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Concept Phase of a project - CORRECT ANSWER: Project is defined including the
need. Key output is the business case. A preferred option is identified and feasibility
reviewed.
Definition Phase of a project - CORRECT ANSWER: Evaluates preferred option further
and considers how best the solution can be delivered. Key output is the PMP.
Development Phase of a project - CORRECT ANSWER: Follows the agreed PMP, and
the primary deliverables are created. This phase has the highest level of resource. Key
output is the project deliverables.
Handover and Closure Phase of a project - CORRECT ANSWER: The primary
deliverables are completed and brought into use after being accepted by the
sponsor/users into BAU. This stage would include the Post implementation review to
evaluate how the project was managed. The key output is a fully functioning and
operation product that has been accepted by users.
How do you calculate Cost Performance Index (CPI)? - CORRECT ANSWER: CPI =
Earned Value / Actual Costs
How do you calculate Cost Variance (CV)? - CORRECT ANSWER: CV= Earned Value -
Actual Costs
How do you calculate Earned Value (EV)? - CORRECT ANSWER: EV= %complete x
Budget at completion
,How do you calculate Estimate at completion - cost (EACc)? - CORRECT ANSWER:
EACc= Budget at Completion/Cost Performance Index
How do you calculate Estimate at completion - time (EACt)? - CORRECT ANSWER:
EACt= Planned Duration/Schedule Performance Index
How do you calculate Schedule Performance Index (SPI)? - CORRECT ANSWER: SPI
= Earned Value / Planned Costs
How do you calculate Schedule Variance (SV)? - CORRECT ANSWER: SV= Earned
Value - Planned Costs
Name 2 types of requirement - CORRECT ANSWER: - Functional
- Non-functional
Name 2 types of resource - CORRECT ANSWER: - Consumable
- Re-usable
Name 3 motivation theories - CORRECT ANSWER: - Maslow's Hierarchy of needs
- Herzberg's theory of motivation
- Vroom's expectancy theory
Name 4 types of project related costs - CORRECT ANSWER: - Committed
- Accruals
- Actual Costs
- Forecast out-turn costs
Project Vs BAU - CORRECT ANSWER: - Defined time scale with defined end date Vs
Iterative in Nature
,- Transient Team Vs Dedicated constant team
- Complex inter-relationships Vs Defined relationships
- High degree of uncertainty Vs Higher degree of certainty
- Specific Aims and Objectives Vs General Objectives
Team Dynamics model - Name the steps within Tuckman's stages of development of a
team model - CORRECT ANSWER: - Forming
- Storming
- Norming
- Performing
- Adjourning
What are 2 types of breakdown structure? - CORRECT ANSWER: Work Breakdown
Structure (WBS)
Product Breakdown Structure (PBS)
What are 3 types of estimating tool? - CORRECT ANSWER: - Comparative
- Bottoms Up
- Parametric
What are 3 types of investment appraisal? - CORRECT ANSWER: Net present value
(NPV)
Payback
Internal Rate of Return (IRR)
What are 3 types of Organisation structure? - CORRECT ANSWER: - Functional
- Matrix (Balanced, Weak, Strong)
- Project
, What are 5 types of report? - CORRECT ANSWER: Progress
Quality
Risk
Finance
Audit
What are aspects of the Responsibility Assignment Matrix? - CORRECT ANSWER: R -
Responsible
A - Accountable
C - Consulted
I - Informed
What are common sources of conflict within a project? - CORRECT ANSWER: -
Schedule
- Priorities
- Resources
- Technical Options
- Admin Processes
- Finance
- Personalities
What are potential barriers to communication? - CORRECT ANSWER: - Language
- Perception/Attitude/Prejudice
- Dislike
- Lack of Credibility
- Defensiveness
- Lack of Clarity