Which input to the Plan Risk Management process provides information on high-level risks?
Answer(s): A
4.1.3.1 Project CharterThe project charter is the document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. It documents the business needs, assumptions, constraints, the understanding of the customer’s needs and high-level requirements, and the new product, service, or result that it is intended to satisfy, such as:Project purpose or justification,Measurable project objectives and related success criteria, High-level requirements,Assumptions and constraints,High-level project description and boundaries,High-level risks,Summary milestone schedule, Summary budget, Stakeholder list,Project approval requirements (i.e., what constitutes project success, who decides the project is successful, and who signs off on the project),Assigned project manager, responsibility, and authority level, andName and authority of the sponsor or other person(s) authorizing the project charter.Process: 11.1 Plan Risk ManagementDefinition: The process of defining how to conduct risk management activities for a project.Key Benefit: The key benefit of this process is it ensures that the degree, type, and visibility of risk management are commensurate with both the risks and the importance of the project to the organization. The risk management plan is vital to communicate with and obtain agreement and support from all stakeholders to ensure the risk management process is supported and performed effectively over the project life cycle.Inputs1. Project management plan2. Project charter 3. Stakeholder register4. Enterprise environmental factors5. Organizational process assetsTools & Techniques1. Analytical techniques2. Expert judgment3. MeetingsOutputs1. Risk management plan
Which input may influence quality assurance work and should be monitored within the context of a system for configuration management?
Answer(s): B
Configuration control is focused on the specification of both the deliverables and the processes; while change control is focused on identifying, documenting, and approving or rejecting changes to the project documents, deliverables, or baselines.Some of the configuration management activities included in the Perform Integrated Change Control process are as follows:Configuration identification. Identification and selection of a configuration item to provide the basis for which the product configuration is defined and verified, products and documents are labeled, changes are managed, and accountability is maintained.Configuration status accounting. Information is recorded and reported as to when appropriate data about the configuration item should be provided. This information includes a listing of approved configuration identification, status of proposed changes to the configuration, and the implementation status of approved changes.Configuration verification and audit. Configuration verification and configuration audits ensure the composition of a project’s configuration items is correct and that corresponding changes are registered, assessed, approved, tracked, and correctly implemented. This ensures the functional requirements defined in the configuration documentation have been met.
Change requests are processed for review and disposition according to which process?
Answer(s): D
Process: 4.5 Perform Integrated Change ControlPerform Integrated Change Control is the process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating their disposition. It reviews all requests for changes or modifications to project documents, deliverables, baselines, or the project management plan and approves or rejects the changes.Key Benefit: The key benefit of this process is that it allows for documented changes within the project to be considered in an integrated fashion while reducing project risk, which often arises from changes made without consideration to the overall project objectives or plans.Inputs1. Project management plan2. Work performance reports3. Change requests4. Enterprise environmental factors5. Organizational process assetsTools & Techniques1. Expert judgment2. Meetings3. Change control toolsOutputs1. Approved change requests2. Change log3. Project management plan updates4. Project documents updates
The review of a sellers progress toward achieving the goals of scope and quality within cost and schedule compared to the contract is known as:
Process: 12.3 Control ProcurementsDefinition: The process of managing procurement relationships, monitoring contract performance, and making changes and corrections as appropriate.Key Benefit: The key benefit of this process is that it ensures that both the seller’s and buyer’s performance meets procurement requirements according to the terms of the legal agreement.Inputs1. Project management plan2. Procurement documents3. Agreements4. Approved change requests5. Work performance reports 6. Work performance dataTools & Techniques1. Contract change control system2. Procurement performance reviews3. Inspections and audits4. Performance reporting5. Payment systems6. Claims administration7. Records management systemOutputs1. Work performance information2. Change requests3. Project management plan updates4. Project documents updates5. Organizational process assets updates
The iterative and interactive nature of the Process Groups creates the need for the processes in which Knowledge Area?
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