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38 Cards in this Set
- Front
- Back
What project component conveys that you have achieved completion of an interim deliverable?
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a milestone
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What are the three basic constraints all projects face?
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Time, quality, budget
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According to PMI, what are the three basic constraints on any project?
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Cost, schedule, and scope
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In what phase is the project manager most visible?
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controlling phase
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What signals the end of the planning phase?
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the formal signing of the project plan document
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What is the most common cause of cost overruns for IT projects?
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Add-on costs that were not recognized at time of planning
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What is the outcome of a Work Breakdown Structure?
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deliverable
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What are the five phases of project management?
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Initiating, Planning, Executing, Controlling, Closing
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Who is responsible for signing the project charter?
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project sponsor
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What does PMI call phases?
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process groups
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In which process is it determined whether there is enough money in the budget or enough hours left to complete the project?
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earned value analysis
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What is the typical input of the planning phase?
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project charter
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Along with a description, what two components should a milestone have?
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Entry and exit criteria
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What typically serves as the input for the initiating phase?
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customer request
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In which process are financial variables examined to determine where a project is at?
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value analysis
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What is the typical output of the initiating phase?
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project charter
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When comparing the ratio of budgeted versus actual, which type of variable should be used?
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index
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What are two indexes associated with earned value analysis?
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Cost Performance Index (CPI) and Schedule Performance Index (SPI)
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What document defines the height and breadth of a project?
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scope document
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Other than the PM, which two groups must review a project plan?
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sponsor and stakeholders
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In which process are budgeted costs compared to actual?
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variance analysis
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What two sets of criteria must be alluded to in the project scope document?
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success and completion criteria
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When is it the job of the PM to also manage team members?
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always
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What is the name given to the phenomenon that, due to its uniqueness, a project's plan and budget will be continually refined?
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progressive elaboration
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What analysis should be performed to decide if a proposed scope change should be elevated to the sponsor?
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variance analysis
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If a corporate organizational change affects the project team, who should tell the team?
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the sponsor
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What are the three areas of estimation to be interested in when preparing a project schedule?
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materials, time, and person-hours
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What are the two outflows of the closing phase?
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documentation and release of resources
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What is the name given to elements that might have a direct impact on the length of the project scope?
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constraints
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In what four ways can a project be declared complete?
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deliverables have been created; success and completion criteria have been met; project has been cancelled; resources are depleted
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What are the two main types of milestones?
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major and minor
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What component authorizes a project to begin?
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the project charter
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What type of budget is predicated on assumptions and initial estimates?
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top-down
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Who is responsible for assembling the project's team members?
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the PM
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What is the best way to prevent scope creep?
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make sure the requirements are clearly defined before project begins
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Which cost estimating technique is the most beneficial for a standard IT project?
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bottom-up
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What two general categories do the characteristics of a project fall into?
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constraints and phases
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What must be done to each requirement when developing them for a project?
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provide metrics by which they can be measured
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