capm Flashcards
(378 cards)
A set of conditions that is required to be met before deliverables are accepted.
Acceptance Criteria
Products, results, or capabilities produced by a project and validated by the project customer or sponsors as meeting their specified acceptance criteria.
Accepted Deliverables
An assessment of correctness within the quality management system.
Accuracy
Multiple attributes associated with each schedule activity that can be included within the activity list. Include activity codes, predecessor activities, successor activities, logical relationships, leads and lags, resource requirements, imposed dates, constraints, and assumptions.
Activity Attributes
The quantitative assessments of the likely number of time periods that are required to complete an activity.
Activity Duration Estimates
A documented tabulation of schedule activities that shows the activity description, activity identifier, and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
Activity List
The realized cost incurred for the work performed on an activity during a specific time period
Actual Cost (AC)
A project life cycle that is iterative or incremental.
Adaptive Life Cycle
A technique that allows large numbers of ideas to be classified into groups for review and analysis.
Affinity Diagrams
Any document or communication that defines the initial intentions of a project. This can take the form of a contract, memorandum of understanding (MOU), letters of agreement, verbal agreements, email, etc.
Agreements
A technique used to evaluate identified options in order to select the options or approaches to use to execute and perform the work of the project.
Alternative Analysis
A technique for estimating the duration or cost of an activity or a project using historical data from a similar activity or project.
Analogous Estimating
A factor in the planning process that is considered to be true, real, or certain, without proof or demonstration.
Assumption
A project document used to record all assumptions and constraints throughout the project life cycle.
Assumption Log
Method of measuring quality that consists of noting the presence (or absence) of some characteristic (attribute) in each of the units under consideration.
Attribute Sampling
The right to apply project resources, expend funds, make decisions, or give approvals.
Authority
A critical path method technique for calculating the late start and late finish dates by working backward through the schedule model from the project end date.
Backward Pass
The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.
Baseline
Supporting documentation outlining the details used in establishing project estimates such as assumptions, constraints, level of detail, ranges, and confidence levels.
Basis of Estimates
The comparison of actual or planned products, processes, and practices to those of comparable organizations to identify best practices, generate ideas for improvement, and provide a basis for measuring performance.
Benchmarking
The documented explanation defining the processes for creating, maximizing, and sustaining the benefits provided by a project or program.
Benefits Management Plan
All documents used to solicit information, quotations, or proposals from prospective sellers.
Bid Documents
The meetings with prospective sellers prior to the preparation of a bid or proposal to ensure all prospective vendors have a clear and common understanding of the procurement. Also known as contractor conferences, vendor conferences, or pre-bid conferences.
Bidder Conference
A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS).
Bottom-Up Estimating