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98 Cards in this Set
- Front
- Back
What document requires the most extensive approval process |
Contract |
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The principle that states work expands as to fill the time available for its completion |
Parkinson's Law |
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What are some important modern quality management approaches? (5) |
(1) Customer Satisfaction (2) Prevention over inspection (3) Continuous Improvement (4) Management Responsibility (5) Cost of Quality |
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What process should be completed prior to the Validate Scope Process? |
Control Quality (quality = internal validate scope = external) |
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If Path Duration is Given, do you need to add +1? |
No, go back and watch that lecture you fool |
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Do preventative actions and corrective actions affect project baselines? |
No, but defect repairs may. PA and CA affect the performance against baselines. But are meant to keep work in line with the PM Plan |
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What process are you performing if you are gathering lessons learned and using the to improve the future execution of the project? |
If the project is still in the execution phase, Direct and Manage Project Work |
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What process is needed to determine if any unapproved scope has been added to the process? |
Perform the Control Scope Process |
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What tasks are performed as part of the Manage Stakeholder Engagement Process? |
(1)Addressing stakeholder concerns (2)Resolving Stakeholder Issues (3) Communicating with stakeholders |
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What Does RACI acronym stand for? |
R=Responsible A=Accountable C=Consulted I=Informed |
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What should be reviewed at Project Closure? |
Project Baselines (among others) |
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Precision |
Values of Repeated measurements are clustered and have little scatter |
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Accuracy |
The measured value is very close to the true value |
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What is the cost of quality? |
The sum of costs incurred on prevention and appraisal. It includes training, rework, review, quality planning, etc -Cannot include other tasks if they aren't specifically spelled out |
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What is payback? |
The payback is the time it takes to pay back an investment *want it to be short |
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What is the Perfromance Measurement Baseline? |
The Total PV. It is also known as the Budget at Completion (BAC) |
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What helps project team members group potential causes of risk that may be encountered on a project? |
Risk Breakdown Structure - it is a hierarchical representation of risks according to their risk categories |
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What are the 2 processes of the initiating phase? |
(1) Develop Project Charter (Integration Management) (2) Identify Stakeholders (Stakeholder Management) |
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The value of work performed (expressed in terms of the approved budget assigned to it) |
Earned Value |
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What is a forecasting method used on projects? |
Simulations |
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Where can acceptance criteria for requirements be found? |
Requirements Documentation |
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What is the range of an estimate called? |
Confidence Interval |
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What are the knowledge specific to an organization regarding how to approach performing wok, methods acceptable for performing work, and who is influential of the work known as? |
Cultural Norms |
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What is a structured analysis of the seller's progress to deliver a product or service within cost, schedule, and quality req's reffered to as? |
Procurement Performance Review |
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What are the 4 outputs of the Perform Quality Assurance process? |
(1) Change Requests (2) PM Plan Updates (3) Proj Document Updates (4) Quality Control Measurements |
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What are some of the outputs of the Plan Procurement Management Process? |
(1) Procurement Documents (2) Source selection criteria (3) Make-or-buy decisions |
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What things can resource leveling influence? (3)
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(1) Change in critical path (2) Activity Duration (3) Ativity Attributes |
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What procurement processes use procurement negotiation? |
Conduct Procurements and Close Procurements |
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What is another term for Budgeted Cost of Work Performed |
Earned Value |
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A set of interrelated actions and activities performed to achieve a pre-specified product, result or service |
Processe |
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A temporary endeavor undertaken to create a unique product, service, or result |
Project |
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Work Performance Data is an output of what process? |
Direct and Manage Project Work
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The ability to identify, process, and comprehend the critical elements of of information at a given moment |
Situational Awareness |
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Where are risk register updates performed? |
The Control Risks Process |
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What is the relationship between Early Start and Late Finish? |
It is equal to the Activity Duration plus Activity Float |
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What term describes the essence of Knowledge Management (Stewart) |
Connection, not collection |
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When are scope changes approved or rejected? |
Perform Integrated Change Control |
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4 inputs into the Identify Stakeholders Process |
(1) Project Charter (2) Procurement Documents (3) EEFs (4) OPAs |
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What process is focused on tracking, reviewing, and regulating the progress to meet performance objectives defined in the PM plan? |
Direct and Manage Project Work |
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What is a common clause in contracts that frees both parties from liability or obligation when an extraordinary event or circumstance prevents the parties from fulfilling their obligations |
Force Majuere Clause |
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Requirements documentation for non-functional requirements and functional requirements (technology, support/training, quality, and reporting documents) are part of what types of requirements? |
Solution Requirements |
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What document gives the information about how often Risk Management processes should be performed? |
Risk Management Plan |
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Taking an existing process and making it fit current project needs |
Process tailoring |
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What are outputs of the cost estimate process? |
Activity Cost Estimates Work Package Cost Estimates Basis of Estimates |
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When is a Cost Baseline Created? |
Determine Budget |
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Is groupthink a benefit? |
No |
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What are the tools and techniques of Develop Project Charter? (2) |
Expert judgement and Facilitation Techniques |
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What are some techniques to employ if a project is behind schedule? |
Schedule compression Adjusting leads and lags What-if Scenario analysis to ID if alternate sequences can be used to compress schedule |
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What is the only communication model? |
Sender-Receiver Model |
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What are communication methods? (3)
(hint: there is only one communication model) |
Push Pull Interactive |
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Who declares formal closure of a procurement contract? |
The Buyer (must notify seller) |
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What is contained in the Lessons Learned Database? (4) |
Project records and documents Project closure info and documenatation Info on results of previous decisions/project performance Info on Risk Management Activities |
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What is the first step in processing any change request? |
Fully analyze and understand its impact to the project. This allows for the change request to be properly filled out and presented to the CCB |
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What process uses the change log? |
Manage Stakeholder Engagement |
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Which project baseline are project deliverables documented? |
Scope Baseline |
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Represents the uncertainty in values such as schedule activities and costs of components |
Continuous Distributions |
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Used to represent uncertain events such as the outcome of a test or a possible scenario |
Discrete Distribution |
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Used when no obvious value that is more likely than any other between specified high and low bounds |
Uniform distribution |
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What process uses an issue log? |
Control Communications (it is an output of Manage Communications) |
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Duration buffers are non-work schedule activities |
true |
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Where are strategies for complying with gov't regulations, union contracts, and other HR policies contained? |
Staffing Management Plan |
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What is the biggest advantage of centralized contracting? |
Increase company expertise in dealing with contracts |
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What term is defined as: A quality WBS is a WBS constructed in such a way that it satisfies all of the requirements for its use in a project - |
WBS Quality Principle 1 |
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What process is performed to protect against gold plating? |
Control Scope |
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What parts of the PM plan are part of the Control Costs Process |
Cost Baseline and Cost Management Plan (all other subsidiaries are just general project documents) |
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Kanban |
A pull system used in Agile PM. Born in Lean Manufacturing and means signal. |
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What should be done first if unethical behavior is detected? |
Report the issue to management |
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What is the ideal action for low priority risks? |
Keep them on a watch list |
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If NPV is given, and a project is to be selected based on only NPV, what should you do? |
Select the highest NPV |
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Who is associated with the Plan-Do-Check-Act Cycle? |
Deming (developed by Shewhart) |
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What should someone do with allegations before escalating? |
Carry out detailed investigations |
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The administration of procurement relationships defined by terms agreed to by two or more parties in a legally binding document is referred to as.... |
Contract Management |
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What method is used to compare the amount of buffer remaining vs amount of buffer needed to protect a project delivery date? |
Critical Chain Method |
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Difference between scope creep and gold plating? |
Gold plating is typically scope that is added by the project team who perceives it to be a positive addition |
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Who develops the project charter |
The project sponsor (no matter if they are internal or external. If they are the sponsor they do it) |
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If terms of the contract are met, what must the subcontractor be considered? |
Completed |
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What activity ensures that the composition of a project's configuration item is correct and corresponding changes are registered, assessed, approved, tracked, and correctly implemented? |
Configuration Verification and Audit |
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What are the 4 group decision making techniques? |
Unanimity Majority Plurality Dictatorship |
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What are considered Level of Effort activities in the WBS? |
Support-type activities |
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What are the 5 tools and techniques of Acquire Project Team |
Acquisition Pre-Assignment Negotiation Multi-Criteria Decision Analysis Virtual Teams |
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What process is actual performance against the PM plan analyzed? |
Monitor and Control Project Work |
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What helps with developing the project charter? |
Business Case Contracts OPAs |
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Where are project approval requirements listed? |
The Project Charter |
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What does NPV = 0 represent? |
Break-Even or Zero |
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What does not require an approved change request when it is changed? |
The Project Charter |
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What is the main reason meetings do not meet their intended goal? |
Necessary participants did not attend |
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Procurement audits are conducted in Close Procurements. What similar process is done in Control Procurements? |
Procurement Performance Reviews - focused on compliance with contract requirements |
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Example: If concrete must be cured for 3 days before flooring can be added. |
Lag time for flooring |
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What are some methods used to calculate depreciation? (3) |
Straight Line Double Declining Balance Sum-of-Years Digits |
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What is the first thing to be initiated to bring identified quality defects back in line with the specifications? |
Change Request |
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A procedure in operations management for analysis of all potential points of failure and the impact they may have |
Failure mode and effects analysis |
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Where are the status of change requests kept? |
Change Log |
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Where are communication issues from stakeholders kept? |
Issue Log |
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What are the 2 outputs of Close Project/Phase |
(1) Final Product, service, or result (2) OPA updates |
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What skill is often paired with Situational Awareness, where you have to be persuasive in expressing your point and position in order for your project team and stakeholders to react quickly to changing project priorities |
Influencing |
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Which process uses variance and trend analysis techniques? |
Control Risks |
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What process creates the issue log? |
Manage Stakeholder Engagement |
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What gives you a better understanding of a business' day to day operations? |
Operational Awareness |