APMQ Study Guide Exam Flashcards

1
Q

“Describe two ways in which a project management office can assist a project manager to successfully deliver a project.”

A

“1. The PMO frees up time for the project manager by relieving part of the administrative burden from the PM.
2. The PMO provides assurance to the PM that work is going to plan; and that any deviations from the plan are properly understood.”

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2
Q
"Select three of the project roles below and describe their responsibilities
throughout the project.
■ Product owner
■ Project manager
■ Project sponsor
■ Project steering group"
A

“1) Project Manager-Develops and takes responsibility of the PMP, once approved the PM implements the PMP to monitor project costs, time, quality, issues, and risks, reports progress reports to sponsor and steering group. In transition the PM works with users to gain acceptance of PM and its handover.

2) Project sponsor-Develops the business case and appoints the PM, Leads gate reviews, approves the PMP, and authorises the resources needed, assists the PM during deployment and monitors risks, meets with starring group and provides progress reports, approves or denies changes to project scope and can stop project if benefits are not being realised according to the business, works with PM during transition to users for acceptance and handover, Is responsible insuring that all benefits have been realised at handover.

3) Project steering group-Is responsible for business issues associated with the project to ensure delivery of the project outputs and outcomes by approving budgetary stratify, defining, and realising risks, quality and timelines, making policy and resourcing decisions, and accessing requests for changes to project scope that impact the business case.

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3
Q

“Explain two differences between the responsibilities of the project sponsor and
project manager throughout the life cycle of the project.”

A
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4
Q

“Explain three characteristics of a matrix organisation structure when used by an organisation to deliver a change initiative.”

A

“1) In a matrix organisation , staff work for a line manager and report to them daily.

2) Project work is managed by the PM using staff across the business on an as needs basis.
3) As a mix of both functional and project organisations it can optimise resource utilisation and retain organsiation capability.”

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5
Q

“Select two phases of the project life cycle and describe a specific activity the
project manager would perform in each of the two phases.”

A
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6
Q

“Explain three steps in the creation of a responsibility assignment matrix. In each step explain who might be involved.”

A

“A.) Through the identification of work packages an organisational breakdown structure (OBS) can be combined with a work breakdown structure (WBS) to produce a responsibility assignment matrix (RAM)

B) Work Packages are ensured, allocated and the responsibilities identified by the PM. The OBS is valuable for communicating the reporting structure for the project to all stakeholders. The functional line managers in the delivery organisation would also consult the RAM to confirm the work that has been assigned to their people.”

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7
Q

“Describe two characteristics of a functional organisation structure when used to deliver a change initiative.”

A

“The head of the functional area would take overall responsibility for project delivery. A member of the department would be assigned to deliver the project, acting as the project manager.”

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8
Q

“Explain three ways in which a project would be influenced by the implementation of governance.”

A

“Governance implementation will influence a project by:

1) Enforcing a relevant business case to secure funding and assess feasibility.
2) Provides clearly defined processes and documentation, maintained throughout the delivery of the project.
3) Effective quality management ensuring the effective use of quality assurance and independent audit.”

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9
Q

“Describe two characteristics of a functional organisation structure when used to deliver a change initiative.”

A

“The head of the functional area would take overall responsibility for project delivery. A member of the department would be assigned to deliver the project, acting as the project manager.”

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10
Q

“Explain three ways in which a project would be influenced by the implementation of governance.”

A

“Governance implementation will influence a project by:

1) Enforcing a relevant business case to secure funding and assess feasibility.
2) Provides clearly defined processes and documentation, maintained throughout the delivery of the project.
3) Effective quality management ensuring the effective use of quality assurance and independent audit.”

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11
Q

“Describe two activities that would occur in the extended life cycle and not in the project life cycle. For each activity state who might be involved.”

A

“1) Adoption – operations and sustainment required to utilise the new project and enable the acceptance and use of the benefits. (PM & Users)
2) Benefits realisation – realisation of the required business benefits. (Sponsor & User)”

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12
Q

“Explain three reasons why a project might be structured in phases, following a linear life cycle.”

A

“1) Allows for a highly structured, predictable and stable project management.

2) Provides a transparent format for managing contracts and governance over the process.
3) Deployment of well-understood and clearly defined outputs trading time, cost and risk to achieve the right scope and quality.”

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13
Q

Describe two knowledge management activities that should be built into the day-to-day management of the project

A

“1) Project Reviews, ensuring that outputs of such reviews are fully documented and distributed throughout the organisation;
2) Workshops with facilitated activity focused on areas of the project such as risk, scope and quality performance.”

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14
Q

Explain three reasons why an iterative life cycle might be used to deliver a project rather than a linear life cycle option.

A

“1) When a life cycle must repeat one or more of the phases of a project or programme before proceeding to the next one.
2) When the objective of managing uncertainty of scope by allowing objectives to evolve as learning and discovery takes place.”

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15
Q

Explain two differences between a linear life cycle and iterative life cycle.

A

“1) A linear life cycle is best for evolving projects, whereas
an iterative life cycle is better for more structured projects.
2) A linear life cycle is sequential, whereas an iterative life cycle repeats one or more phases.”

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16
Q

Describe three different types of review that may be carried out during a project and their main purpose.

A

“1) Gate Reviews - to conduct a review and confirm viability of the work across the chosen life cycle.
2) Benefits Reviews - carried out during benefits realisation and is a formal review of a programme or project, typically
conducted 6–12 months after handover and commissioning of the deliverables.
3) Audits - This is normally undertaken independent from the project to provide assurance to the sponsor that the project is being managed using the agreed governance and process.”

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17
Q

Explain two reasons why a project might close early.

A

“1) When a project no longer meets the business objectives as per the business case.
2) When the project is no longer financially viable to where the benefits are outweighed by the cost.”

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18
Q

Explain three benefits of conducting reviews throughout the life cycle of a project.

A

“1) Reviews are essential to good project management practice. They provide the basis for stakeholder management, communication and effective governance.

2) Reviews help organisations to assess the contribution of projects to business objectives.
3) Reviews will generate learned lessons, feeding them into the organisation’s project management processes and procedures for future projects.”

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19
Q

Describe two ways in which programme management is different from project management.

A

“1) Programmes typically combine new deployment with some elements of business-as-usual.
2) Programmes utilise capital expenditure to acquire assets, services, products and capability, alongside operating expense incurred as a result of performing normal business operations.”

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20
Q

Explain three key differences between projects and business-as-usual (BAU).

A

“1) Projects are created to develop change and achieving a goal then terminate. BAU is the daily operation of an organisation.

2) Projects have teams who may be only together until the project is completed or move on to another project. BAU teams are built into the company doing the same work under the same departments day in and day out.
3) Projects provide a unique service or product. BAU provides a repetitive “

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21
Q

Explain two purposes of carrying out a SWOT analysis for a project option.

A

“1) Analysis breakdown of the strengths and weaknesses inherent in a project’s circumstances that give rise to opportunities and threats
2) Useful in risk planning by considering how the strengths and
opportunities can be used to reduce the weaknesses and threats.”

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22
Q

Describe three situations where the use of portfolio management may be considered appropriate.

A

“1) Where there is a need for the organisation’s projects and programmes to be more aligned with its key business objectives.

2) When the organisation’s financial controls, financial planning and expenditure review processes need to be applied to both individual projects and the portfolio as a whole.
3) When assurance is required of how the mix of projects continues to support strategy and take account of changes to external factors.”

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23
Q

Explain two ways in which VUCA analysis could be used to assess a project context.

A

“1) Volatility - Projects may be exposed to high levels of unexpected change.
2) Complexity - Many projects being delivered with inique charactersitics and technical requirements.”

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24
Q

Describe three aspects of the legal and regulatory environment of a project that the project manager should be aware in assessing a project’s context.

A

“1) Working conditions - Employees’ working conditions are set out in the basic foundation of employment law.

2) Management of risk in the workplace -The focal point for health and safety in the project will be the health, safety and environmental management plan.
3) Governance - The project manager must understand the governance framework required and how the resulting management approach must be tailored to provide confidence to stakeholders that the project is being managed in a compliant manner.”

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25
Q

“Explain two reasons why an organisation might consider programme management as an appropriate approach to deliver projects.”

A

“1) The programme level view will look for synergies between individual project business cases in order to yield a greater return from the projects as a programme rather than if each project had delivered independently.
2) If risk contingencies are applied at a programme level, the overall contingency amount may be reduced as common responses made at this level may influence several projects simultaneously.”

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26
Q

Explain three ways in which projects and programmes can help an organisation.

A

“1) Projects deliver outputs, programmes deliver outcomes and portfolios make sure that everything that is delivered is delivered in the most efficient way and prioritised in relation to the strategic objectives of the whole organisation.
2) Programmes deliver strategic benefits, but they are only able to do that if each project within the programme yields the benefits as stated in the business case for that project.”

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27
Q

Explain two benefits of a communication plan to a project.

A

“1) The most appropriate communication media is used – choosing the most appropriate media for delivery of a message is vital to that message being received and understood by stakeholders.
2) More focused communication to stakeholders – Communication messages are planned and tailored to convey the communicator’s meaning as accurately as possible to the target audience.”

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28
Q

“Explain three common causes of conflict arising in the following phases of the project life cycle (one cause of conflict from each phase).
■ Concept
■ Definition
■ Deployment”

A
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29
Q

State four factors that can positively affect communication in the project.

A

“1) Use of technical terms (jargon) when communicating

2) Organisational culture and structural hierarchies
3) Time zones and geography
4) Physical and environmental aspects of the location”

30
Q

Explain three ways in which a thorough stakeholder analysis can assist in the production of an effective communication plan.

A

“1) The communication plan allows the essential interactions to take place that are deemed necessary to motivate those stakeholders
whose support is needed to achieve desired outcomes.
2) Putting in effort to analyse stakeholder points of view has the dual benefit of building understanding of the issues and developing
positive relationships.
3) Managing stakeholders influence relies on these relationships being maintained and can only realistically be achieved through having an effective communications plan.”

31
Q

Outline four factors that will increase the likelihood of a win-win outcome to a negotiation.

A

“1) Having a good background knowledge of the others’ positions.

2) How each party feels about how the relationship has developed and the resulting levels of trust that have been created.
3) Take a more collaborative approach, using more advanced communication skills.
4) Providing a price of the service is balanced with an understanding of the value that is likely to be achieved.”

32
Q

Describe three approaches that a project manager could take to address conflict in the project team.

A

“Compete (‘I am right, you are wrong’) necessary when quick decisive action is vital
Collaborate (‘Let’s work together’) When reaching an integrative solution is important
Accommodate (‘You are right, I am wrong’) To allow a better position to be heard, to learn and to show reasonableness.”

33
Q

Describe two characteristics of an effective team.

A

“1) Improved quality of output – In an effective team each team member takes the quality of output personally.
2) More effective communication – As a team develops, individual relationships within it also develop.”

34
Q

Explain three reasons why a leader may have to change their leadership style to support the management of a project.

A

“There are some situations when the leader needs to be directive, for example, to address an issue that threatens the achievement of objectives.
A mentoring or coaching style is appropriate when there is time to focus on development of the team as well as goal achievement.
When the team is established and working well, the leader delegates responsibility for achieving activities to team members, only intervening if evidence arises to suggest that performance is not to agreed expectations.”

35
Q

State four factors that can impact leadership when leading a virtual team.

A

“Time differences can affect the ability coordinate meetings for all members.
It is more difficult to build deep relationships and trust virtually than it is in person.
It is much harder to detect the first signs of conflict developing, and then to resolve the conflict.
It is harder to gel as a team if members cannot see each other and do not have the sort of informal conversations that happen naturally.”

36
Q

Using a recognised model explain three stages of team development that might occur after the team has formed.

A

“1) Storming – The team now starts to understand that they will be unable to achieve goals as individuals and that cooperation is expected.

2) Norming – If conflict is resolved successfully the team start to become much more cooperative with each other as they start to focus on the tasks required to achieve objectives.
3) Performing – The team is now delivering the targeted performance. Creative problem solving and motivation is at its highest level.”

37
Q

Outline four motivational factors that a leader should be aware of when leading their team.

A

“A motivational leader could observe their team members behaviour on the basis of Maslow’s theory and understand their level in the hierarchy.”

38
Q

Explain three aspects of leadership that a leader would consider when seeking to maximise the performance of their team.

A

“Early phases may require expertise in influencing stakeholders and creating vision, and need a more transactional style with the project team.
As the work progresses, the leadership focus shifts to maintaining momentum, responding to change and applying a more transformational approach.
Leaders must be aware of their team members’ motivational requirements in order to manage their approach to individuals flexibly.”

39
Q

Explain two reasons why a project might benefit from having a robust business case.

A

“1) One strength of a business case for a project is that a number of options have been considered and that there is evidence to show that the organisation has not become over reliant on a single idea, when there may be other more favourable options available.
2) A thorough business case will ensure that an effective PMP will be developed acknowledging the project manager’s acceptance that the defined success criteria and related performance requirements are indeed a realistic proposition.”

40
Q

Explain three reasons why information management may support the effective management of a project.

A

“1) Effective management of a project relies on accurate and timely information for teams and stakeholders to make informed decisions and fulfil their role in a cost-efficient and effective way.

2) Project documentation should be considered a reliable information source to communicate to all stakeholders and to provide documentary evidence for assurance.
3) Gathering and analysing data is vital for an organisation to develop its project management maturity and learning.”

41
Q

“Explain how the following two investment appraisal techniques can be used to assess the validity of a project:
■ Net Present Value (NPV)
■ Internal Rate of Return”

A

“1) NPV seeks to identify the relationship between the original investment and the returns, taking account of time and opportunity cost, and is often referred to as calculating the time value of money.
2) IRR calculates the average per-period rate of return on the capital invested. It is useful for comparing various investment options with equal timing and equal risk.”

42
Q

Describe three activities that would be carried out as part of a benefits management process.

A

“1) Identification – requirements are captured from sources such as the project mandate and stakeholders.
2) Definition – the project manager should be aware of just how
benefits will be realised when the project reaches transition into
operational use.
3) Planning – this step involves capturing baseline measurements and agreeing targets.”

43
Q

Explain two ways in which the project manager could use earned value to track a projects performance.

A

“1) Cost of Actual Work-Earned value analysis is the optimal way of tracking actual work achieved, compared to how much it has cost to deliver that work.
2) Time of Actual Work -Actual work achieved can also be compared to how long it has taken to achieve that work and that shows the current schedule performance.”

44
Q

“Explain how each of the three estimating methods could be used to produce an estimate of cost for the project.
■ Parametric
■ Analogous
■ Analytical”

A

“1) Parametric -Uses a statistical relationship between historic data and other variables to calculate an estimate. The specifications of each deliverable are established together with the particular parameters that apply in unit rates.

2) Analogous - Comparative method is dependent on data being available of a similar project to the one being estimated. If the historic project was the same size, similar complexity and the method by which the new project is being delivered is the same, then it is accepted that the cost of the previous project becomes the new estimate.
3) Analytical -Referred to as a bottomup method in that the task of producing the estimates will be delegated to those who are actually going to deliver the individual pieces of work or work packages. Their individual estimates are then summed from the bottom of the WBS to the top.”

45
Q

Explain two reasons why a planned contingency may be necessary in addition to the project budget.

A
46
Q

Explain two reasons why an initial estimate may need to be revised throughout the project life cycle.

A
47
Q

Describe three sections of a typical project management plan.

A

“1) Communication Plan - allows the essential interactions to take place that are deemed necessary to motivate those stakeholders whose support is needed to achieve desired outcomes.

2) Quality plan - which documents all aspects of quality that have been agreed by stakeholders.
3) Risk management plan - makes it quite clear how risk is going to be tackled for the project.”

48
Q

Explain three ways in which the project manager would use the project management plan during the project life cycle.

A
49
Q

Describe two ways in which the formation of the deployment baseline differs in a linear life cycle as opposed to an iterative life cycle.

A

“For a linear life cycle approach, the assumption underpinning integrated planning is that all the work can be defined, estimated, scheduled, risked, resourced and costed. A baseline can be established from which deployment can be managed and controlled, and the planned value is then understood for the whole project.
In an iterative project life cycle, the baseline resources and schedule are determined, but the achievement of scope and quality may vary from the plan as teams may have autonomy to re-prioritise tasks and act on new knowledge. Any work not achieved in the time allocated is returned to an existing backlog allowance, to then be planned into the future schedule or removed from the project.”

50
Q

Explain three ways in which stakeholder expectations can be managed in order to ensure project success.

A
51
Q

Describe two types of information that a project might report and how these might be used to manage project outcomes.

A
52
Q

Explain three steps in a process that could be used to achieve stakeholder engagement in the project.

A
53
Q

Explain two ways in which configuration management would help achieve controlled change in the project.

A
54
Q

Explain three stages in a typical change control process.

A

“1) Request - All changes will be requested and registered into a change log.

2) Initial evaluation - Change is intially reviewed to consider if it is worthwile evaluating in detail or be rejected.
3) Detailed evaluation - Consideration how the change will impactt on the baseline success criteria, benefits; scopê, quality; time, resources, costs, risks, stakeholder enegenment and other criteria necessary to achieve the business case.”

55
Q

Describe two breakdown structures used to communicate the scope of a project.

A

“1) WBS - the baseline scope of work to be defined through a work breakdown structure that will detail the activities, be schedule, resourced, and meet all the requirements and benefits.
2) PBS - when the product breakdown structure is complete it can then be used to do initial scope verification to obtain stakeholders agreement that the products identified are what stakeholders expect the project to deliver and get a firm agreement to that effect.”

56
Q

Explain three steps in a requirements management process that would help to establish project scope.

A

“1) Gather - The gathering of requirements is the first step, it can be done in any number of ways. It ranges from personal interviews, surveys and workshops, to focus groups, modelling and simulation.

2) Analysis - combines information from functions such as schedule management and investment appraisal, with specific valuebased techniques such as function analysis and function cost analysis.
3) Justifying requirements - The product owner has a vital role in ensuring that requirements are always seen relative to business needs and advises on the acceptance criteria necessary to achieve this.”

57
Q

Explain two reasons why the project manager should understand the significance of the critical path when reviewing a project schedule.

A

“1) Allows the PM to understand dependenicies and find the shortest time to complete all acvitivities in a logical sequence.
2) The critical path is the longest path of activities and any critical activity that is late will delay the project.”

58
Q

Explain three differences between resource smoothing and resource levelling when used for resource optimisation in a project.

A

“Resource smoothing
1) Time limited scheduling
2) Needs to be considered on a resource-by resource basis
3) May involve reducing the duration of activities by adding resources
Resource levelling
1) Resource limited scheduling
2) Project duration could extend but hopefully this is will be minimised to the least possible extent
3) Redifining the scope of the activities by the particular resource concerned.”

59
Q

Describe two ways in which resources are categorised and allocated to a project with a linear life cycle.

A

“1) The assumption when the schedule is initially planned is that all resources will be made available when required.
2) There are periods when resources are unavailable, resource management such as levelling and smoothing can be applied.”

60
Q

Explain three differences between critical path and critical chain when used to schedule a project.

A

“Critical Path (Time Critical)

1) Emphasises the activities and understanding the shortest time to complete all activities in a logical sequence.
2) The logic between the activities enables a precendence network to be determined.
3) Critical path is the longest path of activities.

Critical Chain (Resource Critical)

1) Emphasises the resources rather than the activities.
2) Has many factors that affect the duration of an activity (skills of staff, tools being used, motivation of workers)
3) Strips out contingency time and uses it as a buffer for a chain of activities.”

61
Q

Describe two ways in which resources are categorised and allocated to a project with an iterative life cycle.

A

“1) Requirements are prioritised and implemented within the pre-allocated resource limits.
2) There is no posibility to extend the schedule since timeboxes have a fixed time period.”

62
Q

Explain three differences in how costs would be planned for a project with a linear life cycle as opposed to an iterative life cycle.

A

“1) In linear life cycle funds may only be released at decision gates.

2) Linear life cycle costs spent to date are understoood abd costs forecasted for the future are approved through the updated business case.
3) In an iterative life cycle, the release of funds may be more frequent due to the close interaction with the sponsor as work is completed in short intervals.”

63
Q
"Explain two methods of supplier reimbursement. Choose two from the following:
■ Fixed price
■ Cost plus fee
■ Per unit quantity
■ Target cost"
A

“Fixed price – where a fixed price is agreed for a defined scope. If the scope of work is delivered for a greater cost to the supplier, they have to be able to fund that difference.
Time and material/per unit quantity – where a price is agreed for a unit quantity of material or time. This is the highest risk contract to the customer as the final cost will not be apparent until the end of the contract.”

64
Q

“Explain three elements of a procurement strategy and why these are important for effective procurement to the project.”

A

“1) Make or Buy Decision - Justifies whether the goods should be made in-house or should be procured from outside the organisations at a lower cost or better quality.

2) Contractual Relationships - Justifies if goods or services are to be acquired from a single supplier or many.
3) Reimbursement Methods - Contains the mechanisms that the project and the sponsoring organisation decided to use to pay for the good procured under the contract.”

65
Q

“Describe two different types of contractual relationships that an organisation might choose to procure goods or services for the project.”

A

“1) Single Contract - A single client purchases from a single supplier in a single contract.
2) Parallel Contract - A single client agrees a single contract with multiple suppliers at the same time.”

66
Q

Explain three steps in a supplier selection process for a project.

A

“1) Research the market - To create a list of potential suppliers which have the required capability.

2) Pre-qualify - Sending out a questionnaire to ascertain the supplier’s capability, financial status, and technical expertise.
3) Tender - An invitation to tender (ITT) is issued so that potential bidders can submit pricing based on the list of criteria the bids shall be judged.”

67
Q

Explain two ways in which issues might be managed differently from risks.

A

All issues are the causes of risks. Risks are potential issues. Risks are events to happen in the future and issues are events that have already happened and neeed fixing. Better understanding of risks and planing for risks can help prevent it ever becoming an issue. Risks are managed through a risk log and issues are logged in an issue register.

68
Q

Explain three benefits to an organisation of carrying out formal risk management in the project.

A

“1) Enables better informed and more realistic plans, schedules and budgets.
2) Increases likelihood of a project delivering within agreed schedules and budgets.”

69
Q

Explain two ways in which risks to the project can be identified.

A

“1) Brainstorming - Facilitated workshops can create a lot of ideas but may be expensive in terms of effort.
2) Interviewing - Talking to experts can provide lessons-learned information from their previous experiences.”

70
Q

Explain three responses to risk that the project manager might decide.

A

“1) Accept - PM accepts the risk by taking no action but simply monitoring for any changes.

2) Avoid - Inviolves changing the scope or approach to avoid the risk.
3) Transfer -Removing the risk form the project’s risk log and adding it to someone else’s such as insurance.”

71
Q

Describe two factors that would be considered when developing an effective quality plan for the project.

A

“1) Methods - The quality methods which shall be used to verify that the outputs meet requirements.
2) Acceptance Criteria - Provide guidance about the requirements and essential conditions for a deliverable.”

72
Q

Explain three differences between quality control and quality assurance when managing a project.

A

“1) Definition
Quality Control - consists of inspection; meaurement and testing to verify that the project outputs meet acceptance criteria defined during quality planning.
Quality Assurance - attempts to build in quality through the consistent use of standard processses and procedures, supported by training and feedback.

2)Responibility
Quality Control - is performed by members if the project team.
Quality Assurance - is performed by persons independent of the project.

3) Activities
Quality Control - activities are applied to both management outputs and specialist outputs as they are being created.
Quality Assurance - is conducted at the start of a project to show an independent view of how the project is being managed in adherence to the frameworks and processes.”