Flashcards (101 to 150)

eliskar
Flashcards by eliskar, updated more than 1 year ago
eliskar
Created by eliskar about 7 years ago
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PMP Study Flashcards on Flashcards (101 to 150), created by eliskar on 01/26/2014.

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Question Answer
101. Name the only logical relationship ADM uses Finish-to-start
102. What are discretionary dependencies? Dependencies that are usually based on best practices and defined by the project team.
103. The sender has responsibility for this in the communications process. Creating clear, concise, complete messages.
104. Name the three men responsible for modern quality management theories. Philip B. Crosby, Joshep M. Juran, and W. Edwards Deming.
105. Used as the guideline for future project decisions, this can be one document or many documents and requires formal sign-off. Project plan
106. Describe the difference between project calendars and resource calendars. Project calendars describe the working and nonworking days or shifts for the project and typically define holidays and weekend. Resource calendars refer to individual resources (or category of recourses) and their availability. Resources calendars are an input to the Estimate Activity Resources.
107. This theory conjectures that humans are always in a state of need or another Maslow’s hierarchy of needs
108. What is the meaning of a fait accompli? The issue under discussion is not longer an issue or cannot be changed.
109. What is the formula for calculating ETC when variances are typical and are expected to continue? ETC = (BAC – cumulative EV) / cumulative CPI
110. Describe when Close Project should occur. At the end of each project phase and at the end of the project
111. Describe the key activity of project closing. To formalize project completion and disseminate formal acceptance notice.
112. The mathematical technique is used to forecast the project’s outcome based on historical information. Trend analysis
113. Name the process that documents the level of project completeness for a canceled project. Verify Scope
114. Configuration management and change control systems are elements of this process Perform Integrated Change Control
115. What comes about as a result of quality audit? Quality improvements
116. Name the conflict resolutions methods. Forcing, smoothing, compromise, confrontation (problem solving), collaboration, and withdrawal.
117. Name the strategies for negative risk or threats. Avoid, transfer, mitigate, and accept
118. How do organizations perceive risk? As threats or opportunities.
119. Name the information-gathering techniques of Identify Risk. Brainstorming, Delphi technique, interviewing, and root cause identification.
120. This is the expected cost for the project and is used to measure future project performance. Cost baseline
121. This guides the project team’s during the executing process. Project Scope statement.
122. What are the characteristics of a deliverable Deliverables are measurable, tangible, and have results that are easily proved or verifiable.
123. Name the outputs of the Plan Risk Response process. Risk register updates, risk-related contractual agreements, project management plan updates, and project document updates.
124. Describe Contingency Theory. The Contingency Theory states that people are continually motivated to achieve levels of competency even when the competency is reached.
125. What are the feeding buffers? Feeding Buffers are non-work schedule activities used with the critical chain method to prevent slippage.
126. State what you must be able to do in regards to requirements. Track, measure, trace, and test.
127. What is the formula to calculate EAC using actual cost and assuming ETC uses the budget rate? EAC = AC + BAC - EV
128. Describe conflict of interests Putting your own personal interests above the interests of the project.
129. What is PDM? Precedence diagram method, which is a tool and technique of Sequence Activities.
130. Identify two processes that use analogous estimating. Estimate Activity Durations and Estimate Costs
131. What is the formula to calculate CPI? CPI = EV/AC
132. Describe Intellectual Property Intellectual property includes things like copyrighted material, ideas, patented information, and business or manufacturing processes. Intellectual property is not tangible.
133. Name the project ending where projects are completed and accepted. Extinction.
134. Define the output of Identify Risk and what it contains. The risk register, which contains a list of identified risks and a list of potential responses.
135. This process evaluates the probability and impact of its consequences on project objectives numerically. Perform Quantitative Risk Analysis
136. What is the unique identifier assigned to the WBS elements? Code of accounts.
137. What makes up the scope baseline? Approved scope statement, WBS, and WBS dictionary.
138. What is the project acceptance decision for NPV calculations? Accept projects with NPV > 0
139. This process the most often overlooked Closing
140. Name the modeling techniques used in the Quantitative Risk Analysis process. Sensitivity analysis, expected monetary value (decision tree analysis is used here) modeling and simulation (which uses Monte Carlo analysis), and expert judgment
141. Describe product verification Determines whether all of the work of the contract was completed correctly and satisfactorily.
142. Influencing others to make decisions in your favor is a characteristic of ___________. Conflict of interest
143. Name the project ending where resources are dispersed to other business areas or projects. Integration
144. What is the most important skills a project manager can have? Communication
145. Name the components of the risk management plan Methodology, roles and responsibilities, budget, timing, risk categories, definitions of risk probability and impact, PI matrix, revised stakeholders’ tolerances, reporting formats, and tracking.
146. Name the strategies for positive risk or opportunities Exploit, Share, enhance, and accept.
147. What processes must be closely integrated and coordinated with the Administer Procurements process? Direct and Manager Project Executions, Report Performance, Perform Quality Control, Perform Integrated Change Control, and Monitor and Control Risks.
148. This type of training makes team members aware of differences between cultures and ethnic groups and builds respect and trust for those on their team. Diversity training.
149. Name the triple constraint Time, scope, cost, all of which affect quality.
150. What is the project acceptance decision for IRR calculations? Accept the project with the highest IRR value
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