Everything Flashcards

1
Q

Contingency Reserve

A

Portion of the project schedule allotted for time overruns on activities

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2
Q

Project Integration Management is the knowledge area that includes creation of the project charter

A

.

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3
Q

Soft logic

A

Allows PM to make decisions based on conditions of the project best practices or guideline

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4
Q

Three point estimate formula

A

(P+M+O)/3

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5
Q

JIT

A

Just in time scheduling decreases the investment in inventory

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6
Q

ISO 9000

A

ISO 9000 is a system to ensure that an organization follows it’s own quality procedures

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7
Q

Kaizen technologies

A

Small changes to processes and products on a steady, continuous basis to save costs and office quality

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8
Q

Fishbone diagram is the same as what

A

Ishikawa diagram

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9
Q

What is TQM

A

Total quality management, is a business philosophy to find methods to continuously improve products, services and business practices

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