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36 Cards in this Set
- Front
- Back
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Iron Triangle |
Time, scope , resources Additional - quality |
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What is the larger picture of the project management process |
Identify work plan work monitor work manage risk of work communicate to shareholders |
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Project manager skills PMBOK |
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Project manager skills - Nash |
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Management theory x vs y |
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PMBOK structure |
Integration Scope Time Cost Quality Human resources Communications Management |
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Interesting Integration management |
About connecting activities in deliverables Not products themselves |
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Differences between stakeholder input and project scope |
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What is a work breakdown structure |
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What is WBS process |
Refinement |
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How to network diagram |
All paths from start to end s-A-B-C-e s-A-E-F-e s-D-E-F-e |
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What is the critical path? |
Critical path is path with largest length not number of steps. Usually they are the same |
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What is network diagram 'Float' |
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What is 'crashing' |
Adding more resources to reduce durations |
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What is 'fast tracking' |
Doing serial tasks in parallel |
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What is the Delphi method for construction estimates |
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What are 3 point estimates |
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What are different types of estimate distributions |
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How does the project manager influence estimates |
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How to calculate PERT estimates? |
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Calculation of standard deviation using PMBOK |
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What are Earned value metics |
Measures Conversion of money to deliverables Measured in units of money |
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BAC |
Budget at completion Total expected cost |
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PV |
Planned value BAC * planned percent compete (how far along the project is supposed to be, in percentage)
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EV |
Earned value BAC * actual precent complete (how much is actually done) |
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AC |
Actual Costs How much has been spent at a point in time |
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CV |
Cost variance EV - AC How much actual costs differ from planned costs |
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Schedule variance |
EV - PV How much actual differs from the plan |
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CPI |
Cost performance index EV / AC How much work being done for every 1$ of planned work |
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SPI |
Schedule performance index EV / PV How fast is project proceeding compared to the plan |
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Risk exposure |
Risk impact * risk probability |
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Risk mitigation |
Reduction in the extent of the exposure to a risk We want cost of mitigation to be less than exposure |
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What is cost of quality |
As decisions make things clearer the cost of quality as a percent of sales should go down Internal External Appraisal Prevention
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What are the steps in a process model |
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What are the diffs between waterfall, V and spiral |
Waterfall has a hard time taking into consideration changes from previous steps V based on waterfall Dev phases create acceptance criteria Spiral can have no end |
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What is diff Agile vs classical |
Manage reduction of economic risk over the life of the project |
