Section 2

Question 1

12 Stages of Agile Management

Answer 1

1

Question 2

control tower and others

Answer 2

1

Question 3

APF

Answer 3

Adaptive project framework (APM)

Question 4

APF/APM

Answer 4

A group of iterative and incremental methods for completing projects

Question 5

xPM

Answer 5

Extreme project (programming) management , used for very complex projects that do not have rigid ends or components, alot of shareholder interactions

Question 6

Scrum

Answer 6

an agile PM framework dedicated to complex projects to help self managed teams work together

Question 7

areas of scrum

Answer 7

1 what happened since the last one
2 what will happen between now and next one
3 what is preventing you from performing as effectively as possible

Question 8

scrum master

Answer 8

not the leader, more of a coach that leads by example

Question 9

scrum meetings

Answer 9

short daily meetings to quickly catch members up to speed on project status.

Question 10

feature

Answer 10

a part of a product that delivers some useful function to a customer

Question 11

scaling

Answer 11

adapting Agile PM to larger or small projects

Question 12

sprint

Answer 12

small planned amount of work in timed iterations

Question 13

when do clients get involved

Answer 13

1

Question 14

what decisions do clients make

Answer 14

1

Question 15

who owns projects?

Answer 15

1

Question 16

proof of concept testing

Answer 16

does not deliver anything, is simply a test to determine of the project is feasible

Question 17

lessons learned

Answer 17

analysis shortly after end of a project cycle to identify errors and their causes; areas of improvement

Question 18

50/50 rule

Answer 18

activities are 0% until started and then 50% when started until completion

Question 19

0/100 rule

Answer 19

use when activities are short, status is 0% until completed

Question 20

percentage rule

Answer 20

an agreed upon percentage between PM and management given to individual tasks

Question 21

PV

Answer 21

(BCWS) budgeted cost of work scheduled, amount planned to spend per period
(Budgeted Value)

Question 22

EV

Answer 22

(BCWP) actual cost of work accomplished, hard to estimate because it is a percent of work completed

Question 23

AC

Answer 23

(ACWP) costs charged to a project during a specific period

Question 24

schedule variance (SV)

Answer 24

EV-PV

difference between earned value (EV) and planned value of where the project should be (PV)

Question 25

cost variance

Answer 25

EV-AC | difference between earned value (EV) and actual cost for work completed (AC)

Question 26

what does a positive variance indicate

Answer 26

desirable, more work has been completed than scheduled

Question 27

what does a negative variance indicate

Answer 27

problems and changes have occurred, setting the project behind

Question 28

SPI

Answer 28

Scheduling Performance Index | EV/PV

Question 29

CPI

Answer 29

Cost Performance Index EV/AC percent of planned work completed for each dollar spent. less than 1.0 is bad

Question 30

BAC

Answer 30

budgeted cost at completion | Budgeted Cost

Question 31

ETC

Answer 31

(Estimated cost to/at completion)

Question 32

EVM/EVA

Answer 32

a method of combining scope, schedule and resources measurements to determine performance and progress

Question 33

Project Baseline

Answer 33

starting point for project to base progress and is derived from WBS performance and progress

Question 34

Penalty Clauses

Answer 34

a clause raising the price of the contract for failure, increases security for issuer

Question 35

Liquidated Damages

Answer 35

monetary penalties incurred for each period project is not completed specified in contract can be incremental or flat rate

Question 36

Tracking Gantt

Answer 36

chart showing where you are and what progress was made on a particular day with a second bar against the original plan

Question 37

Resource Loading Tables

Answer 37

charts that show what resources are needed vs. allocated | shows where and how long it will take to complete each task

Question 38

elevate the constraint

Answer 38

1

Question 39

subordinate constraint

Answer 39

1

Question 40

relevant constraint

Answer 40

1

Question 41

Shortening activity duration

Answer 41

1

Question 42

Activity cost

Answer 42

1

Question 43

duration

Answer 43

1

Question 44

slope

Answer 44

1

Question 45

student syndrome

Answer 45

1

Question 46

common cause variation

Answer 46

1

Question 47

special cause variation

Answer 47

1

Question 48

dummy activity

Answer 48

1

Question 49

AOA

Answer 49

Activity on Arrow | less popular form of developing project networks where the activity is on an arrow line

Question 50

AON

Answer 50

Activity on Node | more popular form of developing project networks where the activity is drawn on a node or box

Question 51

Slack

Answer 51

amount of time a task can be delayed without delaying the project

Question 52

Gantt Chart

Answer 52

a bar chart showing activities and their start dates, end dates, and durations

Question 53

Operating Risk

Answer 53

1

Question 54

Promotional Risk

Answer 54

1

Question 55

Financial Risk

Answer 55

1

Question 56

Economic Risk

Answer 56

1

Question 57

Organizational Risk

Answer 57

1

Question 58

Market Risk

Answer 58

1

Question 59

Political Risk

Answer 59

1

Question 60

Execution Risk

Answer 60

1

Question 61

Commercial Risk

Answer 61

1

Question 62

Technical Risk

Answer 62

1

Question 63

Past History

Answer 63

1

Question 64

Brainstorming

Answer 64

1

Question 65

Budget Reserves

Answer 65

1

Question 66

Risk tranference

Answer 66

1

Question 67

risk acceptance

Answer 67

1

Question 68

risk sharing

Answer 68

1

Question 69

risk minimization

Answer 69

1

Question 70

Project Control

Answer 70

1

Question 71

BOT

Answer 71

Build, Operate, Transfer - get the project completed and running, then pass it on

Question 72

BOOT

Answer 72

Build, Own, Operate, Transfer - bot, except the project team is the owner and accepts all costs until the product has been running for a specified period of time

Question 73

Risk factor consequences

Answer 73

1

Question 74

Risk factor likelihood

Answer 74

1

Question 75

Risk management

Answer 75

1

Question 76

How to crash projects

Answer 76

1

Question 77

resource balancing

Answer 77

1

Question 78

early start times

Answer 78

1

Question 79

Identify Constraints

Answer 79

1

Question 80

Exploit Contraints

Answer 80

1

Question 81

Mixed Constraints

Answer 81

1

Question 82

Resource Constraints

Answer 82

1

Question 83

Gap analysis

Answer 83

1

Question 84

planned value

Answer 84

1

Question 85

S curve

Answer 85

1

Question 86

Project baselines establishment

Answer 86

1

Question 87

project final reports

Answer 87

1

Question 88

closing out projects

Answer 88

1

Question 89

Project Termination types

Answer 89

1

Question 90

Termination by Starvation

Answer 90

willful neglect of the project by lowering resources until it is no longer viable

Question 91

Termination by extinction

Answer 91

project ends because the company pulls resources and teams

Question 92

Termination by integration

Answer 92

a project gets integrated into another department (ipad mini)

Question 93

Termination by addition

Answer 93

a project becomes its own division and is moved up (ipads)

Question 94

Termination motivation

Answer 94

1

Question 95

termination emotions

Answer 95

1

Question 96

termination communications

Answer 96

1

Question 97

termination internal issues

Answer 97

1

Question 98

termination external issues

Answer 98

1

Question 99

finish to finish

Answer 99

1

Question 100

start to finish

Answer 100

1

Question 101

finish to start

Answer 101

1

Question 102

Murphys Law

Answer 102

1

Question 103

Learning Rate

Answer 103

1

Question 104

Cost overruns

Answer 104

1

Question 105

Cumulative costs

Answer 105

1

Question 106

PRAM

Answer 106

1

Question 107

Contingency Multipliers

Answer 107

1

Question 108

Fixed price contracts

Answer 108

1

Question 109

Cost Plus Contracts

Answer 109

1

Question 110

Milestones

Answer 110

1

Question 111

CCPM

Answer 111

1

Question 112

Project Risk

Answer 112

1

Question 113

Termination of projects

Answer 113

1

Question 114

Parkinsons Law

Answer 114

1

Question 115

Theory of Constraints | TOC

Answer 115

1

Question 116

Financial Risk

Answer 116

1

Question 117

Execution Risk

Answer 117

1

Question 118

Commercial Risk

Answer 118

1

Question 119

Technical Risk

Answer 119

1

Question 120

Project Closeout

Answer 120

1

Question 121

Inflation Clause

Answer 121

1

Question 122

Resource Loading

Answer 122

1

Question 123

Mix-constrained

Answer 123

1

Question 124

Time constrained

Answer 124

1

Question 125

resource constrained

Answer 125

1

Question 126

capacity constrained

Answer 126

1

Question 127

Critical Chain

Answer 127

1

Question 128

Ex-gratia Claims

Answer 128

1

Question 129

Arbitration

Answer 129

1

Question 130

PERT

Answer 130

1

Question 131

Time and materials contracts

Answer 131

1

Question 132

cost contracts

Answer 132

1

Question 133

cost-reimbursable contracts

Answer 133

1

Question 134

termination and closeout

Answer 134

1

Question 135

learning curves

Answer 135

1

Question 136

critical chain

Answer 136

1

Question 137

buffer-drum concept

Answer 137

1

Question 138

decision rules for termination of projects

Answer 138

1

Question 139

contingency reserve

Answer 139

1

Question 140

managerial and task contingency reserve

Answer 140

1

Question 141

contingency rate

Answer 141

1

Question 142

overhead charge

Answer 142

1

Question 143

contingency funds

Answer 143

1

Question 144

Delphi Method

Answer 144

1

Question 145

Past History

Answer 145

1

Question 146

Brainstorming

Answer 146

1

Question 147

time-phased budget

Answer 147

1

Question 148

activity-based costing

Answer 148

1

Question 149

overhead charge

Answer 149

1

Question 150

cost estimates

Answer 150

1

Question 151

topdown budget planning

Answer 151

1

Question 152

bottom up budget planning

Answer 152

1

Question 153

Systematic errors

Answer 153

1

Question 154

measurement mechanisms for project success

Answer 154

1

Question 155

calculating EV

Answer 155

1

Question 156

calculate schedule variance

Answer 156

1

Question 157

calculate resource loading tables

Answer 157

1

Question 158

calculate overallocation

Answer 158

1

Question 159

calculate resource loading charts

Answer 159

1

Question 160

feeder buffers

Answer 160

1

Question 161

lag

Answer 161

1

Question 162

crashing

Answer 162

1

Question 163

direct labor costs

Answer 163

1

Question 164

recurring costs

Answer 164

1

Question 165

variable costs

Answer 165

1

Question 166

order of magnitude costs

Answer 166

1

Question 167

ballpark costs

Answer 167

1

Question 168

parametric costs

Answer 168

1

Question 169

feasibility estimate

Answer 169

1

Question 170

comparative estimate

Answer 170

1

Question 171

probability of failure

Answer 171

1

Question 172

consequences of failure

Answer 172

1