requirements Process Component - A method of obtaining early feedback on requirements by providing a working model of the expected product before building it.
Prototypes/Prototyping
A communications management plan component that sets key messages that you will communicate to your stakeholders. This means setting a key message for each stakeholder that is aligned with your role.
Key Messages
Economic Term - The cost that is given up when selecting another project
Opportunity Cost
One of eight commonly used Agile Metric -
The sum of completed activities
Throughput
A project management process required to track, review, and regulate the project and performance of the project management plan; identify any areas in which changes to the plan are required; and initiate the corresponding changes.
Monitoring & Controlling
One of five phases in the Agile Proj. Mgmt. Framework -
Teams know that changes are likely to occur, and they are ready for them. By receiving continuous feedback from customers, the team can adapt accordingly and ensure that the product they deliver really produces the optimal value for end-users.
Adapt
Instructional Page Project Control Metric - The expected total cost of completing all work expressed as the sum of the actual cost to date and estimate to complete
Estimate at Completion
Special Metric used in Scrum -
This is a way of measuring how much work a certain team can complete within one sprint.
Velocity
A project management process component performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase.
Initiation/Initiating
A Dependency Link - Tasks B can’t finish until Task A has started
Start to Finish
Tool used in the Estimate Activity Resource Process - Because it may prove difficult to estimate complex activities, it makes sense to break activities down into smaller chunks of work so that they may be estimated and summed up from the bottom level.
Bottom-Up Estimating
A communications management plan component that outlines the main communication methods and different channels you will be using to contact stakeholders, such as email, phone calls, in-person meetings, video meetings, social media communications, etc.
Communication Methods
A Collect Requirements Process Component - Consists of reviewing and assessing any relevant information. Used to elicit requirements by analyzing existing documentation and identifying information relevant to the requirements.
Document Analysis
One of Two metrics used in Kanban -
The time it takes a task to be completed, from the time it is given to a team until the time it is fully completed. - To measure this, you not note: When an activity is prioritized and when an activity is done. - Often very different for every project, even for the same type of work.
Lead Time
One of five phases in the Agile Proj. Mgmt. Framework -
At this stage, you create a list of the product features. You break down the features and group them so you can derive a release plan and the milestones you will work to achieve. You should also analyze which tasks are more critical than other tasks of the project, and you decide how to maintain the quality of the deliverables.
Speculate
Tool used in the Estimate Activity Resource Process - When considering the resource requirements for each activity, it may be helpful to consider alternative ways of carrying out the work as well as the resources needed to do so.
Alternative Analysis
Activity Terminology - A distinct, scheduled portion of work performed during the course of a project.
Activity
A project management process performed to complete the work defined in the project management plan to satisfy the project requirements.
Executing
One of Two metrics used in Kanban - Measures how long it takes your team to directly deliver the tasks given to them. Starts from the point where the project team begins work on the tasks of a project.
Cycle Time
Schedule Path Terminology - The sequence of activities that represents the longest path through a project, which determines the shortest possible solution
Critical Path
A Collect Requirements Process Component - Provides a direct way of viewing individuals in their environment and how they perform their jobs or tasks and carry out processes. Also known as “job shadowing,” it is usually done externally by an observer viewing a business expert performing a job.
Observations
When a Dependency is not just a Dependency - A limiting factor that affects the execution of a project, program, portfolio process
Constraint
A communications management plan component that includes the main team members from your project team, along with their roles.
Team Members
A Collect Requirements Process Component - Involves comparing actual or planned practices or the project’s quality standards to those of comparable projects to identify best practices, generate ideas for improvement, and provide a basis for measuring performance.
Benchmarking
Tool used in the Estimate Activity Resource Process - Those who are considered experts or even who have carried out similar tasks, should be involved in all aspects of estimating as this will result in a more realistic and achievable activities within the estimated activity resources process and the resulting schedule
Expert Judgement
A conflict Resolution Technique - Pushing one’s viewpoint at the expense of others; offering only win-lose solutions, usually enforced through a power position, to resolve an emergency
Force/Direct
Economic Term - After a certain point, increases in input do not lead to increases in output
Law of Diminishing Returns
A Dependency Link - Task B can’t start until task A has finished
Finish to Start
Economic Term - Money that has already been spent and cannot be recovered
Sunk Cost
A conflict resolution technique - Incorporating multiple viewpoints and insights from differing perspectives; requires a cooperative attitude and open dialogue that typically leads to consensus and commitment.
Collaborate/Problem Solve
Tool used in the Estimate Activity Resource Process - Two forms: internal published sources based on historical data and experience of carrying out similar activities. And industry standard tables of resources and effort.
Published Estimating Data
One of five phases in the Agile Proj. Mgmt. Framework -
In this phase, the team members will explore the various options they have to fulfill all the requirements of the project while keeping within the boundaries of time and money. This phase works in parallel with the Adapt phase because teams may have to change their plan or the way they work if their customer changes their minds or of the feedback they get suggests that a change is needed.
Explore
A Collect Requirements Process Component - Focused sessions that bring key stakeholders together. These things are considered a primary technique for quickly defining cross-functional requirements and reconciling stakeholder differences.
Faciltated Workshops
A Requirements Traceability Matrix where test cases are mapped with the requirements.
Backward Traceability
One of eight commonly used Agile Metric -
Measures how long a work item has been “stuck” on the agile board
Work Item Age
One of eight commonly used Agile Metric -
Used to measure customer satisfaction. Rates customers’ experiences
Net Promoter Score (NPS)
Instructional Page Project Control Metric - The amount of budget deficit or surplus at a given point in time, expressed as the difference between the earned value and the actual cost.
Cost Variance (CV)
One of five phases in the Agile Proj. Mgmt. Framework -
This is where teams ensure that the final deliverable is checked against the updated requirements of the customers. Teams also discuss their mistakes so they can be avoided in future projects.
Close
Schedule Path Terminology - A series of connected activities
Path
A Project Illustration Tool that is commonly presented in the activity-on-node diagram format showing activities and relationships without a time scale, sometimes referred to as a pure logic diagram.
Network Schedule Diagram
Schedule Path Terminology - An activity, event, or path which, if delayed, will delay the completion of the project
Critical
Instructional Page Project Control Metric - A measure of schedule efficiency expressed as the ratio of earned value to planned value
Schedule Performance Index (SPI)
Instructional Page Project Control Metric - A measure of schedule performance expressed as the difference between the earned value and the planned value
Schedule Variance (SV)
Meetings that are regularly scheduled events to exchange information about the project.
Status Meetings
A meeting where the end of the project (or the closing phase) is discussed which is an excellent opportunity to review how the work unfolded.
Review Meetings
Popular Software Development Project Management Method - Newer than waterfall and typically implemented with Scrum or Kanban
Agile
A Dependency Type - The project team completes project activities while non-project activities are handled by people external to the project team
External