Project Management Professional > PMP Notes > Flashcards

PMP Notes Flashcards

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1
Q

Most PM Power

A

Project oriented

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2
Q

Least PM power

A

Functional

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3
Q

MBI

A

Minimum Business Increment

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4
Q

Big 3

A

Scope, Schedule, Cost (three baselines)

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5
Q

Next 3

A

Quality, Resource, Risk

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6
Q

Primary Tracking Documents?

A

Requirements Traceability Matrix
Stakeholder Register
Risk Register
Assumptions Log
Issue Log
Change Log

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7
Q

Was the baseline affected?

A

Integrated Change Control Process

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8
Q

Quality Control is in the _________’s hands

A

Project Manager

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9
Q

Validate scope is in the ___________’s hands

A

Customer

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10
Q

What should be prioritized?

A

interactions and people

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11
Q

SCRUM in a nutshell

A

create a priority list
execute a portion of the list
show customer
retrospective
re-prioritize
repeat

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12
Q

Who controls the backlog?

A

Product Owner
only person that can add/rem items to backlog (Agile)

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13
Q

Who sets the acceptance?

A

Product Owner
Only person who can accept a deliverable

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14
Q

Agile routine

A

Sprint Planning (what items from backlog)
Daily Standup (identify impediments and prog report)
Sprint Review (Demo)
Retrospective

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15
Q

Predictive approach ->

A

control change/costs
well defined plan

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16
Q

Talent Triangle

A

Ways of Working
Power Skills
Business Acument

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17
Q

PESTLE

A

Political, Economic, Socio-cultural, Technical, Legal, Environment

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18
Q

PMIS

A

Project Management Information System

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19
Q

Business Case

A

economic feasibility
What and Why of Project

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20
Q

Net Present Valu

A

Present value of project based on all cash flows after a given period of time

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21
Q

Fast Tracking

A

schedule compression technique
formally sequential tasks are now run in parallel

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22
Q

Crashing

A

schedule compression technique
throw resources to speed up timeline, good if unused funds available

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23
Q

ADKAR

A

Awareness
Desire
Knowledge
Ability
Reinforcement

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24
Q

Change Model

A
  1. Create a sense of urgency
  2. Build a coalition of the willing
  3. Form a strategic vision & initiatives
  4. Enlist a volunteer army
  5. Enable Action by removing barriers
  6. Generate short term wins
  7. Sustain Acceleration
  8. Institute change
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25
Training is not a __________.
Change
26
Project governance
frameworks, functions, and processes that guide project management activities
27
Phase gate -> AKA
governance gate, kill point, tollgate
28
Project compliance is _____
mandatory
29
Salience model
a tool for analyzing and prioritizing stakeholders based on three key attributes: Power, Legitimacy, and Urgency
30
Cube Diagram
analyze and categorize stakeholders based on their power, interest, and attitude towards a project
31
Power-influence grid
a tool used in project management to categorize stakeholders based on their power and interest in a project
32
Number of communication channels?
= N(N-1)/2
33
"A stakeholder is unhappy about something they found out about..." is indicative of?
the communication plan needs to be updated
34
Forming
there is a lack of trust Kick-off meeting establish ground rules
35
Storming
get everybod focused on the common goals provide leadershipt
36
Norming
Coach the team Facilitate & Negotiate
37
Performing
Guard against complacency challenge the status quo
38
Adjourning
give time to reflect
39
When to terminate employee?
unlawful or unethical reasons only Otherwise - training, mentoring, coaching
40
Negotiate to reach ____
agreements
41
facilitate to gain ____
consensus
42
Project Charter
formally authorizes project enables PM provides high-level scope, requirements
43
Milestones -> ________ Product Roadmap -> ________
predictive agile
44
Incremental method is about _____
speed
45
Scrum ceremonies
Sprint Planning (iteration planning) Daily Scrum (what did you do? what will you do? roadblocks?) Sprint Review (can include demo) Sprint Retrospective Backlog Refinement
46
Agile manifesto
people over processes/tools
47
Project artifacts are ____________
anything that will help recreate the project
48
Who owns Business Case ?
Sponsor
49
Who owns Benefits Mngt Plan?
Sponsor
50
Who owns Charter?
Sponsor
51
Who owns Roadmap?
Product Owner
52
Who owns Release plan?
Product Owner
53
Who owns Product Backlog?
Product Owner
54
Who owns Sprint (iteration) backlog?
Product Owner & Team
55
Who owns the Team Charter & Ground Rules?
Team
56
MoSCoW Model
Must Have Should Have Could Have Won't Have
57
WBS is ___? Focuses on?
Work Breakdown Structure Deliverables 100% Rule -> add it to the WBS
58
100% Rule?
WBS (Work Breakdown Structure) must represent 100% of the work defined by the project scope, and it applies at every level of the WBS
59
Project Scope statement includes?
Project & Product descriptions Alternatives & Exclusions Acceptance Criteria
60
WBS Dictionary
instructions, resources, timelines
61
User Story
As a _______ I want ______ so that _______.
62
If a team is failing to complete user stories, or productivity decreases, this may be an indication that ____________.
more time is needed on backlog refinement
63
What is used to identify WBS activities?
Scope Baseline and PM Plan
64
Activity = ____________ Task = ___________
Predictive Agile
65
Total Float = ?
EF - LF
66
Critical Path ?
no float, longest duration path
67
Free Float ?
assigned to predecessor equals difference b/w the EF of predecessor and ES of next task/activity
68
only crash/fast track ___________
the critical path
69
Resource Smoothing
optimization technique, free and total float used without affecting the critical path
70
Fast tracking increases ?
most risk
71
Cost Baseline
time-phased spending of money project budget including contingency reserve
72
Contingency reserve is for ?
known unknowns
73
Management reserve is for ?
unkown unknowns
74
Rough order of magnitude
-25% to +75%
75
Definitive Estimate
-5% to 10%
76
Project Management Professional
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