Project Integration Management Flashcards

1
Q

Something that is believed to be true or false, but it has not yet been proven to be true or false. When proven wrong, can become risks for the project. Recorded in the log for testing and analysis, and the outcomes are recorded.

A

Assumption log

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

This is an example of a benefits comparison model. The higher the BCR, the better.

A

Benefit/cost ratio (BCR) models

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A committee that evaluates the worthiness of a proposed change and either approves or rejects the proposed change.

A

Change control board (CCB)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Communicates the process for controlling changes to the project deliverables. This system works with the configuration management system and seeks to control and document proposals to change the project’s product.

A

Change control system (CCS)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

All changes that enter into a project are recorded here. The characteristics of the change, such as the time, cost, risk, and scope details, are also recorded.

A

Change log

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

This plan details the project procedures for entertaining change requests: how change requests are managed, documented, approved, or declined.

A

Change management plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

This final process group of the project management life cycle is responsible for closing the project phase or project. This is where project documentation is archived and project contracts are also closed.

A

Closure processes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

This plan defines who will get what information, how they will receive it, and in what modality the communication will take place.

A

Communications management plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

This includes the labeling of the components, how changes are made to the product, and the accountability of the changes.

A

Configuration identification

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

This plan is an input to the control scope process. It defines how changes to the features and functions of the project deliverable, the product scope, may enter the project.

A

Configuration management plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

This system defines how stakeholders are allowed to submit change requests, the conditions for approving a change request, and how approved change requests are validated in the project scope. This also documents the characteristics and functions of the project’s products and any changes to a product’s characteristics.

A

Configuration management system

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

The organization of the product materials, details, and prior product documentation. It involves the recording and reporting of all the changes to the configuration items: Status, what/when, what components affected.

A

Configuration status accounting

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

The scope verification and completeness auditing of project or phase deliverables to ensure that they are in alignment with the project plan.

A

Configuration verification and auditing

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

The formal verification of the contract completeness by the vendor and the performing organization.

A

Contract closure

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

This is the aggregated costs of all of the work packages within the work breakdown structure (WBS).

A

Cost baseline

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

This plan details how the project costs will be planned for, estimated, budgeted, and then monitored and controlled.

A

Cost management plan

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Knowledge that can be quickly and easily expressed through conversations, documentation, figures, or numbers, is easily communicated.

A

Explicit knowledge

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

The formula to is FV = PV(1 + I)n, where PV is present value, I is the given interest rate, and n is the number of periods.

A

Future value

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

A process to consider and control the impact of a proposed change on the project’s knowledge areas. A system to document changes, their impact, the response to those changes, and performance deficits.

A

Integrated change control

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Points of contention where some question of the project’s direction needs to be resolved. All identified are documented, along with an owner and a deadline to resolve. The outcome is also recorded.

A

Issue log

21
Q

A project selection method to determine the likelihood of success. These models include linear programming, nonlinear programming, dynamic programming, integer programming, and multi objective programming.

A

Mathematical model

22
Q

Significant points or events in the project’s progress that represent accomplishment in the project. Projects usually create these as the result of completing phases within the project.

A

Milestone

23
Q

This list details the project milestones and their attributes. It is used for several areas of project planning, but also helps determine how quickly the project may be achieving its objectives.

A

Milestone list

24
Q

These are committees that ask every conceivable negative question about the proposed project. Their goals are to expose the project’s strengths and weaknesses, and to kill the project if it’s deemed unworthy for the organization to commit to. Also known as project steering committees or project selection committees.

A

Murder boards

25
Q

Evaluates the monies returned on a project for each period the project lasts.

A

Net present value

26
Q

An estimate to predict how long it will take a project to pay back an organization for the project’s investment of capital.

A

Payback period

27
Q

A benefit comparison model. The formula is PV = FV ÷ (1 + I)n, where FV is future value, I is the given interest rate, and n is the number of periods.

A

Present value

28
Q

Plan that controls how the project will acquire goods and services.

A

Procurement management plan

29
Q

This document authorizes the project. It defines the initial requirements of the project stakeholders. The project charter is endorsed by an entity outside of the project boundaries.

A

Project charter

30
Q

The documented approach of how a project will be planned, executed, monitored and controlled, and then closed. This document is a collection of subsidiary management plans and related documents.

A

Project management plan

31
Q

Defines how the project scope will be planned, managed, and controlled.

A

Project scope management plan

32
Q

Documents the quality objectives for the project, including the metrics for stakeholder acceptance of the project deliverable.

A

Quality baseline

33
Q

This plan defines what quality means for the project, how the project will achieve quality, and how the project will map to organizational procedures pertaining to quality.

A

Quality management plan

34
Q

A mathematical model to examine the relationship among project variables, like cost, time, labor, and other project metrics. The stronger the relationship is between the two variables, the greater the accuracy in predicting their relationship. Soup/cold weather example.

A

Regression analysis

35
Q

An uncertain event or condition that may affect the project outcome. This plan defines how the project will manage these events/conditions.

A

Risk management plan

36
Q

A centralized database consisting of the outcome of all the other risk management processes, such as the outcome of risk identification, qualitative analysis, and quantitative analysis.

A

Risk register

37
Q

This subsidiary plan defines the risk responses that are to be used in the project for both positive and negative risks.

A

Risk response plan

38
Q

This is the planned start and finish of the project.

A

Schedule baseline

39
Q

The comparison of what was planned and what was experienced.

A

schedule variance

40
Q

Defines how the project schedule will be created and managed.

A

Schedule management plan

41
Q

A combination of three project documents: the project scope statement, the work breakdown structure, and the WBS dictionary. The creation of the project deliverable will be measured against this to show any variances from what was expected and what the project team has created.

A

Scope baseline

42
Q

These models use a common set of values for all of the projects up for selection. For example, values can be profitability, complexity, customer demand, and so on. Allow governance teams to rank potential projects based on criteria such as risk level, cost, and potential financial returns.

A

Scoring models

43
Q

Knowledge that’s more difficult to express because it’s personal beliefs, values, knowledge gain from experience, and “know-how” when doing a task.

A

Tacit Knowledge

44
Q

How a change is managed- what are we going to do with this change? Accept or reject or go to CCB

A

Change Management System

45
Q

A project management methodology for objectively measuring project performance using an integrated schedule and budget based on the project work breakdown structure (WBS).

A

Earned Value Management

46
Q

Coordinate, manage and control projects, programs and portfolio management in a uniform, consistent effort

A

Organizational project management

47
Q

Rules and policies, culture of Org, physical location of facilities/infrastructure, software, resources availability, employee capability

A

Internal EEF

48
Q

Law/regulations, culture of state/country, commercial database, academic research, govt/industry standards, financial, weather

A

External EEF

49
Q

What process is prepare a RACI chart to record resource responsibilities?

Initiating
Planning
Executing
Monitoring & Controlling
Closing

A

Planning