Podcast
Questions and Answers
Match the planning concepts with their descriptions:
Match the planning concepts with their descriptions:
Estimate = A quantitative assessment of the likely amount or outcome of a variable Accuracy = An assessment of correctness within the quality management system Precision = An assessment of exactness within the quality management system Crashing = A method used to shorten the schedule duration by adding resources
Match the attributes of the Planning Performance Domain with their outcomes:
Match the attributes of the Planning Performance Domain with their outcomes:
Organized project progress = The project progresses in a coordinated and deliberate manner Holistic approach = There is a holistic approach to delivering project outcomes Sufficient planning information = Planning information is sufficient to manage stakeholder expectations Adaptive planning process = There is a process for adaptation of plans based on changing needs
Match the key terms with their definitions:
Match the key terms with their definitions:
Budget = The approved estimate for the project or any WBS component Schedule compression = Activities or phases normally done in sequence performed in parallel Activities = Functions associated with the ongoing organization for project deliverables Deliverables = Specific outcomes the project was undertaken to achieve
Match the planning principles with their relevance:
Match the planning principles with their relevance:
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Match the planning activities with their goals:
Match the planning activities with their goals:
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Match the performance indicators with their meanings:
Match the performance indicators with their meanings:
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Match the process methods with their attributes:
Match the process methods with their attributes:
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Match the planning challenges with their solutions:
Match the planning challenges with their solutions:
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Match the following project planning considerations with their descriptions:
Match the following project planning considerations with their descriptions:
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Match the following planning approaches with their characteristics:
Match the following planning approaches with their characteristics:
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Match the following terms with their relevance in project management:
Match the following terms with their relevance in project management:
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Match the planning variables with their examples:
Match the planning variables with their examples:
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Match the aspects of sustainability with their considerations:
Match the aspects of sustainability with their considerations:
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Match the following types of planning timing with their features:
Match the following types of planning timing with their features:
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Match the following project planning tools with their uses:
Match the following project planning tools with their uses:
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Match the following descriptions with their related planning concepts:
Match the following descriptions with their related planning concepts:
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Match the types of dependencies with their descriptions:
Match the types of dependencies with their descriptions:
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Match the scheduling approaches with their features:
Match the scheduling approaches with their features:
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Match the activities mentioned with their order of execution:
Match the activities mentioned with their order of execution:
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Match the elements of adaptive planning with their characteristics:
Match the elements of adaptive planning with their characteristics:
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Match the planning approaches with their characteristics:
Match the planning approaches with their characteristics:
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Match the aspects of estimating with their definitions:
Match the aspects of estimating with their definitions:
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Match the types of scope with their descriptions:
Match the types of scope with their descriptions:
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Match the project planning concepts with their focuses:
Match the project planning concepts with their focuses:
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Match the terms related to project planning with their meanings:
Match the terms related to project planning with their meanings:
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Match the conditions affecting estimation with their influence:
Match the conditions affecting estimation with their influence:
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Match the types of planning approaches with their focus on details:
Match the types of planning approaches with their focus on details:
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Match the project attributes with their implications:
Match the project attributes with their implications:
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Match the following elements of the product development process with their roles:
Match the following elements of the product development process with their roles:
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Match the following user stories with their respective features:
Match the following user stories with their respective features:
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Match the following tasks with their estimated hours:
Match the following tasks with their estimated hours:
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Match the release iterations with their corresponding releases:
Match the release iterations with their corresponding releases:
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Match the following terms with their descriptions in adaptive approaches:
Match the following terms with their descriptions in adaptive approaches:
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Match the following project budgeting elements with their functions:
Match the following project budgeting elements with their functions:
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Match the following iterations with their corresponding user stories:
Match the following iterations with their corresponding user stories:
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Match the following project management strategies with their characteristics:
Match the following project management strategies with their characteristics:
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Match the following project management concepts with their descriptions:
Match the following project management concepts with their descriptions:
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Match the following terms related to project performance with their meanings:
Match the following terms related to project performance with their meanings:
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Match the following aspects of project management with their focus:
Match the following aspects of project management with their focus:
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Match the following elements of planning with their roles in project management:
Match the following elements of planning with their roles in project management:
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Match the following project outcomes with their associated checks:
Match the following project outcomes with their associated checks:
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Match the following project attributes with their definitions:
Match the following project attributes with their definitions:
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Match the following project interactions with their relevance:
Match the following project interactions with their relevance:
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Match the following project evaluation aspects with their descriptions:
Match the following project evaluation aspects with their descriptions:
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Study Notes
Planning Performance Domain
- Planning organizes, elaborates, and coordinates project work throughout the project.
- Effective execution results in organized, coordinated, and deliberate project progress.
- A holistic approach to delivering project outcomes is crucial.
- Evolving information should be incorporated to produce desired project deliverables and outcomes.
- Time spent planning should be appropriate to the situation.
- Planning information must be sufficient to manage stakeholder expectations.
- There needs to be a process for adapting plans throughout the project based on changing needs or conditions.
Definitions Relevant to Planning
- Estimate: A quantitative assessment of likely outcomes (e.g., costs, resources, effort).
- Accuracy: Correctness of an estimate (within the quality management system).
- Precision: Exactness of an estimate (within the quality management system).
- Crashing: A schedule compression technique that reduces duration by adding resources.
- Fast Tracking: A schedule compression technique where sequential tasks are performed in parallel.
- Budget: Approved estimate for the project or any work breakdown structure (WBS) component.
Planning Overview
- Planning's purpose is to proactively create an approach for project deliverables.
- High-level planning can begin before project authorization (e.g., with vision statement, project charter, business case).
Planning Variables
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Development approach influences how, how much, and when planning is done.
- Specific phase dedicated to planning, with incremental elaboration.
- High-level planning upfront, followed by design and detailed planning.
- Adaptive approaches using iterations and release plans.
Project Deliverables
- Planning may need to be tailored to specific project types (construction, high-technology, etc.).
- Planning may be influenced by organizational requirements (policies, procedures, culture).
- Market conditions may require rapid planning for competitive advantage.
- Legal/regulatory restrictions necessitate specific documents and approvals before proceeding.
Estimating
- Planning involves developing estimates for work effort, duration, costs, resources.
- Range: Estimates have a wide range initially, narrowing as project progresses (e.g.,-25 to +75% vs -5 to +10%).
- Accuracy: Refers to the correctness of an estimate.
- Precision: Refers to the level of exactness of an estimate.
- Confidence: Estimate accuracy increases with project experience.
- Deterministic Estimates: Present a single numerical value.
- Probabilistic Estimates: Provide a range of values with associated probabilities.
- Techniques like flow-based estimating and planning poker are used for relative estimating.
Schedules
- Schedules model project activities, including durations, dependencies, and allocated resources.
- Predictive approaches: decompose the project into activities, sequence activities, estimate effort, allocate resources.
- Adaptive approaches: Use incremental planning, iterations, and release plans.
Schedule Compression
- Methods employed when initial schedule cannot be met (e.g., crashing, fast tracking).
- Crashing: Shortens duration by adding resources (people, equipment, etc.).
- Fast tracking: Performs sequential activities in parallel.
- Dependencies: Important to recognize when compressing a schedule (mandatory, discretionary, external, internal).
Budget
- Derived from agreed estimates, including project cost estimates, baseline, and contingency reserves.
- Contingency reserves are used to manage unexpected costs.
- Managements reserves are for activities beyond scope.
Project Team Composition and Structure
- Planning considers required skill sets and experience for the team.
- Evaluation of internal vs external team members.
Communication
- Communication planning is linked to stakeholder management.
- Consider who needs information, what information is needed, why sharing is needed.
- Use effective and appropriate communication channels.
Physical Resources
- Planning considers non-human resources.
- Includes materials, equipment, software.
- Procurement processes are also important for physical resources.
Changes
- Frequent changes are expected and processes for incorporating changes should be planned.
- Adapting to changes is a critical project management skill.
Metrics
- Measuring work performance and progress.
- Establishing thresholds for acceptable and unacceptable performance.
Alignment
- Maintaining planning consistency throughout the project life cycle.
- Integration with other performance domains.
Checking Results
- Evaluating project progress and performance against baselines and metrics.
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Description
This quiz explores the essential components of the Planning Performance Domain in project management. It covers the importance of organized execution, stakeholder expectations, and adapting plans to meet evolving project needs. Test your knowledge on key definitions and techniques relevant to effective project planning.