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PMBOK > Section 9 Implementing Project Integration Management > Flashcards

Section 9 Implementing Project Integration Management Flashcards

1
Q

Tailoring Project Life Cycles

A

Construction has unique phases
IT projects have unique phases etc

All dependent on the industry and nature of the project

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2
Q

Tailoring Development Life Cycle

A

Adaptive/Iterative

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3
Q

What is an Adaptive Environment?

A

Adaptive Environments are where team members are the experts and determine how plans and components should integrate.

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4
Q

Team members are Key and control is delegated to the project team in what environment?

A

Adaptive Environments

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5
Q

Project Managers has a servant leadership approach, & build collaborative decision-making environments in what environment?

A

Adaptive Environments

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6
Q

Team Members are usually generalists, rather than specialists in what environment

A

Adaptive Environments

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7
Q

What are the ITTOs to Create a Project Charter?

A

Inputs, Tools, & Techniques, Outputs

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8
Q

What inputs go in to a Project Charter?

A 
Business Case
Benefits Management Plan
Agreements
EEF
OPA
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9
Q

What Tools & Techniques go in to a Project Charter?

A

Data Gathering (brainstorming, focus groups, interviews etc)
Expert judgement
Meetings

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10
Q

What Outputs do you get from a Project Charter?

A

Assumption Log & Project Charter

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11
Q

What authorizes the project and project manager, appropriates power, & possibly involves the portfolio steering committee?

A

Project Charter

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12
Q

Can there be multiple charters in one Project?

A

Yes

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13
Q 
Market demand
Organizational need
Customer Request
Legal Requirement
Ecological Impacts
Social Need

These are examples of?

A

Business Cases

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14
Q

The higher the priority, the ____ the tolerance for risk

A

lower

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15
Q

Where does Expert Judgement come from for Charters?

A

Anyone that can contribute, typically stakeholders, consultants, Industry groups.

Helpful for risk identification, estimating, technical knowledge, benefits management and organizational strategy.

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16
Q

What are the 2 parts of brainstorming for data gathering/charters?

A

Idea generation & Analysis

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17
Q

What are focus groups for data gathering/Charters?

A

Bring stakeholders and subject matter experts
Learn about project risk, success critiera, and other topics
Conversational way

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18
Q

Interviews

A

Talk about requirements, goals and assumptions from stakeholders

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19
Q 
Project Purpose
Measurable Project Objectives
High-Level Requirements
Overall Project Risk
Summary milestone Schedule
Preapproved financial resources
Key Stakeholders
Approval Requirements
Exit criteria - close or cancel
Assigned Project Manager
Sponsor

There are a part of developing the________

A

Project Charter

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20
Q

Opportunities
Problems
Customer Request

These are examples of considerations when _____ a Project

A

Choosing

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21
Q

What is a murder board?

A

A murder board is when you bring a project to executives and they ask questions about the risk and benefits and can kill the project before starting

22
Q

What are scoring models?

A

Scoring models are graph charts with different project categories that are compared before choosing a project

23
Q

What is the future value of money Formula?

A

FV=PV(1+i)n
PV = Present value
i is the interest rate, 0.12 0.06 etc + 1
n is the number of years

For a calculator, do (1+0.interest)x N

24
Q

What is the present value of money formula?

A

PV=FV/(1+I)n

25
Q

What is the Net Present Value?

A

NPV is the true value of a project

Calculate the return for each time period
Calculate each time period’s present value
Sum the present value
Subtract the investment
NPV greater than zero is good

26
Q

Internal Rate of Return

A

IRR with higher values are good
IRR with lower values might be poor
Greater than zero is a decent project selection

27
Q

What is on an Assumption Log?

A

Assumptions and constraints, updated throughout the project.

Believed to be true, but not proven. Constraints are things that must be done.

28
Q

What is a Project Management Plan

A

Establishes a baseline plan for the project, after baseline change control is required to update the plan.

29
Q

What are kick off meetings?

A

Kick off meetings signal we are done with planning, and ready for execution. After project plan is approved

Communicates what we plan to do and explain stakeholder roles and responsibilities

30
Q

What are the Project Management Plans?

A 
Plan Scope
Plan Requirements
Plan Schedule
Plan Cost
Plan Quality management
Plan Resource Management
Plan Communications (how risk management activities will be structured and performed)
Plan Risk
Plan Procurement
Plan Stakeholder management
31
Q

What are the 3 Baselines for a Project?

A

Scope
Schedule
Cost

32
Q

What are the 3 actions of Execution?

A

Corrective
Preventative
Defect Repair - modifies nonconformance to project requirements

33
Q

What are deliverables?

A

Anything the project creates

34
Q

The control of multiple versions of a deliverable is supported by _______ ________

A

Configuration Management

35
Q

Issue logs

A

Track issues, who raised the issue, issue date, issue owner for resolution, outcome

36
Q

Whats the difference between Explicit & Tacit knowledge?

A

Explicit is knowledge that can be quickly and easily expressed through conversation/documents/figures/numbers

Tacit knowledge is knowledge that is hard to express, personal beliefs, values, knowledge gain from experience etc.

37
Q

What activities are involved in monitoring and controlling?

A

Comparing actual project performance against project management plan
Maintaining accurate, timely information concerning the product
Checking the status of individual project risks

38
Q

What activities are involved in monitoring and controlling?

A

Comparing actual project performance against project management plan
Maintaining accurate, timely information concerning the product
Checking the status of individual project risks

39
Q

Alternative Analysis?

A

Corrective and preventative actions to fix problems and prevent problems

40
Q

Cost-Benefit Analysis

A

Cost of proposed corrective actions and consideration of the benefits the actions will create

41
Q

Earned Value Analysis

A

Earned value is a suite of formulas to show project performance

42
Q

Variance anaylsis

A

Difference of what was planned vs what was experienced in the projects

43
Q

Integrated Change Control

A

How changes get done, and how they are approved

44
Q

Who is responsible for Integrated Change Control

A

PM, and happens through the project

45
Q

Configuration Control

A

Specification the deliverables and the processes
Features and functions
How the project work is completed

46
Q

Configuration Status Accounting

A

Documentation of the product information

47
Q

Configuration verification and auditing

A

Concerned with performance and functional attributes of the product

48
Q

Autocratic means

A

One person decides a vote

49
Q

Administrative colsures

A

Closing project accounts
Reassigning personnel
Reallocating project facilities, equipment, and other resources

50
Q

What are some closing activities?

A 
Archive project information
Finalize project or phase records
Audit Project for success or failure
Manage knowledge sharing and transfer
Creating the final project report (summary, scope objectives, reasons for any variances)

PMBOK (15 decks)

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