Rita Hot topics Flashcards

1
Q

Scope

what is the definition of scope management?

(p 153)

A

Defining what work is required and then making sure all that work- and only that work-is completed

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2
Q

Scope

what is the difference between product scope and project scope?

(p 154)

A

product scope refers to the requirements related to the product, service, or result of the project, while project scope involves the work the project team would do to deliver the product of the project

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3
Q

Scope

what is timeboxing?

(p 154)

A

an agile planning tool using short, fixed periods of time set for the team to complete a selected in prioritize set of activities.

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4
Q

Scope

describe the purpose of a minimal viable product (MVP)

(p 154)

A

On an agile project, it allows the customer to take delivery of the product and use it while the team continues to build the rest of the product. Also known as the minimal marketable features (MMFs)

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5
Q

Scope

describe what a scope management looks like on a predictive project

(p 156)

A
  1. Develop a plan for how to plan, validate and control scope and requirements
  2. Determine requirements
  3. Analyze and balance stakeholder needs to determine scope
  4. Create a WBS to break the scope down to smaller, more manageable pieces. Define each piece in the WBS dictionary
  5. Obtain validation (signed acceptance) that the complete scope of work is acceptable to the customer or sponsor
  6. Measure scope performance and adjust as needed.
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6
Q

Scope

describe what scope management looks like on an agile project

(p 157)

A
  1. requirements are identified and documented at a sufficient level of detail so they can be prioritized and estimated at a high level
  2. the product’s features are kept in the list called the product backlog
  3. the work is broken into product releases
  4. for each release, the work is completed through iterations
  5. the work of each iteration (and release ) is defined successively in more detail just before the work for each iteration begins
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7
Q

Scope

how is product scope different for agile projects than it is for plan-driven projects?

(p 157)

A

product scope is typically more flexible in agile projects.

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8
Q

Scope

what artifacts result from the plan scope management process?

A
  1. scope management plan
  2. requirements management plan
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9
Q

Scope

which is the difference between a product backlog and a product roadmap?

(p 158/159)

A

a product backlog is a list of the functional and non-functional work identified for the project, while a product roadmap is a visual representation of the product’s main components broken into sequential products releases

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10
Q

Scope

what is the difference between eliciting requirements in a predictive environment versus an adaptive environment?

(p 161/162)

A

predicting environments: A missed requirement early in the project could mean significant changes and conflict throughout the remainder of a project

adaptive environments: Agile teams initially define requirements at a high level and then progressively refines them, helping to avoid or lessen the effect of change requests

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11
Q

Scope

name several requirements-gathering techniques

(p. 162- 164)

A
  1. brainstorming
  2. interviews
  3. focus groups
  4. questionnaires and surveys
  5. benchmarking
  6. facilitation
  7. voting
  8. multicriteria decision analysis
  9. nominal group technique
  10. observation
  11. prototypes
  12. affinity diagrams
  13. mind maps
  14. context diagrams
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12
Q

Scope

what artifacts should the project manager look at to resolve competing requirements?

(p. 167)

A

competing requirements can be resolved by accepting those that best comply with the:
1. business case
2. project charter
3. scope statement
4. known project constraints

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13
Q

Scope

what are some ways requirements can be verified?

(p 169)

A

meetings
prototypes
iteration reviews

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14
Q

Scope

what are acceptance criteria?

(p. 169)

A

criteria used to ensure the project meets stakeholder requirements

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15
Q

Scope

what does the value of a requirements traceability matrix?

(p 170)

A

helps link requirements to objectives and/or other requirements to ensure the strategic goals are accomplished

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16
Q

Scope

what is product analysis?

(p. 172)

A

a method of analyzing the objectives and description of the product as stated by the customer or sponsor

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17
Q

Scope

what is the key artifact of the Define Scope process?

(p 172)

A

project scope statement

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18
Q

Scope

what are the key items included in a project scope statement?

(p 172)

A
  1. product scope
  2. project scope
  3. list of product deliverables
  4. acceptance criteria
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19
Q

Scope

what is not part of the project?

(p 172)

A

assumptions and constraints.

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20
Q

Scope

when is a work breakdown structure (WBS) created and what is it used for?

(p 173)

A

created during project planning by the team and used to define or decompose the project the smaller, more manageable pieces

graphically provides a structured vision for a project and helps Ensure that nothing is missed and no deliverables are forgotten

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21
Q

Scope

how are work packages different from from activities?

(p 174)

A

what packages are deliverables (things), rather than actions (activities)

Work packages are shown in the WBS

activities are shown in an activity list and network diagram

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22
Q

Scope

what is the WBS dictionary?

(p. 177)

A

documentation providing details needed to build each work package

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23
Q

Scope

what makes up the scope baseline?

(p 178)

A
  1. project scope statement
  2. WBS
  3. WBS dictionary
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24
Q

Scope

describe scope the composition on an agile project

(p 180)

A
  1. high-level requirements are gathered at the beginning of the project
  2. features are created from large and complex, high-level requirements
  3. medium-level requirements are broken into smaller stories
  4. each story needs to be broken further by various types of requirements
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25
Q

Scope

What is MoSCoW analysis?

(p 181)

A

I breeakdown method of higher-level requirements at the release map and product (feature) backlog levels

MoSCoW stands for “must have, should have, could have, and would like to have,” and is a prioritization scheme for selecting features and functionalities

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26
Q

Scope

what is the validate scope process? when is it done?

(p 182)

A

the process of gaining formal acceptance of the deliverables by the customer or sponsor. done during project monitoring and controlling at the end of each face of the Project Life cycle

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27
Q

Scope

what key artifacts result from the validate scope process?

(p 185)

A
  1. work performance information
  2. change requests
  3. accepted deliverables
  4. updates to project management plan and project documents
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28
Q

Scope

what are some methods for controlling and validating scope?

A

predictive:
1. inception
2. data analysis
3. decision making

Adaptive :
1. agile ceremonies
2. customer valued prioritization
3. incremental product delivery

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29
Q

Schedule

what are dependencies?

(p. 189)

A

logical relationships between activities in a project

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30
Q

Budget & Resources

According to the Process Groups model, what are the processes of cost management?

(p. 230)

A
  1. Plan Cost Management
  2. Estimate Costs
  3. Determine Budget
  4. Control Costs
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31
Q

Budget & Resources

What combined baselines are called the performance measurement baseline?

(p. 235)

A

Scope, schedule, and cost baseline

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32
Q

Budget & Resources

What is earned value analysis, and how is it used?

(p. 230)

A

It is an analysis method that uses earned value and other metrics to evaluate how well the project is doing relative to what was planned to date.

Together with other measures, the project manager can determine the overall project performance against the performance measurements baseline.

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33
Q

Budget & Resources

What is earned value management (EVM)?

(p. 230)

A

The practice of managing scope, schedule, and cost using earned value analysis to control the project

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34
Q

Budget & Resources

What artifact results from the plan cost management process?

(p. 230)

A

Cost Management Plan

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35
Q

Budget & Resources

What artifacts are needed for the Estimate Costs process?

(p. 233)

A
  1. Resource requirements documentation (Project Docs)
  2. Cost and quality management plans (Project Management Plan)
  3. Scope and schedule baselines (Project Management Plan)
  4. Lessons learned and risk registers (Project Docs)
  5. Policies and historical records related to estimating (OPAs)
  6. Templates and processes, including those from past projects (OPAs)
  7. Corporate governance (OPAs)
  8. Marketplace conditions, commercial cost databases, exchange rates, inflation, and supply sources (Enterprise Environmental Factors)
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36
Q

Budget & Resources

How do variable costs differ from fixed costs?

(p. 232)

A

Variable costs change with the amount of production or amount of work done on the project

Fixed costs do not change as production changes

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37
Q

Budget & Resources

What is a direct cost?
What is an indirect cost?

(p. 233)

A

Direct cost: A cost that is directly attributable to the work of the project

Indirect cost: Overhead costs or costs incurred for the benefit of more than one project

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38
Q

Budget & Resources

Name the advantages of analogous estimating

(p. 233)

A
  1. Quick
  2. Activities do not need to be identified
  3. Less costly create
  4. In initiating, provides cost constraints to evaluate high-level project feasibility
  5. Overall project costs can be capped for this type of estimate
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39
Q

Budget & Resources

Name the advantages of bottom-up estimating

(p. 233)

A
  1. More accurate
  2. Gains buy-in from the team
  3. Based on a detailed project and deliverable
  4. Provides a basis for monitoring and controlling, performance measurement, and management
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40
Q

Budget & Resources

Name the typical range for the following:
* Rough order of magnitude (ROM) estimate
* Budget estimate
* Definitive estimate

(p. 234)

A
  1. -20% to + 75% from actual
  2. -10% to +25% from actual
  3. +/- 10% from actual
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41
Q

Budget & Resources

What key artifacts result from the Estimate Costs process?

(p. 234)

A
  1. Cost estimates
  2. Basis of estimates
  3. Update to project documents
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42
Q

Budget & Resources

What methods are used to estimate costs in an adaptive environment?

(p. 235)

A
  1. T-shirt sizing
  2. Planning poker
  3. Affinity estimation
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43
Q

Budget & Resources

What is cost aggregation

(p. 236)

A

Pulling together the costs of all activities.

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44
Q

Budget & Resources

At what point are contingency reserves added to the budget?

(p. 236)

A

After risk management planning

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45
Q

Budget & Resources

What is the difference between a cost budget and a cost baseline?

(p. 236)

A

The cost baseline is an estimated total cost performance measurement baseline; it does not include the management reserves

The cost budget is the total that includes the cost baseline + management reserves

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46
Q

Budget & Resources

What agile tool can be used to anticipate future budgetary issues on agile projects?

(p. 237)

A

Velocity

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47
Q

Budget & Resources

On adaptive projects the majority of cost estimates for projections and estimate at completion are based on what?

(p. 237)

A

Burn rate

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48
Q

Budget & Resources

What key artifacts result from the Determine Budget process?

(p. 237)

A
  1. Cost baseline
  2. Project funding requirements
  3. Update to project documents
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49
Q

Budget & Resources

How can progress reporting help the project manager?

(p. 239)

A

It can help control schedule and costs

It can help the project manager assess whether the project is on track through earned value analysis

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50
Q

Budget & Resources

What is the purpose of reserve analysis?

(p. 239)

A

It allows the project manager to identify and apply lessons learned and controlling cards

Cost control includes analyzing where contingency reserves are still necessary or where new reserves are required.

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51
Q

Budget & Resources

What is the difference between planned value and earned value?

(p. 240)

A

Planned value is the estimated value of the work planned, as of today

Earned value is the estimated value of the work actually accomplished, as of today

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52
Q

Budget & Resources

What is actual cost?
What is budget at completion?

(p. 240)

A

The actually incurred for the work accomplished, as of today

The project’s planned budget;it indicates what the end cost of the project would be if everything were according to plan

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53
Q

Budget & Resources

What is the formula for cost variance?

(p. 241)

A

EV - AC = CV

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54
Q

Budget & Resources

What is the formula for schedule variance?

(p. 241)

A

EV - PV = SV

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55
Q

Budget & Resources

What is the formula for cost performance index?

(p. 241)

A

EV/AC= CPI

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56
Q

Budget & Resources

What is the formula for schedule performance index?

(p. 241)

A

EV/PV=SPI

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57
Q

Budget & Resources

What does a positive number indicate for CV or SV?

(p. 241)

A

A positive number indicates that the project is under budget (CV) or ahead of schedule (SV)

A negative number would indicate that the project is over budget (CV) or behind schedule (SV)

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58
Q

Budget & Resources

What does a number less than one indicate with CPI and SPI?

(p. 241)

A

Greater than one is good
Less than one is bad

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59
Q

Quality of Deliverables & Products

What is the definition of quality?

(page 249)

A

The degree to which the project fulfills requirements

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60
Q

Quality of Deliverables & Products

What is the ‘definition of done’?

(page 250)

A

Agile teams define what ‘done’ looks like throughout the project

Definitions of done are decided at the project release, and story levels

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61
Q

Quality of Deliverables & Products

Define grade

(page 250)

A

General classification of a product that can be used for various technical specifications

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62
Q

Quality of Deliverables & Products

What does gold plating mean?

(page 251)

A

Giving the customer extras ( extra functionality, higher-quality components, extra scope, or better performance)

It is often the team’s impression of what is valued by the customer. (The customer might not agree)

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63
Q

Quality of Deliverables & Products

What does continuous improvement involve?

(page 251)

A

Continously looking for ways to improve the quality of work, processes, and results

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64
Q

Quality of Deliverables & Products

What is the focus of total quality management (TQM)?

(page 251)

A

Finding ways to continuously improve the quality of products and business practices at every level of the organization.

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65
Q

Quality of Deliverables & Products

How much inventory is maintained in a just in time (JIT) environment? How does this affect attention to quality

(page 251)

A

Little inventory is maintained. It forces attention to quality as well as schedule

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66
Q

Quality of Deliverables & Products

According to the process group’s model, what processes are involved in quality management?

(page 252)

A
  1. Plan Quality management
  2. Manage quality
  3. Control quality
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67
Q

Quality of Deliverables & Products

What artifacts result from the plan quality management process?

(page 257)

A
  1. Quality management plan
  2. Quality metrics
  3. Update the project management plan and project documents.
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68
Q

Quality of Deliverables & Products

What artifacts result from the manage quality process?

(page 258)

A
  1. Test and evaluate documents
  2. Quality reports
  3. Change requests
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69
Q

Quality of Deliverables & Products

What are quality metrics?

(page 257)

A

Specific measures of quality that the project manager uses to determine how the project is performing compared to what was planned

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70
Q

Quality of Deliverables & Products

What artifacts result from the Control Quality process?

(p. 258)

A
  1. Quality control measurements
  2. Work performance information
  3. Update the project management plan and project documents
  4. Change requests
  5. Verified deliverables
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71
Q

Quality of Deliverables & Products

What does mutual exclusivity mean?

(page 258)

A

Two events are said to be mutually exclusive if they cannot both occur in a single trial (e.g. flipping a coin once cannot result in both a head and a tail)

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72
Q

Quality of Deliverables & Products

In what form is probability usually expressed?

(page 258)

A

As a decimal or a fraction

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73
Q

Quality of Deliverables & Products

What is normal distribution and how is it used?

(page 258)

A

Expressed as a chart that takes the shape of a bell curve and is used to measure variations away from the “norm”

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74
Q

Quality of Deliverables & Products

What is statistical independence?

(page 259)

A

The probability of one event occurring does not affect the probability of another event occurring (for example, the probability of rolling a six on a die is statistically independent from the probability of getting a five on the next roll)

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75
Q

Quality of Deliverables & Products

What does sigma signify in a process? What’s another name for sigma?

(page 259)

A

It is a measure of how far you are from the mean (not the median). Standard deviation.

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76
Q

Quality of Deliverables & Products

Name some methods used in plan quality management

(page 259 - 261)

A
  1. Interviews
  2. Brainstorming and benchmarking
  3. Decision-making
  4. Cost-benefit Analysis
  5. Cost of Quality
  6. Marginal Analysis
  7. Logical Data Models
  8. Matrix Representations
  9. Mind Mapping
  10. Prioritization Matrix
  11. Flowcharts
  12. Test and inspection planning
  13. Meetings
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77
Q

Quality of Deliverables & Products

Define benchmarking

(page 259)

A

Comparing the project to other projects or organizations to establish quality metrics and acceptable variance ranges, and measure quality

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78
Q

Quality of Deliverables & Products

Define cost-benefit analysis

(page 259)

A

Comparing the costs of an effort to the benefits of that effort to determine the appropriate quality level and requirements for the project.

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79
Q

Quality of Deliverables & Products

What does the cost of quality (COQ) do?

(page 260)

A

Ensures the project is not spending too much to achieve a particular level of quality

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80
Q

Quality of Deliverables & Products

What does a logical data model represent?

(page 260)

A

The types of data an organization needs to use in a particular application, and the relationships between those data types

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81
Q

Quality of Deliverables & Products

What does a flowchart shows?

(page 261)

A

How a process or system flows from beginning to end, how the elements interrelate, and alternative paths the process can take

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82
Q

Quality of Deliverables & Products

What is the purpose of test and inspection planning?

(page 261)

A

How the team will confirm that the required level of quality has been achieved in the completed project deliverables, and how the deliverables will be evaluated for performance and reliability.

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83
Q

Quality of Deliverables & Products

What is the purpose of marginal analysis?

(page 260)

A

Finding the point at which the benefits or revenue to be received from improving quality equals the cost to achieve it.

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84
Q

Quality of Deliverables & Products

What is a prioritization matrix used for?

(page 261)

A

To numerically rank available options. It is useful for decision analysis about quality management planning.

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85
Q

Quality of Deliverables & Products

What are some of the methods used in the manage quality process?

(page 261-264)

A
  1. Checklist
  2. Cause-and-effect (fishbone) diagrams
  3. Histograms
  4. Scatter Diagrams
  5. Document analysis
  6. Alternatives analysis
  7. Design of experiments (DOE)
  8. Process analysis
  9. Root coast analysis
  10. Failure analysis
  11. Multicriteria decision analysis
  12. Flowcharts
  13. Affinity Diagrams
  14. Audits
  15. Designs for X
  16. Problem-solving
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86
Q

Quality of Deliverables & Products

What is a cause-and-effect (fishbone) diagram?

(page 261)

A

A graphical tool used to confirm that policies and procedures are being followed and metrics are being used correctly, and that the procedures were adequate to produce the required level of quality in project deliverables.

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87
Q

Quality of Deliverables & Products

What is design of experiments?

(page 263)

A

A technique used to quickly discover optimal conditions in which to produce a quality deliverable.

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88
Q

Quality of Deliverables & Products

What is process analysis?

(page 263)

A

As part of the continuous improvement effort, it focuses on identifying improvements that might be needed in project processes.

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89
Q

Quality of Deliverables & Products

What is the purpose of failure analysis?

(page 263)

A

It analyzes failed components of deliverables or failed processes to determine what led to that failure.

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90
Q

Quality of Deliverables & Products

What is design for x used for?

(page 264)

A

Analyzing variables to evaluate both the effectiveness of the quality management plan and the team’s ability to meet objectives. It can help determine what changes are needed.

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91
Q

Quality of Deliverables & Products

Name some Control Quality methods

(page 264-266)

A
  1. Checklists
  2. Statistical Sampling
  3. Questionnaires and Surveys
  4. Performance Reviews
  5. Root cause analysis
  6. Inspection
  7. Control Charts
  8. Cause-and-effect (fishbone) diagrams
  9. Histograms and parents charts
  10. Checksheets
  11. Scatter Diagrams
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92
Q

Quality of Deliverables & Products

How does a Checksheet differ from a quality checklist?

(page 264 - 265)

A

Although a checksheet is a type of checklist, it’s primary purposes to keep track of data.

In Control Quality checklists are used to determine that all required features and functions are included, and that they meet acceptable criteria.

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93
Q

Quality of Deliverables & Products

What is statistical sampling?

(page 265)

A

Inspecting by testing only part of the population

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94
Q

Quality of Deliverables & Products

What is a control chart?

(page 264)

A

Control charts are used in Control Quality to help determine if the results of a process are within acceptable limits.

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95
Q

Quality of Deliverables & Products

What do specification limits represent on the control chart?

(page 265)

A

The customer’s expectations or contractual requirements for performance and quality on the project.

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96
Q

Quality of Deliverables & Products

What is a mean on a control chart?

(page 266)

A

The average-the middle of the range of acceptable variation

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97
Q

Quality of Deliverables & Products

How is a process defined as statistically out control?

(page 266)

A

A data point falls outside the upper or lower control limit.

There are non-random data points; these may be within the upper and lower control limits.

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98
Q

Quality of Deliverables & Products

What does out of control mean?

(page 266)

A

There is a lack of consistency and predictability in the process or its results.

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99
Q

Quality of Deliverables & Products

What is the rule of seven? What does it signify?

(page 266)

A

A group or series of non-random data points that total seven on one side of the mean.

The rule of seven indicates that although none of these points are outside of the control limits, they are not random and the process is out of control.

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100
Q

Quality of Deliverables & Products

What is an assignable cause/special cause variation?

(page 267)

A

An assignment cause or special cause variation signifies that the process is out of control.

If there is an assignable cause or special cause variation, it means a data point, or a series of data points, requires investigation to determine the cause of the variation.

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101
Q

Quality of Deliverables & Products

What is a Pareto chart?

(page 264)

A

A histogram that arranges the results from most frequent to least frequent to help identify which issues are resulting in the most problems. Problems that need the most immediate attention or that are most likely to prevent the project from achieving its quality requirements.

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102
Q

Quality of Deliverables & Products

What is a scatter diagram used for?

(page 264)

A

It is used to compare actual results to what was anticipated, and to estimate and forecast future outcomes based on this comparison

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103
Q

Quality of Deliverables & Products

What term describes how discovering quality issues early may decrease cost and rework that can impact a project?

(page 267)

A

Cost of change

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104
Q

Quality of Deliverables & Products

On Agile on hybrid projects, how does getting feedback on small increments of work as soon as possible help the project manager evaluated when there is an issue with quality?

(page 267)

A

Learning about quality issues early, when they are usually still small and minor, allows them to be corrected while they are still low on the cost of change curve.

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105
Q

Quality of Deliverables & Products

What is frequent verification (QC) and validation (UAT)?

(page 268)

A

Regular testing, short timeboxes, and reviews to meet the customer’s needs.

Used by agile teams as a way to discover and address human error or the misinterpretation of customer expectations, early and often.

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106
Q

Quality of Deliverables & Products

What is retrospective?

(page 268)

A

A meeting that may be held after a release or even the entire project

Most often refers to the meeting that is held at the end of each short, time-boxed iteration of product development.

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107
Q

Quality of Deliverables & Products

What is the difference between lead time and cycle time?

(page 269)

A

Lead time measures how long something takes to go through an entire process.

Cycle time measures how long something takes to go through just a part of the process

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108
Q

Quality of Deliverables & Products

Define Work in Progress (WIP) and throughput

(pages 268-269)

A

WIP (Work in progress) is the number of unfinished pieces of work going on at the same time.

Throughput is average time it takes to complete the work

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109
Q

Quality of Deliverables & Products

How can WIP and throughput be used to calculate cycle time?

(page 269)

A

Cycle time is a function of WIP and throughput and can be calculated by using the formula:

Cycle Time=WIP/Throughput

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110
Q

Quality of Deliverables & Products

What is defect cycle time?

(page 269)

A

Defect cycle time is the amount of time between the time the defect was introduced and the time it was fixed.

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111
Q

Quality of Deliverables & Products

Why is it important to create a safe and open environment?

(page 269)

A

Creating a safe and open environment will help the project team feel comfortable not just to do their work but to admit their problems, failures, and mistakes and ask for help so that the project can stay on track and save time and money.

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112
Q

Leadership Skills

How can a project manager create more productivity on a team?

(p 105)

A

By considering skills, learning styles, and motivations of the team and aligning project tasks and goals accordingly

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113
Q

Leadership Skills

List some of the differences between management and leadership

(p 105)

A

Management Focus
* Tasks/Things
* Control
* Efficiency
* Doing things right
* Speed
* Practices
* Command
Leadership Focus
* People
* Empowerment
* Effectiveness
* Doing the right things
* Direction
* Principles
* Communication

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114
Q

Leadership Skills

What is involved in critical thinking?

(p 106)

A
  • Gathering unbiased information
  • Responding logically, and without bringing more emotion to the situation
  • Resolving issues using analytical skills
  • Analyzing data to address the issue and choose the right path
  • Being aware of relationships and related patterns
  • Identifying when someone is off base with their reasoning.
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115
Q

Leadership Skills

What is emotional intelligence?

(p 106)

A

The ability to perceive, evaluate, and control emotions in self and other

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116
Q

Leadership Skills

Named the four primary duties a leader performs in the servant leadership role.

(p 107)

A
  • Makes sure team members stay on trach and have no unnecessary interruptions, and that work unrelated to the project does not get added.
  • Works to remove impediments to keep the team moving forward
  • Continually communicate the project vision so team members have a good understanding of the final goal
  • Gives the team everything they need to be productive and to stay motivated (rewards, compensation, support, encouragement etc)
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117
Q

Leadership Skills

What is the difference between centralized and distributed management and leadership?

(Page 107)

A

Centralized teams report to one leader, such as the project manager. Distributed management is when the team follows the leadership of several individuals.

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118
Q

Leadership Skills

How should communications flow on a project

(page 108)

A

Project communications occur internally and externally to the core project team - vertically (up and down the levels of their organization) and horizontally between peers.

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119
Q

Leadership Skills

What are the four types of communication?

(page 108)

A
  • Formal Written
  • Formal verbal
  • informal Written
  • informal verbal
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120
Q

Leadership Skills

What are the five Cs Of communication?

(page 110)

A
  • Correct grammar and spelling
  • Concise and well-written
  • Clear and purposeful
  • Coherent and logical
  • Controlled flow of words and ideas
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121
Q

Leadership Skills

Describe an interactive model of communication

(page 110)

A

Interactive communication includes three main components: the sender, the receiver, and the confirmation that the message is correctly understood.

Factors such as the receiver’s perception of the message, everyday destructions, or even lack of interest (also known as noise) can affect the way the receiver decodes a message

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122
Q

Leadership Skills

What is active listening?

(page 111)

A

The receiver confirms they are listening, accurately reflect back on the speaker’s remarks, expresses agreement or disagreement, and asks for clarification as necessary.

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123
Q

Leadership Skills

What is the difference between the gulf of execution and the gulf of evaluation?

(page 111 & 112)

A

The gulf of execution is related to how closely a feature or product can actually be implemented compared to what the user wants

The gulf of evaluation is a communication gap between the user and the developer.

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124
Q

Leadership Skills

What are possible communication blockers on a project?

(page 112)

A
  • Noisy surroundings
  • Distance between those trying to communicate
  • Improper encoding of messages
  • Language challenges
  • Culture
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125
Q

Leadership Skills

What are key considerations regarding communications technology?

(page 112)

A

Determining the optimal technology with which to communicate information.

Complexity of the information that needs to be communicated.

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126
Q

Leadership Skills

Define interactive, push, and pull communication methods

(page 113)

A

Interactive: The sender provides the information and recipients receive and respond to it

Push: The sender provides the information but does not expect feedback on the information

Pull: The sender places the information in a central location, and recipients are responsible for receiving it.

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127
Q

Leadership Skills

What is the formula for communication channels?

(page 114)

A

n(n-1)/2, n is the number of stakeholders

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128
Q

Leadership Skills

Define extrinsic and intrinsic motivation.

(page 114)

A

Extrinsic: external factors such as salary; they are limited and short-lived motivations

intrinsic: internal factors; they motivate people long-term

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129
Q

Leadership Skills

Describe the three categories of internal motivation

(page 114)

A
  1. Adonomy: The desire people have to direct their own lives
  2. mastery: The desire to improve, excel, learn, and do excellent work
  3. purpose: The intrinsic need for a sense of purpose
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130
Q

Leadership Skills

Name and explain the four motivation theories

(page 116)

A
  1. Theories of x y and z
    X: Managers believe workers are incapable
    Y: Employees can direct their own efforts
    Z: Linked to self-realization, values, and a higher calling
  2. Maslow’s hierarchy of needs: People are motivated by using their skills and contributing to the project
  3. McClelland’s theory of needs: People are motivated by one of three needs (Achievement, Affiliation, Power)
  4. Herzberg’s Two-factor theory of motivation: Hygiene factors are not sufficient to motivate people; motivating agents will keep people energized and engaged
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131
Q

Leadership Skills

Define each stage of the Shu-Ha-Ri model

(page 116)

A

Shu: Rules are learned and obeyed
Ha: Rules have been mastered through practice
Ri: Rules become second-nature

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132
Q

Leadership Skills

What is the Dreyfus model of Adult Skill Acquisition?

(page 117)

A

Proposes that adults learn new skills through five different stages: novice, advanced beginner, competent, proficient, and expert

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133
Q

Leadership Skills

What is the difference between I-shaped and T-shaped team members?

(page 117)

A

I-shaped team members specialize in one area, while T-shaped team members have a broad range of skills.

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134
Q

Leadership Skills

What’s two factors does the situational leadership II model focuses on?

(page 118)

A

Competence
Commitment

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135
Q

Leadership Skills

What is the OSCAR model?

(page 118)

A

A coaching tool that helps leaders define the goals for individualty numbers

It stands for outcome, situation, choices/consequences, actions, and reviews

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136
Q

Leadership Skills

According to the Tuckman ladder, what are the stages of team formation and development?

(page 119)

A
  1. Forming
  2. Storming
  3. Norming
  4. Performing
  5. Adjourning
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137
Q

Leadership Skills

What are the stages in the Drexter/Sibbet Team Performance model?

(page 120)

A

Step 1: Orientation, or “Why” (purpose of the project)
Step 2: Trust building, or “Who” (information is shared and learned)
Step 3: Goal clarification, or “What” (team elaborates on project information)
Step 4: Commitment, or “How” (team plans and achieves the project’s goals)
Step 5: Implementation (high-level plans are decomposed and deliverables are produced)
Step 6: High performance (team has reached a level of high performance)
Step 7: Renewal (team renews goal clarification, commitment, or other ways of working together)

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138
Q

Leadership Skills

What is a common method for increasing trust on agile projects?

(page 121)

A

Engage the team in the development of estimates

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139
Q

Leadership Skills

What is the value of negotiation?

(page 121)

A

Developing the team while working to build consensus on project decisions.

Including the team members in the decision-making process shows the project manager values and considers their input.

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140
Q

Leadership Skills

What is involved in influencing?

(page 121)

A

Actively listening to different viewpoints express waiting members. Acknowledging those different perspectives and using communication and persuasion skills helps the project manager develop mutual trust and eventually agreement within the team.

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141
Q

Leadership Skills

How can the training of the members positively impact the project?

(page 121)

A

Training can help decrease the overall project cost and schedule by increasing efficiency

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142
Q

Leadership Skills

What is the goal of coaching?

(page 121)

A

Is help to members stay on track, overcome issues, continually improve their skills, and achieve their goals.

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143
Q

Leadership Skills

Why is it valuable to provide recognition and rewards to team or individual team members?

(page 121)

A

In addition to recognizing past accomplishments, rewards provide incentive for ongoing achievements and efforts

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144
Q

Leadership Skills

List the most common sources of conflict on projects, in order of most to least common

(page 123)

A
  1. Schedule
  2. project priorities
  3. resources
  4. technical opinions
  5. administrative procedures
  6. cost
  7. personality
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145
Q

Leadership Skills

Name five conflict resolution techniques and their definition

(page 123)

A
  1. Collaborating ( Problem solving) a win-win situation
  2. compromising ( reconciling) a lose-lose situation
  3. withdrawal ( Avoidance)
  4. smoothing ( Accommodating)
  5. forcing ( directing) a win-lose situation
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146
Q

What are stakeholder expectations?

A

Beliefs about (or mental pictures of) the future
Some expectations will become requirements

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147
Q

Stakeholders

what is the theory behind the cost of change?

A

The closer the customer is engaged on the product design and development, the fewer costly changes that will come later. The cost of change rises over time while the ability to influence and sign falls.

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148
Q

Stakeholders

Definition of a stakeholder. Who are considered stakeholders on a project?

A

People or organizations who are positively or negatively affected by or can positively or negatively affect the project or the product of the project

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149
Q

Stakeholders

Once the steakholders are identified, how does the project manager ensure They are engaged throughout the project?

A
  1. Determine their requirements (documentation of what needs to be done)
  2. Determine their expectations (note documented the customer’s vision of the future)
  3. Determine their interest (concern about the project)
  4. Determine their level of influence (impact the project negatively or positively to some) and authority (ability to enforce decisions)
  5. Pland to engage them
  6. Plan how you will communicate with them
  7. Manage their expectations, influence, and engagement
  8. Monitor conmmunications and stakeholder engagemenr
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150
Q

Stakeholders

According to the Process Groups model, what processes are involved in stakeholder engagement?

A
  1. identify and analyze stakeholders
  2. plan stakeholder engagement
  3. manage stakehold engagement
  4. monitor stakehold engagement
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151
Q

Stakeholders

What are stakeholder expectations?

A

Beliefs about (or mental pictures of) the future. Some expectations will become requirements

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152
Q

Stakeholders

Why is it important to identify all stakeholders as early as possible on a project?

A

Stakeholders discovered late in the project will likely request changes, which can cause costly changes and delays or loss of benefits and value

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153
Q

Stakeholders

Name some tools and techniques of the identify Stakeholders process.

A
  1. Questionnaires and surveys
  2. Brainstorming and brain writing
  3. Stakeholder analysis
  4. Document analysis
  5. Stakeholder mapping
  6. Personas
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154
Q

Stakeholders

Give some examples of stakes a stakeholder may have

A
  1. Ownership: stakeholders may have to sell property for a proposed freeway expansion
  2. Knowledge: stakeholder may be the expert who designed a legacy inventory system that is being replaced
  3. Rights: stakeholder may be concerned that a new housing development will endanger the community by destroying the watershed or government official may be responsible for ensuring that the safety practices on a construction site
  4. Interest: the community may be concerned that project will negatively impact their community
  5. contribution: resource manager may be concerned to remember won’t be able to perform their normal operational work because of their additional Project work
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155
Q

Stakeholders

What is a persona?

A

A concise description of a real or imagined stakeholder model.

Created for agile projects to batter image how each type of stakeholder will use the end product.

May be based on a real persona or a combination of characteristics from several types of product users.

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156
Q

Stakeholders

What information about stakeholders might be included in a stakeholders register?

A
  1. Stakeholder’s name and title
  2. Supervisor
  3. Project role
  4. Contact information
  5. Major requirements and expectations
  6. Assessment information
  7. Impact and influence
  8. Attitude about the project
  9. Stakeholder classification
  10. Other relevant information
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157
Q

Stakeholders

Why is it important to build good relationships with stakeholders?

A

Close relationships with stakeholders can provide an early warning system for problems on the project.

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158
Q

Stakeholders

What are some of the methods that can be used for stakeholder engagement planning?

A
  1. Stakeholder engagement assessment chart
  2. Assumptions and constraints
  3. Root cause analysis
  4. Project elevator statement
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159
Q

Stakeholders

What is the data representation tool used to compare stakeholders’ current and desired level of engagement?

A

Stakeholder engagement assessment chart

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160
Q

Stakeholders

What is an elevator statement?

A

A short description of the project goals and benefits that allow the project manager to explain the project in the span of an elevator ride.

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161
Q

Stakeholders

What is included in a stakeholder engagement plan?

A

Existing and desired engagement levels for all stakeholders, including plans to achieve desired levels.

Details about ways in which stakeholders will be involved in the project.

Guidelines and metrics for monitoring and evaluating how well the plan is meeting the needs of stakeholders and the project.

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162
Q

Stakeholders

How does the stakeholder engagement plan differ from the communications management plan when it comes to documenting communication requirements?

A

The stakeholder engagement plan explains the importance of which stakeholders need to receive which information.
The communications management plan contains details about communications technology and methods.

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163
Q

Stakeholders

Name some methods for managing stakeholder engagement in an adaptive environment.

A
  1. Backlog refinement
  2. Timeboxes
  3. Daily standup
  4. Release planning
  5. Iteration planning
  6. Iteration review
  7. Retrospective
  8. Project review (e.g. review/refinement of velocity, flexible scope for change control)
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164
Q

Stakeholders

Name some agile information radiators used to keep stakeholders informed.

A
  1. Kanban boards (story boards)
  2. Release maps
  3. Bug walls/bug boards
  4. Continuous integration views
  5. Burndown/burnup charts
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165
Q

Stakeholders

Describe the role of a project owner on an agile project.

A

Participates in planning meetings, iteration reviews, and retrospectives.

Collaborates with the development team to prepare prioritized backlogs sufficient to develop small increments of product with each iteration.

Answers questions for the development team and prepares the backlog for the next iteration.

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166
Q

Stakeholders

What is the advantage of agile modeling when it comes to product development?

A

The customer gets a better idea of what their needs are, and the team understands better how to build it.

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167
Q

Stakeholders

Name some examples of agile modeling

A
  1. Personas
  2. Use case modeling.
  3. Process models
  4. Low-fidelity prototypes
  5. Wireframes
  6. High-fidelity prototypes
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168
Q

Procurement

According to the Process Groups model, what processes are involved in procurement management?

(p 322)

A
  1. Plan Procurement Management
  2. Conduct Procurements
  3. Control Procurements
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169
Q

Procurement

What is the difference between centralized and decentralized contracting?

(p 325)

A

Centralized: there is one procurement department, and the procurement manager handles procurements for many projects
Decentralized: There is no procurement department or procurement manager assigned, and the project manager may be responsible for the plan, as well as conducting all work on all procurements.

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170
Q

Procurement

Describe the project manager’s role in procurements

(p 326)

A
  1. Know the procurement process.
  2. Make sure the contract includes the scope of work and requirements.
  3. Be involved during contract negotiations.
  4. Define quality requirements.
  5. Investigate an issues and take corrective action
  6. Understand contract terms and conditions.
  7. Ensure all work in the contract is done.
  8. Work with the procurement department to manage contract changes.
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171
Q

Procurement

What are the three broad categories of contracts?

(p. 327)

A
  1. Cost-reimbursement (CR)
  2. Fixed-price (FP)
  3. Time and material (T&M)
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172
Q

Procurement

What is a purchase order?

(σελ 328)

A

A unilateral contract typically used for buying commodities

Purchase orders become contracts when the buyer accepts the terms

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173
Q

Procurement

What is an indefinite delivery, indefinite quantity (IDIQ) contract?

(σελ 329)

A

Provides for an indefinite number of goods and services within a fixed time and within a certain cost range.

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174
Q

Procurement

What is an agreement versus a contract?

(p 321)

A

Agreement: A document or communication that outlines internal or external relationships and their intentions

Contract: A type of written or verbal agreement typically created with an external entity, where there is some exchange of goods or services for some type of compensation (usually monetary); a contract forms the legal relationship between the entities.

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175
Q

Procurement

What is the difference between a buyer and a seller?

(p. 322)

A

The buyer is the company or person who purchases the goods or services

The seller is the company or person who provides the goods or services (may be called a contractor, subcontractor, supplier, designer, or seller)

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176
Q

Procurement

Who has the cost risk in a fixed-price contract?

(p. 329)

A

The risk is borne by the seller

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177
Q

Procurement

Who has the cost risk in a cost-reimbursable contract?

(p. 329)

A

The risk is borne by the buyer

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178
Q

Procurement

Name some types of contracts that can be used on an agile project

(p 331)

A

Graduated fixed-price
Fixed-price work packages
Not-to-exceed time and material
Early termination

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179
Q

Procurement

What is a standard contract?

(p. 332)

A

Contract drafted (or reviewed) by lawyers

Standard contracts generally do not require additional review if used for the purpose for which they were intended.

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180
Q

Procurement

What are some examples of special provisions?

(p. 332)

A

May include additions, changes, or deletions to a standard contract.

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181
Q

Procurement

What is a privity?

(p. 332)

A

A contractual relationship.

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182
Q

Procurement

When is a fixed-price contract used?

(p. 327)

A

When acquiring goods, products, or services with well-defined requirements or specifications.

183
Q

Procurement

Name the advantages and disadvantages of a fixed-price contract.

(p. 330)

A

Advantages: Less work for the buyer to manage; seller has a strong incentive to control costs; companies have experience with this type of contract; the buyer knows the total price before the work begins.

Disadvantages: Seller may try to make up profits by charging more; seller may try to not complete some of the procurement statement of work; requires more work for the buyer to write the procurement statement of work; can be more expensive than other types if the procurement statement of work is incomplete.

184
Q

Procurement

What is a time and material contract?

(p. 328)

A

he buyer pays on a per-hour or per-item basis

185
Q

Procurement

Name the advantages and disadvantages of a time and material contract

(p. 330)

A

Advantages: Can be created quickly; contract duration is brief

Disadvantages: Every hour or unit billed is profit for the seller; the seller has no incentive to control costs; appropriate only for small levels of effort on projects; requires a great deal of day-to-day oversight.

186
Q

Procurement

Define cost-reimbursable contract

(p. 328)

A

A contract where all the seller’s costs are reimbursed by the buyer

187
Q

Procurement

Name the advantages and disadvantages of a cost-reimbursable contract

(p. 330)

A

Advantages: Allows for a simpler procurement statement of work; usually requires less work to define scope; generally less costly

Disadvantages: Requires auditing seller’s invoiced; requires more work from the buyer; seller has only a moderate incentive to control costs; the total price is unknown.

188
Q

Procurement

What is a fixed-price work package?

(p. 331)

A

An agile contract that can be paid in increments when work packages are delivered, rather than paid as one lump sum at the end of the contract.

189
Q

Procurement

What does a sharing ration describe?

(p. 332)

A

How the cost savings or cost overrun will be shared as apportioned by percentage (e.g., 80/20, 80 percent buyer/20 percent seller)

190
Q

Procurement

What is a nondisclosure agreement?

(p. 332)

A

An agreement between the buyer and prospective sellers identifying the information or documents they will control and hold confidential, and who in the organization will have access to the confidential information.

191
Q

Procurement

What is a force majeure?

(p. 332)

A

A situation that can be considered an “act of nature” and is an allowable excuse for either party not meeting contact requirements.

192
Q

Procurement

What is the purpose of an incentive in a contract?

(p. 333)

A

Incentives are used to bring the seller’s objectives in line with the buyer’s and to motivate the seller towards efficiency. The buyer will provide an additional fee if the seller meets some cost, performance, or schedule objectives

193
Q

Procurement

What happens during the Plan Procurement Management process?

(p. 335)

A
  1. Perform make-or-buy analysis
  2. Create a procurement management plan
  3. Create a procurement strategy for each procurement
  4. Create a procurement statement of work for each procurement
  5. Select the appropriate contract type for each procurement
  6. Create the bid documents
  7. Determine the source selection criteria
194
Q

Procurement

Name the methods for planning procurement management

(p. 336)

A
  1. Make-or-Buy analysis
  2. Logistics and supply chain management: lead time for for materials and equipment to be purchased.
  3. Economic Measures.
  4. Source Selection Analysis
195
Q

Procurement

What is make-or-buy analysis?

(p. 336)

A

Deciding whether the performing organization should do the project work itself or outsource some or all of the work

196
Q

Procurement

What artifacts result from the Plan Procurement Management Process?

(p. 337)

A
  1. Procurement Management Plan
  2. Procurement strategy
  3. Procurement Statement of Work
  4. Source selection criteria
  5. Make-or-buy decision
  6. Selected types of bid documents
  7. Independent cost estimates
  8. Change requests
197
Q

Procurement

What is source selection analysis?

(p. 338)

A

Determines the criteria that will be used to select sellers

198
Q

Procurement

What is a procurement management plan?

A

A plan that documents how procurements will be planned, executed, and controlled.

199
Q

Procurement

What are the types of bid documents?

(p 338)

A
  1. Request for Information (RFI)
  2. Request for Proposal (RFP)
  3. Request for Quotation (RFQ)
  4. Invitation for a bid (IFB)
200
Q

Procurement

What are source selection criteria?

(p. 338)

A

The factors the buyer will use to evaluate responses from the sellers

201
Q

Procurement

When are source selection criteria created, and when are the used?

A

Created during the Plan Procurement Management Process

Used during the Conduct Procurements process to pick a seller

202
Q

Procurement

What does noncompetitive procurement mean?

(p. 339)

A

The work is awarded to a single source or a sole source without competition

202
Q

Procurement

what should a project manager watch out for during a bidder conference?

(p 340)

A
  1. Collusion
  2. Sellers not asking questions in front of the competition
  3. Making sure all the questions and answers are documented and distributed to all potential sellers
203
Q

Procurement

What is the purpose of proposal evaluation?

(p. 340)

A

Provides a basis to quantitatively evaluate proposals and minimize the influence of personal prejudices.

204
Q

Procurement

What does a weighting system do?

(p. 341)

A

Enables the buyer’s evaluation committee to analyze seller responses using the weighted source selection criteria

205
Q

Procurement

What is an independent cost estimate?

(p 341)

A

The buyer compares the seller’s proposed cost with an estimate created in-house or with outside assistance during procurement planning efforts

This allows the buyer to discover significant differences between what the buyer and seller intend in the procurement statement of work

206
Q

Procurement

What are the objectives of negotiation?

(p 342)

A

Obtain a fair and reasonable price
Develop a good relationship between the buyer and the seller.

207
Q

Procurement

What is required for a legal contract?

(p. 342)

A
  1. Offer
  2. Acceptance
  3. Consideration (μεταφορά κάτι αξίας, αλλά όχι απαραίτητα χρήματα)
  4. Legal Capacity (ξεχωριστές νομικές οντότητες που είναι όλες νομικά ικανές).
  5. Legal purpose (δεν υπάρχει νόμιμη, επικυρώσιμη σύμβαση για την πώληση παράνομων αγαθών ή υπηρεσιών)
208
Q

Procurement

What is a contract change control system?

(p 342)

A

A system that is described in the contract and includes change procedures, forms, dispute resolution processes, and tracking systems

209
Q

Procurement

Name methods that can be used during the Control Procurements process

(p 345)

A
  1. Performance reviews (analyzing available data to verify the seller performs as they should)
  2. Inspections & audits
  3. Earned value analysis (variances from the performance measurement baseline)
  4. Trend analysis (performance is getting better or worse)
210
Q

Procurement

What is the purpose of a performance review during Control Procurements?

(p 345)

A

To verify that the seller is performing as they should by analyzing all available data

211
Q

Procurement

What is involved in an inspection regarding procurements?

(p 345)

A

Inspections may involve walkthroughs of the work site or deliverables reviews to verify compliance with the procurement statement of work

Variances or deviations may trigger change requests

212
Q

Procurement

What is involved in an audit regarding procurements?

(p 345)

A

An audit is to confirm that the seller’s activities comply with approved procurement policies and processes

Variances are identified, formal adjustments are made accordingly, and lessons learned are captured.

213
Q

Procurement

What can trend analysis help determine?

(p 345)

A

Whether performance is getting better or worse

If preventive actions can prevent significant variances in the future

It can help to develop forecast estimates and estimate at completion

214
Q

Procurement

Why might there be conflict between the procurement manager and the project manager?

(p 345)

A

The procurement manager is the only one with the power to change the contract

215
Q

Procurement

What would be reasons for termination of a contract?

(p 347)

A

Cause: The buyer may terminate a contract for cause if the seller breaches the contract (does not perform according to the contract)

Convenience: The buyer can also terminate the contract before the work is complete because they no longer want the work done (termination for convenience)

216
Q

Procurement

What is a constructive change?

(p 346)

A

A change that occurs when the buyer, through actions or inactions, limits the seller’s ability to perform the work according to the contract

217
Q

Procurement

What does a records management system do?

(p 347)

A

Keeps procurement documentation complete, organized, and accessible

218
Q

Procurement

What is involved in closing a procurement?

(p 347)

A

Tying up all the loose ends
Verifying all work and deliverables are accepted
Finalizing open claims
Financial closure (ensuring payment)

219
Q

Procurement

What is the difference between procurement closure and project closure?

(p 347)

A

Project closure: closing out a project or phase

Procurement closure: completing only that particular part of scope that has been procured through a third party

220
Q

Procurement

When are procurements considered closed?

(p 347)

A

When a contract is completed

When a contract is terminated before the work is completed

221
Q

Procurement

What needs to be done for procurement closure?

A

Product validation
Procurement negotiation
Financial closure
Procurement process audit
Updated to records
Final contract performance reporting
Creation of procurement file

222
Q

Project Management Foundations

what is operational work?

(p 53)

A

Ongoing work to support the business and systems of the organization

223
Q

Project Management Foundations

What is the definition of a project?

(p. 54)

A

Temporary endeavor - with a beginning and an end

Creates a unique product, service, or result

224
Q

Project Management Foundations

Why is a project undertaken?

(p. 54)

A

To drive a change in a product or process from a current state to a future state, to achieve a specific objective

To create business value for the organization and its stakeholders

225
Q

Project Management Foundations

What is the difference between a program and a portfolio?

(p 54)

A

A program is a group of related, sub-projects and other program-related activities, organized and managed into a coordinated set of efforts.

A portfolio is a group o programs, projects, and related operational work, all prioritized and implemented to achieve a specific business objective.

226
Q

Project Management Foundations

What is organizational project management (OPM)?

(p 55)

A

A framework that guides portfolio. program, and project management to achieve the organization’s strategic goals

227
Q

Project Management Foundations

What is governance?

(p. 55)

A

Governance is designed to support the specific culture and attributes of the organization

Organizational governance refers to the overall structure of an organization (policies and procedures for how the work will be done)

Project governance must be determined so that the project is in agreement with organizational governance.

228
Q

Project Management Foundations

Define the three primary formats of organizational structure

(p 56)

A
  1. Functional: the organization is grouped by areas of specialization (e.g. accounting and marketing)
  2. Project-oriented: the company is organized by project; the team has no department to go to at project end; the project manager has control of the project
  3. Matrix: attempts to maximize the strengths of both the functional and project-oriented structures; team members report to two managers and do project work in addition to normal departmental work
229
Q

Project Management Foundations

What is the difference between a strong matrix and a weak matrix?

(p. 56)

A

in a strong matrix, the balance of power rests with the project manager while in a weak matrix, power rests with the functional manager and the project manager serves as a coordinator (has some authority and can make some decisions but reports to a higher-level manager) or expediter (organizes communications an assists administratively but canno5t make or enforce decisions)

230
Q

Project Management Foundations

What are the three possible forms of a PMO?

(p 58)

A

Supporting: provides the policies, methodologies, templates, and lessons learned for projects within the organization. It typically exercises a low level of control over projects.
Controlling: provides support and guidance on how to manage projects, trains others in project management software and other tools, and ensures compliance with organizational policies. It typically has a moderate level of control over projects
Directive: provides project mangers for different projects and is responsible for the results of those projects. All projects, or projects of a certain size, type, or priority are managed by this office. A directive PMO has s high level of control over projects

231
Q

Project Management Foundations

What is the role of the value delivery office (VDO)?

(p 58)

A

In an adaptive environment, it helps enable project management.

232
Q

Project Management Foundations

What is the difference between present value and net present value?

(p, 60)

A

Present value is the value today of future cash flows

Net present value is the present value of the total benefits (income or revenue) minus the costs over many time periods

233
Q

Project Management Foundations

Name some economic measures for project selection

(p. 56-57)

A

Return on investment
Present Value
Net Present Value
Internal rate of return
Payback period
Cost-Benefit analysis

234
Q

Project Management Foundations

During project selection, what does economic value added (EVA) determine?

(p. 63)

A

Whether the project returns more value than it costs

235
Q

Project Management Foundations

What is opportunity cost?

(p. 63)

A

The opportunity given up by selecting one project over another

236
Q

Project Management Foundations

What are sunk costs

(p. 63)

A

Expected costs - what has already been spent

Sunk costs should not be considered when deciding whether to continue with a troubled project.

237
Q

Project Management Foundations

What is the idea behind the law of diminishing returns?

(p. 63)

A

Adding more input (for example, programmers) will not produce a proportional increase in productivity (such as modules of code per hour)

238
Q

Project Management Foundations

What is working capital?

(p. 63)

A

An organization’s current assets minus its current liabilities

239
Q

Project Management Foundations

What are the types of depreciation?

(p. 63)

A

Straight-line: the same amount of depreciation is taken each year

Accelerated: depreciates faster than straight-line depreciation

240
Q

Project Management Foundations

what are organizational process assets (OPAs)?

(p. 64)

A

Company processes, procedures, and policies

Organizational knowledge repositories (historical information, lessons learned)

241
Q

Project Management Foundations

Give some examples of historical information

(p. 64)

A

Activities
WBSs
Backlogs
Benchmarks
Reports
Risks and risk response plans
Estimates
Retrospective findings
Resources used
Project management plans
Project documents
Prototypes
Baselines
Correspondence

242
Q

Project Management Foundations

What are enterprise environmental factors (EEFs)?

(p. 65)

A

An organization’s culture, technology, and external governmental standards, rules, and regulations.

243
Q

Project Management Foundations

What is an assumptions log?

(p. 65)

A

A repository of both assumptions and specifics related to constraints

244
Q

Project Management Foundations

List project constraints that may occur throughout the life of a project

(p. 65)

A
  1. Schedule
  2. Cost
  3. Risk
  4. Scope
  5. Quality
  6. Resources
  7. Customer Satisfaction
245
Q

Project Management Foundations

What is a project management information system (PMIS)?

(p. 67)

A

The PMIS includes automated tools, such as scheduling software, a configuration management system, shared workspaces for files storage or distribution, work authorization software, time-tracking software, and procurement management software, as well as repositories for historical information.

It is used in many planning, executing, and monitoring and controlling processes

246
Q

Project Management Foundations

Describe the functions of work performance data, work performance information, and work performance reports.

(p. 68)

A

Work performance data: measurements and details about activities gathered during the Direct and Manage Project Work process

Work performance information: work performance data that is analyzed to make sure it conforms to the project management plan and to assess what it means for the project as a whole

Work performance reports: Work performance information that is organized and distributed to the various stakeholders who need top receive and possible act on the information.

247
Q

Project Management Foundations

Name some frequently used project management tools and techniques

(p. 66-67)

A

Data Gathering
Data analysis
Data representation
Decision-making
Communication
Interpersonal and team skills
Project Management information System (PMIS)
Expert Judgment
Meetings

248
Q

Project Management Foundations

When is a meeting most useful?

(p. 67)

A

When getting input or feedback from groups of people

249
Q

Project Management Foundations

Name and describe the role of the agile team leader

(p. 69)

A

A servant leader whose responsibility is to ensure that the adaptive methods and processes to be used on the project are well understood and being followed, and to help the team by removing impediments to building and delivering the product of the project

The agile coach, team leader, or scrum master

250
Q

Project Management Foundations

Describe the role of the project manager in a predictive environment

(p 68)

A

Ensures the project meets objectives related to communications, stakeholders, risk, quality, and procurement management

Directs and contributes to planning

Manages the team’s work and physical resources while the team works to build the product of the project

251
Q

Project Management Foundations

What is the role of the sponsor/initiator?

(p 70)

A

In a predictive environment, a sponsor is typically someone in management who provides the financial resources for the project and supports the project and protects if from unnecessary changes.

In an agile environment, the product owner’s roles is in some ways analogous to that of a sponsor, being responsible for ensuring the project delivers value and benefits.

252
Q

Project Management Foundations

Who are the stakeholders?

(p 70)

A

Anyone who will be impacted by the project or may positively or negatively impact the project

253
Q

Integration

What is the purpose of integration management?

(p 77)

A

To pull all the pieces of project together into a cohesive hole, the processes, people, and goals for which the project was undertaken

254
Q

Integration

What is the Develop Project Charter process?

What are its outputs?

(p 80)

A

Creating the project charter, which involves planning the project at a high level to assess whether it is feasible within the given constraints.

Outputs:
Project charter
assumptions log

255
Q

Integration

What is included in a project charter?

(p. 82)

A
  1. Project title and description
  2. Project manager assigned an authority level
  3. Business case
  4. Preassigned resources
  5. Key stakeholder list
  6. High-level product description and key deliverables
  7. High-level assumptions
  8. High-level constraints
  9. Measurable project objectives
  10. Project approval requirements
  11. Overall, project risks
  12. Project exit criteria
256
Q

Integration

In an agile environment, where should scope, schedule, and risk plans be incorporated?

(p 85)

A

In the product backlog and release roadmaps.

257
Q

Integration

What is a project life cycle?

(p 86)

A

Describes the phases of work on a project to produce the deliverables

258
Q

Integration

What happens during a management review?

(p 86)

A

Management and stakeholders will compare project progress to what was planned and identified needed changes to any of the management plans.

259
Q

Integration

What is tailoring, and when is it done?

(p. 86)

A

Determining the extent to which process need to be used based on the needs of the project.

It’s part of developing the project management plan during project planning

260
Q

Integration

Name the individual management plans.

(p. 86)

A
  1. Scope
  2. schedule
  3. cost
  4. quality
  5. resources
  6. communication
  7. risk
  8. procurement
  9. stakeholders
261
Q

Integration

What is the purpose of baselines?

What three elements make up the performance measurement baseline?

(p 86)

A

Used to analyze and report project performance.

The three elements that make up the performance measurement baseline are:
1. Schedule baseline
2. Scope baseline
3. cost baseline

262
Q

Integration

What is included in a project management plan?

(p. 86)

A
  1. Project life cycle
  2. tailoring
  3. development approach
  4. management reviews
  5. Individual management plans
  6. Performance measurements baseline
  7. requirements management plan
  8. change management plan
  9. configuration management plan
263
Q

Integration

What is the purpose of the requirements management plan?

(p 87)

A

It defines how requirements will be gathered, analyzed, Prioritized, evaluated and documented, as well as how the requirements will be managed and controlled throughout the project

264
Q

Integration

What is a change management plan?

(p 87)

A

The change management plan describes how changes will be managed and controlled

265
Q

Integration

What is the develop project management plan process?

What is its output?

(p 87)

A

The process of creating a project management plan that is bought into, approved, realistic, and formal.

Output: project management plan

266
Q

Integration

How do the project manager and product owner ensure that the project plan is viable?

(p 87)

A

Via the prioritization of the backlog and through a timeshare product roadmap

267
Q

Integration

What are project documents? Name some examples Of project documents.

(p 89)

A

Any project-related documents that aren’t part of the project management plan, including
1. Project charter
2. assumptions log
3. issue log
4. estimates
5. Lessons learned register
6. team charter
7. schedule and resource calendars.
8. Reports (quality, risk etc.)
9. resource requirements
10. requirements documentation
11. change log
12. agreements.
13. Contracts
14. statements of work
15. Risk register
16. forecasts
17. quality metrics

268
Q

Integration

What is a kickoff meeting?
When does it occur?

(p. 89)

A

A meeting of the key parties involved in the project to announce the start of the project, to ensure everyone is familiar with its details, including objectives and roles and responsibilities, and to ensure a commitment to the project from everyone. It takes place before the develop project management plan process is completed

269
Q

Integration

What are the key outputs of the Direct and Manage Project Work process?

(p 90)

A
  1. Issue log
  2. Deliverables
  3. Work performance data
  4. New change requests
  5. Updates to the project management plan and project documents.
270
Q

Integration

What is the work authorization system?

(p 90)

A

It keeps the team and functional managers informed of upcoming work assignments and milestones

271
Q

Integration

What is the record for successful knowledge management?

(p 91)

A

An organizational culture of trust in which the project manager and stakeholders exchange knowledge without fear of judgment

272
Q

Integration

What are the types of knowledge?

(p 91)

A

There are 2 types of knowledge:

  1. Explicit knowledge is fact-bawd and can be easily communicated through words and symbols
  2. Test knowledge may provide context or explanation to explicit knowledge. It is not easily documented. It includes emotions, experience, and ability, which are difficult to communicate in words and symbols but can be learned.
273
Q

Integration

What is osmotic communication?

(p 92)

A

Phenomena of communication and knowledge sharing being facilitated and enhanced simply by team members being in proximity to one another.

274
Q

Integration

Describe the function of lessons learned as an input and as an output to project work

(p 92)

A

As an input, lessons learned help improve the current project. As an output, they help make the organization better.

275
Q

Integration

What are the key outputs of the monitor and control project work process?

(p. 93)

A
  1. Change requests
  2. Work performance reports
  3. Updates to the project artifact
276
Q

Integration

Describe the three main categories of change requests

(p 94)

A

Corrective Action: actions taken to bring expected future project performance in line with the project management plan

Preventive Action: actions taken to deal with anticipates or possible deviations from the performance measurement baseline and other metrics

Defect repair: rework required when a component of the project does not meet reequipments

277
Q

Integration

In an agile environment, when does the team implement changes?

(p 95)

A

Accommodating changes in an agile environment is assumed to be an ongoing part if the project management process

278
Q

Integration

What is the key focus of integrated change control?

(p 95)

A

To look at the impact of each change on all the project constraints, the value of which is to reduce the potential risk of not fulfilling project objectives

279
Q

Integration

What is a change control board?
Who might be on a change control board?

(p 96)

A

The group responsible for reviewing and analyzing the change requests in accordance with the change management plan for the project

May include the project manager, customer, experts, sponsor, functional managers, and others

For the exam, assume that most plan-based projects have changed control boards.

280
Q

Integration

What steps are involved in the process for making changes to a project?

(p 96)

A

Evaluate the impact: evaluate (assess) the impact of the change on all aspects of the project

Identify options: this can include cutting other activities, compressing the schedule by crashing or fast tracking, or looking at other options.

Get the change request approved internally (through the CCB)

Get customer buy-in (if required)

281
Q

Integration

Who has decision-making authority for making major changes in an agile or hybrid environment?

(p 98)

A

The product owner, although everyday decisions and minor changes are managed within the team

282
Q

Integration

What does the project manager need to do during the close project or phase process?

(p 99)

A

Get formal acceptance of the project and its deliverables, issue a final report that shows the project has been successful, issue the final lessons learned, and index and archive all the project records

283
Q

Integration

What is the definition of a transition?

(p 100)

A

Handing off the product to the customer or operations

284
Q

Build and Support Team Performance

According to the Process Groups model, what processes are involved in resource management?

(p. 126)

A
  1. Plan Resource Management
  2. Estimate Activity Resources
  3. Acquire Resources/Team
  4. Develop Team
  5. Manage Team
  6. Control Resources
285
Q

Build and Support Team Performance

What is the difference between a RAM chart and a RACI chart?

(p 131)

A

The Responsibility Assignment Matrix (RAM) chart cross-references team members with the activities or work packages they are to accomplish.

The RACI chart defines role assignments more clearly by noting how team members are to be involved with four categories: Responsible (R), Accountable (A), Consulted (C), Informed (I)

286
Q

Build and Support Team Performance

What is the purpose of an organizational breakdown structure?

(p 131)

A

To assign project responsibilities to divisions or departments within the organization, such as IT or marketing.

287
Q

Build and Support Team Performance

What is the purpose of a resource breakdown structure (RBS)?

A

To break the work down by type of resource needed

288
Q

Build and Support Team Performance

What is organizational theory?

(p 132)

A

Organizational theory is a method to study organizations to identify how they solve problems and how they maximize efficiency and productivity and meet the expectations of stakeholders.

289
Q

Build and Support Team Performance

What artifacts result from the Plan Resource Management process?

(p 132-133)

A
  1. Resource Management Plan
  2. Team Charter
  3. Updates to project documents
290
Q

Build and Support Team Performance

What are the components of a resource management plan?

(p 132)

A
  1. Human Resources Management Plan
  2. Recognition Plan
291
Q

Build and Support Team Performance

What is the purpose of a team charter?

(p 133)

A

A working agreement developed by the members of the project team, it describes the approach the team will take regarding communications, decision-making, and conflict resolutions, as well as ground rules for team meetings

292
Q

Build and Support Team Performance

What is the purpose of a resource histogram?

(p 134)

A

It provides a method for visualizing resource requirements and comparing required resources to their availability to better enable estimating.

293
Q

Build and Support Team Performance

What is the purpose of resource leveling?

(p. 134)

A

To minimize the peaks and valleys of resource usage during a project

294
Q

Build and Support Team Performance

Name some of the types of team configurations

(p 137)

A
  1. Dedicated
  2. Part-time
  3. Partnerships
  4. Virtual Teams
  5. Pre-assigned
  6. Agile
295
Q

Build and Support Team Performance

What is pre-assignment?

(p 138)

A

Resources that are assigned before the project begins

296
Q

Build and Support Team Performance

What is it called when there is a tendency to rate team members high or low on all criteria due to the impression of a high or low rating on one specific criterion?

(p. 138)

A

Halo Effect

297
Q

Build and Support Team Performance

What are the methods for acquiring resources?

(p. 138)

A
  1. Multicriteria decision analysis
  2. Interpersonal and team skills
  3. Pre-assignment
  4. Virtual teams
298
Q

Build and Support Team Performance

What artifacts result from the Acquire Resources process?

(p. 139)

A
  1. Resource assignments
  2. Project or work assignments
  3. Resource calendars
  4. Updates to the project management plan and project documents
299
Q

Build and Support Team Performance

What are some of the methods for developing a team?

(p. 140)

A
  1. Colocation
  2. Virtual Teams
  3. Interpersonal and team skills
  4. Recognition and rewards
  5. Training
  6. Individual and team assessments
  7. Communications technology for virtual teams
300
Q

Build and Support Team Performance

What are the responsibilities of the project manager when it comes to team building?

(p. 140)

A
  1. Guide, manage, and improve the interactions of team members.
  2. Improve trust and cohesiveness among team members
  3. Incorporate team-building activities into project activities
  4. Ensure the project vision is clear and continue to communicate that vision when necessary
  5. Ensure roles and responsibilities are clearly defined
301
Q

Build and Support Team Performance

What are some characteristics of team building?

(p. 140)

A

Team building requires a concerted effort and continued attention throughout the life of the project

Team building should start early in the life of the project

302
Q

Build and Support Team Performance

What traits can a project manager model to create a positive work environment?

(p. 140)

A
  1. Transparency
  2. Integrity
  3. Respect
  4. Positive interactions
  5. Support
  6. Courage
  7. Celebrating successes
303
Q

Build and Support Team Performance

What is colocation?

(p. 141)

A

The entire team has offices together in one place or one room

304
Q

Build and Support Team Performance

What are the challenges of a virtual team?

(p 141)

A

Finding ways to create “virtual colocation” - to replicate the benefits of face-to-face collaboration, osmotic communication, tacit knowledge, and improved relationships that come from working near ach other.

305
Q

Build and Support Team Performance

Name some communications technology tools that can help a team keep in touch during a project.

(p. 141)

A
  1. Video-conferencing and live chats
  2. Interactive Whiteboards
  3. Instant Messaging
  4. Presence-based Applications
  5. Virtual Kanban Boards
306
Q

Build and Support Team Performance

What is a team performance assessment?

What are project performance appraisals?

(p. 141-142)

A

Team performance assessment: An assessment by the project manager meant to evaluate and enhance the effectiveness of the project team

Project performance appraisals: Evaluations of the performance of individual team members

307
Q

Build and Support Team Performance

What are key performance indicators?

(p 142)

A

Measures used to review project performance

308
Q

Build and Support Team Performance

List some common key performance indicators used on agile projects

(p. 142)

A
  1. Rate of progress
  2. Remaining work
  3. Likely completion date
  4. Likely costs remaining
309
Q

Build and Support Team Performance

What artifacts result from the Develop Team process?

(p 143)

A
  1. Team performance assessments
  2. Change requests
  3. Project management plan updates
  4. Project documents updates
  5. Organizational process assets updates
310
Q

Build and Support Team Performance

What are some of the key actions a project manager can take to help team members sustain high performance?

(p 144)

A
  1. Trach and evaluate team performance.
  2. Provide leadership.
  3. Mentor team members.
  4. Plan and facilitate career development.
  5. Deal with team issues.
  6. Look for conflicts team members cannot resolve on their own.
  7. Facilitate conflict resolution.
  8. Negotiate and influence.
  9. Adjust plans based on performance data.
  10. Manage risks to team success.
  11. Observe what is happening.
  12. Use an issue log to track resolution
311
Q

Build and Support Team Performance

What are the burndown and burnup charts?

(p 144)

A

Burndown and burnup charts are a way to track team performance

A burndown chart tracks the work yet to be down on a project, while a burnup chart tracks the work that has been completed.

312
Q

Build and Support Team Performance

What artifacts result from Manage Team Process?

(p 145)

A
  1. Change requests
  2. Project management plan updates
  3. Project document updates
  4. Enterprise environmental factors updates.
313
Q

Build and Support Team Performance

What is an issue log?

(p. 145)

A

A record that facilitates the assessment of the causes of issues, the impact of issues on scope, schedule, cost, risk, and other aspects of the project, and the recommendation of corrective actions that could be taken.

314
Q

Schedule

What is a lag? What is a lead?

(p. 189)

A

Lag: Waiting time inserted between activities

Lead: How soon an activity can start before its predecessor activity is completed

315
Q

Schedule

What are milestones?

(p. 190)

A

Identified points in the project schedule where particular objectives should be met

316
Q

Schedule

According to the Process Groups model, what processes are involved in schedule management?

(p 191)

A
  1. Plan Schedule Management
  2. Define Activities
  3. Sequence Activities
  4. Estimate Activity Durations
  5. Develop Schedule
  6. Control Schedule
317
Q

Schedule

What are the results of a properly planned and managed project?

(p 192)

A
  1. All or most deliverables are completed and delivered in the planned timeframes, within budget and with the agreed quality attributes
  2. The number of changes to the project are within expectations
  3. Project outputs are largely accepted and stakeholders seem satisfied
  4. The cadence of development, testing, and implementations is appropriate to the specific project and to the development approach and life cycle selected
  5. Measurements indicate the project is performing as planned
  6. Projects benefits can be realized in the timeframe they were planned for
318
Q

Schedule

What key artifact results from the Plan Schedule Management process?

A

Schedule management plan (formal or informal)

319
Q

Schedule

How is decomposition used in the Define Activities process? How is this different than decomposition done during the Create WBS process?

A

Work packages are being broken down into activities. In Create WBS, deliverables are being broken down into work packages (smaller deliverables)

320
Q

Schedule

What artifact results from the Sequence Activities process?

(p 194)

A

Project schedule network diagram

321
Q

Schedule

What do network diagrams show?

(p. 194)

A

The network diagram shows just dependencies between activities
If estimates and leads and lags are added to the diagram later in the schedule management process, it can also show the critical path
If plotted out against time (is made calendar-based), the network diagram is a time-scaled schedule network diagram

322
Q

Schedule

What are the four types of logical relationships between activities in the precedence diagramming method?

4 types of logical relationships between activities

(p 195)

A

Finish-to-start (FS): An activity must finish before the successor ca start
Start-to-start (SS): An activity must start before the successor can start
Finish-to-finish (FF): An activity must finish before the successor can finish
Start-to-finish (SF): An activity must start before thee successor can finish

323
Q

Schedule

What are mandatory dependencies?

Dependencies to concider when sequencing activities

A

The order in which activities must be done, due to the inherent nature of the work or as required by a contract . Also called hard logic.

324
Q

Schedule

What are discretionary dependencies?

Dependencies to concider when sequencing activities

(p. 195)

A

The order in which the organization had chosen to have work performed. Also called preferred, preferential, or soft logic.

325
Q

Schedule

Define external dependencies and internal dependencies

Dependencies to concider when sequencing activities

(p 195)

A

External: Dependencies based on the needs of a party outside the project

Internal: dependencies based on the needs of the project; may be under the control of the project team

326
Q

Schedule

What artifacts result from the Estimate Activity Durations process (predictive environment)?

Estimate how long ecah activity will take, 3 answers

(p 197)

A
  1. Activity attributes
  2. Basis of estimates
  3. Updates to project documents
327
Q

Schedule

What artifacts result from activity estimating in an adaptive environment?

4 results

(p 197)

A
  1. Prioritized backlog of user stories
  2. Coarse-grained estimates of user stories
  3. Release goal focused on customer value
  4. Target release date or release number
328
Q

Schedule

What are some inputs to Estimate Activity Durations?

8 inputs

(p. 198)

A
  1. Activity lists and activity attributes
  2. Assumption log
  3. Lessons learned register
  4. Resource breakdown structure
  5. Resource requirements
  6. Project team assignments
  7. Resource calendars
  8. Risk register
329
Q

Schedule

What is padding? What is the problem with padding?

(p. 198)

A

A pad is extra time or cost added to an estimate because the estimator does not have enough information or feels insecure about their estimating

Padding undermines the ability to develop a realistic schedule and budget

330
Q

Schedule

What is analogous estimating (top-down)?

Methods for Predictive Estimating (can apply to adaptive as well)

(p. 199)

A

Analogous estimating uses expert judgment and historical information to estimate

331
Q

Schedule

What is required for bottom-up estimating?

Methods for Predictive Estimating

(p. 199)

A

An accurate WBS

332
Q

Schedule

What is parametric estimating?

Methods for Predictive Estimating (x per y)

(p. 199)

A

Parametric estimating involves creating a mathematical equation using data from historical records or other sources, such as industry requirements or standard metrics, to create estimates.

333
Q

Schedule

What tools might an estimator use to create parametric estimates?

Methods for Predictive Estimating

(p. 200)

A

Regression analysis (Scatter Diagram) or a learning curve (by example)

334
Q

Schedule

What is the difference between triangular distribution (simple average) and beta distribution (weighted average)?

Methods for Predictive Estimating

(p. 200/201)

A

Triangular distribution is a simple average giving equal weight to each of the three-point estimates when calculating the expected activity duration or cost; it uses the formula (P+O+M)/3

Beta distribution is a weighted average that gives stronger consideration to the most likely estimate; it uses the formula (P+4M+O)/6

335
Q

Schedule

What are some estimated techniques used in an agile environment?

Methods for Adaptive Estimating

(p. 203/204)

A
  1. Affinity estimating (το παράδειμα με τα φρούτα)
  2. T-shirt sizing
  3. Planning Poker
336
Q

Schedule

What is the difference between T-shirt sizing and Planning Poker?

Methods for Adaptive Estimating

A

They are both adaptive estimating techniques, but T-shirt sizing assigns effort and number of user stories of each feature in terms of T-shirt sizes, while Planning Poker uses cards to assign a relative unit (such as story points) to each user story with the goal of building an agreed-upon estimate of the work.

337
Q

Schedule

What are the two types of reserves being evalutated in reserve analyisi?

Methods of Data Analysis

(p 205)

A
  1. Contingency reserves (PM)
  2. Management reserves (Sponsor)
338
Q

Schedule

What is alternatives analysis?

Activity estimates not acceptable within constraints of the project

(p. 205)

A

Alternative analysis involves evaluation the impact of each option on project constraints, including financial investment versus time saved and level of risk.

This process will result in the determination of the best approach to completing project work within the constraints

339
Q

Schedule

What is first of five?

Methods of Decision Making

(p. 206)

A

A voting technique where team members show their level of support by holding up zero to five fingers. Voting is repeated untill everyone in the group indicates their support by showing at least three fingers

340
Q

Schedule

What is a schedule model?

Develop Schedule

(p. 207)

A

The schedule model consists of all the project data that will be used to calculate the schedule, such as the activities, duration estimates, dependencies, and leads and lags. The project schedule is an output of the schedule model.

341
Q

Schedule

What is the critical path method?

Schedule Network Analysis

(p. 208)

A

Determining the longest duration path through the network diagram, the earliest and latest an activity can start, and the earliest and latest it can be completed

342
Q

Schedule

What is near-critical path?

Schedule Network Analysis

(p 209)

A

The path closest in duration to the critical path; the closer in length the critical and near=critical paths are, the more the risk to the project

343
Q

Schedule

Define total float, free float, and project float

Schedule Network Analysis

(p. 209)

A
  1. Total Float: The amount of time an activity can be delayed without delaying the project end date or an intermediary milestone
  2. Free float: The amount of time an activity can be delayed without delaying the early start date of its successor(s)
  3. Project float: The amount of time the project can be delayed without delaying the externally imposed project completion date required by the customer or management (also referred to as positive total float)
344
Q

Schedule

What are the two formulas for calculating float?

(p. 209)

A
  • Late start (LS) - Early start (ES)
  • Lat finish (LF) - Early Finish (EF)
345
Q

Schedule

What is the difference between crashing and fast tracking?

Methods for Schedule Compression

(p. 214)

A

Crashing involves adding or adjusting resources in order to compress the schedule while maintaining the original project scope, while fast-tracking involves compressing the schedule by doing more critical path activities in parallel

346
Q

Schedule

What is Monte Carlo analysis?

3 point estimation

(p. 218)

A

A technique that uses computer software to simulate the outcome of a project, based on the three-point estimates (optimistic, pessimistic, and most likely) for each activity and the network diagram

Monte Carlo analysis is also used as a risk management tool to quantitatively analyse risks

347
Q

Schedule

What is resource optimization?

(p. 218)

A

Finding ways to adjust the use of resources

348
Q

Schedule

What is the difference between resource leveling and resource smoothing?

Resource Optimization

(p. 218)

A

Resource leveling is a resource optimization technique that allows the project manager to level the peaks and valleys of the schedule from one month to the other, resulting in a more stable number of resources.
Resource smoothing is a modified form of resource leveling, where resources are leveled only within the limits of the float of their activities, so the completion dates of activities are not delayed.

349
Q

Schedule

On an agile project, what is the difference between a release and an iteration?

Agile Schedule Development

(p. 219)

A

An iteration is a short, timeboxed development period, typically one to four weeks in duration
A release is a group of iterations that results in the completion of a valuable deliverable on the project

350
Q

Schedule

What are cumulative flow diagrams used for?

Agile Schedule Development

(p. 219)

A

Tracking and forecasting the delivery of value
CFDs can help the project manager gain insight into project issues, cycle times, and likely completion dates.

351
Q

Schedule

What is velocity?

Agile Schedule Development

(p. 220)

A

The measure of a team’s capacity for work for each iteration, it allows the team to gauge how much work they will be able to do in the future based on the work they have completed in the past

352
Q

Schedule

What are some of the key outputs of the Develop Schedule process?

Develop Plan-Driven Schedule

(p. 220)

A
  1. Project Schedule
  2. Bar charts
  3. Milestone charts
  4. Schedule baseline
  5. Change requests
  6. Schedule data
  7. Project document updates
353
Q

Schedule

What are the main presentation formats for a schedule?

(p. 222)

A
  1. Network Diagrams
  2. Bar Charts
  3. Milestone Charts
354
Q

Schedule

What do simple bar charts show?

(p. 222)

A

Progress reporting and control; they are weak planning tools

355
Q

Schedule

What do milestone charts show?

(p. 222)

A

High-level project status; they only show major events

356
Q

Schedule

What artifacts result form the Control Schedule process?

(p. 222)

A
  1. Work performance informatin
  2. Schedule forecasts
  3. Change requests
  4. Updates to the schedule management plan
  5. performance measurement baseline, and project documents
357
Q

Schedule

What is the purpose of reestimating?

Methods of Control Schedule

(p.224)

A

To make sure the project objectives can still be satisfied within the schedule, buget, and other project constraints

358
Q

Communications

According to the Process Groups model, what processes are involved in communications management?

(p. 274)

A
  1. Plan Communications Management
  2. Manage Communications
  3. Monitor Communications
359
Q

Communications

What outcomes should be expected as a result of communication management?

(p. 275)

A
  1. Communications are planned and executed so the right information is flowing in the right way, to the right people, at the right time and in the appropriate formats
  2. The project manager solicits feedback to ensure a common understanfing
  3. Communication strategies and tactics are measured and analyzed on a regular basis. Changes are made as neede
  4. Communication management strategies and tectics contribute to stakeholder satisfaction
360
Q

Communications

What tools can help a project manager determine and analyze communications requirements?

(p. 277)

Communication Requirements

A
  1. Stakeholder registry
  2. Stakeholder personas
  3. Stakeholder engagement plan
  4. Locatoins of stakeholders
  5. Number of communication channels
361
Q

Communications

What are some components of a communication management plan?

(p. 277)

A
362
Q

Communications

What are some rules for effective meetings?

(p. 279)

A
363
Q

Communications

What types of meeting do agile teams have?

(p. 280)

A
  1. Daily Standup
  2. Iteration review
  3. Retrospective findings
364
Q

Communications

What are some important elements of project reporting?

(p. 280)

A
365
Q

Communications

Name some of the different types of project reports

(p. 280)

A
366
Q

Communications

List ways agile projectsshare knowledge

(p. 281)

A
  1. Daily standups
  2. Product demo
  3. Kanban boards
  4. Information radiators
  5. Personas
  6. Wireframes
367
Q

Communications

What are information radiatos?

(p. 281)

A

Highly visible displays of information placed in high-traffic areas that inform stakeholders about the project’s status

368
Q

Communications

What doesthe project manager do to monior communication effectiveness?

(p. 282)

A
  1. Determine whether the communications management plan is being followed
  2. Confirm communications and feedback are understood
  3. Ensure that communications are meeting the needs of the stakeholders
  4. Identify where communication is breaking down (if needed)
  5. Adjust as necessary to meet stakeholder and team needs
369
Q

Risks and Issues

What is Risk Management?

(p. 286)

A

The process of identifying, evaluating, and planning responses to uncertain events that might occur during the course of a project

370
Q

Risks and Issues

What is on a watch list?

(p. 286)

A

Risks that currently do not warrant planned risks responses, but it is understood that any of these risks could become more probable and need a planned response

371
Q

Risks and Issues

Who is a risk owner?

(p. 286)

A

An individual who watches out for the occurrence of an assigned risk and leads the implementation of preplanned responses

372
Q

Risks and Issues

What is an opportunity in risk management?

(p. 286)

A

A risk event that has a positive impact to deliver even more value to the organization and customer than planned

373
Q

Risks and Issues

What is a spike?

(p. 287)

A

A short iteration dedicated to explore an issue or an approach
Often used to explore big risks like new processes or technology

374
Q

Risks and Issues

What are the two types of spikes?

(p. 287)

A
  1. Architectural spikes
  2. Risk-based spikes
375
Q

Risks and Issues

What is the purpose of fast failure?

(p. 288)

A

The earlier failure occurs the quicker resources can be diverted to a different strategy on a project, or even to a different project

376
Q

Risks and Issues

According to the Process Groups model, what processes are involved in risk management?

(p. 288)

A
  1. Plan Risk Management
  2. Identify Risks
  3. Perform Qualitative Risk Analysis
  4. Perform Quantitative Risk Analysis
  5. Plan Risk Responses
  6. Implement Risk Responses
  7. Monitor Risks
377
Q

Risks and Issues

Name the factors to consider when assessing risk

(p. 286)

A
  1. The probability that a risk event will occur (how likely)
  2. The range of possible outcomes (impact or amount at stake)
  3. Expected timing for it to occur in the project life cysle (when)
  4. The anticipated frequency of risk events from that source (how often)
378
Q

Risks and Issues

Define risk appetite

(p. 287)

A

A general, high-level description of the acceptable level of risk to an individual or organization

379
Q

Risks and Issues

Define risk threshold

(p. 287)

A

The specific point at which risk becomes unacceptale

380
Q

Risks and Issues

What are the desired outcomes of risk management?

(p. 290)

A
  1. Internal and external environmental factors are considered
  2. Risk and responses address the inherent uncertainty and complexity on projects
  3. Risk related to all possible variables and constraints are accounted for
  4. Issues are eliminated with risk response plans
  5. Risks are reviewed in every meeting, triggers are monitored, and risks are addressed before they happen
  6. There is normally a plan in place to deal with risk events
  7. Risk management helps to limit cost, time, and resource investments on the project
381
Q

Risks and Issues

Describe the difference between qualitative and quantitative risk analysis

(p. 294)

A

Qualitative risk analysis is a subjective evaluation and the numbers used to rate each risk are usually based on a scale of 1-5 or 1-10
Quantitative risk analysis is a more objective evaluation and the rating of each risk is based on an estimate of the actual probability and the actual monetary value at stake (impact)

382
Q

Risks and Issues

What may be included in the risk management plan?

(p. 290-291)

A
  1. Risk strategy
  2. Methodology
  3. Roles and responsibilities
  4. Funding
  5. Timing
  6. Risk categories
  7. Stakeholder risk appetite/thresholds
  8. Definitions of probability and impact
  9. Reporting
  10. Tracking
383
Q

Risks and Issues

What is a risk breakdown structure?

(p. 291)

A

A hierarchical chart that can help identify and document risk categories

384
Q

Risks and Issues

What are the risk categories related to project constraints?

(p. 292)

A
  1. Schedule
  2. Cost
  3. Quality
  4. Scope
  5. Resources
  6. Customer satisfaction
385
Q

Risks and Issues

What does risk data quality assessment show?

A

Accuracy and reliability of a risk to determine if it is valid and whether more researche is needed to understand it

386
Q

Risks and Issues

What is the main artifact that results from the identify Risks process?

(p. 293)

A

Risk register

387
Q

Risks and Issues

What are some examples of risk identification techniques?

(p. 293)

A
  1. Brainstorming
  2. Checklist analysis
  3. Interviewing
  4. Root Cause Analyis
  5. Assumption analysis
  6. Constraint analysis
  7. SWOT analysis
  8. Documentation reviews
388
Q

Risks and Issues

What is a project pre-mortem?

(p. 293)

A

A facilitated team exercise that aims to identify the possible failure points on a project before they happen

389
Q

Risks and Issues

What steps are typically involved in a project pre-mortem?

(p. 293)

A
  1. Imagine the failure
  2. Generate reasons for the failure
  3. Consolidate the list
  4. Revisit the plan
390
Q

Risks and Issues

Name methods used for the Perform Qualitative Risk Analysis process

(p. 294-295)

A
  1. Risk management quality assessment
  2. Risk categorization
  3. Probability and impact matrix
  4. Risk parameters assessment
391
Q

Risks and Issues

What does quantitative risk analysis determine?

(p. 296)

A
  1. which risk events warrant a response plan and which require the most attention
  2. Overall project risk (risk exposure)
  3. The quantified probability of meeting project objectives
392
Q

Risks and Issues

What tools can a project manager use to determine quantitative probability and impact?

(p. 297)

A
  1. Expert judgment from the team and risk specialists
  2. Data-gathering techniques, such as interviewing
  3. Data analysis techniques, such as sensitivityt analysis and decision tree analysis
  4. Interpersonal and team skills
  5. Cost and schedule estimating
  6. Use of historical records from previous projects
393
Q

Risks and Issues

What is sensitivity analysis?

(p. 297)

A

A technique to analyze and compare the potential impacts of identified risks

394
Q

Risks and Issues

What is the formula for expected monetary value?

(p. 297)

A

Probability times impact, or
EMV = P x I

395
Q

Risks and Issues

What is the purpose of a decision tree?

(p. 298)

A

To model all the possible choices to resolve and issue

396
Q

Risks and Issues

What are the possible risk response strategies for threats?

(p 301-302)

A
  1. Avoid: Eliminate the threat by eliminating its cause
  2. Mitigate: Reduce the probability or impact of the threat
  3. Transfer: Make another part responsible for the risk (outsourcing, insurance, warranties, bonds, guarantees)
  4. Escalate: Move the threat to the program or portfolio level
  5. Accept:
  • Passive acceptance - do nothing; if it happens, it happens
  • Active acceptance - develop contingency plans in advance
397
Q

Risks and Issues

What are the possible risk response strategies for opportunities?

(p. 302)

A
  1. Exploit: Make sure the opportunity occurs
  2. Enhance: Increase probability or positive impact of the risk event
  3. Share: Allocate full or partial ownership of the opportunity to a third party
  4. Escalate: Move the opportunity to the program or portfolio level
  5. Accept: Do nothingl if it happens, it happens
398
Q

Risks and Issues

What key outputs of the Plan Risk Responses process are added to the risk register?

(p. 305)

A
  1. Residual Risks
  2. Contingency plans
  3. Fallback plans
  4. Risk owners
  5. Secondary risks
  6. Risk Triggers
  7. Contracts
  8. Reserves (contingency and management)
399
Q

Risks and Issues

What is communicated in a risk report?

(p. 304)

A

The risks of greatest threat or opportunity, overall project risk exposure, anticipated changes, and anticipated outcomes of planned risk responses

400
Q

Risks and Issues

What is a pure risk?

(p. 292)

A

An insurable risk, such as fire, theft, property damage

401
Q

Risks and Issues

What are residual risks?

(p. 301)

A

The risks that remain after risk response planning

402
Q

Risks and Issues

What are secondary risks?

(p. 302)

A

New risks created by the implementation of risk response strategies

403
Q

Risks and Issues

What is the difference between a contingency plan and a fallback plan?

A

A contingency plan describes the specific actions that will be taken if the opportunity or threat occurs

A fallback plan describes specific actions that will be taken if the contingency plans are not effective

404
Q

Risks and Issues

What are risk triggers?

(p. 305)

A

Events that trigger contingency responses
They let risk owners know when to take action

405
Q

Risks and Issues

What is a risk-adjusted backlog?

(p. 308)

A

A backlog that is prioritized for the risk responses that have been developed for identified risks

406
Q

Risks and Issues

Describe set-based design

(p. 309)

A

Exploring multiple options, or designs, early in the project and eliminating the ones that won’t work

It creates flexibility and allows teams to develop knowledge as they work through the different options

407
Q

Risks and Issues

What are workarounds?

(p. 311)

A

Unplanned responses developed to deal with the occurrence of unanticipated events or problems on a project (or to deal with risks that had been accepted because of unlikelihood of occurence and/or minimal impact)

408
Q

Risks and Issues

What can a contingency reserve be used for?

(p. 305)

A

To handle the impact of the specific risk for which it was set aside

409
Q

Risks and Issues

What is technical performance analysis?

(p. 312)

A

Uses project data to compare planned versus actual completion of technical requirements to determine if there is any variance from what was planned

410
Q

Risks and Issues

What happens during a risk reassessment?

(p. 311)

A

The team reviews the risk management plan and risk register and adjusts the documentation as required

411
Q

Risks and Issues

What is a risk review?

(p. 311)

A

A regular review to discuss the effectiveness of planned risk responses that have need implemented on the project

The may result in the identification of new risks, secondary risks created by risk response plans, and risks that are no longer applicable

412
Q

Risks and Issues

What are risk audits?

(p. 311)

A

Assessments of the overall process of risk management on the project

413
Q

Risks and Issues

What agile tools allow for ongoing monitoring and controlling for risk?

A

Retrospectives and risk burndown charts

414
Q

Risks and Issues

What is the purpose of technical performance analysis?

A

Compares planned versus actual completion of technical requirements to determine if there is any variance from what was planned

Any variance could indicate possible risks to the project, either opportunities or threats

415
Q

Risks and Issues

What artifacts result from the Monitor Risks process?

(p. 313)

A
  1. Change Requests
  2. Project Management plan updates
  3. Project document updates (included the risk register)
  4. Work performance information
  5. Organizational process assets updates
416
Q

Risks and Issues

What key outputs of the Monitor Risks process are added to the risk register?

(p. 313)

A
  1. Outcomes of risk reassessments and risk audits
  2. Results of implemented risk responses
  3. Updated to previous parts of risk management
  4. Closing of risks that are no longer applicable
  5. Details of what happened when risks occurred
  6. Lessons learned
417
Q

Compliance and Delivering Value

What is the definition of a value chain?

A

A systematic series of steps that go into the creation of a delivered product

418
Q

Compliance and Delivering Value

What is the purpose of value stream mapping?

A

The team tries to eliminate waste and gain efficiencies in a product delivery process by visualizing, discussing, and analyzing all steps in the process

419
Q

Compliance and Delivering Value

What is the definition of a system?

A

A continually interacting and interdependent group of items or activities

420
Q

Compliance and Delivering Value

What are the two categories for compliance requirements from the business environment?

A
  1. Governmental regulations and societal norm
  2. Organizational governance
421
Q

Compliance and Delivering Value

What is organizational governance?

A

A system within the organization that exists to support the delivery of value to stakeholders

422
Q

Compliance and Delivering Value

What is project management compliance?

A

Tailoring to project organizational practices and tools supplied by the PMO

423
Q

Compliance and Delivering Value

What is systems thinking?

A

An awareness that organizations exist within the context of many systems working together for mutual benefit.

424
Q

Compliance and Delivering Value

What is value delivery?

A

Delivering the promised value of the project and product scope.

425
Q

Compliance and Delivering Value

What are the project management principles?

A
  1. Stewardship
  2. Team
  3. Stakeholders
  4. Value
  5. Systems thinking
  6. Leadership
  7. Tailoring
  8. Quality
  9. Risk
  10. Adaptability and resiliency
  11. Enable change to achieve the envisioned future state
426
Q

Compliance and Delivering Value

What is the definition of stewardship?

A

Acting with care and integrity, and establishing and maintaining trust

427
Q

Compliance and Delivering Value

How can a project manager navigate complexity?

A

By continually evaluating their approaches, methods, and plans on the project to ensure they are in line with project (and organizational and societal) complexity

428
Q

Compliance and Delivering Value

What is the difference between a minimally marketable feature (MMF) and a minimally viable product (MVP)?

A

An MMF is the smallest feature that can be released into the marketplace, which stakeholders need or will find useful. MMFs are delivered on a regular basis as updates to already existing consumer products

An MVP is a version of a product with just enough features to make it useful. The most critical features can be used by early customers. An MVP allows the project manager and team to see how the increment of the product appeals to the customer and how the customer uses the product

429
Q

Compliance and Delivering Value

What should a project manager do to manage environmental changes?

A
  • Have a high level of sophistication about the products and services, the organization, and the environment
  • Maintain awareness and monitor the possibility of change of any kind
  • As potential changes are identified, evaluate the changes and their impacts
  • Plan a response
  • Lead the team in operating within the organization and the project to support the planned response
430
Q

Compliance and Delivering Value

Why is it important to understand organizational culture, politics, and governance?

A

It enables the project manager to make needed changes within their projects in ways that minimize negative effects and keep the project moving forward

431
Q

Compliance and Delivering Value

Name the change models

A

ADKAR
8-step Process for Leading Change
Virginia Satir Change Model
Transition Model

432
Q

Compliance and Delivering Value

What is the ADKAR model?

A

ADKAR stands for Awareness, Desire, Knowledge, Ability, and Reinforcement, which are the five steps that an individual goes through to adapt to change

The model helps change management professionals to develop communications and activities for impacted stakeholders undergoing change at each stage of their journey

433
Q

Compliance and Delivering Value

What does the Virginia Satir change model acknowledge?

A

Things often get worse before they get better, but they will eventually get better with clear communication and support

434
Q

Common Agile Methodologies

What are the seven principles of Lean methodology?

A
  1. Eliminate waste: eliminate waste in the value chain and value stream mapping
  2. Amplify learning
  3. Decide as late as possible: in adaptive environments so much information does not available the beginning of a project there are four decisions about the next stage “should be made at the last possible moment”
  4. Deliver as fast as possible: the teams are delivering value continually and as quickly as possible
  5. Empower the team: trust people’s skills, provide training when needed and trust the team to make the decisions about their own work
  6. Build integrity in: a product that works well and is user friendly
  7. See the whole: we must sing holistically about the product since there are interacting parts that also interdependent
435
Q

Common Agile Methodologies

What method can be used to help eliminate waste?

A

Value stream mapping

436
Q

Common Agile Methodologies

Describe a Kanban board

A
  1. Kanban boards were meant to be low-tech and high-touch
  2. They can be created with sticky notes on white boards or flip charts
  3. They can also be digital
437
Q

Common Agile Methodologies

What are the five core principles of Kanban?

A

Visualize the workflow
Limit WIP (work in progress)
Manage flow
Make process policies explicit
Improve collaboratively

438
Q

Common Agile Methodologies

What is a pull system?

A

On a Kanban board, team members pull tasks (or sticky notes) from one column to the next as work is completed

439
Q

Common Agile Methodologies

What does Scrum call an iteration?

A

Sprint

440
Q

Common Agile Methodologies

What is the difference between a product backlog and a sprint backlog?

A

The product (or project) backlog represents all the known product scope: Features are continuously added and removed as the customer makes decisions about product scope

The sprint backlog is the specific increment or increments of product that are currently at the top of the prioritized backlog and are selected for the next (or current) sprint

441
Q

Common Agile Methodologies

What are the Scrum core concepts?

A

Iterative and incremental development
Dedicated team
Cross-functional team
Pillars
* Transparency
* Inspection
* Adaptation

442
Q

Common Agile Methodologies

What question are to be answered at a daily scrum?

A

Also known as a daily standup, participants answer these questions:
* What have I completed since the last meeting?
* What am I working on today?
* Are there any impediments to progress?

443
Q

Common Agile Methodologies

What are the rules of the daily scrum?

A
  • If team members have something to report they must attend
  • If team members have nothing to report, they shouldn’t speak at the meeting
  • Talk is restricted to addressing the three questions
  • If a team member has identified an impediment, it will be taken up after the meeting by the Scrum Master or anyone else who may be able to help remove the impediment. It is not to be elaborated during the meeting.
444
Q

Common Agile Methodologies

What is a spike?

A

An iteration specifically planned to explore risks to understand them better and thus reduce them.

445
Q

Common Agile Methodologies

What is an architectural spike?

A

An iteration that explores new technological approaches to show they will work for the product and the project.

446
Q

Common Agile Methodologies

Name the five values that guide XP teams

A
  1. Simplicity
  2. Communication
  3. Feedback
  4. Courage
  5. Respect
447
Q

Common Agile Methodologies

What is test-driven development?

A

The team creates the tests before they develop the code (the code has to be built to pass the tests)

448
Q

Common Agile Methodologies

What is pair programming?

A

Developers work together, taking tums developing code while the other watches.

449
Q

Common Agile Methodologies

What does the Crystal Family of Methodologies help the project manager and team find?

A

A situation-specific solution

450
Q

Common Agile Methodologies

What is Scaled Agile Framework (SAFe)?

A

A set of management practices and processes that guide a group of agile teams to work towards a common, often longer-term goal

451
Q

Common Agile Methodologies

What are the four core values of SAFe?

A
  1. Alignment
  2. Built-in quality
  3. Transparency
  4. Program execution
452
Q

Common Agile Methodologies

What agile model is focused on feature delivery?

A

Feature Driven Development (FDD)

453
Q

Common Agile Methodologies

What are the four agile values?

A

Individuals and interactions over processes and tools
Working software over comprehensive documentation
Customer collaboration over contract negotiation
Responding to change over following a plan