flashcard
(96 cards)
KA / Group / Process / defination
PMBOK definition or example
Variance in Duration - Calculation
Variance in Duration = Planned duration - Actual duration (VD=PD-AD)
Variance in Cost - Calculation
Variance in Cost = Planned cost - Actual cost (VC=PC-AC)
Slack / float - Definition
total float or Free float - the amount of time that a scheduled activity can be delayed or extended from its early start date without delaying the project finish date or violation a schedule constraint.
Monitoring and Controlling process group - Process Group
those processes required to track, review, and orchestrate the progress and performance of the project, identify any areas in which changes to the Plan are required; and initiate the corresponding changes.
Planning Process Group - Process Group
Those processes performed to establish the total scope of the effort, define and refine the objectives, and develop the course of action required to attain those objectives
Initiating Process Group - Process Group
Those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project cycle or phase
Closing process Group - Process Group
Those processes performed to conclude all activities across all Project Management Process Groups to formally complete the project, phase, or contractual obligations
Executing Process Group - Process Group
Those processes performed to complete the work defined in the project Management Plan to satisfy the project specifications
Portfolio - Definition
Think VP - refers to projects, programs, sub portfolios, and operations managed as a group to achieve strategic objectives
Work Package - Definition
the work defined at the lowest level of the WBs for which cost and duration can be estimated and managed
Project Scope Statement - Definition
The scope statement essentially answers the question ‘what is being done in the project” this is the WHAT statement or document
Project Scope Management - Definition
The processes required to ensure that the project includes all the work required, and only the work required, to complete the project
Project Integration Management - Definition
The processes ad activities needed to identify define, combine, and unify ad coordinate the various process and project Management activities with the Project Management Process Groups.
Plan Cost Management - PMP - Cost-Plan
The process that establishes the policies, procedures, and documentation for planning, managing, expending, and controlling costs.
Monitor and Control Project Work - PMP - In - MC
The process of tracking, reviewing, and reporting the progress to meet the performance objectives in the project Management Plan.
Manage Project Team - PMP- HR-Exe
The process of tracking team member performance, providing feedback, resolving issues, and managing team changes throughout the project life cycle.
Create WBS - PMP - Sc-Plan
The process of subdividing project deliverables and project work into smaller, more manageable components. A Hierarchical decomposition of the total scope of work
Perform Integrated Change Control - PMP - In - MC
The process of reviewing all change requests, approving changes and managing changes to deliverables, organization process assets, project documents, and the project Management Plan; and communicating their disposition
Perform Qualitative Risk Analysis - PMP - Risk - Plan
The process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact
Conduct Procurements - PMP - Pro - Exe
the process of obtaining seller responses, selecting a seller, and awarding a contract.
Perform Quantitate Risk Analysis - PMP - Risk - Plan
The process of numerically analyzing the effect of identified risks on overall project objectives
Control Costs - PMP - Cost - MC
the process of monitoring the status of the project to update the project costs and managing changes to cost baseline
Control Scope - PMP - SC-MC
The process of monitoring the status of the project and product scope an managing changes to the scope baseline.