Show Me the Money
The process that produces the Cost Management Plan
Plan Cost Management
The input for the process Perform Integrated Change Control
Change requests
The process where a document gets created after you have collected requirements from the key stakeholders. This one page document gives a high level summary of all the requirements in a paragraph format
Define Scope
On a project with 13 people, you have this many communication channels.
78
The term for breaking things down into more manageable pieces
Decomposition
When estimating for costs, there are a few categories that you need to consider to get an accurate estimate. Name one
Materials, supplies
Human Resources
Equipment Facilities
The most common input, being used in 47 out of the 49 procesess
Project Management Plan
Dependencies and Logical Relationships are key to perform this process in the Knowledge Area of Schedule
Sequence Activities
You are using this communication method if you post a report to a website that for your team members to log in and read
Pull Communication
Knowledge that is hard to capture since it is based on people's experience, beliefs, opinions, and abilities
Tacit Knowledge
A technique to estimate cost or time that takes the average of three factors into consideration
Three point estimating
Business documents get created to determine if there is a need for a project. This happens before the project gets started. Business documents are input to this process
Develop Project Charter
The process that produces the scope baseline (the scope baseline is made up of three documents)
Create WBS
Looking at the desired levels of engagement of each stakeholder you have categories such as unaware, neutral, leading resistant and this other category
supportive
The waiting period between activities
Lag
Cost estimates get estimated at this level
Activity level
You are at the point where a lot of project is being executed and the project sponsor expects to receive a narrow estimate for the entire cost of the project. Give them this type of estimate
Definitive
Most of the project's time, cost and resources are consumed during this process group
Execution
There are this many categories in the theory that states that lower level needs need to be met before a person can be motivated by higher needs
Five: Self-actualization, Esteem, Acceptance, Security, Physiological
A tool that creates estimates by using the actual duration information from a similar project previously performed
Analogous estimating
A type of estimate that you can give if you are in the planning phase now that you have more information then when you were in the initiating phase. (+30% to -20%)
Preliminary
Woo hoo, almost to the finish line as we are going into close project or phase. Bring this input on in though or there will be no celebrating.
Accepted Deliverables
The inspection has been performed by your team on the deliverable and the only thing left before closing is for the sponsor to accept the deliverables. You must be in this process
Validate Scope
The document created that outlines all the team members agreed expectations
Team Charter
Your falling behind on your schedule. You decide to use this schedule compression technique which adds resources to shorten the time it will take you to do an activity. It will also increase cost though
Crashing