What should a business case include? - B - Background
O - Options
B- Benefits
CA - Commercial Aspects
R - Risks
T - Timescales
What are the 5 aspects of the PRAM? - Initiate
Identify
Assess
Plan responses
Implement responses
What are the 5 phases in the extended project life cycle? - Con...
APM PMQ EXAM What should a business case include? - ✔✔B - Background O - Options B- Benefits CA - Commercial Aspects R - Risks T - Timescales What are the 5 aspects of the PRAM? - ✔✔Initiate Identify Assess Plan responses Implement responses What are the 5 phases in the extended project life cycle? - ✔✔Concept Definition Development Handover a nd Closure Operations Who are potential stakeholders within a project? - ✔✔Project Sponsor Project Team Users Suppliers Customers Senior Management What are the 5 steps within the information management process? - ✔✔Collection Storage Dissemination Archiving Destruction What are the steps of the requirements management process? - ✔✔Capture Analyse Justify Baseline What are the steps of the change control process? - ✔✔- Submit Change Request - Review viability of taking request further - Assessme nt of feasibility and impact of the proposed change - Decision What are potential sources of change? - ✔✔Internal: - Technical Error - Incorrect Estimate - Resourcing Issues External: - Business Justification - Requirements change - Technology/Market Shift What is the requirements model? - ✔✔Business Need (Why) Features (How) Requirements (What) Acceptance Criteria What are the steps of the configuration management process? - ✔✔Planning Identification Control Status Accounting Audit What are 2 types of breakdown structure? - ✔✔Work Breakdown Structure (WBS) Product Breakdown Structure (PBS) What is a Work Breakdown Structure (WBS)? - ✔✔a comprehensive list of all activities needed to complete a project. What is a Product Breakdown S tructure (PBS)? - ✔✔This focuses on the deliverables that are needed to deliver the project. This can be broken down further into tasks within a WBS. What are 5 types of report? - ✔✔Progress Quality Risk Finance Audit What are 3 types of investment appra isal? - ✔✔Net present value (NPV) Payback Internal Rate of Return (IRR) What are the steps of the stakeholder management process? - ✔✔Identify Assess Develop Engage
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