Management reserves is controlled by who? and not who?
Managemnt, not PM
_____________ is for unknown unknowns and unplaned changes to project scope or cost.
Management Reserves
___________ is for known unknowns and additional cost time estimating and risk.
contingency reserve
---------------- is using information from similar projects done in the past. Top down estimating.
Analogous Estimating
A change request must always be written and never ___________
verbal
If a change happens that involves funds always contact who?
The sponsor
__________ sometimes called cost center is associated with the WBS.
Control Point
the _____________ contains
SOW
Planned Duration
Budget
Responsibility Requirements
Specs
Acceptance Criteria
Contract Info
Dependencies
WBS Dictionary
___________________ is an manageable unit of work that can be planned, controlled, budgeted and scheduled as individual entities.
Work Package
A work package must be ________ enough to make realistic estimates but not to small to overwhelpl the planning and control process.
small
Only involve the sponser when the problem involves ____________ and _____________
money, budger
Cost of change goes __________ as you get further along in the project.
Up
All changes go through ___________ process but not necessarily through Change control board.
Change Control
____________ project should always have a change control board. Smaller projects the decisions can be made by ____________, __________________, or _____________