Definitions

Question 1

Acceptance Criteria

Answer 1

A set of conditions that is required to be met before deliverables are accepted.

Question 2

Accepted Deliverables

Answer 2

Products results or capabilities produced by a project and validated by the project customer or sponsors as meeting there specified acceptance criteria.

Question 3

Accuracy

Answer 3

Within the quality management system, accuracy is an assessment of correctness.

Question 4

Acquire Resources

Answer 4

The process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work.

Question 5

Acquisition

Answer 5

Obtaining human and material resources necessary to perform project activities. Acquisition implies a cost of resources, and is not necessarily financial.

Question 6

Activity

Answer 6

A distinct, schedule portion of work performed during the course of a project.

Question 7

Activity Attributes

Answer 7

Multiple attributes associated with each schedule activity that can be included within the activity list. Activity attributes include activity codes, predecessor activities, successor activities, logical relationships, leads and legs, resource requirements, imposed dates, constraints, and assumptions.

Question 8

Activity Duration

Answer 8

The time in calendar units between the start and finish of a scheduled activity.

Question 9

Activity-on-Node

Answer 9

See PDM -precedents diagramming method

Question 10

Actual Cost (AC)

Answer 10

The realized cost incurred for work performed on an activity during a specific time period.

Question 11

Actual Duration

Answer 11

The time in calendar units between the actual start date of the schedule activity and either the data date of the project schedule if the schedule activity is in progress or the actual finish date if the schedule activity is complete.

Question 12

Adaptive Life Cycle

Answer 12

A project life cycle that is iterative or incremental.

Question 13

Affinity Diagrams

Answer 13

A technique that allows large numbers of ideas to be classified into groups for review and analysis.

Question 14

Agreements

Answer 14

Any document or communication that defines the initial intentions of a project. This can take the form of a contract, memorandum of understanding (MOU), letters of agreement, verbal agreements, email, etc.

Question 15

Alternative Analysis

Answer 15

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.

Question 16

Analogous Estimating

Answer 16

A technique for estimating the duration or cost of an activity or a project using historical data from a similar activity or project.

Question 17

Analytical Techniques

Answer 17

Various techniques used to evaluate, analyze,or forecast potential outcomes based on possible variations of a project or environmental variables in their relationships with other variables.

Question 18

Assumptions

Answer 18

A factor in the planning process that is considered to be true, real, or certain, without proof or demonstration.

Question 19

Assumption Log

Answer 19

A project document used to record all assumptions and constraints throughout the project lifecycle.

Question 20

Attribute Sampling

Answer 20

Method of measuring quality that consist of noting the presence or absence of some characteristics (attribute) in each of the units under consideration.

Question 21

Authority

Answer 21

The right to apply project resources, expend funds, make decisions, or give approvals.

Question 22

Backward Pass

Answer 22

A critical path method technique for calculating the late start and late finish dates by working backward through the schedule model from the project end date.

Question 23

Bar Chart

Answer 23

Graphic display of schedule – related information. In the typical bar chart, schedule activities or work breakdown structure components are listed down the left side of the chart, dates are shown across the top, and activities durations are shown as date-placed horizontal bars. See also Gannt charts

Question 24

Basis of Estimates

Answer 24

Supporting documentation outlining the details use in establishing project estimates such as assumptions, constraints, level detail, ranges, and confidence levels.

Question 25

Benchmarking

Answer 25

The comparison of actual or planned product, processes, and practices to those of comparable organizations to identify best practices, generate ideas for improvement, and provide a basis for measuring performance.

Question 26

Benefits Management Plan

Answer 26

The document explanation defining the process for creating, maximizing, and sustaining the benefits provided by a project or program

Question 27

Bid documents

Answer 27

All documents used to solicit information, quotations, or proposals from perspective sellers.

Question 28

Bidder Conference

Answer 28

The meetings with prospective seller prior to the preparation of a bid or proposal to ensure all perspective vendors have a clear and common understanding of the procurement. Also known as contractor conferences, vendor conferences, or pre-bid conference.

Question 29

Delphi Technique

Answer 29

The Delphi Technique is an essential project management technique that refers to an information gathering technique in which the opinions of those whose opinions are most valuable, traditionally industry experts, is solicited, with the ultimate hope and goal of attaining a consensus.

Question 30

Facilitation

Answer 30

Facilitation sessions can be used to help groups of stakeholders with different perspectives reach consensus on prioritizing requirements.