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16 Cards in this Set
- Front
- Back
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What are the 6 elements of a typical scope statement?
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1. Project objective
2. Deliverables 3. Milestones 4. Technical requirements 5. Limits/exclusions 6. Review w/ customer |
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What question does a project objective answer?
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What
When How much |
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What does it mean if project priorities include: time-constrain, scope-accept, cost-enhance?
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Time is fixed parameter
Reduce scope requirement Want to optimize budget |
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What kinds of info are included in a work package?
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Defines work activities
Who is responsible for each task What resources are needed for WP Time to complete each WP Cost to complete WP |
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When would a responsibility matrix be more appropriate than a full-blown WBS?
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For a project that's small or of narrow scope
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How does a communication plan benefit management of projects?
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Controls information flow
Reduces confusion/unnecessary interruptions |
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Why are accurate estimates critical to effective project management?
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Support good decisions
Schedule work Determine project length/cost Determine if project worth doing Develop cashflow needs Determine how well project is progressing |
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How does the culture of an organization influence the quality of estimates?
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Some allow padding; other strongly discourage it
Organizations vary in the importance placed on estimates |
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What are differences between bottom-up and top-down estimating approaches?
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Bottom-up: micro; estimate elements of WP
Top-down: macro; derived from analogy/group consensus |
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Under what conditions would you prefer top-down or bottom-up over the other?
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Top-down: strategic decision making, high uncertainty, small internal project, unstable scope
Bottom-up: cost/time important, fixed-price contract, customer wants detail |
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What are the major types of cost?
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Direct: must be paid as proj progresses (labor, materials)
Overhead: must be paid in long run (salary, rental space) General/Administration: Not directly linked to project (advertising, accounting) |
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How does WBS differ from the project network?
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Project networks are developed from WBS; they are graphical display of flow, can be easily modified, provides estimation of activity durations
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Why is slack important to project manager?
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Shows critical path
Helps show network sensitivity |
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What is difference between free slack and total slack?
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Free slack: amount of time an activity can be delayed w/o delaying a successor
Total slack: amount of time an activity can be delayed w/o delaying entire project |
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What is hammock activity and when is it used?
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Spans a segment of the project
Used to aggregate sections of project so can get right amount of detail |
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How are WBS and change control connected?
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Changes made are reflected in WBS; they maintain integrity of the WBS
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