APM Flashcards

1
Q

What is a programme?

A

A programme is a collection of interdependent projects that contribute towards the organisational strategic objectives and success.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

What is a project?

A

A unique, transient endeavour that is designed to bring organisational change. Seeks to deliver benefits as a result of products & outcomes. Benefits are usually seen in profit.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

What is a portfolio?

A

The organisational governance and view over its projects and programmes.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

When is portfolio required?

A

Hollistic view of workload is needed
Organisiational capacity needs understanding
Standardisation and consistency is required
Management of organisational risk is needed
Coordination of the impact on BAU

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Whats the difference between projects and programmes

A

Projects usually deliver one core output/product and one core benefit at a unique set time. Programmes deliver outputs and benefits throughout.
Projects usually have one customer.
Programmes usually have multiple, related projects.
Projects are usually standalone.
Programmes tend to be strategic whereas projects are tactical.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

What is the core aim of governance?

A

Bridges the gap between the organisation and the project environment. Provides or expands upon an existing, organisational framework which will support govern and structure the way the project is managed, delivered.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

What are the four main areas of governance?

A

Portfolio Direction
PM Capability
Disclosure and reproting
Project Sponsorship

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

What are the benefits to good, effective project governance?

A
Consistency
Clarity
Capability
Continuity
Communications
Helps identify risks
Align to organisational strategy
Ensure clear accountability
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

What is project management methodology and what are its contents?

A

PM methodology is a set of standards which controls how a project operates within its environment. Two types; public or proprietary (aligned to organisational governance, systems, processes etc).

Contents:
People
Products
Processes
Document Templates
Tools
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Name 5 responsibilities of a project manager?

A
Raising change requests
Ensuring project staff follow governance
Develop staff
Advise and support staff
Escalate issues
Input into project reviews
Writes the business case
Writes the PMP
Manages stakeholders
Create budgets
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Name 5 responsibilities of a project sponsor?

A
Advises the PM
Assesses and decides outcomes of change
Influences stakeholders
Chairs gate reviews
Chairs stage reviews
Own the business case
Identify strategic risks
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Name 5 responsibilities of a project team?

A
Create metrics
Liaisie with stakeholders
Identify risks
Identify change
Identify issues
Delivers product to project constraints and parameter s
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

What is the Thomas Killmann conflict model?

A
Describes conflict styles people may show depedning on the situation, cooperativeness and assertiveness:
Compromising
Competitive
Collaborative
Accomodating
Avoidiing
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

What are the four types/categories of negotiation?

A

Competitive
Collaborative
Formal
Informal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

What is the negotiation process?

A

Includes five stages;

Identify need for negotiation
Plan
Discuss
Propose and Agree
Document/Review
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

What are the 3 stages of the benefits management process?

A

Identify
Manage
Realise

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

What are the sections and supporitng aspects of the business case?

A
Core sections:
Strategic case
Economic Case
Financial Case
Commercial Case
Management Case
Supporting information:
Risks
Depedencies
Assumptions
Plan
Success criteria
Budgets
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

What is Maslows hierarchy of needs?

A

Motivational factors that come in levels of priority/need:

Pyschiological
Safety and Security
Love and Belonging
Esteem
Self actualisation
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

What is Herzbergs two factor theory?

A

Two set of factors that are interdependable on each other to provide effective satisfaction and motivation amongst employees:

Hygeine - environment, security, salary
Motiviation - recognition, responsibility, development

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

What is the PRAM process?

A

Project, Risk, Analysis, Management:

  1. Initiate
  2. Identify
  3. Assess
  4. Plan Responses
  5. Update Plans/Review
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

What are the 4 approaches/responses to risks and opportunities?

A
Risks/Threats:
Accept
Reduce
Transfer
Avoid
Opportunities:
Exploit
Enhance 
Share
Reject
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

What is Tuckmans model for team development?

A

Describes the stages a team goes through:

Forming
Storming
Norming
Performing
Adjourning
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

What are the 4 main breakdown strucutres?

A

Product Breakdown Structure (PBS) - Describes all the products/outputs the project will produce

Work Breakdown Strucutre (WBS) - Describes all the associated work required to produce the outputs/products.

Organisational Breakdown Structure (OBS) - Describes all the people required and involved in undertaking the work and producing the specified outputs.

Cost Breakdown Structure (CBS) - Describes all the associated costs with the work, whos doing it, materials etc.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

What is scope?

A

Describes what the project will / won’t do.
Describes all the associated work and outputs
Describes all the expected benefits which will arise as a result from the outputs.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

What’s the difference between estimates and budgets?

A

Estimate = a forecast on how much something will cost to produce / how long something will take. Estimates are between two figures. Estimates are subjective and differ between people depending on certain factors such as; SQEP, previous data, experience, assumptions, known risks.

Budgets = An amount of allocated money to a project task or activity. Budgets are assigned by the PM and given to Team managers which are then used at work package level. Budgets are a total forecast on how much something should cost, they’re not always right though.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

What are the 6 steps in a typical procurement process?

A
Make or buy?
Contractual Relationship
Supplier Reimbursement method
Supplier Selection (ITT, analyse etc)
Contract Administration
Feedback and Review
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

What is Crosby’s view on Quality?

A

‘Cost of Quality’ - Quality pays for itself through proactive management.

As the prevention costs rise, the failure and prevention costs will fall.

Through organisational maturity, LFE, continuous improvement etc.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

What is the Pareto Analysis?

A

80:20 rule.
80% of faults are cause by 20% of the root causes.
Therefore by focusing attention to the root causes, and identifying these is most effective.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

What are Belbin’s team roles?

A
9 roles that exist within every team, someone may be more than one:
Plant
Resource investigator 
Co-ordinator
Shaper
Monitor Evaluator
Teamworker
Completer Finisher
Specialist 
Implementer
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

What are the 5 stages of the requirements management process?

A
Idenitfy / Capture 
Analyse
Jusitify 
Document
Test
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
31
Q

What are the 5 stages of the configuration management process?

A
Planning
Identification
Control
Status Accounting 
Audit
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
32
Q

What are the 5 stages when raising a Change Request?

A
Submit Change Request
Initial Assessment
Impact Assessment
Decision / Recommendation 
Update plans & implement change
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
33
Q

What is the importance of change and configuration management practises/processes?

A

Change control - implements the change.
Configuration management - manages the change and its impact on other products.

Ensures only beneficial changes are made
Analyses the change
Ensures revisions are updated
Ensures requirements are still met
Ensures appropriate governance, control and accountability
Helps identify new risks
Provides clarity between departments/functions
Provides assurances to stakeholders over on-going changes
Ensures products work as expected with interrelated products
Changes are formally documented and recorded regardless of the outcome
Ensures the project scope is managed and baselines are secure

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
34
Q

What are the disadvantages of change control?

A

Process may be long and delay the project
May cause conflict between the person who raised it and rejected it
Costly to implement, manage and upkeep
People might have the urge to cut corners and deviate from the process

35
Q

What are the 3 common investment appraisal methods?

A

Payback period - length of time to payback
Internal Rate of Return - Calcuates different discount factors to show potential values of money overtime.
Net Present Value - Calculates the value of money overtime

36
Q

What are the general advantages and disadvantages of investment appraisal techniques?

A

Advantages:
NPV & IRR take into account the future value of money
Looks at the whole project lifecycle
Calculates a single percentage, figure or time period.
Payback period is quick and easy to calculate.

Disadvantages:
NPV and IRR can be complex to calculate
Payback period doesn’t take into account future value of money
Payback period doesn’t take into account income after payback period.
NPV is reliant on what % is used

37
Q

What should typically be included in the Information Management Plan (PMP)

A
Scope
Roles and responsibilities
Tools and Techniques
Process 
Audit
38
Q

What are the 6 core aspects relating to information management?

A
Collection
Storage
Dissemination 
Archiving
Destruction
Reporting
39
Q

What are the 4 information principles?

A

Accurate
Relevant
Clear
Timely

40
Q

What are the 4 steps in the reporting cycle?

A

Gather data
Collate and Analyse
Information
Make decisions

41
Q

What are the 9 plans within the PMP?

A
Stakeholder
Communications
Resource
Information
Quality
Change/Configuration
Risk
Schedule
Procurement
42
Q

What should the PMP answer?

A
Who
What
When
Where
Why
How much
43
Q

How are the PMP and Business case used throughout the project life cycle?

A

Business Case:
Used as a reference point to judge and evaluate progress
Used to decide project viability
Helps handover and closure to ensure requirements have been met
Acts as a form of governance
Compare forecasts to actuals

PMP:
Communication tool
Used to refer back to for processes, techniques, practises
Acts as a governance document to compare actual management with expected management
Regularly reviewed to reflect current project state and business case

44
Q

What are the 4 PERT estimating techniques?

A

PERT = Programme, Evaluation, Review, Technique

Three point estimating
Comparitive
Bottom up
Parametric

45
Q

What is the stakeholder management process?

A

Idenitfy
Assess
Develop communication plans
Engage and influence

46
Q

What are common communication barriers?

A
Language
Commitments 
Loyalties
Culture
Location
Technology 
Attitude
47
Q

What are the impacts of not managing stakeholders effectively?

A

Project gets a bad reputation
Stakeholders influence the project negatively
Risks not fully identified
Scope not fully captured
Makes it difficult for future cooperation
Benefits not fully understood

48
Q

What are some common resource management techniques?

A
Smoothing
Levelling
Crashing
Splitting
Overtime 
Reduction of scope
49
Q

What is the difference between total and free float?

A

Total float = Amount of time an activity can be delayed without impacting upon the project end date

Free float = Amount of time an activity can be delayed without impacting upon the succeeding activity’s start/end date.

50
Q

What is the criticial path?

A

The sequence of activities with the lowest amount of float - which is usually 0.

51
Q

What is the difference between smoothing vs levelling

A

Resource Levelling = Managing and utilising resources to avoid peaks and troughs. When resource constraints are paramount.

Resource smoothing = When time constraints take priority. Use of float and maximising efficiencies to manage resources without delaying the project end date.

52
Q

What are the advantages and disadvantages to the use of software for planning?

A
Advantages:
Quicker
Automatic calculations
No calculation errors
Supports what if scenarios
Compatible with organisational systems
Produce reports 
User friendly and intuitive 

Disadvantages:
Expensive
Time and money to buy, implement and update
Overreliance on systems
Potentially hinder innovation
Can make staff more naive to implications.

53
Q

What are the benefits to budgeting and cost management?

A

Clear documentation of all costs
Effective governance
Helps forecast performance
Helps prepare cash flow
Compare vs initial forecasts and estimates
Provides assurance to stakeholders over expenditure
Easier to spot deviations
Makes it easier to request and justify extra funding

54
Q

What is earned value?

A

Calculating the project current performance vs what was initially forecasted in the given time frame.

Calculation provides a quantitative figure in terms of money and time.

Forecasts future performance based on current

Indicates potential problems causing performance issues

Acts as a KPI

55
Q

What are the advantages and disadvantages of earned value?

A

Advantages:
Provides quantitative figures in terms of time and cost
Shows actual performance vs what was forecasted
Shows what might be going wrong
Can be presented clearly in graphs
Forecast future performance based on current performance

Disadvantages:
Complex to calculate 
Difficult to explain details
Doesn't account for quality
Relies on honesty
Relies on accurate data
Requires tight control of costs
Reliance on % of work complete. May be difficult when producing software.
56
Q

What are the 4 core aspects of quality?

A

Quality Planning
Quality Control
Quality Assurance
Continuous Improvement

57
Q

Why is proactive risk management required?

A

Defines how risks are dealt with
Establishes a risk culture
Helps achieve continuous improvement
Creates contingencies
Attempts to reduce the impact and probability
Forms a part of governance
Creates clarity between project and organisation/customer over on-going risks

58
Q

What are the common failures with issue management?

A

Not escalating issues
Issues not being dealt with once esclated
Contingencies not being used
Losing track of accountability

59
Q

What other functions does Quality interact and depend on?

A

Configuration Management
Change Control
Requirements Management

60
Q

What’s the difference between quality assurance and control

A

Assurance:
Process associated with demonstrating and providing confident to all stakeholders that the quality requirements will be achieved.
Assures that plans, processes, procedures and practises are being followed.

Control:
Techniques used to ensure and maintain the quality in the project’s outputs, products, processes etc.

61
Q

What are some quality assurance methods?

A

Audits
Training
Supplier accreditation
LFE

62
Q

What are some quality control methods?

A

Inspection & measurement
Walk throughs
Pareto Analysis
Process control charts (documenting results throughout)

63
Q

What are the benefits of a quality management plan?

A
Reduces the chances of quality issues 
Reduces defects
Reduces re-work
Increases motivation
Increases reputation
Ensures continuous improvement
Provides confidence when producing safety critical systems
Provides assurance assurance to stakeholders and governance due to clear documentation, strategies and procedures.
64
Q

What are the main types of reimbursement methods?

A

Fixed price
Cost plus
Target cost
Time and materials

65
Q

What are common types of contractual relationships?

A

Single
Parallel
Sequential
Prime

66
Q

What are the 6 main stages to a supplier selection process?

A
Research the market
Shortlist potential suppliers
Invitiation to Tender (ITT)
Answer queries
Analyse bids
Award the contract
67
Q

What is the Hersey and Blanchard Leadership model?

A

Situational leadership. Describes different styles that can be used depending on the situation, person, readiness and commitment.

Directing
Coaching
Supporting
Delegating

68
Q

What are the most common type of leadership styles?

A
Democratic
Autocratic
Paternal
Consulative 
Laissez Faire
69
Q

What are the implications of poor leadership?

A
Low motivation
High labour turnover
Difficulty to recruit new staff
Impact on quality
Higher absence rate
Conflict
70
Q

What is a functional organisation?

A

An organisation which revolves around the functions (BAU) and projects are prioritised second.

Consists of heads of.. finance, HR etc

They control resources, act as line managers.

71
Q

What is a project organisation?

A

Organisations structured around projects. Project managers have full responsibility and are given a project team.

72
Q

What are common laws/legislation that projects operate under?

A
Environmental / Waste & Disposal
Employment rights
Working conditions
Freedom of Information Act
Official Secrets
Data protection act
Health and Safety
73
Q

What are the phases involved in a project lifecycle and extended life cycle?

A

Concept
Definition
Development
Handover and Closure

Extended life cycle:
Benefits Realisation
Operations
Termination

74
Q

What are matrix organisations?

A

Combination of both functional and project organisation.
There are functional managers with project managers embedded within the function.
Project managers have control over resources and are usually prioritised.
Workers tend to report to both their project manager and their functional manager.

75
Q

What are the strengths / weaknesses of matrix organisations?

A
Advantages:
Utiliise staff
Visibility of resource availability 
PM holds authority
Specialist skills are maintained 
Disadvantages:
Sophisticated resource management required
Conflict between loyalties
Conflict between priorities 
Good communication required
76
Q

What are the advantages and disadvantages of a project based organisation?

A

Advantages:
Clear focus and objectives
Clear hierarchy
Clear roles and responsibilities

Disadvantages:
Little job security 
Cause duplication
Under utilisation 
Expereince tends to leave organisation once complete
77
Q

What are the advantages and disadvantages of a functional based organisation?

A

Advantages:
Specialist skills developed
Stability and security
Clear reporting structure

Disadvantages:
Less flexible
Doesn’t provide variety
Lead to under utilisation

78
Q

What information should be included within the communication plan?

A
Who
What
Why
How much
When
Where
79
Q

List key attributes of a good leader?

A
Patience
Adaptable
Risk taker
Communicator 
Clear 
Honest
Influential 
Motivational
Energy/Drive
Commitment 
Efficient
80
Q

What are the benefits of a team?

A
Produce more
Be more efficient in communications
Provides reassurance to stakeholders
Rewarding place of work
Develop constructive conflict
81
Q

Whats the purpose of the PMP?

A
Explain nature of project
Communicate strategies and processes
Provide a baseline 
Form a contract between the PM and sponsor
Basis for continuity throughout project
Acts a form of governance
82
Q

What are the difficulties of making an estimate?

A
Element of the unknown:
Subjective
Not knowing risks
Not knowing who will do the work
Assumptions
Dependencies 
Lack of previous data
83
Q

What are the two main types of resources?

A

Consumable - raw materials, petrol

Reusable - people, equipment

84
Q

What are the considerations a PM must take when managing resource?

A
Availability
Cost
Constraints
Training
Lead time