Cert flashcards 4
A documented economic feasibility study used to establish validity of the benefits of a selected component lacking sufficient definition and that is used as a basis for the authorization of further project management activities.
Business Case
A formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project and for recording and communicating such decisions.
Change Control Board (CCB)
A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.
Change Control System
A comprehensive list of changes submitted during the project and their current status.
Change Log
The process of finalizing all activities across all the Project Management Process Groups to formally complete a project or phase.
Close Project or Phase
An intentional activity that realigns the performance of the project work with the project management plan.
Corrective Action
An intentional activity to modify a nonconforming product or product component.
Defect Repair
The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
Develop Project Charter
The process of defining, preparing, and coordinating all subsidiary plans and integrating them into a comprehensive plan.
Develop Project Management Plan
The process of leading and performing the work defined in the project management plan and implementing approved changes to achieve the project’s objectives.
Direct and Manage Project Work
The uncontrolled expansion of product scope without adjustments to time, cost, and resources. Like scope creep but is initiated by a project team member who adds features or configuration elements, bypassing integrated change control.
Gold Plating
Coordination of project elements to ensure that they all fit together harmoniously.
Integration
The knowledge gained during a project which shows how project events were addressed or should be addressed in the future for the purpose of improving future performance. (Note: The knowledge is documented and archived in a knowledge base for retrieval by future projects.)
Lessons Learned
The process of tracking, reviewing, and reporting the progress to meet the performance objectives defined in the project management plan.
Monitor and Control Project Work
The resources that an organization commits to a project and can’t simultaneously commit to other projects or business opportunities.
Opportunity Cost
The process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating the decisions.
Perform Integrated Change Control
An intentional activity that ensures the future performance of the project work is aligned with the project management plan.
Preventive Action
A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.
Project Charter
The processes and activities to identify, define, combine, unify, and coordinate the various process and project management activities within the Project Management Process Groups.
Project Integration Management
A document that describes how a project will be executed, monitored, and controlled, and closed.
Project Management Plan
The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources.
Scope Creep
A formal proposal to modify a document, deliverable, or baseline.
Change Request
Any previous investment that was made in a prior project or phase; irrelevant to a cost-benefit analysis because the only relevant question is whether an additional investment will generate profits.
Sunk Cost
A component of the project management plan that describes how to identify and account for project artifacts under configuration control, and how to record and report changes to them.
Configuration Management Plan
