PMP Prep

अब Quizwiz के साथ अपने होमवर्क और परीक्षाओं को एस करें!

Identify characteristics of the Agile method.

*Identifies issues earlier and changes are easier to implement *Agile is incremental *Agile is iterative *Agile focuses on highest-value items first *Agile allows for feedback to be obtained early and often

What are some of the benefits of story mapping?

*Identifies what to build first *helps in planning releases *identifies scope *supports an iterative approach *helps with prioritizing backlog

What are some essential strategies for achieving stakeholder commitment in an Agile project?

*Senior management support *train key stakeholders on technologies and processes *accept customer representatives *be flexible

What are some of the benefits of Agile games?

*They can faciliitate issue examination and improvement identification *They can drive good behaviors *The can help overcome destructive bahaviors

What are the characteristics of effective decision-making techniques for Agile projects?

*all relevant stakeholders are invovled *decision gradient used for consensus *all ideas supported even if not full agreement *all opinions are heard and discussed

What are some of the characteristics of a cohesive and effective Agile team?

*balance between collaboration and cooperation *members are empowered to make their own decision *open and frequent communication

Priority Matrices

*compares any two of four factors against eachother (value, cost, risk, releasability) *includes 4 quadrants of classification *focuses on prioritzing requirements that are highest in value, cost and risk

Kano Model

*generated thorugh surveys of end users and customers * compares degree of requirements implementation against degree of customer satisfaction *graph based

Identify some best practices for creating personas as part of requirements definition.

*include negative personas *base personas on reality *create 3 or less *create primary and secondary *ensure personas are specific and have defined goals

Identify effective strategies to improve team performance.

*recognize individual efforts and contributions *ensure team members are energized *set high performance and technical expectation benchmarks *quickly identify problems *focus on one task at a time

Identify effective communication tools for information flow in an Agile environment.

*use story cards *flow charts *burndown charts *task boards

Tuckman's model of group development

1. Forming 2. Storming 3. Norming 4. Performing 5. Adjourning

Steps of backlog grooming process in order.

1. Gather and analyize user and customer feedback 2. Integrate learnings 3. Determine next steps 4. Develop small stories 5. prepare stories

Sh-Ha-Ri Developmental Mastery Model

1. Imitate 2. Understand 3. Self-directed innovation

steps of the Square Root of the Sum of the Squares method for calculating project buffer in order.

1. Take each task's 90% or worst case estimate 2. Subtract its 50% or average estimate 3. Divide the result by two, square the result 4. Calculate sum of results for all the tasks 5. Calculate the square root of that result and multiply by 2 for final result

If there are 10 customers in line and the throughput is 5 customers per minute, what the lead time would be?

2 minutes

Delphi Technique

A decision-making technique in which group members (experts) do not meet face-to-face but respond in writing to questions posed by the group leader.

Foward Pass

A forward pass through a project network diagram determines the early start and early finish dates for each activity.

MVP

A minimum viable product (MVP) is the bare minimum version of your product that still solves the problem for your customers while a prototype is a model of the expected product before actually building it.

workaround

A response to an unplanned risk event

Secondary Risk

A secondary risk is caused by applying the strategy to minimize the effect of the primary risk.

Multicriteria Decision Analysis

A technique that utilizes a decision matrix to provide a systematic analytical approach for establishing criteria, such as risk levels, uncertainty, and valuation, to evaluate and rank many ideas.

Contingency reserve

A time or dollar amount allotted as a response to KNOWN risk events that may occur within a project.

Identify the five ADAPT requirements for transitioning to an Agile environment.

Ability Desire Awareness Promote Transfer

What are some useful types of documentation for Agile projects?

Acceptance testing documents, user documentation, support documentation

Team Performance Appraisal

Adress the team performance and not individual.

Pair programming

Agile programming technique where two programmers sit, side-by-side, and program aloud.

Iterative Life Cycle

Allows feedback for unfinished work to improve and modify that work

Facilitated Workshops

An elicitation technique using focused sessions that bring key cross-functional stakeholders together to define product requirements. aims to get stakeholders from different areas to understand each other's' point of view.

Inspection versus Audit

An inspection is a structured review of the work being performed by the supplier. This may involve a simple review of the deliverables or an actual physical review of the work itself. Audits are a structured review of the procurement process.

final task that a project manager will typically perform when closing a project

Archive Information

Retrospective

At regular intervals, the team reflects on work product, how to become more effective and then tunes and adjusts its behavior accordingly. Doesn't have to be after an iteration only - can be when the team is stuck, when the team complets something, when its been a few weeks since the last retrospective, etc.

Dreyfus model of skill acquisition

Binary qualities include recollection, recognition, decision and awareness

Are organizational process assets are inputs or outputs of the Close Project or Phase process?

Both

Biggest challenge when teams are spread across countries

CULTURAL

What is a good technique to use when resolving and closing project issues?

Cause-and-effect analysis is a good technique to resolve and close project issues.

Acceptance Testing

Clients, product owners, and stakeholders conduct user acceptance testing to test the product to ensure that it meet the minimum objectives to deliver business value. User acceptance testing is the last phase in the release cycle and is conducted prior to moving an application to production.

Which subsidiary of the project management plan will the project manager use most often?

Communication mangement plan

Benchmarking

Comparing actual or planned products to comparable products to identify best practices, generate ideas for improvement and provide basis for measuring performance.

Enterprise Environmental Factors

Conditions, not under the immediate control of the team, that influence, constrain, or direct the project, program, or portfolio. Rules & Regulations, Organization Culture, and Market Conditions are examples of Enterprise Environmental Factors.

Close Phase

Conduct team performance evaluations

configuration management plan

Configuration identification is when you select and record all the items related to the project, including the product and project management documents that require version control.

Iteration Planning Activities

Confirm user stories and priorities for next sprint, decomposed stories into tasks, refine estimate

Mind Mapping

Consolidates ideas created through individual brainstorming sessions into a single map to reflect commonality and differences in understanding and generate new ideas.

corrective action

Corrective actions are taken when the project has deviated from the planned scope, schedule, cost, or quality requirements. Corrective actions are reactive in nature and are intended to bring the project's performance back into alignment with the agreed-upon project baselines.

Agile Team Members

Cross functional team member, team facilitator, product owner

What are some methodologies that can be used for Agile project management?

DAD, Crystal Methods, BDD, TDD, Kanban

defect repair

Defect Repair is a process where you correct a defective component.

Definitive Estimate Budgetary Estimate Order of Magnitude Estimate

Definitive Estimate: -5% to +10% Budgetary estimate: -10% to +25% accuracy Order of magnitude estimate: - 25% to +75% accuracy

As an output of which process is the issue log created first?

Direct and manage project work

SV (schedule variance)

EV-PV

CPI =

EV/AC (earned value/actual cost)

SPI =

EV/PV

What parameters are necessary for EVM?

Earned Value management Assumed team velocity, actual project costs, release plan, estimated backlog in story points

For internal projects, who is the owner?

Empowered person who will BENEFIT from the development

What are the five Agile project management model phases?

Envisioning, Adapting, Exploring, Speculating, Closing

who is on your project team asks you who is responsible for manage quality?

Everyone

Annual Performance Review

Examine performance of individual across ALL projects.

EMV =

Expected Monetary Value = Impact * Probability

Warranty Work is a type of what cost?

External Failure Cost

Kanban

Flow Based approach; measured by lead time, cycle time and response time; does not used timebox iterations

Who controls the budget in a weak matrix?

Functional Manager

Transcational Leadership

GIve out awards etc.

Identify some of the recommended components of a business case.

Goals, Strategy, Opportunity, Project Vision

Gold plating

Gold Plating is a phenomenon where you add some extra features to the product in order to make the client happy. Gold Plating may increase cost and risks.

Which of attributes are more important than technical skills for a project manager of an agile team?

Humility, honesty and collaboration

Scrum is what type of agile planning

ITERATION BASED

What is the outcome of cycle time reduction?

Increased productivity

Agile Primary Value

Individuals and Interactions Working Software Respond to change

During which process groups does you spend the most time on managing the needs and expectations of his stakeholders?

Initiating and Planning (upfront when their changes cost the least)

What are common risk management strategies useful in Agile projects?

Introspectives, variance and trend analysis, value stream mapping, pre-mortem activities

Project Tracking Tool and Iteration Level

Iteration burnup chart, iteration burndown chart

Agile Life Cycle

Iterative and Incremental to refine work items and deliver frequently

Identify wireframing best practices for formatting user stories.

Keep them simple, gather feedback, use storyboards and annotations, provide explanations, experiment

Affinity Diagrams

Large number of ideas to be classified into groups for review and analysis

What types of risks are kept on the Watch LIst

Low-priority risks are kept in the Watch List. These risks have low probability and low impact. These risks are kept in the Watch List for future monitoring to determine if they may become a high probability or a large impact risk.

In what process are managing ground rules a technique

Manage Stakeholder Engagement

Monitor and Control Project Work (what do they each mean)

Monitoring involves gathering information about the project's performance. This helps you detect trends by identifying any deviations from or risks to the project plan. Then, you can take preventive or corrective action if needed. Controlling activities in the Monitor and Control Project Work process involves taking action to correct problems or deviations you discover through monitoring activities. This includes preparing change requests, monitoring implementation of corrective actions, adjusting project baselines to account for approved changes, and monitoring the execution of risk response plans.

Predictive Life Cycle

More traditional approach; bulk of planning up front; execute in a single pass; sequential

Which estimate is given more weight in the PERT estimate formula?

Most Likely estimate; (Optimistic + 4*Most-Likely + Pessimistic)/6

What are the four categories of the MoSCoW model?

Must have, Could have, Should Have, Wont Have

Which are suitable types of contracts for an Agile project?

Not to exceed with fixed fee, incentive contracts, service contracts for the series of fixed price contracts, time and material contracts, cost reimbursible

What do you need to conduct agile value management

Number of iterations planned, budget, number of story points planned

Downward Communiation

PM to Team

Internal EEF

PMIS

Who does most likely conduct an audit to ensure compliance to health and safety regulations?

PMO

Point of Total Assumption (PTA)

PTA is a point above which total cost overrun is borne by the seller.

Qualitative Risk Analysis

Perform for all risks on all projects

Project Performance Appraisal

Performance of a specific team member on the project.

Organization knowledge repository

Place where Intellectual resources like databases, documents, guides, policies and procedures, software, and patents

Planned Value

Planned Value (PV) is the authorized budget assigned to work to be accomplished for an activity or WBS component. (Planned % Complete) X (BAC)

preventative action

Preventive actions are taken when the project is trending away from the planned scope, schedule, cost, or quality requirements. Preventive actions are proactive in nature, based on a variance and trend analysis. Preventive actions are intended to ensure the project is delivered in alignment with the agreed-upon project baselines.

Identify the benefits of setting WIP limits.

Prevents bottlenecks, ensures limits are determined and agreed upon, determines min and max amount of work, identifies areas of idleness or overload, improves througput

What are some of the elements included in a project charter? (Agile)

Problem, Vision Statement, Customer, Objectives or Mission

Agile Secondary Value

Processes and Tools Comprehensive documents Contract Negotiation

What is the name for sample packaging that visually depicts a product?

Product Vision Box

Identify the common review and feedback methods for Agile projects.

Product feedback loops, five whys, retrospectives, fishbone diagram analysis

Initation Phase

Product owner establishes the product vision

Who controls the budget in a projectized organization and strong matrix?

Project Manager

Who controls the budget in a balanced matrix?

Project Manager and the Function Manager

What scheduling buffer types are used for Agile projects?

Project buffers, feature buffers, feeding buffers, resource buffers

How to motivate team members in agile team?

Provide challenging work and praising team members in front of others.

Incremental Life Cycle

Provides finished deliverables that the customer may be able to use immediately

How does flow-based agile planning work?

Pulls featues from backlock based on capacity to start work rather than on an iteration based schedule. Each feature my take a different time to finish.

Servant Leaders Approach to Work

Purpose -- people -- process

Relationshop between product backlog and sprint backlock

RElation is recipricol; the product backlog is used to create the sprint backlog

Which opportunity is related to the Kanban pull system?

Reduced inventory

Progress Tracking Tool at Project Level

Release burnup chart, releaes burndown chart, parking lot chart

In which knowledge areas is negotiation used as a tool and technique?

Resources, procurements and stakeholder

RACI Chart

Responsible, Accountable, Consult, Inform; Responsibility assignment matrix; shows who should be informed regarding a certain activity

Ambiguity Risk

Risks in the future that are impossible to predict.

Qualities of situational leadership from Hersey and Blanchard

S1: Telling or directing, S2: Selling or coaching, S3: Participating or supporting, S4: Delegating or observing.

Technique for risk identification

SWOT analysis (A) shows strengths, weaknesses, opportunities, and threats and is used for risk identification.

Identify some of the characteristics of testing activities for Agile projects.

Scripted approach, mandatory and exploratory, emphasis on autonomy skill and creativity, performed continuously, usability focus

Project Owners is AKA

Service Request Manager

examples of a prototype

Simulations, storyboarding, and mock-ups

Team charter is AKA

Social Contract

Identify the four Scrum inspect and adapt events.

Sprint Planning, Sprint review, Daily Scrum, Sprint Restrospective

Review and Adapt Phase

Stakeholders demonstrate products, Conduct team performance evaluations

Development Phase

Stakeholders participate in sprints

Standard deviation equation

Standard Deviation = (Pessimistic Estimate - Optimistic Estimate)/6

On a Kanban board, which item is often used to depict a task?

Sticky Notes

In which stage of the Tuckman ladder will team effectiveness reach its lowest point?

Storming

Identify some of the estimating techniques you can use for Agile projects.

Story points, affinity estimation, wideband delphi, ideal days, relative sizing

organizational project management (OPM)

Strategy execution framework utilizing project, program, and portfolio management as well as organizational enabling practices to consistently and predictably deliver organizational strategy producing better performance, better results, and a sustainable competitive advantage.

What are the key activities that take place in the iteration planning meeting?

Tasks are assigned, commitment is confirmed for completing assigned tasks, user stories are translated into specific tasks, user stories are presented

What are some of the considerations to keep in mind when scaling an Agile team?

Team size, compliance requirements, organization distribution, geographic distribution, electronic document requirements

Swarming

Technique in which multiple team members focus on resolving a specific impediment.

Collective Code Ownership

Technique where a team member is authorized to modify any project work product or deliverable.

What theory was suggested by Demming?

The Plan-do-Check-Act doctrine - used in scrum, iterative and agile practice

Budget at Completion (BAC)

The original total budget for a project; does not include management reserve

Who participates in the daily scrum?

The people who must attend the Daily Scrum are only members of the Development Team. They are responsible for getting it right. The Scrum Master, the Product Owner, or any Stakeholder may attend as listeners, but are not required to do only as long as it is useful to the Development Team.

Response Time (Kanban)

The period between when a user story is added to the Kanban board until the work on the user story is started is the response time.

Control Procurements

The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as appropriate. Makes sure they are paid.

Agile Release Planning Components

The product vision drives the product road map. The product road map drives the release plan. The release plan establishes the iterations. The iteration plan schedules feature development. Prioritized features are delivered by user stories. Tasks are created to deliver user stories.

Scrum master vs servant leader when it comes to impedments

The scrum master coaches his team to remove impediments while the servant leader has the ability to change or remove impediments.

Who assigns tasks to agile project team members?

The team

Release Planning Phase

The team plans the product work for product development

Scope Creep

The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources.

TCPI

To Complete Performance Index. The efficiency needed to complete project. If greater than 1, you need to work with better cost performance. TCPI = (BAC - EV) / (BAC - AC)

Which waste type is associated with moving items between various tasks?

Transportation

stakeholder engagement assessment matrix categories

Unaware = unaware of project and impacts on them Resistant = aware but not in support Neutral = aware but not opinion Supporting = supportive and want it to succeed Leading = actively engaged and want to help

Characteristics of a Project

Unique, gives an output, non-repetitive

What are some considerations to keep in mind when estimating team velocity?

Unpredictable technological complexity, miscommunicatino, changing requirements, changes in team structure, too much focus on increased velocity

Value Stream Mapping

Used in agile; used to document, analyze, and improve the flow of information or materials required to produce a product or service for a customer. When the process is mapped out you can take action by focusing on continuous delivery, setting work in progress limits, and eliminating waste.

What is the best definition of the process Manage Project Knowledge?

Using existing knowledge and creating new knowledge to achieve the project's objectives

What is the element of the Process Cycle Efficiency (PCE) Formula?

Value added time, lead time

VAC

Variance at Completion BAC - EAC

Pareto Chart

Vertical bar graph on which bar height reflects frequency or impact of causes; helps you identify the minor number of sources causing most of the troubles.

Burndown Chart

WOrk remaining versus time

When is change formally controlled?

When projects have established baselines

Blended agile

When two more more agile techniques are used

Work Performance Information

Work performance information is the processed and analyzed data that will help the project manager make project decisions.

Scatter diagram

a graph that shows the degree and direction of relationship between two variables

Mobbing

a technique in which multiple team members focus simultaneously and coordinate their contributions on a work item

Kanban Board

a visualization tool that enables improvements to the flow of work by making bottlenecks and work quantities visible

Crashing

add resources

WHo signs team charter

all members

In which project phases do you identify the project stakeholders?

all phases

Radar Chart

also known as a spider chart, can be used to assess the suitability of an agile approach. To determine if a proposed project is a good fit for an agile methodology, stakeholders complete a questionnaire that is based on key aspects of the project. This data is used to create the radar chart, which will show if the project's characteristics and environment are a good fit for an agile approach.

Actual Cost

amount of money you have spent to date

regressional analysis

analyzes the interrelationships between different project variables that contributed to the project outcome to improve performance on future projects

Work performance data

are raw observations and measurements, which need to be interpreted before you can make a decision.

Organizational Process Assets

assets possessed by an organization to help you to run the project efficiently and smoothly; e.g. policies, procedures, lessons learned, etc.

shared risk procurement model

both the buyer and the seller share in the risk and rewards associated with a project.

Focus Groups

bring together prequalified stakeholders and subject matter experts to discuss requirements. The goal of a focus group is to encourage interaction of experts.

Iteration Based Agile

burn down + velocity; time boxes; work from highest priority to lowest; each time box is the same size

Beta distributation formula

cE = (cO + 4 x cM + cP) / 6

Resource Breakdown Structure

can include specific information about resources. Examples are skill level and required certifications, which can be helpful for recruitment

Fishbone diagram is also known as

cause-and-effect and Ishikawa diagram.

Factors that influence the success of a team from least to most important

co-location of team, co-located team room, full-time assignment of team members

DevOps

collection of practices for creating a smooth flow of delivery by collaboration between development and operations staff.

What is the term for locating members close to one another, or in the same workspace?

colocation

Where are escalation practices found (ie conflict with a stakeholder)

communication management plan

stakeholder engagement assessment matrix

compares current and desired stakeholder engagement levels.

Configuration Management Plan

component of the project management plan that describes how to identify and account for project artifacts under configuration control, and how to record and report changes to them.

Definition of DOne

concerned with the criteria required to be met so that a deliverable can be considered ready for customer use; defined in the SCOPE

Project Team Assignments

contain information on the skills and abilities of the project team. When team members enhance their skills, this is reflected in this document.

Rational Pursusasion

convince using empirical data; politics can play tho if the stakeholders want to use a different "expert"

definition of done

customer signoff, product meets industry standards, team is wrapping up the validate scope process

plurality

decision-making technique whereby the largest block in a group decides even if a majority is not achieved.

definition of ready

defines the criteria that a specific user story has to meet before being considered for estimation or inclusion into a sprint. (ie an acceptance test)

Project Benefits Management Plan

defines the processes for creating, maximizing, and sustaining the benefits provided by a project.

Quality Management Plan

describes how applicable policies, procedures, and guidelines will be implemented to achieve the quality objectives.

Management Reserve

discretionary reserve set aside by upper management to be used to cover future situations that can't be predicted. unidentified risk.

Fast tracking

do things in parallel

team charter

document that records the team values, agreements, and operating guidelines, and expectations regarding behavior within the team.

Project Business Case

documented economic feasibility study that validates the benefits, which is used to authorize the project

Monte Carlo analysis

does not focus on single risks but simulates the combined effects of individual projects risks to evaluate the potential impact on achieving project objectives.

Rolling Wave Planning

ear term work is planned in more detail, while the distant work is planned broadly.

Responsibilities of Servant Leader

educate stakeholders on why and how to be agile, support the project team through mentoring, support building activities with external groups, and help the team with technical project management activities.

nominal group technique

enhances brainstorming with a voting process used to rank the most useful ideas for further brainstorming or for prioritization

Release Planning Activies

establish project goals, create user stories, prioritize stories

Key Performance Indicator

example of work performance data.

multi-tiered contract structure

fixed items can be locked in a master agreement while dynamic items can be formalized in a lightweight statement of work.

Charismatic Leader

focused on inspring people

Three forms of legitmate power

formal, reward and penalty

Tuckmans Ladder Order

forming, storming, norming, and performing.

Direct and Manage Project Work

generating work performance data - executing approved changes - issuing change requests - documenting lessons learned

In an agile team, what is the product owners role?

guide direction of work; rank work based on business value; provide fedback; work with stakeholders, cutomers and teams to define product direction; create the backlog for and with the team

T shaped people

have a speciality but also breadth of experience across multiple skills

Maslow theory

hierarchy of needs; it states that when our lower order needs are met and satisfied, we tend to be concerned with the higher order of needs.

Governance Framework

influences how: objectives are set and achieved, risk is monitored and assessed, and performance is optimized.

configuration control

involved with the product or project deliverables and manages the product baseline.

high interest and low power

keep informed

high power and low-interest category stakeholders

keep satisfied

What is an Epic

large user stories that can be broken down in a number of smaller user stories. If your user story is too large this can result in inaccurate estimations.

Cycle time versus lead tim

lead time is the total time it takes to deliver an item, measured from the time it is added to the board to the moment it is completed while cycle time is the time required to process an item.

Flow based agile

lead time, cycle time, response time; Kanban; WIP limits

Value Stream Mapping

lean enterprise technique used to document, analyze, and improve the flow of information or materials required to produce a product or service for a customer.

What are spikes used for?

learning about critical technical or functional elements

post-project retrospective analysis

lessons learned tool

Artifact

living document of the project and a term used in Scrum: product backlog, sprint backlog, product increment

high power and high-interest category stakeholders

manage closely

Planned-to-done ration

measures predicability. (user stories meeting definition of done)/(User Stories planned on completing)

low power and low-interest category stakeholders

monitor

implement a change request falls under

monitor and control work

What could explain the switch from a negative gradient to a positive gradient in a burndown chart?

more features are added to the product backlog

Quantitative Risk Analysis

more limited use, based on the type of project, the project risks, and the availability of data to use to conduct the quantitative analysis.

What are some of the customer-valued prioritization methods you can use in Agile projects?

multivoting, kano analysis, 100-point method, CARVER technique

Who is responsible for regulatory compliance

organizational governance

Work performance information

performance data collected from various controlling processes, analyzed in context, and integrated based on relationships across areas.

Impact Mapping

planning technique that acts as a roadmap to the organization while building new products.

At which level in an organization are business value decisions made?

portfolio

Screening system

predefined criteria that are used to short-list vendors for source selection

Who can cancel a sprint

product owner

Refactoring

product quality technique whereby the design of a product is improved by enhancing attributes

stakeholder register

project document that includes the identification, assessment, and classification of project stakeholders as well as their expectations of comunications

WHo setting priorities between any constraints identified for the project during project initiation

project sponsor (customer if extermnal)

LEAN Quality Management System

provide the project manager with the tools required to ensure that each iteration meets compliance requirements. As each iteration finishes, the Quality Management System will kick off a compliance test prior to release to ensure that each story point meets the business needs of the client while maintaining regulatory controls.

Resource Management Plan

provides guidance on how project resources should be categorized, allocated, managed, and released.

PMIS is an example of what type of communication

pull communication

Work performance reports

representation of work performance information intended to generate decisions, actions, or awareness

Agile method of quality compliance

require that a test case be developed prior to implementing any changes to code. This is done to reduce time in testing and help facilitate feedback from clients on any changes to the product. These test cases help to ensure that the product is functioning as intended and can be reused to test the same functionality throughout the product lifecycle.

When situation are highly volatile (someone gets very angry) its best to

retreat and allow some time to pass before re=engaging

Competing Constraints

scope, schedule, cost, resources, quality, and risk.

Team Facilitator role

servant leader; scrum master; coach

Quality Metric

specifically describes a project or product attribute and how the Control Quality process will verify compliance to it.

Adaptive Life Cycles

specified time-boxed periods for releases, waves, and iterations. Time-boxed periods are durations during which the team works steadily toward completed of a goal.

Which relationship model is most commonly used in the Precedence diagrams

start to finish

Risk Mitigation

strategy that seeks to reduce the risk to a level that is acceptable

Quality Audit

structured reviews that examine whether an organization's policies and procedures are being applied correctly and whether they achieve their purpose.

PMI Talent Triangle

technical project management, leadership, and strategic and business management

Lead Time (Kanban)

the amount of time a successor activity can be advanced with respect to a predecessor activity.

Acceptance Test Driven Development (ATTD)

the entire team defines the acceptance criteria for a work product. ATTD does also use automated tests, however, these automated tests are not created before the product is created as is the case for TDD

Change control addresses

the management of the project and manages changes to the project baseline.

Residual Risk

the risk that remains after management implements internal controls or some other response to risk

Triple Constraint

time, cost, scope

What is included in a cost baseline?

total funds required + management reserves (anticipated liabilities)

Team augmentation

used to embed the supplier's services directly into the customer organization. Funding teams instead of a specific scope preserves the customer's strategic decision on what work should actually be done.

Accomondating (Conflict Resolution Technique)

used to show importance on where parties agree instead of focusing on their differences.

backlog refinement meeting

user stories are refined so the team understands what stories are and how large stories are in relation to each other

Trend analysis

validate the models used in the organization and to implement adjustment for future projects

Earned Value

value of the work actually completed to date. If the project is terminated today, Earned Value will show you the value that the project has produced. % of completed work X BAC (Budget at Completion)

information radiator

visible, physical display that provides information to the rest of the organization enabling up-to-the-minute knowledge sharing without having to disturb the team

Daily Scrum

what has been accomplished since the last meeting, what the team is planning to complete before the next meeting and the impediments the team is dealing with.

Test-Driven Development (TDD)

writing automated tests before the actual product is created, which helps people design and make the product less prone to mistakes.

probability and impact matrix

x-axis represents the impact while the y-axis represents probability.

Resource leveling

you arrange resources to maximize their utility.


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