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Advisory
Standard
Regulation
Policy
As a program
As separate design and engineering projects
As separate UPC codes
As independent product lines
$27.14
$27.96
$31.03
$26.52
Decision Gates
Kill Points
Stage Gates
All the above
Initiating
Planning
Executing
Monitoring and Controlling
Closing
Initiating
Planning
Executing
Monitoring and Controlling
Closing
Integration Management
Scope Management
Time Management
Cost Management
Quality Management
Human Resources Management
Communications Management
Risk Management
Procurement Management
$1,300,000
$1,500,000
$80,000
$1,125,000
Changing team assignments during late course of a project typically increases cost efficiency.
Changing team assignments during late course of a project typically increases time efficiency.
According to the Law of diminishing returns, the consolidated Cost variance of the two projects will decrease.
According to the Law of diminishing returns, the consolidated Cost variance of the two projects will increase.
Low grade is always a problem; low quality may be overcome by a good rework and repair process.
Grade is a category or rank given to entities having different functional requirements but the same need for quality.
Both quality and grade can often be improved through intelligent measuring, testing and examining.
Low quality is always a problem as it bears on the ability of an item to meet requirements; low grade may sometimes be acceptable.
Report performance
Verify scope
Perform integrated change control
Monitor and control risks
Objectives specified in far more detail than necessary for a execution of a successful project.
Easily achievable objectives which help you reducing the pressure on yourself and the team.
Objectives that should be achieved in order to attain formal recognition by both the customer and the project sponsor.
Objectives that are described using specific, measurable, assignable, realistic and time-related specifications.
Bar chart
Resource histogram
RACI matrix
Human Resource Management Plan
Weak matrix
Projectized
Functional
Strong matrix
Project Schedule Network Diagram
Critical Path Schedule
Milestone chart
Bar chart
Close Project occurs at the end of a project phase and at the end of the project.
Close Project occurs at the end of the project phase only.
Close Project occurs at the end of the project only.
Close Project is performed after Contract Closure.
60
Not enough information to estimate.
30
15
Checklist
Process Improvement Plan
Quality Management Plan
Quality Metrics
Product
Results
Services
Activities
A subset of most engineering and Information System discipline.
Application of Critical Path Method and PERT.
The Application of knowledge, skills, wisdom, and science, to organizational activities to achieve operational objectives.
The Application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
An ongoing endeavor undertaken to meet customer or market requirement
A set of sequential activities performed in a process or system.
A set of activities performed according to standardized standards to produce same product or service
A temporary endeavor undertaken to create unique product service or result
Crashing
Reverse Resource allocation
Fast tracking
Leveling
They are persons or organizations who are actively involved in the project.
They are persons or organizations whose interests may be positively or negatively affected by the performance or completion of the project.
They are persons or organizations that may exert influence over the project, its deliverables, and the project team members.
They are persons or organizations that are actively supportive of the project.
Project phases
Project Life Cycle
Project Management Process Group
Product Life Cycle
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