Review of All Chapters Flashcards
This is a matrix chart that only uses the activities of responsible, accountable, consult, and inform.
RACI chart
A moderator-led requirements collection method to elicit requirements from stakeholders.
Focus groups
A schedule compression approach that adds more resources to activities on the critical path to complete the project earlier. When doing this in a project, costs are added because the associated labor and sometimes resources (such as faster equipment) cause costs to increase.
Crashing
A project management subsidiary plan that documents the decisions made in the procurement planning processes.
Procurement management plan
This plan details the project procedures for entertaining change requests: how change requests are managed, documented, approved, or declined.
Change management plan
This is a statistical approach to predicting what future values may be, based on historical values. This creates quantitative predictions based on variables within one value to predict variables in another. This form of estimating relies solely on pure statistical math to reveal relationships between variables and to predict future values.
Regression analysis
The level of ownership an individual or entity has over a project risk.
Risk responsibilities
Part of stakeholder analysis classification. A ______ stakeholder is aware of your project and is not concerned if the project succeeds or fails.
Neutral stakeholder status
This type of communication pulls information from a central repository. This allow stakeholders to retrieve information from a central source as needed.
Pull communications
Theory is based on the participative management style of the Japanese. This theory states that workers are motivated by a sense of commitment, opportunity, and advancement.
Ouchi’s Theory Z
The cost management plan dictates how cost variances will be managed.
Cost management plan
4.2 Develop Project Management Plan - Outputs
Project Management Plan
This is the cost associated with the monies spent to attain the expected level of quality. It is also known as the cost of quality.
Cost of conformance
As with value engineering, this approach examines the functions of the project’s product in relation to the cost of the features and functions. This is where, to some extent, the grade of the product is in relationship to the cost of the product.
Value analysis
A market condition where the market is so tight that the actions of one vendor affect the actions of all the others.
Oligopoly
An “act of God” that may have a negative impact on the project. Examples include fire, hurricanes, tornadoes, and earthquakes.
Force majeure
A mathematical model to examine the relationship among project variables, like cost, time, labor, and other project metrics.
Regression analysis
Also known as firm fixed-price and lump-sum contracts, these are agreements that define a total price for the product the seller is to provide.
Fixed-price contracts
An estimating technique for each activity that requires optimistic, most likely, and pessimistic estimates to be created. Based on these three estimates, an average can be created to predict how long the activity should take.
Three-point estimate
Earned after the PMP to maintain the PMP certification. PMPs are required to earn 60 per three-year certification cycle. Of the 60, a minimum of 35 hours must come from educational opportunities.
Professional Development Units (PDUs)
Comparing any two similar entities to measure their performance.
Benchmarking
The hidden goals, personal agendas, and alliances among the project team members and the stakeholders.
Political interfaces
Many vendors can provide what your project needs to purchase, but you prefer to work with a specific vendor.
Single source
These are useful in providing information to customers, management, the project team, and other stakeholders.
Project presentations
This approach requires that both parties give up something.
Compromising
The work that a role performs.
Responsibility
Logic that describes activities that must happen in a particular order. For example, the dirt must be excavated before the foundation can be built. The foundation must be in place before the framing can begin. Also known as a mandatory dependency.
Hard logic
These estimates are often referred to as “should cost” estimates. They are created by the performing organization or outside experts to predict what the cost of the procured product should be.
Independent estimates
Theory which states our needs are acquired and developed by our experiences over time. All people are, according to this theory, driven by one of three needs: achievement, affiliation, or power.
McClelland’s Theory of Needs
A chart showing the relationship between superior and subordinate employees, groups, disciplines, and even departments.
Hierarchical organizational chart
This subsidiary plan defines how changes to the features and functions of the project deliverables will be monitored and controlled within the project.
Configuration management plan
A scope definition approach that studies and analyzes a system, its components, and the relationship of the components within the system.
Systems analysis
These are the demands set by the customer, regulations, or the performing organization that must exist for the project deliverables to be acceptable. These are often prioritized in a number of ways, from “must have” to “should have” to “would like to have.”
Project requirements
A method to rate potential project team members based on criteria such as education, experience, skills, knowledge, and more.
Multicriteria Decision Analysis
This is a table that maps the requirements throughout the project all the way to their completion.
Requirements traceability matrix (RTM)
An organization where organizational resources are pooled into one project team, but the functional managers have more project power than the project manager.
Weak matrix structure
A process to identify which parts of the project warrant procurement from a vendor by the buyer.
Procurement planning
Stakeholders are mapped on a grid based on their influence over the project in relation to their influence over the project execution.
Influence/impact grid
This is a centralized database consisting of the outcome of all the other risk management processes, such as the outcome of risk identification, qualitative analysis, and quantitative analysis.
Risk register
This is an analysis meeting to examine and document the roles in the project. The role’s interests, concerns, influence, project knowledge, and attitude are documented.
Profile analysis meeting
Defines how the project schedule will be created and managed
Schedule management plan
The project manager has a warm personality that others like.
personal or charismatic power
An organization that creates a blend of the functional, matrix, and project-oriented structures.
Hybrid structure
A WBS companion document that defines all of the characteristics of each element within the WBS.
WBS dictionary
A ranking approach that identifies and ranks the risks from very high to very unlikely or to some other value
Ordinal scales
Part of stakeholder analysis classification. An ______ status means the stakeholder doesn’t know about the project and the effect the project may create on the stakeholder.
Unaware stakeholder status
4.2 Develop Project Management Plan - Tools & Technitques
Expert JudgementData GatheringInterpersonal and Team SkillsMeetings
A matrix that ranks the probability of a risk event occurring and its impact on the project if the event does happen; used in qualitative and quantitative risk analyses.
Probability and impact matrix
Notices to the stakeholders about resolved issues, approved changes, and the overall health of the project.
Stakeholder notifications
The leader is motivating, has high-energy, and inspires the team through strong convictions about what’s possible and what the team can achieve. Positive thinking and a can-do mentality are characteristics of this.
charismatic leadership
The location and culture of the environment where the project work will reside. Includes the social, economic, and environmental variables the project must work with or around.
Project environment
An anonymous method of querying experts about foreseeable risks within a project, phase, or component of a project. The results of the survey are analyzed by a third party, organized, and then circulated to the experts. There can be several rounds of anonymous discussion with the this, without fear of backlash or offending other participants in the process. The goal is to gain consensus on project risks within the project
Delphi Technique
This is a project plan component that contains all of the information related to the risk management activities. It’s updated as risk management activities are conducted to reflect the status, progress, and nature of the project risks.
Risk register
A business unit that centralizes the operations and procedures of all projects within the organization. The PMO can be supportive, controlling, or directive.
Organizational System
The primary output of breaking down the WBS work packages.
Activity list
The device that encodes the message being sent.
Encoder
A histogram that illustrates and ranks categories of failure within a project
Pareto diagram
This is the process of examining the project from the perspective of each characteristic: strengths, weaknesses, opportunities, and threats.
SWOT analysis
The management and selection of projects that support an organization’s vision and mission. It is the balance of project priority, risk, reward, and return on investment. This is a senior management process.
Project portfolio management
A method to flatten the schedule when resources are overallocated. This can be applied using different methods to accomplish different goals. One of the most common methods is to ensure that workers are not overextended on activities
Resource-leveling heuristic
This project scope statement creation process studies how a system should work, designs and creates a system model, and then enacts the working system based on the project’s goals and the customer’s expectations. This aims to balance the time and cost of the project in relation to the scope of the project.
Systems engineering
A contingency allowance to account for overruns in costs. Contingency allowances are used at the project manager’s discretion and with management’s approval to counteract cost overruns for scheduled activities and risk events.
Contingency reserve
The project manager is respected or admired because of the team’s past experiences with the project manager. This is about the project manager’s credibility in the organization.
referent power
Documents the quality objectives for the project, including the metrics for stakeholder acceptance of the project deliverable.
Quality baseline
These diagrams show the relationship between elements of an environment. For example, this would illustrate the networks, servers, workstations, and people that interact with the elements of the environment.
Context diagram
A fixed-price contract with a special allowance for price increases based on economic reasons such as inflation or the cost of raw materials.
Fixed-price with economic price adjustments
Created and maintained by the project sponsor and shows the financial validity of why a project is chartered and launched within the organization. Typically, this is created before the launch of the project and may be used as a go/no-go decision point.
Project business case
Documented in the scope management plan, this system defines how changes to the project scope are managed and controlled.
Change control system (CCS)
A meeting of all the project’s potential vendors to clarify the contract statement of work and the details of the contracted work.
Bidder conference
An organization that is divided into functions, and each employee has one clear functional manager. Each department acts independently of the other departments. A project manager in this structure has little to no power and may be called a project coordinator.
Functional structure
This document authorizes the project. It defines the initial requirements of the project stakeholders. It is endorsed by an entity outside of the project boundaries.
Project charter
The monetary value of a risk exposure based on the risk’s probability and impact in the risk matrix. This approach is typically used in quantitative risk analysis because it quantifies the risk exposure
Expected monetary value (EMV)
In formal presentations, the presenter’s oral and body language, visual aids, and handouts all influence the message being delivered.
presentation
New risks that are created as a result of a risk response.
Secondary risks
A quality control chart that maps the performance of project work over time.
Control chart
The difference of the earned value amount and the cumulative actual costs of the project. The formula is EV – AC.
Cost variance (CV)
The path in the project network diagram that cannot be delayed, otherwise the project completion date will be late. There can be more than one. Activities in the this have no float.
Critical path
This type of communication means that information is happening among stakeholders, like in a forum. Examples of this are meetings, videoconferences, phone calls, and ad-hoc conversations. Interactive communications means that the participants are actively communicating with one another.
Interactive communications
The results of the project work as needed. This includes technical performance measures, project status, information on what the project has created to date, corrective actions, and performance reports
Work performance information
Theory that states management views workers in the Y category as competent and self-led and workers in the X category as incompetent and needing to be micromanaged.
McGregor’s Theory of X and Y
As with brainstorming, participants are encouraged to generate as many ideas as possible, but the suggested ideas are ranked by a voting process.
Nominal group technique
The person who receives the message.
Receiver
This diagram breaks down ideas, solutions, causes, and project components and groups them together with other similar ideas and components.
Affinity diagram
This project scope statement component works with the project requirements, but focuses specifically on the product and what the conditions and processes are for formal acceptance of the product.
Product acceptance criteria
The difference between the earned value and the planned value. The formulas is EV – PV.
Schedule variance (SV)
This theory states that people will behave based on what they expect as a result of their behavior. In other words, people will work in relation to the expected reward.
Vroom’s Expectancy Theory
A somewhat unreliable estimating approach that relies on historical information to predict what current activity durations should be. This estimating is more reliable, however, than team member recollections. This estimating is also known as top-down estimating and is a form of expert judgment.
Analogous estimating
The actual amount of monies the project has spent to date.
Actual cost (AC)
The areas of expertise, industry, or function where a project is centered. Examples include architecture, IT, health care, and manufacturing.
Application areas
This is a narrative description of what the project is creating as a deliverable for the project customer.
Product scope description
This is part of stakeholder analysis classification. A _____ stakeholder is aware of your project and is supportive and hopeful that the project will be successful.
Supportive stakeholder status
The leader puts others first and focuses on the needs of the people he serves. These leaders provide opportunity for growth, education, autonomy within the project, and the well-being of others. The primary focus is service to others.
servant leadership
The formal inspection of the project deliverables, which leads to project acceptance.
Scope validation
A risk response appropriate for both positive and negative risks, but often used for smaller risks within a project.
Acceptance
The earliest a project activity can begin. Used in the forward pass procedure to discover the critical path and the project float.
Early start
An approach that relies on historical information to predict the cost of the current project. It is also known as top-down estimating and is the least reliable of all the cost-estimating approaches
Analogous estimating
From buyer to seller. Requests the seller to provide a proposal to complete the procured work or to provide the procured product.
Request for Proposal (RFP)
Calendars that identify when project resources are available for the project work.
Resource calendars
This documentation of what the stakeholders expected in the project defines all of the requirements that must be present for the work to be accepted by the stakeholders.
Requirements documentation
Conditions that affect how the project manager may manage the project. Come from within the project, such as policy, or they be external to the organization, such as law or regulation.
Enterprise environmental factors
Low-priority risks are identified and assigned to a watch list for periodic monitoring.
Low-priority risk watch list
Status of the deliverables: the work that’s been started, finished, or has yet to begin.
Work performance information
This is anything that limits the project manager’s options. Consider a predetermined budget, deadline, resources, or materials the project manager must use within the project—these are all examples of these
Project constraints
This document requires that the seller fully describe the work to be completed and/or the product to be supplied. This becomes part of the contract between the buyer and the seller.
Contract statement of work (SOW also CSOW)
The contractual relationship between the buyer and the seller is often considered confidential and secret
Privity
Raw data, observations, and measurements about project components. Gathered and stored in the project management information system.
Work performance data
A report that depicts how well a project is performing. Often, the this is based on earned value management and may include cost or schedule variance reports.
Performance report
This is the planned start and finish of the project. The comparison of what was planned and what was experienced is the schedule variance.
Schedule baseline
The monies spent to recover from not adhering to the expected level of quality. Examples may include rework, defect repair, loss of life or limb because safety precautions were not taken, loss of sales, and loss of customers. This is also known as the cost of nonconformance to quality.
Cost of poor quality
A management process that defines the quality system or quality policy that a project must adhere to. This aims to plan quality into the project rather than to inspect quality into a deliverable.
Quality assurance
The consideration of the risk ranking scores that takes into account any bias, the accuracy of the data submitted, and the reliability of the nature of the data submitted.
Data precision
When there is an issue or claim that must be settled before the contract can be closed, the parties involved in the issue or claim will try to reach a settlement through mediation or arbitration.
Alternative dispute resolution
A contract type in which the buyer pays for the time and materials for the procured work. This is a simple contract, usually for smaller procurement conditions. These contract types require a not-to-exceed clause, or the buyer assumes the risk for cost overruns.
Time and materials contract
A temporary endeavor to create a unique product, service, or result. The end result of a project is also called a deliverable.
Project
This subsidiary plan defines the risk responses that are to be used in the project for both positive and negative risks
Risk response plan
The organization of the product materials, details, and prior product documentation.
Configuration status accounting
A tool that filters or screens out vendors that don’t qualify for the contract.
Screening system
An organization’s approach to managing cash flow against the project deliverables based on a schedule, milestone accomplishment, or data constraints
Funding limit reconciliation
Defines how the project scope will be planned, managed, and controlled.
Project scope management plan
Anything that prohibits communication from occurring.
Communication barrier
A situation where a project manager may have two competing duties of loyalty. For example, purchasing software from a relative may benefit the relative, but it may do harm to the performing organization.
Conflict of interest
These are 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
A method to determine which of two or more decisions is the best one. The model examines the costs and benefits of each decision’s outcome and weighs the probability of success for each of the decisions.
Decision tree
A benefit comparison model to determine a future value of money. The formula to calculate future value 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
Part of stakeholder analysis classification. _____ is aware of your project, they want your project to be successful, and the stakeholder is working to make certain the project is a success.
Leading stakeholder status
These risks deal with faults in the management of the project: the unsuccessful allocation of time, resources, and scheduling; unacceptable work results; and poor project management.
Project management risks
This hierarchical chart can decompose the project by the type of resources used throughout it.
Resource breakdown structure (RBS)
The individual has power and control of the data gathering and distribution of information.
informational power
A person who has proven project management experience and has qualified for and then passed the Exam.
Project Management Professional (PMP)
A numbering system for each item in the WBS. The PMBOK is a good example of a this, as each chapter and its subheadings follow a logical numbering scheme. For example, PMBOK 5.3.3.2 identifies an exact paragraph in the PMBOK.
Code of accounts
The leader is a hybrid of transactional, transformational, and charismatic leaders. The _____ wants the team to act, is excited and inspired about the project work, yet still holds the team accountable for their results.
interactional leadership
The leader inspires and motivates the project team to achieve the project goals. These leaders aim to empower the project team to act, be innovative in the project work, and accomplish through ambition.
transformational leadership
If a project team can reach the this stage of team development, they trust one another, work well together, and issues and problems get resolved quickly and effectively.
Performing
A WBS entry that considers the time, cost, and scope measurements for that deliverable within the WBS. The estimated performance is compared against the actual performance to measure overall performance for the deliverables within this. The specifics of this are documented in this plan.
Control account
This approach _____ out the conflict by minimizing the perceived size of the problem. It is a temporary solution, but can calm team relations and boisterous discussions.
Smoothing
A ranking approach to identify the probability and impact by using a numerical value, from .01 (very low) to 1.0 (certain).
Cardinal scales
The sender confirms that the receiver understands the message by directly asking for a response, questions for clarification, or other confirmation.
Feedback
This is not a contract, but a letter stating that the buyer is intending to create a contractual relationship with the seller.
Letter of intent
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
Risks that are expected to remain after a risk response.
Residual risks
A process of choosing a percentage of results at random. For example, a project creating a medical device may have 20 percent of all units randomly selected to check for quality.
Statistical sampling
A risk response that shares the advantages of a positive risk within a project.
Sharing
The documented approach of how a project will be planned, executed, monitored and controlled, and then closed. This document is a collection of subsidiary management plans and related documents.
Project management plan
Costs are parallel to each WBS work package. The costs of each work package are aggregated to their corresponding control accounts. Each control account then is aggregated to the sum of the project costs.
Cost aggregation
Assurance provided to the external customers of the project.
External QA
The monies spent to attain the expected level of quality within a project. Examples include training, testing, and safety precautions.
Cost of quality
This explains the overall project risks and provides summaries about the individual project risks.
Risk report
The processed and analyzed data that will help the project manager make project decisions.
Work performance information
An organization of project management professionals from around the world, supporting and promoting the careers, values, and concerns of project managers.
Project Management Institute (PMI)
An assumption is something that is believed to be true or false, but it has not yet been proven to be true or false. Assumptions that prove wrong can become risks for the project. All identified project assumptions are recorded in this for testing and analysis, and the outcomes are recorded.
Assumption log
The project manager has deep skills and experience in a discipline (for example, years of working in IT helps an IT project manager better manage IT projects).
expert power
4.2 Develop Project Management Plan - Inputs
Project CharterOutputs from other processesEnterprise Environmental FactorsOrganizational process assets
Flowcharts that illustrate the flow of a process through a system, such as a project change request through the change control system, or work authorization through a quality control process.
System or process flowcharts
A data gathering technique that’s similar to brainstorming, but provides brainstorming meeting participants with the questions and topics for brainstorming before the stakeholder identification meeting.
Brain writing
Meetings are forms of communication. How the meeting is led, managed, and controlled all influence the message being delivered. Agendas, minutes, and order are mandatory for effective communications within a meeting.
meeting management
The performing organization can contribute to the project’s risks through unreasonable cost, time, and scope expectations; poor project prioritization; inadequate funding or the disruption of funding; and competition with other projects for internal resources.
Organizational risks
A person who has slightly less project management experience than a PMP
Certified Associate in Project Management (CAPM)
Risk is an uncertain event or condition that may affect the project outcome. This defines how the project will manage risk.
Risk management plan
This approach maps ideas to show the relationship among requirements and the differences between requirements. The map can be reviewed to identify new solutions or to rank the identified requirements.
Mind mapping
The latest a project activity can finish. Used in the backward pass procedure to discover the critical path and the project float.
Late Finish
The science of using past results to predict future performance.
Trend analysis
The project team identifies the disciplines and specialties that the project will require to complete the project scope statement. These are the resources that will be doing the project work.
Technical interfaces
The person with the power makes the decision.
Forcing power
Internal relationships to the project or the organization. For example, the project team must create the software as part of the project’s deliverable before the software can be tested for quality control.
Internal dependencies
A fixed-price contract with opportunities for bonuses for meeting goals on costs, schedule, and other objectives. These contracts usually have a price ceiling for costs and associated bonuses.
Fixed-price incentive fee
Describe organizations that have duplication of efforts within the organization, but not within each department or division of the organization. Project manager has little authority in this structure and the functional manager controls the project budget.
Multidivisional structure
The receiver confirms that the message is being received through feedback, questions, prompts for clarity, and other signs of confirmation.
Active listening
This conflict resolution method sees one side of the argument walking away from the problem, usually in disgust.
Withdrawal
These show the hierarchies and decomposition of a solution, an organization, or a project team. The WBS and an org chart are examples of this
Tree diagram
Measures the project based on its financial performance. The formula is EV/AC
Cost performance index (CPI)
This is the most common and most effective approach to communication. It’s where two or more people exchange information. Consider status meetings, ad-hoc meetings, phone calls, and videoconferences.
Interactive communication
An inspection-driven process that measures work results to confirm that the project is meeting the relevant quality standards.
Control quality
A risk response that is appropriate for both positive and negative risk events that may outside of the project manager’s authority to act upon.
Escalating
A risk response to avoid the risk.
Avoidance
The device or technology that transports a message.
Medium
These cause-and-effect diagrams are also called fishbone diagrams and are used to find the root cause of factors that are causing risks within the project.
Ishikawa diagrams
Include organizational processes, policies, procedures, and items from a corporate knowledge Grouped into two categories to consider: processes, policies and procedures, and organizational knowledge bases.
Organizational process assets
According to ASQ, the degree to which a set of inherent characteristics fulfills requirements.
Quality
The project manager can make the team and stakeholders feel guilty to gain compliance in the project.
guilt-based power
Most projects have a determined budget in relation to the project scope. There may be a qualifier on this budget, such as plus or minus 10 percent based on the type of cost estimate created.
Funding limit
A diagram that visualizes the flow of the project activities and their relationships to other project activities.
Project network diagram
Reports are formal communications on project activities, their status, and conditions.
Project reports
Costs are attributed directly to the project work and cannot be shared among projects (for example, airfare, hotels, long-distance phone charges, and so on).
Direct costs
This approach to project scope statement creation attempts to find the correct level of quality in relation to a reasonable budget for the project deliverable while still achieving an acceptable level of performance of the product.
Value engineering
Cost reserves are for unknown unknowns within a project. The management reserve is not part of the project cost baseline, but is included as part of the project budget.
Reserve analysis
The project manager refuses to act, get involved, or make decisions.
avoiding power
This approach confronts the problem head-on and is the preferred method of conflict resolution. Multiple viewpoints and perspectives contribute to the solution.
Collaborate/Problem solving
An approach using a parametric model to extrapolate what costs will be needed for a project (for example, cost per hour and cost per unit). It can include variables and points based on conditions.
Parametric estimating
This plan defines what quality means for the project, how the project will achieve quality, and how the project will map to organizational procedures pertaining to quality.
Quality management plan
A document created and maintained by the project sponsor and the project manager. Defines what benefits the project will create, when the benefits will be realized, and how the benefits will be measured.
Project benefits management plan
This defines all of the work, and only the required work, to complete the project objectives.
Project scope
The ability to interact, lead, motivate, and manage people.
Interpersonal skills