Question | Answer |
5.4 Create WBS | Create WBS is the process of subdividing project deliverables and project work into smaller, more manageable components. |
5.5 Validate Scope | Validate Scope is the process of formalizing acceptance of the completed project deliverables. |
13.3 Manage Stakeholder Engagement | Manage Stakeholder Engagement is the process of communicating and working with stakeholders to meet their needs/expectations, address issues as they occur. |
13.1 Identify Stakeholders Power Interest Matrix | High power, High interest -> Manage Closely High power, Low interest -> Keep Satisfied Low power, Low interest -> Monitor Low power, High interest -> Keep Informed |
9.3 Develop Project Team | Develop Project Team is the process of improving competencies, team member interaction, and overall team environment to enhance project performance. |
9.3 Develop Project Team Tuckman ladder | • Forming. • Storming. • Norming. • Performing. • Adjourning. |
6.6.3.2 Project Schedule Project network diagrams | are schematic displays of the logical relationships among activities. |
7.4.2.1 Earned Value Management SV | Scheduled variance EV-PV |
7.4.2.1 Earned Value Management CV | Cost variance EV-AC |
7.4.2.1 Earned Value Management SPI | Schedule performance index EV / PV |
7.4.2.1 Earned Value Management CPI | Cost performance index EV / AC |
7.4.2.1 Earned Value Management BAC | Budget at completion The sum of all budgets established for the work to be performed. |
7.4.2.1 Earned Value Management EV | Earned value (BAC) (% Work complete) |
7.4.2.1 Earned Value Management CPI | Cost performance index EV / AC |
7.4.2.1 Earned Value Management SPI | Schedule performance index EV / PV |
7.4.2.1 Earned Value Management EAC | Estimate at completion a) BAC / CPI b ) AC + BAC – EV |
6.5 Estimate Activity Durations Three-point estimating and risk | Three-point estimating gives an indication of the risk of not meeting your date. |
BCR | Benefit cost ratio The project with the lowest benefit cost ratio should be selected for termination. |
3.9 Role of the Knowledge Areas What is a project manager main role? | Perform integration management. To put all the pieces of a project in a cohesive whole |
12.2.2 Conduct Procurements Techniques allow to compare vendors to choose the one that best meets project need criteria. | Weighting systems screening systems summaries of past performance |
12.2.2 Conduct Procurements Independent estimate | Comparing cost estimates of bidders with in-house or other expert estimates. |
5.2.2.5 Group Decision-Making Techniques What technique can use for identifying risks? | The Delphi technique can be used to get consensus of experts when identifying project risks. |
5.2.2.5 Group Decision-Making Techniques Unanimity. | A decision that is reached whereby everyone agrees on a single course of action. |
5.2.2.5 Group Decision-Making Techniques Majority. | A decision that is reached with support obtained from more than 50 % of the members of the group. |
5.2.2.5 Group Decision-Making Techniques Plurality. | A decision that is reached whereby the largest block in a group decides, even if a majority is not achieved |
5.2.2.5 Group Decision-Making Techniques Dictatorship. | In this method, one individual makes the decision for the group. |
PMIS | Project management information system The system contains processes and tools to allow you, the project manager, to know the status of your project at all times. |
8.1 Project Quality Management | includes the processes and activities of the performing organization that determine quality policies, objectives, and responsibilities so that the project will satisfy the needs for which it was undertaken. |
11.2 Identify Risks How to? | By assessing potential problems with stakeholder engagement, the team is able to identify and address related risks to project success. |
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