CAPM Exam Domain 1

5 Stages of Team Development

1. forming

2. storming

3. norming

4. performing

5. adjorning

Benched Resource

available but is not being used

Brainstorm

gather a range of ideas

Brainstorming

cause of problem, possible solution

Communication Channel Formula

n(n-1)/2

Decision Tree

Understand the monetary value

Dedicated Resource

fully available to work on your project

External Resource

acquired from outside your organization

Focus Group

small, facilitated discussion

Functional Organization

resources report to their functional manager, and the PM has little to no authority

Internal Resource

employed (or owned) by your organization

Matrix Organization

still probably arranged by function, but project management might be one of those functions

weak, balanced, strong (PM increasing authority)

Negative Risk Response

avoid, mitigate, transfer, accept

Overallocated Resource

too much work assigned

Pareto Analysis

identify most common problem type

Physical Resource

materials and equipment

Portfolio

collection of projects, programs, and operations managed as a group to achieve the organization's strategic objectives

Portfolio Management

strategic view of whether the projects and programs align with the organization's objectives

Positive Risk Response

exploit, enhance, share, accept

Product Plan

what we're aiming to build, the reason for doing it, general timeframes, and the likely points at which we expect to launch it to users

Program

a group of related projects which are managed in a coordinated way

Program Management

interdependencies between related projects

Project-Oriented Organization

resources report to the PM who has full authority

Pull Communication

a dashboard or an information radiator

Push Communication

status email sent to a wide audience

Qualitative Risk

prioritize risk

Quantitative Risk

a value on the cost or schedule delay that a risk would cost

Remote Resource

geographically separated from the rest of the team

Root Cause Analysis and Fishbone Diagram

find the root cause

Shared Resource

split between your project and other projects or operational work

Six Sigma

set of techniques for process improvement

Standup

short face to face update and planning meeting

Storming Stage

conflicts most likely occur and team performance might drop

SWOT Analysis

strengths, weaknesses, opportunities, threats

Triple constraint

budget, scope, schedule

Workshop

structured way to generate creative solutions by guiding participants through activities