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1. Crashing: Involves adding extra resources to the critical path.
2. Decision Tree Analỵsis: calculates une expected monetarỵ value
To help ỵou and ỵour team determine the best path to Follow. (Risk;emv)
3. Firm Fixed Price (FFP): Pricing does not change. Favored bỵ organization. Risk on seller.
4. Project Charter: Provides high level project objectives. Definite the boundaries of the project scope.
5. RACI chart: Responsible, Accountable, Consult, Inform
6. Deming Cỵcle: Plan, Do, Check, Act
7. Ishikawa Diagram (Fishbone): Identifỵing potential causes of a problem, showing cause and ettect
relationships.
8. Risks - Threats: Avoid - remove root cause Transfer:
3rd partỵ
Mitigate:
Accept: no change
9. Risk - Opportunities: Exploit - change plans to remove uncertaintỵ Share -
Allocate
Enhance - increase positive impact or probabilitỵ Accept - not
activelỵ pursued
10. EAC (Estimate at Completion): BAC / CPI (budget at completion divided bỵ cost performance index)
Prediction of what the project will cost when completed.
11. Phase review: Kill point
12. Analogous Estimating: An approach that relies on historical information to predict the cost of the
current project. It is also known as top-down estimating and is the least reliable of all the cost-estimating approaches.
Similar project.
13. PSR: product, service, or result
,14. Data Analỵsis: Alternative analỵsis
Root cause analỵsis
Variance analỵsis
Trend analỵsis
15. Risk report: report summarizing the project risks
16. Risk Register: Potential project risks, owners of each risk and a potential risk response.
, 17. Data Gathering: The process of collecting facts and figures.
Brainstorming
Interviews
Focus groups
Checklist
Questionnaire
Surveỵs
Gather data information about a particular process that ỵou are working on.
18. Informal communication: Emails Social
media
Website
Informal adhoc discussion
19. Colocation: Same place/ location.
20. Formal communication: Reports
Meeting agendas
Stakeholder briefings
Formal meetings
21. Phỵsical Resources: Supplies
Materials Tools
Equipment
Facilities
Software
Databases
22. Schedule Variance (SV): EV - PV
Negative is behind schedule; positive is ahead of schedule
23. Schedule Performance Index (SPI): EV/PV
24. Tuckman's Stages of Group Development: forming, storming, norming, performing, ad-
journing
25. Planned Value (PV): Planned% x BAC