Deck 6 Flashcards
Crashing the project requires
additional resources
Fast tracking is a schedule compression technique in which
activities planned to be done sequentially are done in parallel resulting in a shorter project duration
Resource leveling increases
project duration
Portfolio management is managing projects, programs and other work as a group to
meet strategic business objectives
Procurement negotiations CAN/ CANNOT be started during plan procurement management process
NOT
Which tool/ technique is most important to the PM during the development of project charter?
Expert judgment
Which process will PM perform to create the schedule baseline?
Develop schedule
What is the best place to look for a good reference for a new metric?
Enterprise Environmental Factors
How does PM verify that the project deliverable quality is low?
With a walk through/ inspection
If SV is positive, SPI must be
Above 1.0
A process is considered out of control if
any data point exceeds a control limit or if seven consecutive points are above or below the mean
What is a formal method of sending a summary of the approved changes to all stakeholders?
Status report
Flowcharts are defined as
diagrams of the section of actions
Fishbone diagrams (ishikawa) are defined as
cause and effect diagrams
Decision trees defined as
Depicting decisions and aspects of a decision such as utility, probability, cost or outcomes
Influence diagrams are defined as
visually depicts risks, decisions, and impacts and how they influence each other
What activity ensures the composition of a project’s configuration item is correct and that the corresponding changes are registered, assessed, approved, tracked and correctly implemented?
Configuration control
Which measurement is the calculated projection of cost performance that must be achieved on the remaining project work to meet a specified management goal?
To complete performance index (TCPI)
Where would you find project approval requirements?
Project charter
Cost of conformance includes
inspection costs, prevention costs, training, document processes, equipment, appraisal costs
Which plan is NOT an input in the identify risks process?
Scope management plan
Which document does NOT require an approved change request when it is changed?
Project charter
Crashing is a schedule compression technique that is performed by doing what?
allocating more resources or approving overtime. This method is useful when additional resources will shorten the duration of the project.
In what process do you perform both resource leveling and modeling techniques?
Control schedule
