Key Terms S Flashcards
schedule baseline
The final, approved project schedule that is used during project execution to monitor project progress.
schedule control
The process of documenting and managing changes to the project schedule
Schedule development
Calculating and preparing the schedule of project activities, which becomes the schedule baseline. It determines activity start and finish dates, finalizes activity sequences and durations, and determines activity duration estimates
schedule performance index (SPI)
Measures the progress to date against the progress that was planned. The SPI indicator acts as an efficiency rating. If the result is greater than one, performance is better than expected, and you’re ahead of schedule. If it’s less than one, performance is less than expected, and you ’ re behind schedule. The formula is SPI = EV / PV.
schedule update
Any change that is made to the project schedule as part of the ongoing
work involved with managing the project.
schedule variance (SV)
The difference between a task’s progress as compared to its estimated progress represented in terms of cost. The formula is SV = EV – PV
scope
The description of the work involved to complete the project. It defines both what
is included in the project and what is excluded from the project
scope control
The process of documenting and managing changes to project scope. Any
modification to the agreed - upon WBS is considered a scope change. Changes in product scope will require changes to project scope, and scope changes always require schedule changes.
scope creep
The minor changes or small additions that are made to the project outside of a formal scope change process that cause project scope to grow and change.
scope definition
Per the PMBOK Guide, the process of breaking down the major deliverables from the scope statement to create the WBS. For purposes of the CompTIA objectives and exam, scope definition is used in a much broader sense to cover several scope
planning elements, including the scope statement and the scope management plan.
scope management plan
Defines the process for preparing the scope statement and the WBS. This also documents the process that manages project scope and changes to project
scope
scope planning
The process of defining the scope management plan, the scope statement,
and the WBS and WBS dictionary.
scope statement
Documents the product description, key deliverables, success and acceptance criteria, key performance indicators, exclusions, assumptions, and constraints. The scope statement is used as a baseline for future project decisions
scope verification
A process that concerns formally accepting the deliverables of the project and obtaining sign - off that they’re complete.
scoring model
One of the benefit measurement methods used for project selection. It contains a predefined list of criteria against which each project is ranked. Each criterion has
a scoring range and a weighting factor. A scoring model can also be used as a tool to select from among competing vendors