Project Management/Business
Analysis 1.0
Analysis 1.0
A hierarchical decomposition of the total project scope into smaller, more manageable parts.
What is the Work Breakdown Structure (WBS)?
Requirements that define what a system should do.
What are Functional Requirements?
Criteria associated with requirements, products, or the delivery cycle that must be met in order to achieve stakeholder acceptance
What is Acceptance Criteria?
This is the final phase of a project where the project is formally completed, deliverables are handed over, performance is reviewed, and lessons learned are documented.
What is Project Closure?
The practice of making a business process more efficient or effective by removing unnecessary steps.
What is Process Optimization?
A significant point or event in a project.
What is a milestone?
Requirements that define system qualities, such as performance, usability, and security.
What are Non-Functional Requirements?
A technique to visually represent how a system works by breaking it down into processes or steps.
What is Process Mapping?
This is the approved version of the project's budget, which includes all planned costs and is used to measure and control project performance
What is a Cost Baseline?
A methodology for improving processes by reducing defects and variations.
What is Six Sigma?
Although the Triple Constraint consists of Scope, Cost and Time, what other vital element is typically overlooked, but should be considered at all times?
What is Quality?
A description of the observable interaction between an actor (or actors) and a solution that occurs when the actor uses the system to accomplish a specific goal
What is Use Case?
A method for prioritizing requirements based on value, risk, and cost.
What is MoSCoW Prioritization?
The mapping of stakeholders based on their influence and interest in a project.
What is a Power/Interest Grid?
This type of chart gives a clear illustration of project status, but one problem with them is that they don't indicate task dependencies - you cannot tell how one task falling behind schedule affects other tasks. Name this chart and name the chart that does clearly illustrates task dependencies.
What is a Gantt Chart and what is a PERT Chart?
The uncontrolled expansion to project scope without adjustments of time, cost and resources.
What is Scope Creep?
High-level, general requirements that are typically broad in scope.
What are Business Requirements?
Management of the complexity and reduction of the uncertainty by breaking down processes, systems, functional areas, or deliverables into their simpler constituent parts and allowing each part to be analyzed independently (Technique)
What is Functional Decomposition?
This is the process of formalizing acceptance of the completed project deliverables by customer or sponsor.
What is scope validation?
A continuous approach to improving processes through iterative cycles.
What is Lean?
This is a method for shortening the project duration by reducing the time of one (or more) of the critical project activities to less than its normal activity time.
What is Project Crashing?
Detailed requirements written from the user’s perspective, describing how a system should behave.
What are User Stories?
The ability to track the relationships between sets of requirements and designs from the original stakeholder need to the actual implemented solution
What is Requirements Traceability?
This is the amount of time that a project activity can be delayed without affecting the overall project completion date. .
What is float/slack in a project schedule?
This is a simulation technique used to understand the impact of uncertainty by running multiple simulations to predict a range of possible project outcomes based on risk factors
What is Monte Carlo analysis in risk management?