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39 Cards in this Set
- Front
- Back
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What component conveys that you have acheived completion of an interim deliverable?
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milestone
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What is the best way to prevent scope creep?
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make sure the requirements are thoroughly defined and accepted before the project begins
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In which phase is the PM most visible?
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controlling
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What are the two main types of milestones?
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major and minor
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In which process are budgeted costs compared to actual?
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variance analysis
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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 formula for a cost performance index (CPI)?
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BCWP / ACWP
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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 signals the end of the planning phase?
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the formal signing of the project plan
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What is the name of elements that might have a direct impact on the length of the project scope?
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constraints
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What is the formula for a schedule performance index (SPI)?
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BCWP / BCWS
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Other than the PM, what two groups should review a project plan?
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stakeholders and sponsor
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What component authorizes a project to begin?
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the charter
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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 does PMI describe the three basic constraints as?
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cost, schedule and scope
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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 two sets of criteria must be alluded to in the scope document?
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success and completion
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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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What is the typical output of the initiating phase?
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project charter
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What are the five process groups defined by the PMI?
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Initiation, Planning, Executing, Controlling, Closing
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What does PMI call phases?
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process groups
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Along with its description, a milestone should have what two components?
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entry and exit criteria
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When comparing the ratio of budgeted to actual hours or dollars spent, which type of variable should be used?
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index variables
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What typically serves as the input for the initiating phase?
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customer request
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What is the name given to the fact that, due to its uniqueness, a project budget and schedule will be continually refined?
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progressive elaboration
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What two types of indexes are associated with earned value analysis?
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cost performance index (CPI) and schedule performance index (SPI)
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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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What is the outcome of a Work Breakdown Structure?
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deliverables
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What must you do to each requirement when developing them for a project?
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create metrics
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Who is responsible for signing the project charter?
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the sponsor
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When is it the job of the project manager to also manage the team members?
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always
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What document defines the height and breadth of a project?
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the scope document
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What is the process in which financial variables are examined to determine where you are at in a project called?
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value analysis
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In what four ways can a project be declared complete?
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deliverables have been created; success & completion criteria have been met; project has been cancelled; resources are depleted
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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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In which process do you determine whether there is enough money in the budget or enough hours left to complete a project?
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earned value analysis
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What is the most common cause of cost overruns for IT projects?
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add-on costs were not recognized
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What are the two outflows from the closing phase?
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documentation and released resources
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What is the typical input of the planning phase?
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project charter
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