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[BUS 361] Add flashcard questions
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bus-361/bus-361.pdf

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bus-361/bus-361.tex

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\input{./tex/human-resources.tex}
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\input{./tex/controlling.tex}
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\input{./tex/closeout.tex}
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\input{./tex/flashcard-questions.tex}
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\end{document}
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% BUS 361: Project Management - A Course Overview
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% Section: Flashcard Questions
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%
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% Author: Jeffrey Leung
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%
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\section{Flashcard Questions}
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\label{sec:flashcard-questions}
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\begin{easylist}
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& What does PMBOK stand for?
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&& Project Management Body of Knowledge
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& What are the 10 PMBOK knowledge areas?
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&& Scope, time, cost, quality, human resources, communications, risk, procurement, stakeholder, integration
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& What is the difference between projects and operations?
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&& Project: Unique, temporary, uncertain
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&& Operation: Repeated, ongoing, with known performance
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& What is the greatest threat to project success?
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&& Communication failure
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& What is a project?
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&& Temporary venture to create a unique result
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& What are the 5 process groups in the project life cycle?
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&& Initialization, planning, execution, monitoring/controlling, closing
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& What is a stakeholder?
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&& An entity which affects or is affected by the project
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& Quality of results is a balance of:
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&& Scope, cost, schedule
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& What is the difference between duration and effort?
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&& Duration: The length of time spent on an activity including breaks and other activities
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&& Effort: The length of time spent on an activity not including breaks and other activities
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& What three values does Three Point Estimation average?
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&& Most likely, pessimistic, and optimistic estimates
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& What is the difference between free float and total float?
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&& Free float: The amount of time an activity can be delayed without affecting future activities
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&& Total float: The amount of time an activity can be delayed without affecting project completion date
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& What are the steps of risk management?
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&& Identification, analysis, response, monitoring
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& What are common responses to risk?
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&& Avoidance, mitigation, transfer, acceptance
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& What does RACI stand for?
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&& Responsible, Accountable, Consulted, Informed
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& What characteristics does Earned Value analyze?
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&& Technical, schedule, cost
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& What is the equation for Earned Value (EV)?
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&& $EV = \textrm{Cost at completion} \times \textrm{Percentage completed}$
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& What is the equation for Cost Variance (CV)?
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&& $CV = EV - AC$ (actual cost so far)
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& What is the equation for Cost Performance Index (CPI)?
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&& $CPI = \frac{EV}{AC}$ (actual cost so far)
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& What is the equation for Schedule Performance Index (SPI)?
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&& $SPI = \frac{EV}{PV}$
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& What are Tuckman's 5 Team Development Stages?
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&& Forming, Storming, Norming, Performing, Adjourning
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& Of task, process, and relationship conflict, which are the most likely to be functional conflict?
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&& Task or process
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& What is the best way to capture lessons learned?
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&& Documenting lessons as they occur
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\end{easylist}
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\clearpage

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