M01 - Knowledge Check

Communications Management tools and techniques?

- Communications management plans - Conflict management - Communications media selection - Status reports - Virtual communications - Templates - Project websites

Project Attributes are?

- Has a unique purpose - A project is temporary - Drives change and enables value creation - Is developed using progressive elaboration - Requires resources - Should have a primary customer or sponsor - Involves uncertainty

Procurement Management tools and techniques?

- Make-or-buy analyses - Contracts - Requests for proposals or quotes - Source selections - Supplier evaluation matrices

Resource Management tools and techniques?

- Motivation techniques - Empathic listening - Responsibility assignment matrices - Project organizational charts - Resource histograms - Team building exercises

Cost Management tools and techniques?

- Project budgets - Net present value - Return on investment - Payback analysis - Earned value management - Project portfolio management - Cost estimates - Cost management plans - Cost baselines

Schedule Management tools and techniques?

- Project network diagrams - Critical path analysis - Crashing - Fast tracking - Schedule performance measurements

Integration Management tools and techniques?

- Project selection methods - Project management methodologies - Stakeholder analyses - Work requests - Project requests - Project management plans - Change control boards - Project review meetings

Quality Management tools and techniques?

- Quality metrics - Checklists - Quality control charts - Pareto diagrams - Fishbone diagrams - Maturity models - Statistical methods - Test plans

Risk Management tools and techniques?

- Risk management plans - Risk registers - Probability/impact matrices - Risk rankings

Project Constraints (Triple Constraint)

- Scope - Cost - Time

Scope Management tools and techniques?

- Statements of work - Scope management plans - Scope verification techniques - Scope change controls

Program

A group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually.

Project

A temporary endeavor undertaken to create a unique product, service, or result.

What are the six external environments of firm?

PESTEL - Political - Economic - Sociocultural - Technological - Ecological - Legal

Project Management

The application of knowledge, skills, tools, and techniques to project activities to meet project requirements

Project portfolio management

organizations group and manage projects and programs as a portfolio of investments that contribute to the entire enterprise's success

Value Chain Analysis

provides an in-depth understanding of the Strengths and Weaknesses identifies in the SWOT Analysis.

The leading agile development method?

scrum

SWOT stands for

strengths, weaknesses, opportunities, threats