Regulation Correct Ans - A mandate, usually enforced by a government or public entity, that must be followed.
Apportioned Effort Correct Ans - An
... [Show More] activity where effort is allotted proportionately across certain discrete efforts and not divisible into discrete efforts. (Note: It is one of three earned value management [EVM] types of activities used to measure work performance)
Control Costs Correct Ans - The process of monitoring cost performance on the project, determining the cause and degree of any variances and recommending any necessary changes.
Expectancy Theory Correct Ans - This theory that hypothesizes an individual presumes to be rewarded for their work. They will remain motivated as long as the rewards meet their expectations and desires.
Estimate Costs Correct Ans - The process to estimate the approximate amount of money needed to complete each activity.
Resource Management Plan Correct Ans - A component of the project or program management plan that describes how the roles and responsibilities, reporting relationships, and staff management will be addressed and structured.
Activity Correct Ans - A distinct, scheduled portion of work performed during the course of a project.
Agile Approach Correct Ans - An iterative project life cycle approach wherein the deliverables are defined at the beginning of each iteration.
Project Scope Correct Ans - The work performed to deliver a product, service, or result with the specific features and functions.
Critical Path Activity Correct Ans - Any activity on the critical path in a project schedule.
Risk Mitigation Correct Ans - A risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk.
Project Expeditor Correct Ans - A staff assistant to a mid-level manager, has very little, if any, decision-making ability, and is primarily responsible for ensuring resources are available when needed.
Gantt Chart Correct Ans - A bar chart of schedule information where activities are listed on the vertical axis, dates are shown on the horizontal axis, and activity durations are shown as horizontal bars placed according to start and finish dates.
Monitor Risks Correct Ans - The process of monitoring and controlling existing risks, looking for new risks, verifying the effectiveness of both the risk response plans and the overall risk management effort.
A technique used to analyze a system as a whole to identify and end wasteful activities? Correct Ans - Value Steam Mapping
Manage Project Knowledge Correct Ans - The process of using existing knowledge and creating new knowledge to achieve project objectives and contribute to organization learning
Common Cause Correct Ans - A term used to identify a normal and predictable variation, in either a product or process.
Plan Stakeholder Engagement Correct Ans - The process to develop the stakeholder management plan.
Agile Release Planning Correct Ans - A technique which provides a high-level, summary timeline of the release schedule, based on the product roadmap and product vision.
Program Management Office Correct Ans - A management structure that standardizes the program related governance processes and facilitates the sharing of resources, methodologies, tools, and techniques.
Staffing Management Plan Correct Ans - A component of the human resource plan that described when and how team members will be acquired and how long they will be needed.
What defines a sprint objective and can be used to help improve a team's focus? Correct Ans - The sprint goal
Summary Activity Correct Ans - A group of related schedule activities aggregated and displayed as a single activity.
Claims Administration Correct Ans - A generic term for any process used to resolve disputes between the buyer and seller.
Corrective Action Correct Ans - An intentional activity that realigns the performance of the project work with the project management plan.
Project Float Correct Ans - The amount of time that a project can be delayed without overrunning a deadline imposed by the project sponsor, or a commitment made by the project manager.
Meetings Correct Ans - A gathering of a group of stakeholders to discuss, and/or decide the outcome, of issues, or to share, transmit or receive information.
Rolling Wave Planning Correct Ans - An iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level.
Project Management Information System (PMIS) Correct Ans - A collection of various systems used to manage the inputs and outputs of the project management processes.
Program Correct Ans - A group of related projects, subprograms, and program activities that are managed in a coordinated way to obtain benefits not available from managing them individually.
What does IRR stand for? Correct Ans - Internal Rate of Return
Manage Stakeholder Engagement Correct Ans - The process of ensuring stakeholders are properly involved throughout the lifecycle of the project, and managed according to the stakeholder management plan.
What are the 3 Scrum Roles? Correct Ans - Product Owner Scrum Master
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