Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
42 Cards in this Set
- Front
- Back
Whats the Deming Circle? |
Plan - Do - Check - Act Identify - develop - Measure - Implement |
|
What are are integrated tools? |
Covering the life-cycle of a project like Microsoft Project, Trac Project, pbwiki, Dropbox |
|
What are stand alone tools? |
Only used for a some phases or a process like PERT, Workflow systems, EVM Systems, Communication Systems. |
|
Polaris project success |
Well defined goals, needed resources were viable, management were skilled, staff was skilled, good coordination and communication.
|
|
Areas of Expertise needed by the Project Management Team |
Soft Skills, Application Area Knowledge, Standards & Regulations, General Management Knowledge & Skills, Understanding the Project Enviornment |
|
Whats the triple constraint |
Triangle of Scope, Cost and Schedule (Time), in the middle Quality |
|
Whats the diamond? |
New description of the project focus: Cost, Quality, Time and Scope ; in the center customer expectations |
|
PMO |
Project Management Office (PMO) is the department of gourd that defines and maintains the standards and processes related to project management within an organization.
|
|
Maturity Model |
Evaluation of the quality of an process and activities to improve the quality. Based on performance and level of implementation in the project. 5 Levels: Adhoc, Foundation, Managed, Integrated, Optimizing. |
|
Whats a Project? |
temporary, create a unique product, service or result; definite beginning and ending; Ends with the Objective or by schedule; |
|
5 Project Management processes |
Initiating, Planning, Executing, Monitoring and Controlling, Closing |
|
6 main Points of a project |
Scope, Quality, Schedule, Budget, Resources, Risk |
|
Portfolio Management |
identifying, prioritizing, authorizing, managing and controlling projects, programs an other related work to achieve specific strategic business objectives. |
|
Program Management |
A program is defined as a group of related projects managed in a coordinated way to obtain benefits. Not managing them individually. Achieve the program's strategic objectives and benefits. |
|
Roles of a Project Manager |
Achieve the project objectives. Can report a functional Manager or a portfolio / program manager. 5 Characteristics: Knowledge, Doer, Conviviality, Trust, Delegation |
|
Delegation |
What to delegate, to whom until when |
|
Project Live Cycle |
The life cycle provides a basic framework for managing the project, regardless of the specific work involved. |
|
Project Phases Examples |
Strategy and Business, Preparation, Design, Develop and Test, Training and Business etc. |
|
Points in a Phase: |
Phase exit, milestones, phase gates, decision gates, stage gates or kill points. |
|
Phase to phase relationships |
A sequential relationship An overlapping relationship An interactive relationship |
|
Stakeholders |
Are actively involved in the project or can influence the project or whose interests may be positively or negatively affected. Could be internal or external. |
|
Whats a Baseline |
Perform analysis to evaluate performance against expected values. Refers to the accepted and approved plans and related documents. Measure and control the execution of project activities. |
|
Whats a SOW |
Statement of Work: Description of products and services to be delivered by the project. References: Business need Product scope description Strategic plan and viability plan |
|
Project Charter |
Autorizes a project (also authorizes the project manager to manage the project). Issued by the Sponsor. |
|
Initiating Process Group |
Define a new project or a new phase of an existing project. => Initial scope is defined and initial financial resources are committed. Stakeholders are identified. Project manager will maybe assigned, if not already happened. |
|
Project Management Plan |
Outcome from the planning process group. Consist the total scope, define and refine the objectives. Planning and documentation are iterative and ongoing processes. Scope, Time, Costs, Quality, Communication, Risk and Procurements |
|
Executing Process Group |
Coordinating people and resources, as well as integrating and performing the activities of the project. |
|
What is a WBS |
Work-Break-down Structure: is goal oriented, deliverable oriented, it is addressed to the objectives of the project (goal). Support project Status, a communication tool, input to process management process. => Outcome orientated =>What must be delivered |
|
Unit of Effort |
man - hours (man-days, man-weeks, man-moth) |
|
Whats a RAM |
Responsibility assignment matrix |
|
RACI Model: |
Responsible; Accountable; Consulted; Informed |
|
Project Charter |
statement of the scope, objectives, and participants in a project |
|
AOA, ADM, AON |
AOA: Activity on arrow; ADM: Arrow diagramming method; AON: Activity on node |
|
How long is it good to shorten the project length by crashing time? |
Crashing costs are less than indirect costs |
|
Whats a PMB |
Performance measurement baseline: 1: Deploy WBS 2: Sound base of planning and budgeting 3. Create the schedules 4. Authorize the budget (budget at complete or BAC) 5. Time-phase the budget |
|
Risk Management |
Risk identification, Qualitative Risk Analysis, Quantitative Risk Analysis, Risk Monitoring and Control, Risk Response and Planning |
|
Which of these is not one of the constraints of a project? Scope Resources Team Budget |
Team |
|
Which of the following is not correct about initial phase of a project? The cost associated at the beginning of the project is highest. Stakeholders have maximum influence during this phase The highest uncertainty is at this stage of the project. All the above statements are correct. |
The cost associated at the beginning of the project is highest. |
|
There are two processes in the initiating process group. These are part of which knowledge area? Project Cost Management Project Scope Management Project Time Management Project Integration Management |
Project Integration Management |
|
Qualitative Risk Analysis |
The process of prioritizing risks for further analysis action by assessing and combining their probability of occurrence and impact. |
|
Quantitative Risk Analyses |
The process of numerically analyzing the effect of identified risks on overall project objectives. |
|
Which of the following is not an example of formal communication? Contract Project status report Status meeting |
|