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PMP > Framework Terminology > Flashcards

Framework Terminology Flashcards

1
Q

Authority

A

The agreement to be able to assign project resources, make project decisions, and spend project funding

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2
Q

Closing Processes

A

Activities during which formal acceptance and completion procedures are attained from either a phase or the project itself

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3
Q

Co-location

A

A team-building technique in which team members are located together or as close to each other as possible

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4
Q

Control

A

Analyze variances between actual performance and planned performance to effect improvements

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5
Q

Criteria

A

Standards to which project variables are compared for acceptability

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6
Q

Customer

A

The individual, group, or company that will own the work of the project when it is complete

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7
Q

Enterprise

A

A company, business, or other formal structure that encompasses a business function

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8
Q

Enterprise Environmental Factors (Output/Input)

A

Any internal or external organization variables that can influence the project success Examples: company culture, the business market, technology, and personnel

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9
Q

Executing Processes

A

The coordination of personnel and additional resources to implement the project management
plan and create the deliverables of the project

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10
Q

Functional Manager

A

A manager of a department or unit in a functional organization

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11
Q

Functional Organizational Structure

A

A structure within a company where people are grouped by similar skill set (e.g., accounting, marketing, engineering)

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12
Q

Goods

A

Products that have been created and are available for purchase

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13
Q

Historical Information

A

Information from previous projects that can be used to learn from success and failure

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14
Q

Influencer

A

A person or organization that is not necessarily directly related to the project but can influence the project in either a good or bad way

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15
Q

Initiating Processes

A

The beginning processes in a project, which occur prior to Planning

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16
Q

Initiator

A

An organization or individual authorized and capable of starting a project

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17
Q

Management by Projects

A

Performing day-to-day operations by a project management approach

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18
Q

Matrix Organizational Structure

A

A structure within a company where people are organized by (and report to) a combination of Project and functional managers

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19
Q

Methodology

A

A set of procedures used in project management

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20
Q

Monitoring and Controlling Processes

A

Actions to make sure the project objectives are completed successfully

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21
Q

Operations

A

The day-to-day repeatable activities that a company performs

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22
Q

Organization

A

A group of people formed for the purpose of performing work within a company or enterprise

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23
Q

Organizational Process Assets (Output/Input)

A

The various process-related assets from the organizations involved in the project work; can include templates, documentation, methods and procedures, and policies

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24
Q

Performing Organization

A

The entity whose personnel are most directly involved in performing the work of the project

25
Q

Planning Processes

A

The processes required to develop the activities to attain an objective

26
Q

Portfolio

A

A group of programs or projects related and managed in a coordinated way to achieve specific strategic business goals

27
Q

Portfolio Management (Technique)

A

Managing various portfolios that include the projects and programs of which they consist; can include prioritization, authorization, and management

28
Q

Product Life Cycle

A

The generally sequential phases of a product

29
Q

Program

A

A group of related projects that are managed to obtain synergistic benefits and control

30
Q

Program Management

A

The management of projects in a coordinated way to achieve better results than if managed separately

31
Q

Progressive Elaboration (Technique)

A

The process of beginning a project and, as more information is discovered, adjusting the plan to reflect the information and progress

32
Q

Project

A

A temporary undertaking to create a unique product, service, or result

33
Q

Project Initiation

A

The process that can result in the authorization of a project

34
Q

Project Life Cycle

A

The process of completing work on the project: It is not the project management of the work, but rather the work process such as the building process of creating a house, or that of developing a computer program. This life cycle typically coexists with the project management life cycle.

35
Q

Project Management

A

An approach to meeting project objectives by utilizing defined methodology which includes knowledge, skills, tools, and techniques

36
Q

Project Management Body of Knowledge

A

The knowledge within the profession of project management

37
Q

Project Management Knowledge Area

A

The nine project management knowledge areas are integration, scope, time, cost, quality, human resource , communication, risk, and procurement

38
Q

Project Management Office

A

The central group of project management at a company; can be a centralized group of project managers or the office that standardizes policy or procedures

39
Q

Project Management Process Groups

A

The group of processes that complete a project (Initiating, Planning, Executing, Monitoring and Controlling, and Closing)

40
Q

Project Management System

A

The elements needed to manage a project: processes, tools, methods etc.

41
Q

Project Manager (PM)

A

The person responsible for ensuring that project objectives are met

42
Q

Project Phase

A

A group of project activities making up a piece of the project that interrelates with other pieces to make up the project

43
Q

Projectized Organization

A

An organization which authorizes the project manager to assign resources to the project, to establish priorities, and to direct the work of the project

44
Q

Regulation

A

A requirement developed by a government organization

45
Q

Role

A

A specific function performed by a member of a project team with defined behaviors and activities

46
Q

Service

A

Work performed without resulting in a physical product

47
Q

Skill

A

The capability to execute project-related activities based on individual subject matter expertise and abilities

48
Q

Sponsor

A

Person or group who provides the financial resources for the project

49
Q

Stakeholder

A

Person or entity whose interests are positively or negatively affected by the project or whose influence can positively or negatively affect the project

50
Q

Standard

A

An established norm or requirement

51
Q

Subphase

A

A division of a phase of a project

52
Q

Subproject

A

A smaller piece of the project, as a result of decomposition; is usually created as a result of creating the work breakdown structure

53
Q

Technique

A

A procedure executed by a resource to complete activities on the project

54
Q

Template

A

A partially filled-out document that can serve as a shell for completion of project documents

55
Q

Tight Matrix

A

A phrase that describes a war room or close environment for the team; can also be used as a distracter answer on organizational-related questions

56
Q

Variance Analysis (Technique)

A

An approach for measuring the variance associated with the scope, time, or cost of the project

57
Q

Virtual Team

A

A group of people with similar goals who form a team but spend little (if any) time together

58
Q

Voice of the Customer (VOC)

A

A Planning process that considers the requirements the customer really needs when technical requirements are created

59
Q

War Room

A

A room shared by project personnel that can be used for planning and meetings, and display charts, graphs, and various other project information

PMP (19 decks)

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