Definitions 301-330

Question 1

Define Schedule.

Answer 1

An output of a schedule model that presents linked activities with planned dates, durations, milestones, and resources.

Question 2

What is Schedule Baseline?

Answer 2

The approved version of a schedule model that can be changed using formal change control procedures and is used as the basis for comparison to actual results.

Question 3

What is Schedule Compression?

Answer 3

A method used to shorten the schedule duration without reducing the project scope.

Question 4

What is Schedule Forecasts?

Answer 4

Estimates or predictions of conditions and events in the project’s future based on information and knowledge available at the time the schedule is calculated.

Question 5

What is a Schedule Management Plan?

Answer 5

A component of the project or program management plan that establishes the criteria and activities for developing, monitoring, and controlling the schedule.

Question 6

What is a Schedule Model?

Answer 6

A representation of the plan for executing the project’s activities including durations, dependencies, and other planning information, used to produce a project schedule along with other scheduling artifacts.

Question 7

What is SPI? (Schedule Performance Index)

Answer 7

A measure of schedule efficiency expressed as the ratio of earned value and planned value.

Question 8

What is SV? (Schedule Variance)

Answer 8

A measure of schedule performance expressed as the difference between the earned value to planned value.

Question 9

Define Scope.

Answer 9

The sum of the products, services, and results to be provided as a project Also known as Project Scope and Product Scope.

Question 10

What is Scope Baseline?

Answer 10

The approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary that can be changed using formal change control procedures and is used as the basis for comparison to actual results.

Question 11

What is Scope Creep?

Answer 11

The uncontrolled expansion to product or project scope without adjustments time, cost, and resources.

Question 12

What is Scope Management Plan?

Answer 12

A component of the project or program management plan that describes how the scope will be defined, developed, monitored, controlled, and validated.

Question 13

What is a S-Curve?

Answer 13

A graph that displays cumulative costs over a specific period of time.

Question 14

What is Self-Organizing Team?

Answer 14

A cross-functional team in which people assume leadership as needed to achieve the team’s objectives.

Question 15

What is Sensitivity Analysis?

Answer 15

An analysis method to determine which individual project risks or other sources of uncertainty have the most potential impact on project outcomes by correlating variations in project outcomes with variations in elements of a quantitative risk analysis model.

Question 16

What is Servant Leadership?

Answer 16

The practice of leading the team by focusing on understanding and addressing the needs and development of team members in order to enable the highest possible team performance.

Question 17

Define Simulation.

Answer 17

An analytical method that models the combined effect of uncertainties to evaluate their potential impact on objectives.

Question 18

What is Single-Point Estimating?

Answer 18

An estimating method that involves using data to calculate a single value which reflects a best guess estimate.

Question 19

Define Specification.

Answer 19

A precise statement of the needs to be satisfied and the essential characteristics that are required.

Question 20

Define Sponsor.

Answer 20

A person or group who provides resources and support for the project, program, or portfolio and is accountable for enabling success.

Question 21

Define Sprint.

Answer 21

A short interval within a project during which a usable and potentially releasable increment of the product is created. Also known as an iteration.

Question 22

Define Stakeholder.

Answer 22

An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio.

Question 23

What is a Stakeholder Analysis?

Answer 23

A method of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project.

Question 24

What is a Stakeholder Engagement Assessment Matrix?

Answer 24

A matrix that compares current and desired stakeholder engagement levels.

Question 25

What is a Stakeholder Engagement Plan?

Answer 25

A component of the project management plan that identifies that strategies and actions required to promote productive involvement of stakeholders in project or program decision making and execution.

Question 26

What is a Stakeholder Performance Domain?

Answer 26

The performance domain that addresses activities and functions associated with stakeholders.

Question 27

What is a Stakeholder Register?

Answer 27

A project document that includes information about project stakeholders including an assessment and classification of project stakeholders.

Question 28

Define Standard.

Answer 28

A document established by an authority, customer, or general consent as a model or example.

Question 29

What is SOW? (Statement of Work)

Answer 29

A narrative description of products, services, or results to be delivered by the project.

Question 30

What is a Status Meeting?

Answer 30

A regularly scheduled meeting to exchange and analyze information about the current progress of the project and its performance.