Definitions Flashcards
Definition of Project
(PMBOK Sixth Edition)
A temporary endeavor undertaken to create a unique product, service or result.
Definition of Project Management
(PMBOK Sixth Edition)
The application of knowledge, skills, tools and techniques to project activities to meet the project requirements.
Lines of Communication Formula
N*(n-1)
————
2
Activity / Schedule Activity
A distinct, scheduled portion of work performed during the course of a project.
Activity Actual Cost (AC)
The realized cost incurred for the work performed on an activity on an activity during a specific time period.
Activity Actual Duration / Actual Duration
The total number of work periods, in calendar units, between the activity actual start date of the schedule activity and either the data date of the schedule model, if the schedule activity is in progress, or the activity actual finish date, if the schedule activity is complete.
Activity Actual Finish Date
The point in time at which a schedule activity is completed.
Activity Actual Start Date
The point in time at which a schedule activity began.
Activity Calendar
The project calendar or another specifically defined calendar from the calendar library assigned to the schedule activity that defines the work periods and non-work periods in calendar format; used to replace the project calendar during schedule network analysis.
Activity Code
An alphanumeric value assigned to each activity that enables classifying, sorting, and filtering.
Activity Cost Category
A breakdown of the cost, such as labor cost, equipment cost, and material cost.
Activity Cost Estimate
The projected cost of the schedule activity that includes the cost for all resources required to perform and complete the activity, including all cost types and cost components.
Activity Cumulative Probability Risk Distribution
A table of dates and their associated cumulative probabilities of occurrence for schedule activity completion.
Activity Description / Activity Name / Activity Title
A short phrase or label for each schedule activity, used in conjunction with an activity identifier to differentiate a project schedule activity from other schedule activities.
Activity Duration / Duration (DU or DUR)
The total number of work periods, in calendar units, between the activity early start date and the activity early finish date of a schedule activity.
Activity Duration Percent Complete
The calculated percentage that the activity actual duration is of the activity total duration for a schedule activity that has work in progress.