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Exam (elaborations)

ISTM 630 MIDTERM QUESTIONS AND VERIFIED ANSWERS

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ISTM 630 MIDTERM QUESTIONS AND VERIFIED ANSWERS

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Predictive Life Cycle


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the scope of the project can be clearly articulated and the schedule and
cost can be predicted




stakeholder management

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Project managers must take time to identify, understand, and manage
relationships with all project stakeholders




what is process 4 of project integration management?


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monitor and control project work




fast tracking


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doing activities in parallel or overlapping them




Schedule Performance Index (SPI) =


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earned value / planned value




output-cost management plan


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, includes:
-level of accuracy for estimates
-reporting formats to use
-methods for documenting costs
-control thresholds




5 predictive life cycles


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1. waterfall model
2. spiral
3. incremental
4. prototyping
5. rapid application development




closing projects


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finalize all activities and transfer completed work to the right people




free slack/float


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, amount of time an activity can be delayed without delaying the EARLY
START of any following activites




three sphere model for systems management


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1. business
2. organization
3. technology




preliminary scope statements


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developed from project charter during project initiation and a more
detailed one will be developed as project progresses




what is process 1 of project integration management


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develop project charter




project scope management

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