PMTI Student Key Sheet Flashcards

Terms Definitions
PV
Planned Value
AC
Actual Cost
EV
Earned Value

EV = % complete * BAC
BAC
Budget At Completion

BAC = Total PV at completion
CV
Cost Varience

CV = EV - AC (>0 good)
SV
Schedule Varience

SV = EV - PV (>0 good)
CPI
Cost Performance Index

CPI = EV/AC (>1 good)
SPI
Schedule Performance Index

SPI = EV/PV (>1 good)
EAC
Estimate At Completion

EAC = AC / % complete

EAC = BAC/CPI

EAC = ETC + AC
ETC
Estimate To Completion

ETC = EAC - AC
VAC
Variance At Completion

VAC = BAC - EAC
1 sigma
68.26%
2 sigma
95.46%
3 sigma
99.73%
6 sigma
99.999%
PERT
PERT = (0+4M+P)/ 6
SD of Activity
SD = (P-0)/6
Variance of Activity
Variance of Activity = [SD]^2
Float
Float = LS - ES = LF - EF
PTA
PTA = ((Ceiling Price - Target Price)/Buyers Share Ratio) + Target Cost
EMV
EMV (Expected Monetary Value) = Impact * Probability
Communication Channels
(N (N -1))/2
FV
Future Value
PV
Present Value

PV = (FV)/((1+r)^n))

FV = Future Value
r = rate of interest
n = number of time periods
"Organization Strategic Plan" is in what process group?
Initiating
"Project SOW/Contract" is in what process group?
Initiating
"Assumptions" is in what process group?
Initiating
"Constraints" is in what process group?
Initiating
"PM Assigned" is in what process group?
Initiating
"Project Charter" is in what process group?
Initiating
"ROM Cost Estimate" is in what process group?
Initiating
"Broad Scope" is in what process group?
Initiating
"Major Deliverables" is in what process group?
Initiating
"Project Boundaries" is in what process group?
Initiating
"Acceptance Criteria" is in what process group?
Initiating
"Preliminary Scope Statement" is in what process group?
Initiating
"Project Scope Managment Plan" is in what process group?
Planning
"Detailed Scope Statement" is in what process group?
Planning
"WBS, WBS Dictionary" is in what process group?
Planning
"Activity Definition" is in what process group?
Planning
"Activity Sequencing" is in what process group?
Planning
"Activity Resource Requirements" is in what process group?
Planning
"Activity Duration Estimates" is in what process group?
Planning
"Network Diagram" is in what process group?
Planning
"Risk Identification" is in what process group?
Planning
"Qualitative and Quantitative risk analysis" is in what process group?
Planning
"Risk management planning" is in what process group?
Planning
"Risk Response Planning" is in what process group?
Planning
"Cost Estimates" is in what process group?
Planning
"Cost Budgeting" is in what process group?
Planning
"Schedule Development" is in what process group?
Planning
"HR Planning" is in what process group?
Planning
"Staffing Management Plan" is in what process group?
Planning
RBS
Risk Breakdown Structure
RAM
Responsibility Assignment Matrix
OBS
Organizational Breakdown Structure
"RAM, RBS, OBS" is in what process group?
Planning
"Change Control Plan" is in what process group?
Planning
"Quality Management Plan" is in what process group?
Planning
"Communication Plan" is in what process group?
Planning
"Procurement Management Plan" is in what process group?
Planning
"Process Improvement" is in what process group?
Planning
"Plan Contracting (RFPs)" is in what process group?
Planning
"Finalized Project Plan" is in what process group?
Planning
"Kick-off meeting" is in what process group?
Planning
What comes first in the Planning process group?
Project Scope Managment Plan
What comes after "Project Scope Management Plan"?
Detailed Scope Statement
What comes after "Detailed Scope Statement"?
WBS, WBS Dictionary
What comes after "WBS, WBS Dictionary"?
Activity Definition
What comes after "Activity Definition"?
Activity Sequencing
What comes after "Activity Sequencing"?
Activity Resource Requirements
What comes after "Activity Resource Requirements"?
Activity Duration Estimation
What comes after "Activity Duration Estimation"?
Network Diagram
What comes after "Network Diagram"?
Risk Identification
What comes after "Risk Identification"?
Qualitative and Quantitative Risk Analysis
What comes after "Qualitative and Quantitative Risk Analysis"?
Risk Management Planning
What comes after "Risk Management Planning"?
Risk Response Planning
What comes after "Risk Response Planning"?
Cost Estimates
What comes after "Cost Estimates"?
Cost Budgeting
What comes after "Cost Budgeting"?
Schedule Development
What comes after "Schedule Development"?
HR Planning
What comes after "HR Planning"?
Staffing Management Plan
What comes after "Staffing Management Plan"?
RAM, RBS, OBS
What comes after "RAM, RBS, OBS"?
Change Control Plan
What comes after "Change Control Plan"?
Quality Management Plan
What comes after "Quality Management Plan"?
Communication Plan
What comes after "Communication Plan"?
Procurement Management Plan
What comes after "Procurement Management Plan"?
Process Improvement
What comes after "Process Improvement"?
Plan Contracting (RFPs)
What comes after "Plan Contracting (RFPs)"?
Finalized Project Plan
What comes after "Finalized Project Plan"?
Kick-off meeting
What is the final step in the Planning process group?
Kick-off meeting
What comes before "Kick-off meeting"?
Finalized project plan
What comes before "Finalized project plan"?
Plan Contracting (RFPs)
What comes before "Plan Contracting (RFPs)"?
Process Improvement
What comes before "Process Improvement"?
Procurement Management Plan
What comes before "Procurement Management Plan"?
Communication Plan
What comes before "Communication Plan"?
Quality Management Plan
What comes before "Quality Management Plan"?
Change Control Plan
What comes before "Change Control Plan"?
RAM, RBS, OBS
What comes before "RAM, RBS, OBS"?
Staffing Management Plan
What comes before "Staffing Management Plan"?
HR Planning
What comes before "HR Planning"?
Schedule Development
What comes before "Schedule Development"?
Cost Budgeting
What comes before "Cost Budgeting"?
Cost Estimates
What comes before "Cost Estimates"?
Risk Response Planning
What comes before "Risk Response Planning"?
Risk Management Planning
What comes before "Risk Management Planning"?
Qualitative and Quantitative Risk Analysis
What comes before "Qualitative and Quantitative Risk Analysis"?
Risk Identification
What comes before "Risk Identification"?
Network Diagram
What comes before "Network Diagram"?
Activity Duration Estimates
What comes before "Activity Duration Estimates"?
Activity Resource Requirements
What comes before "Activity Resource Requirements"?
Activity Sequencing
What comes before "Activity Sequencing"?
Activity Definition
What comes before "Activity Definition"?
WBS, WBS Dictionary
What comes before "WBS, WBS Dictionary"?
Detailed Scope Statement
What comes before "Detailed Scope Statement"?
Project Scope Management Plan
"Project Performance Report" is in what process group?
Monitoring and Controlling
"Performance Evals" is in what process group?
Monitoring and Controlling
"Change Control: scope, schedule, cost, quality, risk monitoring, contract administration" is part of what process group?
Monitoring and Controlling
"Scope Verification" is part of what process group?
Monitoring and Controlling
"Manage Team and Stakeholders" is part of what process group?
Monitoring and Controlling
"Contract Closure" is part of what process group?
Closing
"Close Project" is part of what process group?
Closing
/ 124
Term:
Definition:
Definition:

Leave a Comment ({[ getComments().length ]})

Comments ({[ getComments().length ]})

{[comment.username]}

{[ comment.comment ]}

View All {[ getComments().length ]} Comments
Ask a homework question - tutors are online