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38 Cards in this Set

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