Project Integration Management Flashcards
Something that is believed to be true or false, but it has not yet been proven to be true or false. When proven wrong, can become risks for the project. Recorded in the log for testing and analysis, and the outcomes are recorded.
Assumption log
This is an example of a benefits comparison model. The higher the BCR, the better.
Benefit/cost ratio (BCR) models
A committee that evaluates the worthiness of a proposed change and either approves or rejects the proposed change.
Change control board (CCB)
Communicates the process for controlling changes to the project deliverables. This system works with the configuration management system and seeks to control and document proposals to change the project’s product.
Change control system (CCS)
All changes that enter into a project are recorded here. The characteristics of the change, such as the time, cost, risk, and scope details, are also recorded.
Change log
This plan details the project procedures for entertaining change requests: how change requests are managed, documented, approved, or declined.
Change management plan
This final process group of the project management life cycle is responsible for closing the project phase or project. This is where project documentation is archived and project contracts are also closed.
Closure processes
This plan defines who will get what information, how they will receive it, and in what modality the communication will take place.
Communications management plan
This includes the labeling of the components, how changes are made to the product, and the accountability of the changes.
Configuration identification
This plan is an input to the control scope process. It defines how changes to the features and functions of the project deliverable, the product scope, may enter the project.
Configuration management plan
This system defines how stakeholders are allowed to submit change requests, the conditions for approving a change request, and how approved change requests are validated in the project scope. This also documents the characteristics and functions of the project’s products and any changes to a product’s characteristics.
Configuration management system
The organization of the product materials, details, and prior product documentation. It involves the recording and reporting of all the changes to the configuration items: Status, what/when, what components affected.
Configuration status accounting
The scope verification and completeness auditing of project or phase deliverables to ensure that they are in alignment with the project plan.
Configuration verification and auditing
The formal verification of the contract completeness by the vendor and the performing organization.
Contract closure
This is the aggregated costs of all of the work packages within the work breakdown structure (WBS).
Cost baseline
This plan details how the project costs will be planned for, estimated, budgeted, and then monitored and controlled.
Cost management plan
Knowledge that can be quickly and easily expressed through conversations, documentation, figures, or numbers, is easily communicated.
Explicit knowledge
The formula to is FV = PV(1 + I)n, where PV is present value, I is the given interest rate, and n is the number of periods.
Future value
A process to consider and control the impact of a proposed change on the project’s knowledge areas. A system to document changes, their impact, the response to those changes, and performance deficits.
Integrated change control
Points of contention where some question of the project’s direction needs to be resolved. All identified are documented, along with an owner and a deadline to resolve. The outcome is also recorded.
Issue log
A project selection method to determine the likelihood of success. These models include linear programming, nonlinear programming, dynamic programming, integer programming, and multi objective programming.
Mathematical model
Significant points or events in the project’s progress that represent accomplishment in the project. Projects usually create these as the result of completing phases within the project.
Milestone
This list details the project milestones and their attributes. It is used for several areas of project planning, but also helps determine how quickly the project may be achieving its objectives.
Milestone list
These are committees that ask every conceivable negative question about the proposed project. Their goals are to expose the project’s strengths and weaknesses, and to kill the project if it’s deemed unworthy for the organization to commit to. Also known as project steering committees or project selection committees.
Murder boards
