Cert flashcards 4

Question 1

A documented economic feasibility study used to establish validity of the benefits of a selected component lacking sufficient definition and that is used as a basis for the authorization of further project management activities.

Answer 1

Business Case

Question 2

A formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project and for recording and communicating such decisions.

Answer 2

Change Control Board (CCB)

Question 3

A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.

Answer 3

Change Control System

Question 4

A comprehensive list of changes submitted during the project and their current status.

Answer 4

Change Log

Question 5

The process of finalizing all activities across all the Project Management Process Groups to formally complete a project or phase.

Answer 5

Close Project or Phase

Question 6

An intentional activity that realigns the performance of the project work with the project management plan.

Answer 6

Corrective Action

Question 7

An intentional activity to modify a nonconforming product or product component.

Answer 7

Defect Repair

Question 8

The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.

Answer 8

Develop Project Charter

Question 9

The process of defining, preparing, and coordinating all subsidiary plans and integrating them into a comprehensive plan.

Answer 9

Develop Project Management Plan

Question 10

The process of leading and performing the work defined in the project management plan and implementing approved changes to achieve the project’s objectives.

Answer 10

Direct and Manage Project Work

Question 11

The uncontrolled expansion of product scope without adjustments to time, cost, and resources. Like scope creep but is initiated by a project team member who adds features or configuration elements, bypassing integrated change control.

Answer 11

Gold Plating

Question 12

Coordination of project elements to ensure that they all fit together harmoniously.

Answer 12

Integration

Question 13

The knowledge gained during a project which shows how project events were addressed or should be addressed in the future for the purpose of improving future performance. (Note: The knowledge is documented and archived in a knowledge base for retrieval by future projects.)

Answer 13

Lessons Learned

Question 14

The process of tracking, reviewing, and reporting the progress to meet the performance objectives defined in the project management plan.

Answer 14

Monitor and Control Project Work

Question 15

The resources that an organization commits to a project and can’t simultaneously commit to other projects or business opportunities.

Answer 15

Opportunity Cost

Question 16

The process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating the decisions.

Answer 16

Perform Integrated Change Control

Question 17

An intentional activity that ensures the future performance of the project work is aligned with the project management plan.

Answer 17

Preventive Action

Question 18

A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.

Answer 18

Project Charter

Question 19

The processes and activities to identify, define, combine, unify, and coordinate the various process and project management activities within the Project Management Process Groups.

Answer 19

Project Integration Management

Question 20

A document that describes how a project will be executed, monitored, and controlled, and closed.

Answer 20

Project Management Plan

Question 21

The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources.

Answer 21

Scope Creep

Question 22

A formal proposal to modify a document, deliverable, or baseline.

Answer 22

Change Request

Question 23

Any previous investment that was made in a prior project or phase; irrelevant to a cost-benefit analysis because the only relevant question is whether an additional investment will generate profits.

Answer 23

Sunk Cost

Question 24

A component of the project management plan that describes how to identify and account for project artifacts under configuration control, and how to record and report changes to them.

Answer 24

Configuration Management Plan

Question 25

A collection of procedures used to track project artifacts and monitor and control changes to these artifacts.

Answer 25

Configuration Management System

Question 26

Knowledge that can be codified using symbols such as words, numbers, and pictures.

Answer 26

Explicit Knowledge

Question 27

A project document where information about issues is recorded and monitored.

Answer 27

Issue Log

Question 28

A project document used to record knowledge gained during a project so that it can be used in the current project and entered into the lessons learned repository.

Answer 28

Lessons Learned Register

Question 29

A store of historical information about lessons learned in projects.

Answer 29

Lessons Learned Repository

Question 30

The process of using existing knowledge and creating new knowledge to achieve the project’s objectives and contribute to organizational learning.

Answer 30

Manage Project Knowledge

Question 31

An outcome of actions, behaviors, products, services, or results that provide value to the sponsoring organization as well as to the project’s intended beneficiaries.

Answer 31

Project Benefit

Question 32

A document that describes how and when the benefits of the project will be delivered, and describes the mechanisms that should be in place to measure those benefits.

Answer 32

Project Benefits Management Plan

Question 33

A store of historical information about lessons learned in Personal knowledge that can be difficult to articulate and share, such as beliefs, experience, and insights.

Answer 33

Tacit Knowledge

Question 34

The assurance that a product, service, or result meets the needs of the customer and other identified stakeholders.

Answer 34

Validation

Question 35

The evaluation of whether or not a product, service, or result complies with a regulation, requirement, specification, or imposed condition.

Answer 35

Verification