Terms Flashcards
EEF
Enterprise Environmental Factors:
Conditions not under control of project team that impact or constrain the project.
OPA
Organizational Process Assets:
Processes, policies, procedures, knowledge base etc specific to the organization.
Project Phases
- Sequential Relationship:
Next phase starts when last completes - Overlapping Relationship:
Phase starts prior to completion of previous one - Predictive Lifecycles:
Planned series of phases - Iterative & Incremental:
All phases completed in small chunks and delivery made - Adaptive Life Cycles:
Agile, same as Iterative & Incremental with short duration (2 - 4 weeks).
Name the 5 Process Groups
Initiating Planning Executing Monitoring & Controlling Closing
10 Knowledge Areas
- Initiation Management
- Scope Management
- Time Management
- Cost Management
- Quality Management
- Human Resource Management
- Communications Management
- Risk Management
- Procurement Management
- Stakeholder Management
Scope Baseline
Scope Statememt
WBS
WBS Dictionary
3 Common Inputs (ITTO)
Project Management Plan
EEF
OPA
2 Common Tools & Techniques (ITTO)
Expert Judgement
Meetings
4 Common Outputs (ITTO)
Project Document Updates
Project Management Plan Updates
Change Requests
OPA Updates
Quality Control
Focus on product
Quality Assurance
Focus on process
Plan Do Check Act (PDCA)
Continuous cycle for quality improvement.
Quality theorists:
Deming - developed TQM
Juran - 80/20 rule, Quality conforms to requirements
Crosby - DIRFT Do It Right First Time
Quality Terms
Quality - Degree to which set of characterists fulfills reqs
Grade - Same function, diff category (luxury vs. eco car)
Precision - Frequency, hitting same place everytim, exact
Accuracy - Correctness
Prevention over inspection - Quality designed in
Quality Tools
Cause & Effect Diag (fishbone) - isolate quality problems
Flowcharts
Checksheets
Pareto - defects over time
Histogram
Control Charts - output over time
Scatter Diagram - relationship b/w 2 variables
Organizational Theories
Theory X: People dislike work
Theory Y: People like work
Theory Z: Focuses on increasing employee loyalty
Maslow’s Hierarchy
Contract Terminology
Breach: Not damaged, can cancel contract
Material Breach: Party could force other to do something
Force Majeure: Acts of god etc
Single Source: No bid contract
Required for Contract (5 things)
Offer Acceptance Legal purpose Consideration (value must change hands) Legal Capacity
Contract Types (Go back and document all contracts and abbrevations)
Fixed Price Firm Fixed Price (FFP) Fixed Price Incentive Fee (FPIF) Fixed Fee w/ Economic Adjustment (FP-EPA) Cost Reimbursable Cost plus fixed fee (CPFF) Cost plus incentive fee (CPIF) Cost plus award fee (CPAF) Time & Material
Procurement Documents
Request for Information (RFI) - basic
Invitation for Bid (IFB) or Request for Quote (RFQ) - commodity
Request for Proposal (RFP) - complex
Team Development - Tuckman Model
Forming Storming Norming Performing Adjourning
McClelland’s Achievement Theory
Motivation comes from 3 things.
Achievement
Power
Affiliation
Types of Power
Formal
Reward
Coercive - penalize
Referent - trusted & respected, role model
4 Breakdown Structures
Work breakdown structure
Organization breakdown structure
Resource breakdown structure
Risk breakdown structure
Plan Risk Responses - Tools & Techniques
Negative Risks:
Avoid - eliminate threat entirely
Transfer - shift impact & ownership to 3rd party
Mitigate - reduce probability
Accept - cheaper to incur risk then take action
Positive Risks: Share - team up w/ 3rd party Accept - passive Exploit - reduce risk to 0 Enhancement - increase probability
Project Charter provides
Gives project existence
Contains or makes reference to product description
Outlines PM’s authority
Code of Accounts
Collection of unique identifiers generally assigned to WBS items
Value Analysis
Tool & Technique for scope definition & exploring alternative ways of completing project work.
CSOW
Contract Statement of Work
Planning Contingency Reserves is what Risk Response Strategy?
Active Risk Acceptance
Purpose of Tornado diagram
Used to compare relative importance of variables that have a high degree of uncertainty w/ those more stable.
(Sensitivity analysis)
