4. Project integration management

Question 1

List the integration management processes and their corresponding process groups!

Answer 1

1. Develop project charter (initiating)
2. Develop project management plan (planning)
3. Direct and manage project work (executing)
4. Monitor and control project work (monitoring and controlling)
5. Perform integrated change control (monitroing and controlling)
6. Close project or phase (closing)

Question 2

What are the most important characteristics (name six) of the project charter?

Answer 2

The PC…

• should be broad enough so it does not need to change as the project progresse
• formally recognizes the existence of the project
• gives PM authority to spend money and commit ressources to the project
• provides high level requirements and success criteria for project
• identifies constraints and high level risks
• process of creatint the charter uncovers assumptions about the project

Question 3

What two broad groups of project selection exist?

Answer 3

1. Benefit measurement methonds (comparative approach), i.e. murder board, peer review, scoring and economic models
2. Constrained optimization methods (mathematical approach)

• PV
• NPV
• IRR (the higher the better)
• Payback period
• Cost benefit analysis (ratio > 1 means benefits are greater than costs)

Question 4

What is the formula for PV?

Answer 4

PV = FV / (1+r)ⁿ

Question 5

What is the project statement of work (SOW), what does it describe and who creates it?

Answer 5

The SOW is created by the customer or sponsor and describes their needs, product scope and how the project fits into the organization’s strategic plan

Question 6

Project management plans consist of (which 5 things)?

Answer 6

• ​PM processes used in the project
• Knowledge area management plans
• Scope, schedule, cost (= performance measurement baseline) baselines
• Requirements, change, configuration management plan
• Process improvement plan

Question 7

Expert stuff to know about baselines and deviations concerning risk!

Answer 7

Deviations from baselines are often due to incomplete risk identifaction. So therefore, if a project significantly deviates from baselines, the correct thing to do is to review the risk management processes

Question 8

What are project documents?

Answer 8

Any project related document that are not part of the project management plan

Question 9

What are corrective actions? Do they change baselines?

Answer 9

Any action taken to bring expected future project performance in line with the PM plan (think of performance measurement baseline and the like. Thus corrective action does not change a baseline)

Question 10

Describe the six step process of dealing with changes!

Answer 10

1. Evaluate impact
2. Identify options
3. Get internal approval
4. Get customer by in
5. Exectute change
6. Monitor change effectiveness

Question 11

Describe the detailed seven step process for making changes!

Answer 11

1. Prevent root cause of change
2. Identify change
3. Look at impact in each knowledge area
4. Create change request
5. Perform integrated change control (evaluation, identifying options, getting approval, updating documentation)
6. Communicate change
7. Manage project to revised PM plan