Video Notes Flashcards

1
Q

high level document that formally authorizes the existence of the project and assigns the project manager and their authority level

A

Project Charter

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Analyzes who your stakeholders are and how they feel about the project

A

Stakeholder Analysis

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Comprehensive document that outlines the basis of all project work and how the the work will be performed

A

Project Management Plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Scope, Schedule, Cost, Performance Measurement

A

4 Baselines of the Project Management Plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Process of creating a scope management plan that documents how the project/product will be defined, validated, and controlled

A

Plan Scope Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

How the scope will be defined, developed, monitored, controlled, and verified

A

Scope Management Plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

How the requirements will be analyzed, documented, and managed

A

Requirement Management Plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Process of determining, documenting, and managing stakeholder needs and requirements to meet objectives

A

Collect Requirements

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Developing a detailed description of the project and product.

A

Define Scope

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Describes in detail the project deliverables and the work that is required to produce those deliverables

A

Project Scope Statement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

A structured breakdown of the work; also called decomposition of work; subdividing project deliverables and project work into smaller, more manageable components

A

Create Work Breakdown Structure (WBS)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

breaking down each of the project deliverables into smaller components.

A

Decomposition

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Poject Scope Statement, WBS, and WBS Dictionary are three components of this

A

Scope Baseline

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Defines responsibilities of the team

A

Work Breakdown Structure

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule

A

Plan Schedule Management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

how the project schedule will be planned, developed, managed, executed, and controlled throughout the phase or project

A

Schedule Management Plan

17
Q

Process of identifying and documenting the specific actions to be performed to produce the project deliverables

A

Define Activities

18
Q

Complete list of all scheduled activities required to be performed on the project

A

Activity List

19
Q

Defines the logical sequence of work to obtain the greatest efficiency given all project constraints

A

Sequence Activities

20
Q

Amount of time a successor activity can be advanced with respect to a predecessor activity

21
Q

Estimating the number of work periods (hours, days, weeks, etc.) needed to complete individual activities with estimated resources

A

Estimate Activity Durations

22
Q

Relies on historical information to predict estimates for current projects. Often used when there is a limited amount of information available.
Costs less in time and money to use, but it provides the least amount of accuracy when it comes to estimating.

A

Analogous Estimating (Top-Down Estimating)

23
Q

A technique that uses a statistical relationship between historical data and other variables to calculate an estimate for activity parameters, such as scope, cost, budget, and duration

A

Parametric Estimating

24
Q

Calculates an expected duration using a weighted average of 3 estimated, Optimistic, Pessimistic, Most Likely

A

Three-Point Estimates / PERT

25
Work needs to be very detailed for this type of estimation to take place Takes a long time to complete, but highly accurate
Bottom-Up Estimating
26
Analyzing activity sequences, durations, resource requirements, and schedule constraints to create a schedule model for project execution and monitoring and controlling
Develop Schedule
27
Defining how the project costs will be estimated, budgeted, managed, monitored, and controlled
Plan Cost Management
28
Cost Management Plan
How costs will be planned, structured, and controlled
29
Developing an approximation of the costs of the resources needed to complete project work
Estimate Cost
30
Range of possible cost estimates; includes confidence level of estimates and how the estimates were developed and by whom
Basis of Estimates
31
Process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline
Determine Budget
32
Details on what each schedule activity is scheduled to cost; will roll up to each parent work package to determine total cost and budgetary requirements
Cost Aggregation
33
additional money added to project for risk
Reserve Analysis
34
PM determines, manages, and controls the contingency reserves, which will address the cost impact of the remaining or known/unknown risks
Contingency Reserves
35
Management determines the funds to cover unknown/known risks for the project
Management Reserves
36