IT Project+ Set 2
Terms
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- What project component conveys that you have achieved completion of an interim deliverable?
- a milestone
- What are the three basic constraints all projects face?
- Time, quality, budget
- According to PMI, what are the three basic constraints on any project?
- Cost, schedule, and scope
- In what phase is the project manager most visible?
- controlling phase
- What signals the end of the planning phase?
- the formal signing of the project plan document
- What is the most common cause of cost overruns for IT projects?
- Add-on costs that were not recognized at time of planning
- What is the outcome of a Work Breakdown Structure?
- deliverable
- What are the five phases of project management?
- Initiating, Planning, Executing, Controlling, Closing
- Who is responsible for signing the project charter?
- project sponsor
- What does PMI call phases?
- process groups
- In which process is it determined whether there is enough money in the budget or enough hours left to complete the project?
- earned value analysis
- What is the typical input of the planning phase?
- project charter
- Along with a description, what two components should a milestone have?
- Entry and exit criteria
- What typically serves as the input for the initiating phase?
- customer request
- In which process are financial variables examined to determine where a project is at?
- value analysis
- What is the typical output of the initiating phase?
- project charter
- When comparing the ratio of budgeted versus actual, which type of variable should be used?
- index
- What are two indexes associated with earned value analysis?
- Cost Performance Index (CPI) and Schedule Performance Index (SPI)
- What document defines the height and breadth of a project?
- scope document
- Other than the PM, which two groups must review a project plan?
- sponsor and stakeholders
- In which process are budgeted costs compared to actual?
- variance analysis
- What two sets of criteria must be alluded to in the project scope document?
- success and completion criteria
- When is it the job of the PM to also manage team members?
- always
- What is the name given to the phenomenon that, due to its uniqueness, a project's plan and budget will be continually refined?
- progressive elaboration
- What analysis should be performed to decide if a proposed scope change should be elevated to the sponsor?
- variance analysis
- If a corporate organizational change affects the project team, who should tell the team?
- the sponsor
- What are the three areas of estimation to be interested in when preparing a project schedule?
- materials, time, and person-hours
- What are the two outflows of the closing phase?
- documentation and release of resources
- What is the name given to elements that might have a direct impact on the length of the project scope?
- constraints
- In what four ways can a project be declared complete?
- deliverables have been created; success and completion criteria have been met; project has been cancelled; resources are depleted
- What are the two main types of milestones?
- major and minor
- What component authorizes a project to begin?
- the project charter
- What type of budget is predicated on assumptions and initial estimates?
- top-down
- Who is responsible for assembling the project's team members?
- the PM
- What is the best way to prevent scope creep?
- make sure the requirements are clearly defined before project begins
- Which cost estimating technique is the most beneficial for a standard IT project?
- bottom-up
- What two general categories do the characteristics of a project fall into?
- constraints and phases
- What must be done to each requirement when developing them for a project?
- provide metrics by which they can be measured