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PREDICTIVE Terms 6

TermDefinition
3 TYPES OF FIXED PRICE AGREEMENTS - FIRM FIXED PRICE (FFP) - FIXED PRICE INCENTIVE FEE (FPIF) - FIXED PRICE ECONOMIC PRICE ADJUSTED (FP-EPA)
AGREEMENT WHERE CONTRACT CANNOT BE CHANGED FIRM FIXED PRICE AGREEMENT
FIXED PRICE INCLUDES ADDITIONAL FEE FOR MEETING TARGET SET FORTH IN CONTRACT FIXED PRICE INCENTIVE FEE AGREEMENT
USED TO ADJUST FIXED COST OVER THE LIFE OF THE CONTRACT DUE TO ECONOMIC CONDITIONS FIXED PRICE ECONOMIC PRICE ADJUSTED AGREEMENT
BUYER PAYS FOR THE WORK EXPENSES, THEN PAYS SELLER FEE FOR PROFIT COST-REIMBURSIBLE AGREEMENT
3 TYPES OF COST-REIMBURSIBLE AGREEMENTS - COST PLUS FIXED FEE (CPFF) - COST PLUS INCENTIVE FEE (CPIF) - COST PLUS AWARD FEE (CPAF)
WHEN BUYER PAYS THE WORK EXPENSE, THEN A FIXED FEE TO SELLER FOR A PROFIT COST PLUS FIXED FEE AGREEMENT
WHEN BUYER PAYS THE WORK EXPENSE & ADDITIONAL FEE IF A TARGET IS MET, SUCH AS FINISHING 2 WEEKS EARLIER COST PLUS INCENTIVE FEE AGREEMENT
WHEN BUYER PAYS WORK EXPENSE & AN AWARD FEE THAT'S BASED ON SATISFACTION OF THE WORK COST PLUS AWARD FEE AGREEMENT
WHEN BUYER PAYS FOR BOTH LABOR & MATERIAL TIME & MATERIAL AGREEMENT
OUTLINES ACTIVITIES TO BE UNDERTAKEN DURING PROCUREMENT PROCESSES PROCUREMENT MANAGEMENT PLAN
DETERMINES HOW TO DELIVER DELIVERABLES, TYPES OF CONTRACTS TO USE, & WHAT PHASES WILL BE USED TO COMPLETE PROCESSES PROCUREMENT STRATEGY
USED TO SOLICIT PROPOSALS FROM POTENTIAL SELLERS BID DOCUMENTS
DELIVERED FROM SCOPE BASELINE, LISTS BUYER NEEDS PROCUREMENT SOW
COST, LOCATION, LICENSE, CERTIFICATION, REFERENCE, WARRANTY, OR EXPERIENCE SOURCE SELECTION CRITERIA
WHAT THE PROJECT WILL MAKE OR BUY MAKE OR BUY DECISIONS
COST ESTIMATE DONE BY AN OUTSIDE PROFESSIONAL INDEPENDENT COST ESTIMATES
STAKEHOLDER ENGAGEMENT ASSESSMENT MATRIX BREAKS DOWN 5 LEVELS OF ENGAGEMENT: - UNAWARE - RESISTANT - NEUTRAL - SUPPORTIVE - LEADING
HOW THE TEAM WILL KEEP STAKEHOLDERS ENGAGED ON THE PROJECT STAKEHOLDER ENGAGEMENT PLAN
CHANGE REQUEST TYPES - CORRECTIVE ACTION - PREVENTIVE ACTION - DEFECT REPAIR
CAN BE FORMALLY DOCUMENTED & SHARED EXPLICIT KNOWLEDGE
EXISTS INSIDE EMPLOYEES' HEADS TACIT KNOWLEDGE
SHARING OF KNOWLEDGE BETWEEN STAKEHOLDERS ON A PROJECT & IS USED TO FOSTER PROJECT INTERACTION KNOWLEDGE MANAGEMENT
COLLECTION, STORAGE, DISSEMINATION, ARCHIVING, & DESTRUCTION OF INFORMATION INFORMATION MANAGEMENT
10 TYPES OF QUALITY MANAGEMENT TOOLS - AFFINITY DIAGRAMS - MATRIX DIAGRAMS - CAUSE & EFFECT DIAGRAMS - SCATTER DIAGRAMS - FLOWCHARTS - HISTOGRAMS - AUDITS - DESIGN FOR X - PROBLEM SOLVING - QUALITY IMPROVEMENT METHODS
USED TO GROUP IDEAS TOGETHER AFFINITY DIAGRAM
SHOWS RELATIONSHIP AMONG PROCESSES MATRIX DIAGRAM
TELLS YOU THE CAUSES OF DEFECTS CAUSE & EFFECT DIAGRAM (AKA ISHIKAWA/FISHBONE)
SHOWS YOU GRAPHICAL REPRESENTATION OF PROCESS & ANY ROOM FOR IMPROVEMENTS FLOWCHART
BAR CHART THAT SHOWS THE DISTRIBUTION OF NUMERICAL DATA & PROVIDE AN EXAMPLE HISTOGRAM (EXAMPLE: PARETO DIAGRAM)
SHOWS TRENDS IN RELATION TO DIFFERENT VARIABLES SCATTER DIAGRAM
CONFIRMS ALL BEST PRACTICES ARE BEING EXECUTED QUALITY AUDIT
USED BY ENGINEERS TO DESIGN PARTICULAR ASPECT OF A PRODUCT DESIGN FOR X
IDENTIFYING THE PROBLEM, DETERMINING WHAT'S CAUSING IT, LOOKING AT POSSIBLE SOLUTIONS, SELECTING ONE OF THEM, & VERIFYING IT SOLVES THE PROBLEM PROBLEM SOLVING
FINDING WAYS TO IMPROVE THE QUALITY PROCESSES QUALITY IMPROVEMENT METHODS
REPORT GENERALLY INCLUDING INFORMATION ABOUT QUALITY ISSUES ON THE PROJECT & RECOMMENDATIONS ABOUT HOW TO IMPROVE THE PROCESSES QUALITY REPORTS
DOCUMENTS THAT GENERALLY TAKE THE FORM OF A CHECKLIST THAT CAN BE USED WHEN CHECKING THE QUALITY OF DELIVERABLES TEST & EVALUATION DOCUMENTS
CRITERIA USED FOR MULTI-CRITERIA DECISION ANALYSIS: - AVAILABILITY, COST, EXPERIENCE, ABILITY - KNOWLEDGE, SKILLS, ATTITUDE, INTERNAL FACTORS
DONE WITH TEAM MEMBERS, VENDORS, CONTRACTORS, & 3RD PARTIES NEGOTIATION
TEAM MEMBERS SELECTED IN ADVANCE OF THE PROJECT PRE-ASSIGNMENT
CAN BE SPREAD WIDE ACROSS GEOGRAPHICAL AREAS & MAY WORK FROM HOME OR IN DIFFERENT SHIFTS VIRTUAL TEAMS
DOCUMENT HOW YOU ALLOCATED THE PHYSICAL RESOURCES ON THE PROJECT PHYSICAL RESOURCE ASSIGNMENTS
ASSIGN PROJECT TEAM THEIR ROLES & RESPONSIBILITIES PROJECT TEAM ASSIGNMENTS
SHOWS WORKING SHIFTS FOR RESOURCES & SHOWS AVAILABILITY RESOURCE CALENDAR
Created by: justin.olive1
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