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