Deck 2

Question 1

Project charter inputs

Answer 1

• Business case
• Project benefits management plan
• Agreements

Question 2

Brainstorming

Answer 2

Gather as much information as possible, or a list of ideas, in a short time

Question 3

Focus group

Answer 3

Attain expert information from pre-qualified Subject Matters Experts (SME)

Question 4

Interviews

Answer 4

Use prepared- then spontaneous questions to attain expert input

Question 5

Two outputs from Develop Project Charter

Answer 5

• Project Charter

- Assumption Log

Question 6

Project Charter

Answer 6

Define scope at a high-level and serves as the foundation for project planning. Strive to satisfy the needs of the project charter during project planning in its entirety

Question 7

What are 6 things done before finalize plan?

Answer 7

• Change management plan
• Configuration management plan
• Performance management baseline
• Project lifecycle
• Development approach
• Management reviews

Question 8

Configuration management focuses on:

Answer 8

Identify
Record
Verify and Audit

Question 9

Integrated Change Control Management Process

Answer 9

• Log and evaluate the impact of the requested change
• Determine options to implement the change
• Coordinate with the approval authority
• Process the change and gain buy in

Question 10

Five process groups in order

Answer 10

Initiate
Planning
Executing
Monitor and control
Closing

Question 11

2 processes in the Initiating Process Group

Answer 11

• Develop Project Charter

- Identify stakeholders

Question 12

Depreciation

Answer 12

Dollars you can subtract due to loss value of assets

Question 13

NPV

Answer 13

The best way to determine financial merit in dollars

Question 14

IRR

Answer 14

The best way to determine financial merit in a percentage

Question 15

Opportunity Cost

Answer 15

The lost revenue from a choice not taken

Question 16

EVA

Answer 16

A measure of returns based on shareholder valuation

Question 17

ROI

Answer 17

(Returns-expense/expense)

Question 18

Payback

Answer 18

The worst financial metric to use for a long-term project

Question 19

BCR

Answer 19

Benefit/cost

Question 20

ROIC

Answer 20

Measure of value achieved in year 1

Question 21

How is the project management plan developed in order?

Answer 21

1-Stakeholder engagement plan
2- Scope baseline
3- Cost and share baseline
4- Support plans
5- Risk register

Question 22

What are the first two executing process completed?

Answer 22

Acquire resources

Conduct procurements

Question 23

After deliverable is produced, what are the first 2 processes that must occur in order?

Answer 23

1-Control quality

2-Validate scope

Question 24

True or False- Close project in phase is accomplished once

Answer 24

False

Question 25

In order what are the seven processes accomplish during the project integration management?

Answer 25

``` 1-Develop project charter 2-Develop project management plan 3-Direct and manage project work 4-Manage project knowledge 5-Monitor and control project work 6-Perform intergraded change control 7-Close project or phase ```

Question 26

Sponsor

Answer 26

Approved the project charter

Question 27

Pre-baseline

Answer 27

Term used when project charter is approved

Question 28

Business case

Answer 28

Input that determines feasibility for a project

Question 29

Data gathering techniques

Answer 29

Brainstorming focus groups and interviews

Question 30

Assumption logs

Answer 30

Documents what we believe to be true and constraints

Question 31

Agreements

Answer 31

MOU, contract, SLA

Question 32

Funding

Answer 32

Factor that determines the level of sponsorship

Question 33

Benefits management plan

Answer 33

Document expected intangible gains from a project

Question 34

Key inputs that drive developed project management plan

Answer 34

Project charter Outputs for other processes EEF OPA

Question 35

The final project management plan must be ___ and ___ before it becomes the ___

Answer 35

Approved Accepted Baseline

Question 36

The meeting that seek stakeholder acceptance is the ___

Answer 36

Project kick off meeting

Question 37

Three key plans are created in the develop project management plan process. They include

Answer 37

- Change management plan -Performance management baseline | - Configuration management plan

Question 38

All approved to change request or sent to the ___ process group

Answer 38

Executing

Question 39

Issue Log

Answer 39

Manage and track issues that occur

Question 40

Deliverables

Answer 40

Completed product or service

Question 41

Change requests

Answer 41

Prevention, corrected, or defect repair

Question 42

Work performance data

Answer 42

Raw data received during a project

Question 43

Updates

Answer 43

Assumption log, lessons learned

Question 44

The lessons learned register is produced during the ___ process which occurs in the ___ process group

Answer 44

-Manage product knowledge -Executing

Question 45

Tacit knowledge

Answer 45

Personal and difficult to express such as beliefs, insights, or experience

Question 46

Explicit knowledge

Answer 46

Readily codified using words pictures and numbers

Question 47

Trust

Answer 47

Key to motivating people to share knowledge

Question 48

___ ___ ___is gathered during project executing and compile during monitor and control process. During monitor and control, work performance data is used to create ___ ___ ___

Answer 48

- Work performance data | - work performance information

Question 49

Cost benefit analysis

Answer 49

Determine best correct of action in terms of cost

Question 50

Alternative analysis

Answer 50

Select corrected for preventative action to take one a deviation occurs

Question 51

Variance analysis

Answer 51

Review planned versus actual results to determine the most appropriate preventative for correct of actions

Question 52

Root cause analysis

Answer 52

Identify main reasons for a problem

Question 53

Earned value analysis

Answer 53

Provides overview of scope cost and schedule performance

Question 54

Trend analysis

Answer 54

Forecast future performance based on the past results

Question 55

What is the number one goal of integrated change control?

Answer 55

Influence factors that lead to change

Question 56

Any change after the ___ is established must go through integrated change control. Formally charted group that reviews and approves changes is called the ___ ___ ___. Two compression techniques used as options to accelerate a schedule are ___ and ___ ___.

Answer 56

Baseline Change control board Crashing Fast tracking

Question 57

What is the four step integrated change control process?

Answer 57

Log and evaluate Determine options Make recommendations Process change

Question 58

What are for data analysis techniques used during close project or phase

Answer 58

Document analysis Regression analysis Trend analysis Variance analysis

Question 59

What are five outputs from the close project or phase process?

Answer 59

``` Project document updates Lessons learned register update Final product or service Final report Organizational process update ```