Concept Phase of a project - ANS-Project is defined including the need. Key output is the
business case. A preferred option is identified and feasibility reviewed.
Definition Phase of a project - ANS-Evaluates preferred option further and considers how best
the solution can be delivered. Key output is the PMP.
Development Phase of a project - ANS-Follows the agreed PMP, and the primary deliverables
are created. This phase has the highest level of resource. Key output is the project deliverables.
Handover and Closure Phase of a project - ANS-The primary deliverables are completed and
brought into use after being accepted by the sponsor/users into BAU. This stage would include
the Post implementation review to evaluate how the project was managed. The key output is a
fully functioning and operation product that has been accepted by users.
How do you calculate Cost Performance Index (CPI)? - ANS-CPI = Earned Value / Actual Costs
How do you calculate Cost Variance (CV)? - ANS-CV= Earned Value - Actual Costs
How do you calculate Earned Value (EV)? - ANS-EV= %complete x Budget at completion
How do you calculate Estimate at completion - cost (EACc)? - ANS-EACc= Budget at
Completion/Cost Performance Index
How do you calculate Estimate at completion - time (EACt)? - ANS-EACt= Planned
Duration/Schedule Performance Index
How do you calculate Schedule Performance Index (SPI)? - ANS-SPI = Earned Value / Planned
Costs
How do you calculate Schedule Variance (SV)? - ANS-SV= Earned Value - Planned Costs
Name 2 types of requirement - ANS-- Functional
- Non-functional
Name 2 types of resource - ANS-- Consumable
- Re-usable
Name 3 motivation theories - ANS-- Maslow's Hierarchy of needs
- Herzberg's theory of motivation
, - Vroom's expectancy theory
Name 4 types of project related costs - ANS-- Committed
- Accruals
- Actual Costs
- Forecast out-turn costs
Project Vs BAU - ANS-- Defined time scale with defined end date Vs Iterative in Nature
- Transient Team Vs Dedicated constant team
- Complex inter-relationships Vs Defined relationships
- High degree of uncertainty Vs Higher degree of certainty
- Specific Aims and Objectives Vs General Objectives
Team Dynamics model - Name the steps within Tuckman's stages of development of a team
model - ANS-- Forming
- Storming
- Norming
- Performing
- Adjourning
What are 2 types of breakdown structure? - ANS-Work Breakdown Structure (WBS)
Product Breakdown Structure (PBS)
What are 3 types of estimating tool? - ANS-- Comparative
- Bottoms Up
- Parametric
What are 3 types of investment appraisal? - ANS-Net present value (NPV)
Payback
Internal Rate of Return (IRR)
What are 3 types of Organisation structure? - ANS-- Functional
- Matrix (Balanced, Weak, Strong)
- Project
What are 5 types of report? - ANS-Progress
Quality
Risk
Finance
Audit
What are aspects of the Responsibility Assignment Matrix? - ANS-R - Responsible
A - Accountable
C - Consulted