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ISDS 351 EXAM -2 STUDY GUIDE

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ISDS 351 EXAM -2 STUDY GUIDE

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ISDS 351 EXAM #2 STUDY GUIDE

List Project Integration Management - Answer -Initiating, Planning, Executing,
Monitoring and Controlling, Closing

Within the executing and monitoring and controlling list the 9 topics that have an affect
on these 2 project integration management processes. - Answer -scope, time, cost,
quality, human resources, communication, risk, procurement, and stakeholders

What are the three primary methods for determining the projected financial value of
projects? - Answer --Net present value (NPV) analysis
-Return on investment (ROI)
-Payback analysis

Project Charter - Answer -Document that formally recognizes the existence of a project
and provides direction on the project's objectives and management

Who needs to sign a project charter to acknowledge agreement on the need and intent
of the project? - Answer -stakeholder

True or False:
A signed charter is a key output of project integration management - Answer -True

Project Management Plan - Answer -Document used to coordinate all project planning
documents and help guide a project's execution and control

List the 4 common elements of a Project Management Plan. - Answer -•Introduction or
overview of the project
•Description of how the project is organized
•Management and technical processes used on the project
•Work to be done, schedule, and budget information

The majority of time and money Directing and Managing Project Work is usually spent
on ____________? - Answer -execution

The ___________ of the project directly affects project execution because the products
of the project are produced during execution. - Answer -application area

How do project mangers coordinate the planning and execution of a project? - Answer -
•Project planning and execution are intertwined and inseparable activities
•Those who will do the work should help to plan the work
•Project managers must solicit input from the team to develop realistic plans

Expert judgment - Answer -Experts can help project managers and their teams make
many decisions related to project execution

, Meetings - Answer -Allow people to develop relationships, pick up on important body
language or tone of voice, and have a dialogue to help resolve problems

Project management information systems - Answer -There are hundreds of project
management software products, and many organizations are moving toward powerful
enterprise project management systems that are accessible via the Internet

Baseline - Answer -Approved project management plan plus approved changes

What are the three main objectives of Performing Integrated Change Control? - Answer
--Influencing the factors that create changes to ensure that changes are beneficial
-Determining that a change has occurred
-Managing actual changes as they occur

Change Control System - Answer -Formal, documented process that describes when
and how official project documents and work may be changed. Describes who is
authorized to make changes and how to make them

Scope - Answer -refers to all the work involved in creating the products of the project
and the processes used to create them

Deliverable - Answer -a product produced as part of a project, such as hardware or
software, planning documents, or meeting minutes

Project Scope Management - Answer -The processes involved in defining and
controlling what work is or is not included in a project

Collecting Requirements - Answer -defining and documenting the features and
functions of the products produced during the project as well as the processes used for
creating them

Documenting Requirements - Answer -Requirements can be unclear. A requirements
dictionary provides additional background or context on what a requirement is trying to
achieve.

Requirements Traceability Matrix - Answer -A document that provides a way to track
requirements through the life of the project.

WBS - Answer -- Is a deliverable-oriented grouping of the work involved in a project
that defines the total scope of the project
- Document that provides the basis for planning and managing project schedules, costs,
resources, and changes

Decomposition - Answer -subdividing project deliverables into smaller pieces

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