Definitions 301-330 Flashcards
Define Schedule.
An output of a schedule model that presents linked activities with planned dates, durations, milestones, and resources.
What is Schedule Baseline?
The approved version of a schedule model that can be changed using formal change control procedures and is used as the basis for comparison to actual results.
What is Schedule Compression?
A method used to shorten the schedule duration without reducing the project scope.
What is Schedule Forecasts?
Estimates or predictions of conditions and events in the project’s future based on information and knowledge available at the time the schedule is calculated.
What is a Schedule Management Plan?
A component of the project or program management plan that establishes the criteria and activities for developing, monitoring, and controlling the schedule.
What is a Schedule Model?
A representation of the plan for executing the project’s activities including durations, dependencies, and other planning information, used to produce a project schedule along with other scheduling artifacts.
What is SPI? (Schedule Performance Index)
A measure of schedule efficiency expressed as the ratio of earned value and planned value.
What is SV? (Schedule Variance)
A measure of schedule performance expressed as the difference between the earned value to planned value.
Define Scope.
The sum of the products, services, and results to be provided as a project Also known as Project Scope and Product Scope.
What is Scope Baseline?
The approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary that can be changed using formal change control procedures and is used as the basis for comparison to actual results.
What is Scope Creep?
The uncontrolled expansion to product or project scope without adjustments time, cost, and resources.
What is Scope Management Plan?
A component of the project or program management plan that describes how the scope will be defined, developed, monitored, controlled, and validated.
What is a S-Curve?
A graph that displays cumulative costs over a specific period of time.
What is Self-Organizing Team?
A cross-functional team in which people assume leadership as needed to achieve the team’s objectives.
What is Sensitivity Analysis?
An analysis method to determine which individual project risks or other sources of uncertainty have the most potential impact on project outcomes by correlating variations in project outcomes with variations in elements of a quantitative risk analysis model.
What is Servant Leadership?
The practice of leading the team by focusing on understanding and addressing the needs and development of team members in order to enable the highest possible team performance.
Define Simulation.
An analytical method that models the combined effect of uncertainties to evaluate their potential impact on objectives.
What is Single-Point Estimating?
An estimating method that involves using data to calculate a single value which reflects a best guess estimate.
Define Specification.
A precise statement of the needs to be satisfied and the essential characteristics that are required.
Define Sponsor.
A person or group who provides resources and support for the project, program, or portfolio and is accountable for enabling success.
Define Sprint.
A short interval within a project during which a usable and potentially releasable increment of the product is created. Also known as an iteration.
Define Stakeholder.
An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a decision, activity, or outcome of a project, program, or portfolio.
What is a Stakeholder Analysis?
A method of systematically gathering and analyzing quantitative and qualitative information to determine whose interests should be taken into account throughout the project.
What is a Stakeholder Engagement Assessment Matrix?
A matrix that compares current and desired stakeholder engagement levels.
What is a Stakeholder Engagement Plan?
A component of the project management plan that identifies that strategies and actions required to promote productive involvement of stakeholders in project or program decision making and execution.
What is a Stakeholder Performance Domain?
The performance domain that addresses activities and functions associated with stakeholders.
What is a Stakeholder Register?
A project document that includes information about project stakeholders including an assessment and classification of project stakeholders.
Define Standard.
A document established by an authority, customer, or general consent as a model or example.
What is SOW? (Statement of Work)
A narrative description of products, services, or results to be delivered by the project.
What is a Status Meeting?
A regularly scheduled meeting to exchange and analyze information about the current progress of the project and its performance.
