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| Question | Answer |
| Project Integration Management includes | the processes and activities to identify, define, combine, unify, and coordinate the various processes and project management activities within the Project Management Process Groups. |
| 4.1 Develop Project Charter | The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. |
| 4.2 Develop Project Management Plan | The process of defining, preparing, and coordinating all subsidiary plans and integrating them into a comprehensive project management plan. The project’s integrated baselines and subsidiary plans may be included within the project management plan. |
| 4.3 Direct and Manage Project Work | The process of leading and performing the work defined in the project management plan and implementing approved changes to achieve the project’s objectives. |
| 4.4 Monitor and Control Project Work | The process of tracking, reviewing, and reporting project progress against the performance objectives defined in the project management plan. |
| 4.5 Perform Integrated Change Control | The process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating their disposition. |
| 4.6 Close Project or Phase | The process of finalizing all activities across all of the Project Management Process Groups to formally complete the phase or project |
| 4.1 Develop Project Charter The key benefit of this process is | a well-defined project start and project boundaries, creation of a formal record of the project, and a direct way for senior management to formally accept and commit to the project. |
| The project statement of work (SOW) is | a narrative description of products, services, or results to be delivered by a project |
| The SOW references the following: | Business need Product scope description Strategic plan |
| The project charter is | the document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. |
| Corrective action— | An intentional activity that realigns the performance of the project work with the project management plan; |
| Preventive action | An intentional activity that ensures the future performance of the project work is aligned with the project management plan; |
| Defect repair | An intentional activity to modify a nonconforming product or product component |
| A deliverable is | any unique and verifiable product, result or capability to perform a service that is required to be produced to complete a process, phase, or project. |
| Work performance data are | the raw observations and measurements identified during activities being performed to carry out the project work. |
| A change request is | a formal proposal to modify any document, deliverable, or baseline. |
| Requests for a change can be direct or indirect, externally or internally initiated, and can be optional or legally/contractually mandated, and may include: | • Corrective action—An intentional activity that realigns the performance of the project work with the project management plan; • Preventive action—An intentional activity that ensures the future performance of the project work is aligned with the project management plan; • Defect repair—An intentional activity to modify a nonconforming product or product component; • Updates—Changes to formally controlled project documents, plans, etc., to reflect modified or additional ideas or content. |
| Monitoring includes | collecting, measuring, and distributing performance information, and assessing measurements and trends to effect process improvements. |
| Control includes | determining corrective or preventive actions or replanning and following up on action plans to determine whether the actions taken resolved the performance issue. |
| The schedule forecasts are | derived from progress against the schedule baseline and computed time estimate to complete (ETC). This is typically expressed in terms of schedule variance (SV) and schedule performance index (SPI). For projects not using earned value management, variances against the planned finish dates and forecasted finish dates are provided. |
| The cost forecasts are | derived from progress against the cost baseline and computed estimates to complete (ETC). This is typically expressed in terms of cost variance (CV) and cost performance index (CPI). An estimate at completion (EAC) can be compared to the budget at completion (BAC) to see if the project is still within tolerance ranges or if a change request is required. |
| A validated change provides | Approved changes that result from the Perform Integrated Change Control process require validation to ensure that the change was appropriately implemented. A validated change provides the necessary data to confirm that the change was appropriately executed |
| Project Selection Methods | 1 Benefit Measurement methods (Comparative approach) * Murder board * Peer review *Scoring models *Economic models **Present Value **Net Present Value ** IRR **Payback period **Cost benefit analysis 2 Constrained optimization methods (Mathematical approach) *Linear programming *Integer programming *Dynamic programming *Multi-Objective programming |
| Constraint | Are factors that limit the teams options, such as limits on resources, budget, schedule and scope |
| Assumptions | Are things that are assumed to be true but that may not be true. |
| SOW is created by | Project Statement of Work is created by the sponsor or client. And describes their needs, the product scope and how the project fits into the strategic plan. |
| Baselines included in the Project Management Plan | Scope, Schedule and cost. Together are called the PERFORMANCE MEASUREMENT BASELINE |
| Deviations from baselines are often due to | incomplete risk identification and risk management. |
| Purpose of the configuration mgmt plan | Defines how you will manage changes to the deliverables and the resulting documentation, including which organizational tools you will use in this effort. |
| Defect repair is another way to say | REWORK |
| Someone wants to make a change to the project scope, whats the best thing to do? | 1 Evaluate the impact 2 Create options 3 Get the change request approved internally 4 Get customer buy-in (if req) |
| Detailed process for Making Changes | 1 Prevent the root cause of changes 2 Identify change 3 Look at the impact of the change 4 Create a change request 5 Perform integrated change control 5.1 Assess the change 5.2 Look for options 5.3 The change is approved or rejected 5.4 Update the status of the change in the change control system 6 Adjust the project management plan, project documents and baselines 7 Manage stakeholders expectations by communicating the change to stakeholders affected by the change 8 Manage the project to the revised project management plan and project docs |
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