[Clark] Reverse Flashcards
A distinct Scheduled portion of work performed during the course of a project [Clark p.697]
Activity
An Alphanumeric value assigned to each activity that enables classifying, sorting, and filtering. [Clark p.697]
Activity Code
Values that are close to the true target value [Clark p.697]
Accuracy
A phrase that names and describes an activity [Clark p.697]
Activity Label
The process within their iterations can be going on in parallel used in application areas where there is a rapid change [Clark p.697]
Adaptive Lifecycles
The realized cost incurred for the work performed on an activity during a specific time period [Clark p.697]
Actual Cost (AC)
An activity where effort is allotted proportionately across certain discrete efforts and not divisible into discrete efforts [Clark p.697]
Apportioned Effort
A factor in the planning process considered to be true, real, or certain, without proof or demonstration [Clark p.697]
Assumption
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 [Clark p.697]
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. [Clark p.697]
Analogous Estimating
A formal proposal to modify a document, deliverable, or baseline [Clark p.699]
Change Requests
The approved version of a work product that can be changed using formal change control procedures and is used as the basis for comparison to actual results [Clark p.699]
Baseline
A risk response strategy whereby the project team acts to eliminate the threat of protect the project from its impact [Clark p.699]
Avoidance
Is a critical path method technique for calculating the late start and late finish dates by working backward through a schedule model from the project end date [Clark p.699]
Backward Pass
Is a two-dimensional management structure (matrix) in which employees are assigned to two organizational groups [Clark p.699]
Balanced Matrix
The raw observations and measurements identified during activities being performed to carry out the project work [Clark p.699]
Work Performance data
The sum of all the budgets established for the work to be performed [Clark p.699]
Budget at Completion (BAC)
Includes the target benefits of the project, such as net present value calculations and the tine frame for realizing benefits [Clark p.699]
Benefits Management Plan
Are the meetings between buyers and prospective sellers prior to submittal [Clark p.699]
Bidder Conferences
A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS) [Clark p.699]
Bottom-up Estimating
Uses the combined creative efforts of the project team, experts, and consultants to develop the quality management plan [Clark p.701]
Brainstorming
A formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project, and for recording and communicating such decisions [Clark p.701]
Change Control Board
QA numbering system used to uniquely identify each component of the work breakdown structure [Clark p.701]
Code of Accounts
The physical or electronic representation of work performance information compiled in project documents, intended to generate decisions, actions, or awareness [Clark p.701]
Work Performance Report
A factor that limits the options for managing a project, program, portfolio, or process [Clark p.701]
Constraint
A process whereby modifications to documents, deliverables, or baselines associated with the project are identified, documented, approved, or rejected. [Clark p.701]
Change Control
A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled [Clark p.701]
Change Control System
A component of the Project, program, or portfolio management plan that describes how, when, and by whom information will be administered and disseminated [Clark p.701]
Communications Management Plan
A collection of procedures used to track project artifacts and monitor and control changes to these artifacts [Clark p.701]
Configuration Management System
A document describing actions that the project team can take if predetermined trigger conditions occur. [Clark p.701]
Contingency Plan
Time or Money allocated in the schedule or cost baseline for known risks with active response strategies [Clark p.703]
Contingency Reserve
An intentional activity that realigns the performance of the project work with the project management plan [Clark p.703]
Corrective Action
A component of a project or program management plan that describes how costs will be planned, structured, and controlled [Clark p.703]
Cost Management Plan
The amount of budget deficit or surplus at a given point in time, expressed as the difference between the earned value and the actual cost [Clark p.703]
Cost Variance (CV)
A schedule method that allows the project team to place buffers on any project schedule path to account for limited resources and project uncertainties [Clark p.703]
Critical Chain Method
A management control point where scope, budget, actual cost, and schedule are integrated and compared to earned value for performance measurement Control Account (CA) is a management control point at which budgets (resource plans) and actual costs are accumulated and compared to earned value for management control purposes. [Clark p.703]
Control Account
The approved version of work package cost estimates and contingency reserve that can be changed using formal change control procedures and is used as the basis for comparison to actual results [Clark p.703]
Cost Baseline
A measure of cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost [Clark p.703]
Cost Performance Index (CPI)
A schedule compression technique used to shorten the schedule duration for the least incremental cost by adding resources [Clark p.703]
Crashing
The sequence of activities that represents the longest path through a project, which determines the shortest possible duration [Clark p.703]
Critical Path
An activity on the critical path in a project schedule. [Clark p.705]
Critical Path Activity
A point in time when the status of the project is recorded [Clark p.705]
Data Date
A technique used for dividing and subdividing the project scope and project deliverables into smaller more manageable parts. [Clark p.705]
Decomposition
Anu unique and verifiable product, result, or capability to perform a service that is produced to complete a process, phase, or project [Clark p.705]
Deliverable
The total number of work periods required to complete an activity or work breakdown structure component, expressed in hours, days, or weeks [Clark p.705]
Duration
A method used to estimate the minimum project duration and determine the amount of scheduling flexibility the logical network paths within the schedule model [Clark p.705]
Critical Path Method
A diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty [Clark p.705]
Decision Tree Analysis
An intentional activity to modify a nonconforming product or product component [Clark p.705]
Defect Repair
An activity that can be planned and measured and that yields a specific output [Clark p.705]
Discrete Effort
In the critical path method, the earliest possible point in time when the uncompleted portions of a schedule activity can finish based on the schedule network logic, the data date, and any schedule constraints [Clark p.705]
Early Finish Date
In the Critical Path Method the earliest possible point in time when the uncompleted portions of a schedule activity can start based on the schedule network logic, the data date, and any schedule constraints [Clark p.707]
Early Start Date
A Methodology that combines scope, schedule, and resource measurements to asses project performance and progress [Clark p.697]
Earned Value Management
Conditions, not under the immediate control of the team, that influence, constrain, or direct the project, program, or portfolio. [Clark p.707]
Enterprise Environmental Factors (EEF)
The expected cost to finish all the remaining project work [Clark p.707]
Estimate to Complete (ETC)
A logical relationship in which a successor activity cannot finish until a predecessor activity has finished. [Clark p.707]
Finish-to-Finish
The measure of work performed expressed in terms of the budget authorized for that work [Clark p.707]
Earned Value Management
The number of labor units required to complete a schedule activity or work breakdown structure component, often expressed in hours, days, or weeks [Clark p.707]
Effort
The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete [Clark p.707]
Estimate at Completion (EAC)
The schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration [Clark p.707]
Fast Tracking
A logical relationship in which a successor activity cannot start until a predecessor activity has finished [Clark p.707]
Finish-to-Start
A method of estimating earned value in which a specified percentage of the budget value of a work package is assigned to the start milestone and the remaining percentage is assigned when the work package is complete [Clark p.709]
Fixed Formula Method
The amount of time that a scheduled activity can be delayed without delaying the early start date of any successor or violating a schedule constraint [Clark p.709]
Free Float
A bar chart of schedule information where activities are listed on the vertical axis, dates are shown on the horizontal axis, and activity durations are shown as horizontal bars placed according to the start and finish dates. [Clark p.709]
Gantt Chart
In the critical path method , the attest possible point in time when the uncompleted portions of a schedule activity can finish based on schedule network logic, the project completion date, and any schedule constraints [Clark p.709]
Late Finish Date
The amount of time whereby a successor activity can be advanced with respect to a predecessor activity [Clark p.709]
Lead
A critical path method technique for calculating the early start and early finish dates by working forward through the schedule model from the project start date or a given point in time [Clark p.709]
Forward Pass
Organizational structure in which staff is grouped by areas of specialization and the project manager has limited authority to assign work and apply resources [Clark p.709]
Functional Organization
The amount of time whereby a successor activity will be delayed with respect to a predecessor activity [Clark p.709]
Lag
In the critical path method, the latest possible point in time when the uncompleted portions of a schedule activity can start based on the schedule network logic, the project completion date, and any schedule constraints. [Clark p.709]
Late Start Date
The knowledge gained during a project which shows how project events wee addressed or should be addressed in the future for the purposes of improving future performance [Clark p.709]
Lessons Learned
In project management, level of effort (LOE) is a support-type project activity that must be done to support other work activities or the entire project effort. … As a result, an LOE activity should never be on the critical path of the project schedule, as it never of itself adds time to the project. [Clark p.711]
Level of Effort (Activity)
Time or money that management sets aside in addition to the schedule or cost-baseline and releases for ‘unforeseen’ work that is within the scope of the project [Clark p.711]
Management Reserve
A significant point or event in a project, program, or portfolio [Clark p.711]
Milestone
An estimate of the most probable activity duration that takes into account all the known variables that could affect performance [Clark p.711]
Most Likely Duration
A sequence of activities with low float which, if exhausted, becomes a critical path sequence for the project [Clark p.711]
Near-Critical Path
A dependency between two activities or between an activity and a milestone [Clark p.711]
Logical Relationship
An organization structure in which the project manager shares authority with the functional manager temporarily to assign work and apply resources [Clark p.711]
Matrix Organization
a type of schedule that presents milestones with planned dates [Clark p.711]
Milestone Schedule
an activity with a total float that is deemed to be low based on expert judgment [Clark p.711]
Near-Critical Activity
All activities and dependencies in a project schedule network diagram [Clark p.711]
Network Logic
A sequence of Activities connected by logical relationships in a project schedule network diagram [Clark p.713]
Network Path
A risk that would have a positive effect on one or more project outcomes [Clark p.713]
Opportunity
A hierarchical representation of the project organization, which illustrates the relationship between project activities and the organizational units that will perform those activities [Clark p.713]
Organizational Breakdown Structure
Plans, processes, policies, procedures, and knowledge bases specific to and used by the performing organization [Clark p.713]
Organizational Process Assets
The level of an organization’s ability to deliver the desired strategic outcomes in a predictable, controllable, and reliable manner. [Clark p.713]
Organizational Project Management Maturity
A point at which dependency lines connect on a schedule network diagram [Clark p.713]
Node
An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance [Clark p.713]
Optimistic Duration
A structural, cultural, technological, or human resource practice that the performing organization can use to achieve strategic objectives. [Clark p.713]
Organizational Enabler
A framework in which portfolio, program, and project management are integrated with organizational enablers in order to achieve strategic objectives [Clark p.713]
Organizational Project Management (OPM)
An estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters. [Clark p.713]
Parametric Estimating
A relationship where a scheduled activity has more than one predecessor [Clark p.715]
Path Convergence
An estimate expressed as a percent of the amount of work that has been completed on an activity or a work breakdown structure component [Clark p.715]
Percent Complete
An enterprise whose personnel are the most directly involved in doing the work of the project or program [Clark p.715]
Performing Organization
A review at the end of a phase in which a decision is made to continue to the next phase, to continue with modification, or to end a project or program [Clark p.715]
Phase Gate
Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives. [Clark p.715]
Portfolio
A Relationship where a schedule activity has more than one successor [Clark p.715]
Path Divergence
