Project Management & Execution Flashcards

In a three-point estimate using PERT, with optimistic 6, most likely 9, and pessimistic 18 days, what is the expected duration?

Answer: 10 days

PERT = (O + 4M + P)/6 = (6 + 36 + 18)/6 = 10 days.

What is the critical path?

Answer: The longest path through the network, determining minimum project duration

The critical path is the longest sequence of dependent activities and has zero or least float.

Which Agile ceremony is held at the end of a sprint to inspect the increment with stakeholders?

Answer: Sprint review

The sprint review lets stakeholders inspect the increment and give feedback.

A formal change request has been approved. What should the project manager do next?

Answer: Update baselines and plans and communicate the change

Approved changes are implemented, with affected plans and baselines updated and stakeholders informed.

Which communication method is best for sensitive or complex issues needing immediate clarification?

Answer: Interactive, face-to-face or live conversation

Interactive communication enables real-time feedback and reduces misunderstanding.

Contingency reserves are intended to cover:

Answer: Identified risks (known-unknowns)

Contingency reserves address identified risks; management reserves address unknown-unknowns.

Which tool visually displays project activities against a calendar timeline?

Answer: Gantt chart

A Gantt chart shows activity start, finish, and duration as bars over time.