Practice test review questions Flashcards
Schedule Performance Index (SPI): 0.85
Less than 1, indicates the project is behind schedule.
Cost Performance Index (CPI): 1.15
Larger than 1, indicates the project is within budget.
Critical Path has
No float, slack
Qualitative Risk Analysis
Rank risks according to probability and/or impact
Quantitative risk analysis
Assigns values to the risk
Bubble charts
Tool in performing quantitative risk analysis process and can show the probability, impact and ranking of risk.
Pareto charts
Used for quality and not risk.
Sprint Review
Customers review the partially finished product and give the team their feedback.
Sprint planning meeting
Held to determine what requirements will be met in the next sprint.
Retrospective
Conducted to capture the lessons learned from the sprint.
Risk transfer
Transferred to another company such as purchasing insurance or hiring a consultant
Risk Avoidance
Going down a different path
Risk Mitigation
Reduce the probability and/or impact of a risk.
Risk Acceptance
Do nothing.
Project Scope Statement
Includes a list of all the project deliverables as well as any requirements that should be excluded from the scope.