Project Planning and Management Flashcards
7 cards from real CRE practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Project Planning and Management flashcards as text
A reliability project is using agile iterations. What is the primary output of each sprint review meeting?
Answer: Demonstrated working product increment and backlog updates
The sprint review demonstrates the completed product increment to stakeholders and uses their feedback to update and reprioritize the product backlog.
Which project management knowledge area ensures that project information is collected, stored, and distributed effectively to stakeholders?
Answer: Project communications management
Project communications management plans, manages, and monitors the timely and appropriate flow of information among all project stakeholders.
A CRE project team applies the '80/20 rule' during project planning. In this context, what does it imply?
Answer: 80% of defects come from 20% of failure modes
The Pareto principle (80/20 rule) states that roughly 80% of problems stem from 20% of causes, directing focus to high-impact failure modes.
Which scheduling method accounts for resource constraints and uncertainty by adding 'buffers' rather than padding individual task estimates?
Answer: Critical chain project management (CCPM)
CCPM places project and feeding buffers at strategic points to protect the overall schedule rather than allowing each task owner to pad their own estimate.
When developing a reliability improvement project plan, which document formally records all identified stakeholders and their interests, involvement, and impact on project success?
Answer: Stakeholder register
The stakeholder register identifies and categorizes all stakeholders along with their interests, expectations, influence, and engagement classification.
A reliability project uses a burn-down chart. What does a curve that remains above the ideal line indicate?
Answer: The team is behind schedule with more work remaining than expected
When the actual remaining work line stays above the ideal burn-down line, the team is not completing tasks at the planned rate and risks missing the sprint or release target.
In project procurement management, what is the purpose of a 'make-or-buy analysis'?
Answer: Determine which project deliverables should be outsourced vs. produced internally
A make-or-buy analysis evaluates whether it is more cost-effective and strategically sound to produce goods or services in-house or procure them from external suppliers.