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Quizess for Chapters 13,14,15
Loomis Quizess
53
Engineering
Undergraduate 3
05/09/2011

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Term
work group
Definition
is the smallest formal organizational personnel arrangement
Term
THe IMP should contain
Definition
Solid events that happen at least every few months
Complete set of accomplishments for each event
Criteria for each accomplishment
Plus more
Term
Minimum, sometimes multiple
Definition
the critical path is the BLANK time required to perform the program tasks and there are BLANK Critical path(s) for a program at any time
Term
profit,
general and accounting,
management reserve
Definition
allocated contract budgets are the result of taking the negotiated contract price and subtracting what items?
Term
decentralization
Definition
is the process of distribution authority throughout the organization
Term
cost management
schedule management
requirements management
risk management
Definition
core elements of managing a program
Term
program overview
planning data
management methods
IMP & IMS
Definition
basic program plan contents include
Term
measurable
meaningful to track
planned and tracked vs time
Definition
TPMs should be
Term
at program pcr
Definition
when is program plan finalized into the baseline program plan
Term
assessment
prioritization
probability analysis
Definition
risk management planning tasks include
Term
criteria
events
accomplishements
Definition
true IMP level definitions are
Term
control account
cost account
responsibility of the CAM
Definition
the intersection of the WBS and OBS is
Term
contains all program work
Definition
A WBS
Term
contract SOW
RFP technical specifications
terms and conditions
prior technical work
Definition
program requirements include the
Term
establish program requirements
develop top level program plan
develop detailed cost & schedule plans
management methods
perform risk management planning
Definition
the program planning process steps in order from contract award to completed program plan are
Term
corrective action may be necessary
Definition
when statistical sampling indicates a deviation from specifications
Term
preliminary, concurrent, and feedback
Definition
the technique managers use to control production and operations can be classified under three main types of controls which are
Term
organizing, controlling
Definition
defining jobs is part of the BLANK function; staffing them is part of the controlling function
Term
payback method
Definition
using one of the various methods of capital control, it was determined that we could recoup our investment in new information technology in 3.45 years. this method is termed
Term
discounted rate of return
Definition
a measure of profitability that takes into account the time value of money is the
Term
current ratio
Definition
the ratio of current assets to current liabilities is the
Term
income statement
Definition
a financial document indicating a net loss of million during a particular fiscal year would be an
Term
debt/equity ratio
Definition
a measure of the amount of assets financed by debt compared to the amount financed retained by the firm and investments is the
Term
common cause
Definition
variation is the random in a system an typically cannot be completely eliminated
Term
six sigma
Definition
motorlas famous blank quality program is named for a statistical term and expresses its company wide goal of minimal defects in the products they produce
Term
specification
Definition
fully describes the preferred condition which may take the form of a goal, standard, or other carefully determined quantitative statement of conditions
Term
operational
Definition
a definition that converts a concept into measurable, objective units, is referred to as blank definition
Term
investment
Definition
decisions are managerial decisions that involve the commitment of present funds in exchange for future funds.
Term
communication
Definition
which managerial skill is critical for a manager to provide effective direction
Term
accounts receivable turnover
Definition
the ratio of credit sales to average accounts receivable is termed
Term
median
Definition
is a descriptive statistic that denotes the point at which percent of the points lie above and 50 percent lie below
Term
EVMS, Critical Path
EVMS, Network
Definition
actual cost performance is an input to the BLANK process while start/completion dates are an input to the BLANK analyses
Term
interval program status reviews
quality reviews
Definition
typical interval program reviews include
Term
focuses management review of status
guide selection of corrective actions
continuously rank risk issues
Definition
program priorities
Term
1. check milestones projections
2. review IMP status
3. Status IMS
4. Analyze critical path
1,2,4,3
4,2,1,3
Definition
Priorities for reviewing schedule data
Term
implementation of risk control plan
modification of risk controls
Definition
risk management controls include
Term
performance and risk
schedule and cost
Definition
the intergrated management approach requires simultaneous reviewing information on what types of information
Term
EVMS
Definition
the cost reporting data is summarized in the BLANK data
Term
reviewing IMP and IMS
projecting milestones
critical path analysis
Schedule reserve management
Definition
managing the schedule requires
Term
CAM, budget,schedule,CAM
Definition
the intersection of WBS and the OBS defines the tasks and responsibilities of the BLANK, and allows the assignement of BLANK and BLANK for the tasks performed by the BLANK
Term
risk avoidance actions
Definition
reduce the probability of occurence
Term
back up plans if risk avoidance and control methods are inadequate
Definition
risk contingency plans are
Term
value of scheduled work completed divided by the actual cost of the work performed
BCWP/ACWP
Definition
the cpi is
Term
communication
Definition
the exchange between a sender and a receiver is referred to as
Term
encoding
Definition
should be done with the receiver's background in mind for communications to take place
Term
face to face communication
Definition
which of the following is considered the richest medium of communication
Term
encoding
Definition
when you convert a message into symbols representing ideas or concepts, you are said to be blank the message
Term
feedback
Definition
during BLANK, the receiver becomes the source of a message that is directed back to the original source
Term
drive out fear
Definition
to increase the likelihood of receiving accurate information from your subordinates, you should
Term
noise
Definition
complex language and the use of confusing or misleading term introduces BLANK into the communication process
Term
empathetic listening
Definition
Listening with the intent to understand is termed
Term
grapevine
Definition
which of the following is an informal communication channel
Term
communication audit
Definition
the BLANK is a systematic method for collecting and evaluating information about an organization's communication efforts
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