Self Study Cards Flashcards
Cards created by reading the Rita Mulcahy 9th Edition PMP Exam Prep book.
When are contingency reserves for schedule allocated?
For remaining identified risks after the plan risk responses process.
When should team building begin in the life of the project?
It should begin early on.
Forward pass path convergence must use which early finish value to calculate the float?
The later of them
I just completed a JAD Session, where am I?
Collect Requirements
What is 2 Sigma?
95.46%
What is the Triangular Distribution formula?
(P + M + O)/3
A PMO that provides policies, methodologies, templates, best practice training, and lessons learned from other projects is what type of PMO?
Supportive
What type of breakdown structure can be used to assign work packages to divisions or departments in the organization?
An Organizational Breakdown Structure
When is risk data quality assessment done?
During perform qualitative risk analysis.
Ambiuity (lack of understanding) and Variability (inability to predict changes) are categories of, what?
Non-event risks
Define the schedule compression technique fast tracking.
A technique used to compress a schedule where activities done in sequence are done in parallel.
The backward pass uses what duation value as the late finish of the last activity in the network?
Critical Path Duration
When, in quality, is root cause analysis used?
During the Manage Quality and Control Quality processes.
What creates a formal record of a project?
The Project Charger
What is the conflict resolution technique does not result in a permanent or complete resolution of a conflict?
Smoothing or accomodating.
Which type of organization is best for managing complex projects?
Matrix (Cross-disciplinary means the project covers more than one department or technical area of expertise. In such a case, a matrix organization is needed, with representatives from each department or discipline)
(Exam remembering) What is manage quality?
Are we following the policies as planned?
Name the categories of non-event risks.
Ambiuity (lack of understanding); and
Variability (inability to predict changes)
In terms of manage communications, what is an Earned Value Report?
A report that integrates scope, cost, and schedule measurements to assess project performance.
Legal restrictions is what kind of Enterprise Environmental Factor?
External
In a RACI, how many people or resources can be marked “A” (accountable)?
Only one; this helps avoid confusion about who is ultimately in charge or has authority for the work.
When does a Project Manager use/look at a work performance report?
The work performance report should be used when information is needed to make decisions, raise issues, initiate actions or gain awareness of the project status.
What are risk audits?
Assessments of the overall process of risk management on the project.
What are risk triggers?
Early warning signs that a risk event has occurred, or is about to occur. They letrisk owners know when to take action.
A lead is shown as what type of relationship?
Finish-to-start
What is defined as a framework that guides portfolio, program, and project management to achieve the organization’s strategic goals.
Organizational project management (OPM)
This reserve type is not included in the schedule baseline.
Management Reserves.
Employee capability is what kind of Enterprise Environmental Factor?
Internal
A RACI is a type of what matrix?
A Responsibility Assignment Matrix (RAM).
A predictive development lifecycle is what kind of life cycle?
Plan-driven.
You don’t have a lot of experience or historical info, what kind of estimating do you use?
Triangular
What is the definition of a project?
A temporary endeavor undertaken to create a unique product, service, or result - with a beginning and an end.
Before being baselined, requirements need to be, what?
Unambiguous (measurable and testable)
Infrastructure is what kind of Enterprise Environmental Factor?
Internal
The work performed to deliver a product, service, or result is called, what?
The Project Scope
In terms of quality, where should design and technical specifications come from?
From a technical expert, such as an engineer.
Define the analogous estimating technique.
It is an estimating technique in that uses expert judgement and historical information to predict the future.
What is a Control Account?
A management control point where scope, budget, actual cost, and schedule are integrated and compared to earned value for performance measurement.
Able to inspire, high-energy, enthusiastic, self-confident is what type of leadership style.
Charasmatic
A PMO with a high level of control is what type of PMO?
Directive
When, in quality, are control charts used?
Control Quality
In terms of manage communications, what is a Trend Report?
A report that examines project results over time to see if performance is improving or deteriorating.
What is the definition of a portfolio?
A group of programs, individual projects, and related operational work to achieve a specific strategic business goal
Someone who will be impacted by or can influence the project is called, what?
Stakeholder
Someone wants to make a change to the project, whats the first thing a project manager should do?
Evaluate the impact.
What is the range of Budget Estimate?
-10% to 25%
What are the type of reserves?
Management and contingency.
Organizational project management (OPM) is, what?
A framework that guides portfolio, program, and project management to achieve the organization’s strategic goals.
When, in quality, is Mind Mapping used?
Plan Quality
Plans, processes, policies, and procedures, and knowledge base repositories are two categories of what?
Organizational Process Asset
What are the three types of PMOs?
[From least to greatest influence] they are supportive, controlling, and directive.
What project documents can be inputs to the collect requirements process?
Assumptions Log, Lessons Learned Register, and Stakeholder Register
What is an affinity diagram?
An affinity diagram organizes potential causes of defects into groups showing areas that should be focused on the most.
What is the difference between a checklist and a check sheet?
A checklist helps manage control quality activities in a structured manner whereas a check sheet is used to organize facts in a manner that will facilitate the collection of useful data. They are also known as tally sheets.
When, in quality, is Histograms used?
During the Manage Quality and Control Quality processes.
What is a decision tree?
A model of real situation used to make informed decisions by taking into account the associated risks, probabilities, and impacts.
What is 3 Sigma?
99.73%
What is a risk review?
A discussion of the effectiveness of planned risk responses that have been implemented on the project.
Aside from Project Document Updates, what is is output from the Plan Resource Management process?
Resource Management Plan and Team Charter.
What is the conflict resolution technique where parties openly discuss differences and try to incorporate multiple viewpoints to arrive at a concensus?
Collaborating or problem-solving.
What are Tuckman’s ladder model stems of team formation and development?
Forming, Storming, Norming, Performing, and Adjourning.
What document shows the organizational commitment to a project?
The Project Charter
When, in quality, is questionnaires and surveys used?
Control Quality
In a predictive project, validate scope occurs when?
With each deliverable or phase review
The role of each stakeholder is determined by, whom?
The project manager and the stakeholder
(Exam remembering) What is control quality?
Are the results of our work meeting the standard?
When, in quality, is document analysis used?
It is used in Manage Quality. Included in the “Data Analysis” tool and technique.
What is the formula for EAC if the CPI or SPI influence the work?
AC + [BAC-EV)/(CPI x SPI)]
Work package costs are made up of, what?
Activity Contingency Reserves and Activity Cost Estimates
Which resource optimization technique does not change the critical path?
Resource smoothing.
A tight matrix org structure is, what?
Is nothing; this is a distractor
A lag would be shown as what type of relationship?
Start-to-Start
What is a data representation technique that can be used during the Perform Qualitative Analysis process?
A probability and impact matrix.
Social and cultural influences and issues is what kind of Enterprise Environmental Factor?
External
Information technology software is what kind of Enterprise Environmental Factor?
Internal
What is the work performance order?
Data > Information > Reports
Marketplace conditions are what kind of Enterprise Environmental Factor?
External
We are reviewing a mock-up, simulation, or computer generated models, what tool and technique is this within what process?
This is the prototypes tool and technique within the Collect Requirements process.
When does a Project Manager use/look at a forecasting report?
The forecasting report should be used when needing to review the project’s future status and performance.
What is the outcome if a cost-benefit ratio is less than 1?
The benefit is less than the cost.
Backward pass path convergence must use this late start value of the activities?
The earlier of them
Verified deliverables are an output of what?
Control Quality
The closer in length that the critical path and near-critical paths are to one another, the smaller or greater the overall risk?
Greater
The approved version of the time-phased project budget, excluding management reserves is called what?
The Cost Baseline.
A silo org structure
A functional structure where projects occur within a single department.
What is assumption analysis?
Assessing the assumptions made on the project and determining whether they are valid.
When is reserve analysis done?
During the monitor risks process.
What is the the formula for EAC if accepting performance to date?
AC + (BAC - EV)
What is the key benefit to the Sequence Activities process?
It defines the logical sequence of work to obtain the greatest efficiency given all project constraints?
What are the possible risk response strategies for threats?
Avoid
Mitigate
Transfer
Escalate
Accept
What do “Theory X” managers believe?
People need to be watched every minute; employees are incapable, avoid responsibility, and avoid work whenever possible
What is the conflict resolution technique that involves finding solutions that bring some degree of satisfaction to both parties?
Compromising or reconciling.
A key benefit of the plan schedule management process is, what?
It provides guidance and direction on how the project schedule will be managed throughout the project.
What can a project manager use in order to determine quantitative probability and impact?
Expert judgement
Data gathering
Data analysis
Interpersonal and team skills
Representations of uncertainty
Cost and schedule estimating
Use of historical records
What is operational work?
Ongoing work to support the business and systems of the organization
When, in quality, is logical data model used?
Plan Quality
What is the purpose of a risk report?
The purpose of a risk report is to keep stakeholders apprised of risk management efforts and outcomes.
What is 1 Sigma?
68.27%
How are assumptions managed?
They are analyzed in project planning, and they are reviewed for validity and managed throughout the project.
What is the outcome if a cost-benefit ratio is over 1?
The benefit is greater than cost.
Define Net Present Value
It is present value of total benefits minus the costs over many time periods.
That do “Theory Y” managers believe?
People are willing to work without supervision, and want to achieve.
The Project Charter authorizes a project manager to do what?
Plan, execute, and control the project.
A person who is risk advrse is, what?
Someone who does not want to be negatively impacted by threats.
When, in quality, is cost of quality used?
Plan Quality Management
What is a critical path?
The critical path is the sequence of activities with the longest path through a project, which determines the shortest possible project duration.
Who is a risk owner?
Each risk must be assigned to someone who will help lead the development of the risk response and who will be assigned to carry out the risk response or “own” the risk.
Determining corrective or preventative actions or re-planning and following up on action plans to determine whether the actions taken resolved the performance issue is included in what process?
Controlling (of monitor and control)
When might work performance [things] be a tool or technique?
It isn’t, they’re only inputs or outputs
For the exam, the greater the standard deviation, the smaller or greater the risk?
Greater standard deviation represents greater risk.
What is the standard deviation formula?
(P-O)/6
Updates to this document is often an update in many planning processes.
Assumptions log
Concentrating on relationships, community and collaboration is in what type of leadership style?
Servant Leader
When, in quality, is checklist used?
Manage Quality and Control Quality
What is the TCPI to complete as planned?
(BAC-EV)/(BAC-AC)
Which estimating technique uses expert judgement and historical information to predict the future?
Analogous