Chapter 4 Flashcards
What are the 5 components included in the project plan?
- Requirement phase,
- draft requirements,
- final requirements,
- WBS, and
-other activities.
How are activities developed in a project plan?
From L-C S and D
Activities are developed from life cycle stages and deliverables.
What is the purpose of listing activities in a sequential order?
To show work tasks and how they must be accomplished.
Define ‘Contingency activities’ in project management.
A to M O for on-time C
Activities to mitigate obstacles for on-time completion.
Explain ‘Finish to start’ dependency in project management.
One task must finish before the next one can start.
How can the duration of a contingency event be calculated?
Duration of Contingency Activity x Probability of Occurrence.
What is the role of a Change Review Board (CRB) in projects?
Acts as a clearinghouse for project changes.
Why is it important to record everything in writing during project management?
For documentation, clarity, and accountability purposes.
What roles should be represented in a Project Team?
At least one from each functional area.
Why is it necessary to issue frequent status updates for stakeholders and management?
To keep them informed and engaged in the project progress.
What is a Commissioning Plan?
Details how the system is installed, upgraded, and commissioned.
When does commissioning occur in projects?
During new projects and upgrade projects.
What is the purpose of Standards Compliance Testing (SCT) in commissioning?
To ensure organizational and government standards are met.
What are the four main ways to test a system?
Pre-Delivery Test,
Site Acceptance Test,
Operational Reliability Test,
Post-Implementation Test.
What is the ideal system availability percentage?
System availability of 99.99%.
How is operational availability (OA) calculated?
Tm/(Tm + Td) x 100 = OA, where Tm = Total Test Duration Time, Td = Total System Downtime.
What is the duration of a typical warranty period?
12 to 24 months, typically 12 months from final implementation.
What should a warranty include for hardware or software failures?
Repair, correction, or replacement of failed components.
What should vendor’s warranty include related to replacement parts?
Vendor should keep 5% of system cost as replacement parts.
What is expected in terms of service response times during the warranty period?
Service response times of four hours or less.
What key documents are produced in the planning stage of a project?
Critical business case documents.
What is the basis for approving a business case?
Return on Investment (ROI).
What does the Return on Investment (ROI) calculation determine?
Amount of revenue generated or potential loss reductions.
What types of assets are identified during the assessment stage?
CA and
SA
Critical assets and supportive assets.