264795
Description
Flashcards by Michael Riben, updated more than 1 year ago
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Created by Michael Riben
over 10 years ago
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| Question | Answer |
| what is a project? | temporary endeavor with defined beginning and end, to meet unique goals and objectives, to bring about beneficial change or added value |
| what is the project management triangle or constraint triad consist of? | Scope, cost, schedule all constrain center of Quality = Performance |
| what is the project lifecycle? | Initiation--> Planning/Desing--> Execution--> Monitor/Control--> Closing |
| what is PMBOK? | Project Managmeent Body of Knowledge |
| what happens during project initiation? | Clarify goals/requirements, align project with goals/work of org/ develop project charter and approve it before planning |
| what happens during Project Planning | What is defined, How is defined, And How Much !!! |
| What is the Project Charter? | Final Product of project initiation usually includes a blue print for project that inlcl udes team requirements, goals, objectives, business case, and stakeholder identification |
| what is the work breakdown structure? | subdivides deliverables into smaller chunks, contains project subprojects, major deliverables, subdeliverables, and work packages |
| what dictates the type and number of resources needed for a project? | Requirements - functional, business, technical, time constrainst |
| what is a fishbone/herringbone/ishikawa diagram | identifies causes for an outcome , effect, or problem. head = problem and work backwards to identify possible causes/contributory factors |
| what two activities are Ishikawa/fishbone diagrams useful for? | Project Planning and Failure analysis |
| what is critical path analysis? | use 3 elements to calculate 3 variables WBS, time for each, dependencies --> longest path, earliest activity can start, and the latest an activity can finish without making project duration longer. |
| What is the Critical Path in a Critical Path Analysis? | Sequence of project activities that result in the longest overall duration of the project which equals the shortest possible time to completion of the project |
| What happens if an activity is delayed on the critical path for a project? | The completion day will be delayed |
| what is Critical Path Analysis good for? | Prioritize activities for time management of the project |
| how can you shorten the critical path? | Prune critical path activities, fast track by parallelism, crash the critical path by adding resources to shorten critical path activities |
| WHAT is PERT? | Project Evaluation and Review Technique - used with critical path method |
| what is a Gantt chart? | Bar chart with project schedule |
| what are 4 factors that cause projects to fail? | Poor communication, Failure to recognize project uncertainty and project risks, customer demands exceed scope, difficulty managing stakeholders |
| what are the 3 biggest challenges to projects? | scope creep, managing expectations, balancing competing priorities |
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