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AS A JOSENIAN IE ^^ > ProMa- Mar18 Quiz > Flashcards

ProMa- Mar18 Quiz Flashcards

1
Q

After creating the first draft of your schedule, an important step is to ______________

A

identify the resources required

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2
Q

TRUE OR FALSE

Sometimes the same resource is needed for two different tasks, so they cannot be carried out concurrently

A

TRUE

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3
Q

Resources include

A
  • Human resources
  • Other resources such as equipment, office space, computer hardware or software, construction materials
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4
Q

tools and techniques in estimating: EAPPB

A
  • Expert judgment
  • Alternative analysis
  • Published estimating data
  • Project management software
  • Bottom-up estimating
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5
Q

If two or more concurrent activities need to use the same resources, the schedule may need to be adjusted

A

Resource Leveling

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6
Q

The most important resource

A

People

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7
Q

The work of one person for one day is a ______________

A

person-day

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8
Q

Typical project team roles: PDESTC

A
  • Project Manager
  • Developer
  • Engineer
  • Subject matter expert
  • Team members
  • Customer / client representative
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9
Q

The HR environment: LCOC

A
  • Laws
  • Culture
  • Organizational standards
  • Collective Agreements
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10
Q

What attributes are usually checked in employee’s performance?

A
  • employee’s work results such as quality or quantity of outputs,
  • work behavior (such as punctuality)
  • job-related attributes (such as cooperation and initiative)
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11
Q
  • After conducting employee performance reviews managers
    should:
A
  • provide feedback to employees about how well they have performed
    on established goals
  • provide feedback to employees about areas in which the subordinate
    is weak or could do better
  • take corrective action to address problems with employees
    performing at or below the minimum expectations
  • reward superior performers to encourage their continued excellence
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12
Q

Maslow’s Hierarchy of Needs: PSLES

A
  • Physiological
  • Safety
  • Love/belonging
  • Esteem
  • Self-actualization
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13
Q

Emotional Intelligence: SSER

A
  • Self-awareness
  • Self-regulation
  • Empathy
  • Relationship management
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14
Q

Personality Types
* Myers-Briggs: four dimensions:

E-I. S-I, T-F, J-P

A

Extroversion <–> Introversion
Sensing <–> Intuition
Thinking <–> Feeling
Judging <–> Perceiving

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15
Q

How many personality types can be derived from the four dimensions?

A

16

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16
Q

Dimensions of Leadership according to Robert Tannenbaum and Warren Schmidt

A
  • Autocratic or Democratic
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17
Q

Dimensions of Leadership according to Harold Leavitt

A

leaders are pathfinders (visionaries), problem solvers (analytical), or implementers (team oriented)

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18
Q

Dimensions of Leadership according to James MacGregor Burns

A
  • leaders are either transactional (focused on actions and decisions) or transformational (focused on the long-term needs of the group and organization)
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19
Q

Dimensions of Leadership according to Fred Fiedler

A
  • contingency theory, the ability of leaders to adapt
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20
Q

TRUE OR FALSE

PMs have accountability and have
unlimited authority

A

FALSE; limited authority

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21
Q

TRUE OR FALSE

Conflict is a bad thing

A

FALSE; Conflict is not a bad thing—it can be healthy for people to be able to express differences about how to approach the work

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22
Q

Conflict-resolution styles: AFCCA

A
  • Avoiding
  • Forcing
  • Collaborating
  • Compromising
  • Accommodating
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23
Q

TRUE OR FALSE

PM is not expected to DO all the work

A

TRUE

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24
Q

Estimating Methods in Budget Planning: APB

A

Analogous estimate
Parametric Estimate
Bottom-up Estimating

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25
An estimating method where you Find a similar project or task and assume this one will be the same or similar
Analogous estimate
26
meaning of DPCI
(Darnell-Preston Complexity Index
27
An estimating method where you use parameters
Parametric estimate
28
An estimating method where you estimate each item or task and add them together
Bottom-up estimating
29
A cash flow budget that is reserved for scope changes but are not likely to be spent
Management Reserves
30
A cash flow budget for unexpected expenses that arise during the project
Contingency Reserves
31
REPORTING PROGRESS BCWS - Detailed estimates for each activity
Budgeted Cost of work Scheduled
32
REPORTING PROGRESS PV - Total budgeted cost as of a certain date in the project
Planned Value
33
RPEORTING PROGRESS EV - Budgeted cost of the completed work as of a certain date in the project
Earned Value
34
REPORTING PROGRESS AC - Actual cost of the completed work as of a certain date in the project
Actual cost
35
REPORTING PROGRESS BAC - Total budgeted costs for the entire project
Budget at Completion
36
Difference between planned and actual progress is determined through the equation:
SV = EV-PV
37
In Schedule Variance, a positive value on the difference between planned and actual progress indicates that a project is ________
project is ahead of schedule
38
In Schedule Variance, a zero value on the difference between planned and actual progress indicates that a project is ________
on-time
39
In Schedule Variance, a negative value on the difference between planned and actual progress indicates that a project is ________
behind schedule
40
Equation for the difference between the earned value and the actual cost is the cost variance:
CV = EV-AC
41
In Cost Variance, a positive value on the difference between the earned value and the actual cost indicates that ________________
you are achieving more than you predicted for the money
42
In Cost Variance, a zero value on the difference between the earned value and the actual cost indicates that ________________
you are right on the plan
43
In Cost Variance, a negative value on the difference between the earned value and the actual cost indicates that ________________
you are achieving less than you predicted for the money
44
An index that compares progress on the scope to spending
Schedule Performance Index (SPI)
45
SPI equation
SPI = EV/PV
46
If SPI < 1?
Project behind schedule
47
If SPI = 1?
Project is right on schedule
48
If SPI > 1?
Project is ahead of schedule
49
This index Compares the budget spent to date with progress to date
Cost Performance Index
50
CPI equation
CPI = EV/AC
51
If CPI > 1?
Under budget
52
If CPI = 1?
On budget
53
If CPI < 1?
Overspending the budget
54
ETC if past variances are not expected to continue:
ETC = BAC – EV
55
ETC if past variances are expected to continue at the same level:
ETC = (BAC – EV)/CPI
56
Estimated Final Project Cost: EAC
EAC = ETC + AC
57
It refers to The acquisition of products or services not produced or delivered by the project team
Procurement Management
58
Fixed Price Contract types:
Fixed Total Cost Fixed Unit Price Fixed Price with Incentive Fee Fixed Price with Price Adjustment
59
Cost-Reimbursable Contract Types
CR with Fixed Fee CR with Percentage Fee CR with Award Fee Time and Material
60
in this contract, the cost is constant regardless of effort applied or delivery date.
Fixed Price Contract
61
in this contract, the seller is guaranteed a fee
Cost Reimbursable Contract
62
A contract where the cost (or revenue to the vendor) increases with increased effort.
Time and Materials
63
Meaning of RFQ and RFP
* Request for Quote (RFQ) * Request for Proposal (RFP)
64
Procurement Cycle: PSSQRREAMLC
* Procurement Plan * Selecting the Contract Approach * Soliciting bids * Qualifying bidders * Request for Quote (RFQ) * Request for Proposal (RFP) * Evaluating the bids * Awarding the contract * Managing the contracts * Logistics and expediting * Change coordination

AS A JOSENIAN IE ^^ (17 decks)

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