Project management

Question 1

2 types of project life cycles

Answer 1

1. predicrtive– waterfall (change not expected)
2. iterative/incremental– adaptive/agile
   —scrum, xp, crystal

Question 2

project vs operations management

Question 3

project terms

Answer 3

deliverable
scope– address deliverable
baseline– approved version of work product
constraint- cost+ schedule+ scope

Question 4

risk and uncertainty inversely proportional

Answer 4

cost and staffing (low—> hight),

Question 5

issue

Answer 5

threat that has already occurred

Question 6

multi-criteria decision analysis

Question 7

critical path

Answer 7

longest weeks (time) not nodes

Question 8

Gantt chart

Answer 8

visual representation of task and durations
milestones, phases include

Question 9

7 Basic quality tools

Question 10

scope creep

Answer 10

due to poor definition of in scope and out of scope priori

Question 11

parallel testing

Answer 11

use same data testing in new and old system at same time. (most valuable)

Question 12

unit testing

Answer 12

testing within the new application only

Question 13

integration testing

Answer 13

testing communications and integration with new software

Question 14

regression testing

Answer 14

testing current state functions in the new software to ensure they haven’t been altered

Question 15

bottom-up estimating

Answer 15

Estimating the costs of a project by summing the costs of each detailed activity. Costs of each detailed activity are rolled up to higher levels to iteratively estimate the final cost of the entire project

Question 16

Project Triple Constraints

Answer 16

scope, time, and budget

Question 17

Stakeholder register

Answer 17

detailed listing of all stakeholders which includes information about their influence, impact and expectations for the project at hand.

Question 18

Context Diagram

Answer 18

a visual representation of project scope

Question 19

Resource calendar

Answer 19

when resources can be allocated and used.

Question 20

Portfolio

Answer 20

portfolio is the institution’s collection of projects, programs, subportfolios and operations managed as a group to achieve strategic objectives

Question 21

Decomposition

Answer 21

breaking down project activities

Question 22

PERT and the Critical Path Method

Answer 22

Critical Path Method sets fixed times for activities while PERT does not

Question 23

iterative and agile cycles

Answer 23

Iterative cycles have longer iterations than agile cycles