The three step process
Establish clear objectives
Measure Achievement
Adjust performance if needed
What is MBO
100
Features and functions designed into product or service
What is product scope
100
Amount of wasting time between tasks
What is lag
100
A revised estimate of total project cost
What is EAC
100
JIT attempts to reduce work-in-progress inventory to
What is zero stock
200
These three are the main objectives of what?
Identify a meathod for requesting changes to established baselines
Improve the project by considering the impact of a change
Communicate changes to stakeholders
What is integrated change control
200
Management activities performed by the team
What is project scope
200
The amount of time a task can be delayed without delaying a project
What is slack or float
200
Costs already expended and no longer under your control
What are sunk costs
200
Keeping errors out of the process
What is prevention
300
A review of historical data points over a period of time. Mathmatical models are sometimes used.
What is trend analysis
300
The primary tool for scope verification
What is inspection
300
[p-o]/6
What is formula for PERT standard deviation
300
Adding resources to activities on the critical path to shorten the schedule
What is crashing a project
300
Keeping errors out of the hands of the consumer
What is inspection
400
Any restriction or restraint that limits the project team's options or otherwise affects project outcomes.
What is a constraint
400
Contains a detailed descripton of each work package
What is a WBS dictionary
400
A task with 0 duration used to show logical relationships
What is a dummy activity
400
A time phased budget used to measure and monitor cost performance on a project
What is the cost baseline
400
A japanese concept meaning incremental continuous improvement
What is kaizen
500
This organizational structure has the most complex informational and communication flows
What is a matrix
500
Scope, schedule and cost
What are the triple contrains of project management