PMP

Card Set Information

Author:
Nocona28782
ID:
2352
Filename:
PMP
Updated:
2009-12-06 22:18:40
Tags:
PMP TM
Folders:

Description:
PMP
Show Answers:

Home > Flashcards > Print Preview

The flashcards below were created by user Nocona28782 on FreezingBlue Flashcards. What would you like to do?


  1. What is the formula to calculate variance?
    Standard Deviation Squared SD2
  2. What is the formula used to calculate Activity Variance
    [(P-O)/6]2

    • P = Pessimistic
    • O = Optomistic
  3. Quality should be checked before an activity or work package is completed.
    TRUE
  4. Project definition
    - temporary endeavor with a beginning and an end

    - creates a unique product, service, or result
  5. Process Groups
    • - Initiating
    • - Planning
    • - Executing
    • - Monitoring and Controlling
    • - Closing
  6. Knowledge Areas
    • - PM Framework
    • - PM Processes
    • - Integration
    • - Scope
    • - Time
    • - Cost
    • - Quality
    • - Human Resources
    • - Communications
    • - Risk
    • - Proceurement Management
  7. Functional Organization Form - Advantages and Disadvantages
    • Advantages:
    • - Easier management of specialists
    • - Team members report to only one supervisor
    • - Similiar resources are centralized, as the company is grouped by specialists
    • - Clearly defined career paths in areas of work specialization

    • Disadvantages
    • - People place more emphasis on their functional speciality to the detriment of the project
    • - No career path in project management
    • - The project manager has little or no authority
  8. Projectized Organizational Form - Advantages and Disadvantages
    • Advantages:
    • - Efficient proejct organization
    • - Loyalty to the project
    • - More effective communications than functional

    • Disadvantages
    • - No 'home' when project is completed
    • - Lack of professionalism in disciplines
    • - Duplication of facilities and job functions
    • - Less efficient use of resources
  9. Matrix Organizational Form - Advantages and Disadvantages
    • Advantages
    • - Highly visible project objectives
    • - Improved project manager control over resources
    • - More support from functional areas
    • - Maximum utilization of scarce resources
    • - Better coordination
    • - Better horizontal and vertical dissemination of information
    • - Team members maintain a 'home'

    • Disadvantages:
    • - Extra administration is required
    • - More than one boss for project teams
    • - More complex to monitor and control
    • - Tougher problems with resource allocation
    • - Need extensive policies and procedures
    • - Functional managers may have different priorities than project managers
    • - Higher potential for conflict

What would you like to do?

Home > Flashcards > Print Preview