CAPM

Question 1

Cost of Conformance vs Cost of Non Conformance

Answer 1

Conformance= Money Spent to avoid failures

Non-Conformance = Money spent because of failure

Question 2

COQ Conformance Cost Types

Answer 2

Prevention Costs: training, document process, equipment, time to do it right

Appraisal Costs: Testing, destructive test loss, inspections

Question 3

COQ Non Conformance Types

Answer 3

Internal Failures: rework, scrap

External Failures: liability, warranty, loss of business

Question 4

Quality Management Area Processes (3)

Answer 4

1. Plan Quality Management
2. Manage Quality
3. Control quality

Question 5

Plan Quality Management Process

Answer 5

Identify quality requirements and document how project will demonstrate compliance with.

Question 6

Manage Quality Management Process

Answer 6

translating the plan into activities that incorporate quality policy

Question 7

Control quality process

Answer 7

monitor and records the results of executing activities to asses the results of executing activities to assess performance and ensure outputs are correct, complete, and meet expectations.

Question 8

Ordinal

Answer 8

low, medium, high scale

Question 9

Cardinal

Answer 9

rating 0-5, or 0-10 (number scale)

Question 10

EMV

Answer 10

Expected Monetary Value

Question 11

CCB

Answer 11

Change Control Board

Question 12

Knowledge Areas (10)

Answer 12

Project Integration Management
Project Scope Management
Project Time Management
Project Cost Management
Project Quality Management
Project Human Resource Management
Project Communications Management
Project Risk Management

Question 13

5 Process Groups

Answer 13

Initiating
Planning
Executing
Monitoring and Controlling
Closing

Question 14

What are Crash Costs

Answer 14

Costs associated with crashing a schedule