PMBOK Glossary Flashcards
Acceptance Criteria
A set of conditions that is requied to be met before deliverables are accepted.
Accuracy
Within the quality management system, accuracy is an assessment to correctness.
Activity List
A documented tabulation of schedule activities that shows the activity description, activity identifier, and a sufficiently detailed scope of work description so project team members understand what work is to be performed.
AC
Actual Cost
The realized cost incurred for the work performed on an activity during a specific time period.
Adaptive Approach
A developmental approach, in which the requirements are subject to a high level of uncertainty and voltality and are likely to change throughtout the porject.
Affinity Diagram
A diagram that shows large numbers of ideas classified into groups for review and analysis.
Affinity Grouping
The process of classifying items into similar categories or collections on the basis of their likeness.
Agile
A term used to descibe a mindset of values and principles as set forth in the Agile Manifesto.
Alternative Analysis
A method used to evaluate identified options in order to select the options or approaches to use to perform the work of the project.
Ambiguity
A state of being unclear, having difficulty in identifying the cause of events, or having multiple options from which to choose.
Analogous Estimating
A method for estimating the duration or cost of an activity or a project using historical data from a similar activity or project.
Aritfact
A template, document, output, or project deliverable.
Assumption
A factor in the planning process that is considered to be true, real, or certain, without proof of demonstration.
Assumption and Constraint Analysis
An assessment tha ensures assumptions and constraints are integrated into the project plans and douments, and that there is consistency among them.
Assumption Log
A project document used to record all assumptions and constraints throughout the project.
Authority
The right to apply project resources, expend funds, make decisions, or give approvals.
Backlog
An ordered list of work to be done.
Backlog Refinement
Progressive elaboration of the content in the backlog and (re)prioritizationof it to identify the work that can be accomplished in an upcoming iteration.
Baseline
The approved version of a work product, used as a basis for comparison to actual results.
Basis of Estimates
Supporting documetation outlining the details used in establishing project estimates such as assumptions, constraints, level of detail, ranges, and confidence levels.
Benchmarking
The comparison of actual or planned products, processes, and practices to those of comparable organizations to identify best practices to those of comparable organizations to identify best practices, generate ideas for improvement, and provide a basis for measuring performance.
Bid Documents
All documents used to solicit information, quotations, or proposals from prospective sellers.
Bidder Conference
The meetings with prospective sellers prior to the preparation of a bid or proposal to ensure all prospective vendors have a clear and common understanding of the procurement. Also known as contractor conferences, vendor confrences, or pre-bid confrences.
Blocker
See impediment.
Budget
The approved estimate for the project or any WBS (work breakdown structure) component or any scheduled activty.
BAC
Budget at Completion
The sum of all budgest established for the work to be performed.
Burn Chart
A graphical representation of the work remaining in a timebox or the work completed toward the release of a product or project deleverable.
Business Case
A value proposition for a proposed project that may include financial and nonfinancil benefits.
Business Model Canvas
A one-page, visual summary that describe the value proposition, infrastructure, customers, and finances. These are often used in Lean Startup situations.
Business Value
The net quantifiable benefit derived from a business endeavor that may be tangible, intangible, or both.
Cadence
A rythm of activities conducted throughtout the project.
Cause-and-Effect Diagram
A visual representation that helps trace an undesirable effect back to its root cause.
Change
A modification to any formally controlled deliverable, project management plan component, or project document.
Change Control
A process whereby modifications to documents, deliverables, or baselines associated with the project are identified, documented, approved, or rejected.
CCB
Change Contol Board
A formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project, and for recording and communicating such decisions.
Change Control Plan
A component of the project management plan that establishes the change control board, documents the extent of its authority, and describes how the change control system will be implemented.
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.
Stakeholder Analysis
A method of systematically gathering and analyzing quantities and qualitative information to determine whose interest should be taken into account throughout the project.
Change Control System
A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled.
Change Log
A comprehensive list of changes submitted during the project and their current status.
Change Management
A comprehensive, cyclic, and structured approach for transititioning individuals, groups, and organizations from a current state to a future state with intended business benefits.
Change Request
A formal proposal to modify a document, deliverable, or baseline.
Charter
See project charter.
Check Sheet
A tally sheet that can be used as a checklist when gathering data.
Closing Process Group
The process(es) performed to formally complete or close a project, phase, or contract.
Communications Management Plan
A component of the project, program, or portfolio management plan that describes how, when, and by whom infomration about the project will be administered and disseminated.
Complexity
A characteristic of a program or project or its environment that is difficult to manage due to human behavior, system behavior, and ambiguity.
Confirmation Bias
A type of cognitive bias that confirms preexisting beliefs of hypotheses.
Conformance
The degree to which the results meet the set quality requirements.
Constraint
A limiting factor that affects the execution of a project, program, portfolio, or process.
