PMBOK Vocabulary Flashcards
Acceptance Criteria
A set of conditions that is required to be met before deliverables are accepted.
Accepted Deliverables
Products, Results, or capabilities produced by a project and validated by the project customer or sponsors as meeting their specified acceptance criteria
Accuracy
Within the quality management system, accuracy is an assessment of correctness
Acquire Resources
The process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work
Acquisition
Obtaining human and material resources necessary to perform activities. Acquisition implies a cost of resources, and is not necessarily financial
Activity
A distinct, scheduled portion of work performed during the course of a project
Activity Attributes
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 lags, resource requirements, imposed dates, constraints, and assumptions.
Activity Duration
The time in calendar units between the start and finish of a schedule activity
Activity Duration Estimates
The quantitative assessments of the likely number of time periods that are required to complete and activity
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.
Activity-on-Node (AON)
project management term that refers to a precedence diagramming method which uses boxes to denote schedule activities. These various boxes or “nodes” are connected from beginning to end with arrows to depict a logical progression of the dependencies between the schedule activities. Each node is coded with a letter or number that correlates to an activity on the project schedule. FINISH to START
Actual Cost (AC)
the realized cost incurred for the work performed on an activity during a specific time period.
Actual Duration
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.
Adaptive Life Cycle
A project life cycle that is iterative or inceremental
Affinity Diagrams
A technique that allows large numbers of ideas to be classified into groups for review and analysis
Agreements
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
Alternative Analysis
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
Analogous Estimating
A technique for estimating the duration or cost of an activity or a project using historical data from a similar activity or project.
Analytical Techniques
Various techniques used to evaluate, analyze, or forecast potential outcomes based on possible variations of project or environmental variables and their relationships with other variables.
Assumption
A factor in the planning process that is considered to be true, real, or certain, without proof of demonstration
Assumption Log
A project Document used to record all assumptions and constraints throughout the project life cycle
Attribute Sampling
Method of measuring quality that consists of noting the presence (or absence) of some characteristic (attribute) in each of the units under consideration.
Authority
the right to apply project resources, expend funds, make decisions, or give approvals
backward pass
a critical path method technique for calculating the late start and the late finish dates by working backward through the schedule model from the project end date
Bar Chart
A 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 activity durations are shown across the top, and the activity durations are shown as date-place horizontal bars. See also Gantt chart
Baseline
The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.
Basis of Estimates
Supporting documentation outlining the details used in establishing project estimates such as assumptions, constraints, level of details, ranges, and confidence levels
Basis of Estimates
Supporting documentation 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, generate ideas for improvement, and provide a basis for measureing performance.
Benefits Management Plan
The documented explanations defining the process for creating, maximizing and sustaining the benefits provided by a project or program
Bid Documents
All documents used to solicit information, quotations, or proposals from prospective sellers
Bidder Conference
The meetings with prospective sellers prior to the preparations 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 conferences, or pre-bid conferences.
Bottom-Up Estimating
A method of estimating project duration or cost by aggregating the estimates of the lower-level components of the work breakdown structure (WBS)
Budget
The approved estimate for the project or any work breakdown structure component or any schedule activity
Budget at Completion (BAC)
The sum of all budgets established for the work to be performed
Buffer
A buffer gives project managers a leeway when unforeseen events occur and is often associated with scheduling in project management. A buffer can be temporal, financial or qualitative in nature, i.e. you have additional time, money or people available for difficult project phases. Buffers can be assigned either to the whole project or to individual activities (work packages).
Business Case
A documented economic feasibility study used to establish validity of the benefirts of a selected component lacking sufficient definition and that is used as a basis for the authorization of further project management activities.
Business Value
The net quantifiable benefit derived from a business endeavor. The benefit may be tangible, intangible, or both
Cause and Effect Diagram
A decomposition Technique 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
Change Control System
A set of procedures that describes how modifications to the project deliverables and documentation are managed and controlled
Change Controlled Board
A formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project, and for the recording and communicating such decisions
Change Control Tools
Manual or automated tools to assist with change and/or configuration management. At a minimum the tools should support the activities of the CCB
Change Log
A comprehensive list of changes submitted during the project and their current status.
Change Management 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
Change Request
A formal proposal to modify a document, deliverable, or baseline.
Checklist Analysis
A technique for systemically reviewing materials using a list for accuracy and completeness
Check Sheet
A tally sheet that can be used as a checklist when gathering data.
Claim
A request, demand, or assertion of rights by a seller against a buyer, or vice versa, for consideration, compensation, or payment under the terms of a legally binding contract, such as for a disputed charge.
Claims Administration
The process of processing, adjudicating, and communicating contract claims.
Close Project or Phase
The process of finalizing all activities for the project, phase, or contract
Closing Process Group
The process(es) performed to formally complete or close a project, phase, or contract
Code of Accounts
A numbering system used to uniquely identify each component of the work breakdown structure (WBS)
Collect Requirements
The process of determining, documenting, and managing stakeholder needs and requirements to meet project objectives
Colocation
An organizational placement strategy where the project team members are physically located close to one another in order to improve communication, working relationships, and productivity
Communication Methods
A systematic procedure, technique process used to transfer information among project stakeholders
Communication Models
A description, analogy, or schematic used to represent how the communication process will be performed for the project
Communication Requirements Analysis
An analytical technique to determine the information needs of the project stakeholders through interview, workshops, study of lessons learned from previous projects, etc
Communications Management Plan
A component of the project, program, or portfolio management plan that describes how, when, and by whom information about the project will be administered and disseminated
Communication Styles Assessment
A technique to identify the preferred communication method, format, and content for stakeholders for planned communication activities
Communication Technology
Specific tools, systems, computer programs, etc used to transfer information among project stakeholders
Conduct Procurements
The process of obtaining seller responses, selecting, and awarding a contract
Configuration Management Plan
A component of the project management plan that describes how to identify and account for project artifacts under configuration control, and how to record and report changes to them
Configuration Management System
A collection of procedures used to track project artifacts and monitor and control changes to these artifacts
Conformance
Within the quality management system, conformance is a general concept of delivering results that fall within the limits that define acceptable variation for a quality requirement
Constraint
A limiting factor that affects the execution of a project, program, portfolio, or process
Context Diagrams
A visual depiction of the product scope showing a business system (process, equipment, computer, system, etc) and how people and other systems (actors) interact with it
Contingency
An event or occurrence that could affect the execution of the project that may be accounted for with a reserve
Contingency Reserve
Time or money allocated in the schedule or cost baseline for known risks with active response strategies
Contingent Response Strategy
Responses provided which may be used in the event that a specific trigger occurs
Contract
A contract is a mutually binding agreement that obligates the seller to provide the specified product or service or result and obligates the buyer to pay for it
Contract Change Control System
The system used to collect, track, adjudicate, and communicate changes to a contract
Control
Comparing actually performance with planned performance, analyzing variances, assessing trends to effect process improvements, evaluating possible alternatives, and recommending appropriate corrective action as needed
Control Account
A management control point where scope, budget, actual cost, and schedule are integrated and compared to earned value for performance measurement
Control Chart
A graphic display of process data over time and against established control limits, which has a centerline that assists in detecting a trend of plotted values toward either control limit.
Control Costs
The process of monitoring the status of the project to update the project costs and manage changes to the cost baseline
Control limits
The area composed of three standard deviations on either side of the centerline or mean of a normal distribution of data plotted on a control chart which reflects the expected variation in the data
Control Procurements
The process of managing procurement relationships, monitoring contract performance, making changes and corrections as appropriate, and closing out contracts
Control Quality
the process of monitoring and recording results of executing the quality management activities to assess performance and ensure the project outputs are complete, correct, and meet customer expectations
Control resources
The process of ensuring that the physical resources assigned and allocated to the project are available as planned, as well as monitoring the planned versus actual utilization of resources and performing corrective action as necessary
Control Schedule
The process of monitoring the status of the project to update the project schedule and manage changed to the schedule baseline
Control Scope
The process of monitoring the status of the project and product scope and managing changes to the scope baseline
Corrective Action
An intentional activity that realigns the performance of the project work with the project management plan
Cost Aggregation
Summing the lower-level cost estimates associated with the various work packages for a given level within the project’s WBS of for a given cost control account
Cost Baseline
The approved version of the time-phased project budget, excluding any management reserves, which can be changed only through formal change control procedures and is used as a basis for comparison to actual results
Cost-Benefit Analysis
A financial analysis tool used to determine the benefits provided by a project against its costs
Cost-Management Plan
A component of a project or program management plan that describes how costs will be planned, structured, and controlled
Cost of Quality (CoQ)
All costs incurred over the life of the product by investment in preventing nonconformance to requirements, appraisal for the product or service for conformance to requirements
Cost Performance index (CPI)
A measure of the cost efficiency of budgeted resources expressed as the ratio of earned value to actual cost
Cost Plus Award Fee Contract (CPAF)
A category of contract that involves payments to the seller for all legitimate actual costs incurred for completed work, plus an award fee representing seller profit
Cost Plus Fixed Fee Contract (CPFF)
A type of cost-reimbursable contract where the buyer reimburses the seller for the seller’s allowable costs (allowable costs are defined by the contract) Plus a fixed amount of profit (fee)
Cost Plus Incentive Fee Contract (CPIF)
A type of cost-reimbursable contract where the buyer reimburses the seller for the seller’s allowable costs (allowable costs are defined by the contract) and the seller earns its profit if it meets define performance criteria
Cost-reimbursable Contract
A type of contract involving payment to the seller for the seller’s actual costs, plus a fee typically representing the seller’s profit
Cost Variance (CV)
the amount of budget deficit or surplus at a given point in time, expressed as the difference between the earned value and the actual cost
Crashing
A technique used to shorten the schedule duration for the least incremental cost by adding resources
Create WBS
the process of subdividing project deliverables and project work in to smaller, more manageable components
Criteria
Standards, rules, or tests on which a judgement or decision can be based or by which a product, service, result, or process can be evaluated
Critical Path
The sequence of activities that represents the longest path through a project which determines the shortest possible duration
Critical Path Activity
Any activity on the critical path in a project schedule
Critical Path Method (CPM)
A method used to estimate the minimum project duration and determine the amount of schedule flexibility on the logical network paths within the schedule model
Data
Discrete, unorganized, unprocessed measurements or raw observations
Data Analysis Techniques
Techniques used to organize assess and evaluate data and information
Data Date
A point in time when the status of the project is recorded
Data Gathering Techniques
Techniques used to collect data a information from a variety of sources
Data Representation Techniques
Graphic representations or other methods used to convey data and information
Decision-Making Techniques
Techniques used to select a course of action from different alternatives
Decision Tree Analysis
A diagramming and calculation technique for evaluating the implications of a chain of multiple options in the presence of uncertainty
Decomposition
A Technique used for dividing and subdividing the project scope and project deliverables into smaller more manageable parts
Defect
An imperfection or deficiency in a project component where that component does not meet its requirements or specifications and needs to be either repaired or replaced
Defect Repair
An intentional activity to modify a nonconforming product or product component
Define Activities
The process of identifying and documenting the specific actions to be performed to produce the project deliverables
Define Scope
The process of developing a detailed description of the project and product
Deliverable
Any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project
Dependency
Max Wideman’s Glossary defines as the “relationships between products or tasks”, i.e. tasks that require input from other tasks to be completed, or activities that can’t start until a previous activity is done. There are often several sequences to a task, and they’re all dependent on each other. The scope of a project requires these tasks to be completed in order.
Determine Budget
The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline
Development Approach
The method used to create and evolve the product, service, or result during the project life cycle, such as predictive, iterative, incremental, agile. or hybrid method
Develop Project Charter
The process of developing a document that formally authorizes the existence of a project and provided the project manager with the authority to apply organizational resources to project activities
Develop Project Management Plan
The process of defining, preparing, and coordinating, all plan components and consolidating them into an integrated project management plan.
Develop Schedule
The process of analyzing activity sequences, durations, resource requirements, and schedule constraints to create the project schedule model for project execution and monitoring and controlling
Develop Team
The process of improving competences, team member interaction, and overall team environment to enhance project performance
Diagramming Techniques
Approaches to presenting information with logical linkages that aid in understanding
Direct and Manage Project Work
The process of leading and performing the work defined in the project management plan and implementing approved changes to achieve the project’s objectives
Discrete Effort
An activity that can be planned and measured and that yields a specific output [Note: Discrete effort is one of three earned value management (EVM) types of activities used to measure work performance]
Discretionary Dependency
A relationship that is established based on knowledge of best practices within a particular application area or an aspect of the project where a specific sequence is desired
Documentation Reviews
The process of gathering a corpus of information and reviewing it to determine accuracy of completeness
Duration
The total number of work periods required to complete an activity or work breakdown structure component expressed in hours, days, or weeks. Contrast with effort
Early finish Date (EF)
In the critical path method, the earlies possible point in time when the uncompleted portions of a schedule activity can finish based on the schedule network logic, the data date, and any schedule constraints
Early Start Date (ES)
In the critical path method, the earliest possible point in time when the uncompleted portions of a schedule activity can start based on the schedule network logic, the data date, and any schedule constraints
Earned Value (EV)
The measure of work performed expressed in terms of the budget authorized for that work
Earned Value Management
A methodology that combines scope, schedule, and resource measurement to assess project performance and progress
Effort
The number of labor units required to complete a schedule activity or work breakdown structure component often expressed in hours, days, or weeks. Contrast with duration
Emotional Intelligence
The ability to identify, assess, and manage the personal emotions of oneself and other people, as well as the collective emotions of groups of people
Enterprise Environmental Factors
Conditions, not under the immediate control of the team, that influence, constrain, or direct the project, program or portfolio
Estimate
A quantitative assessment of the likely amount or outcome of a variable, such as project costs, resources, effort, or durations
Estimate Activity Duration
The process of estimating the number of work periods needed to complete the individual activities with the estimated resources
Estimate Activity Resources
The process of estimating team resources and the type and quantities of material, equipment, and supplies necessary to perform project work
Estimate at Completion (EAC)
The expected total cost of completing all work expressed as the sum of the actual cost to date and the estimate to complete
Estimate Costs
The process of developing an approximation of the monetary resources needed to complete project work
Estimate to Complete (ETC)
The expected cost to finish all of the remaining project work.
Execute
Directing, managing, performing, and accomplishing the project work; providing the deliverables; and providing work performance information
Executing Process Group
Those processes performed to complete the work defined in the project management plan to satisfy the project requirements
Expert Judgement
Judgement provided based upon expertise in an application area, knowledge area, discipline, industry, etc., as appropriate for the activity being performed. Such expertise may be provided by any group or person with specialized education, knowledge, skill, experience, or training.
Explicit Knowledge
Knowledge that can be codified using symbols such as words, numbers, and pictures.
External Dependency
A relationship between projec activities and non-project activities.
Fallback Plan
An alternative set of actions and tasks available in the even that the primary plan needs to be abandoned because of issues, risks or other causes
Fast Tracking
A schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration.
Fee
Represents profit as a component of compensation to a seller
Finish Date
A point in time associated with a schedule activity’s completion. Usually qualified by one of the following actual, planned, estimated, scheduled, early, late, baseline, target, or current
Finish-to-Finish (FF)
A logical relationship in which a successor activity cannot finish until a predecessor activity has finished.
Finish-to-start (FS)
A logical relationship in which a successor activity cannot start until a predecessor activity has finished
Firm fixed Price Contract (FFP)
A type of fixed price contract where the buyer pays the seller a set amount (as defined by the contract),regardless of the seller’s cost.
Fishbone Diagram
The fishbone diagram or Ishikawa diagram is a cause-and-effect diagram that helps managers to track down the reasons for imperfections, variations, defects, or failures.
Fixed-Price Contract
An agreement that sets the fee that will be paid for a defined scope of work regardless of the cost or effort to deliver it.
Fixed-Price Incentive Fee Contract (FPIF)
A type of contract where the buyer pays the seller a set amount (as defined by the contract) and the seller can earn an additional amount if the seller meets defined performance criteria
Fixed Price with Economic Price Adjustment Contract (FPEPA)
A fixed-price contract, but with a special provision showing for predefined final adjustments to the contract price due to changed conditions, such as inflation changes, or cost increases (or decreases) for specific commodities.
Float
Also called slack. In project management, float or slack is the amount of time that a task in a project network can be delayed without causing a delay to:
subsequent tasks ("free float") project completion date ("total float").
Flowchart
The depiction in a diagram format of the inputs, process actions, and outputs of one or more processes within a system
Focus Groups
An elicitation technique that brings together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product, service, or result
Forecast
An estimate or prediction of conditions and events in the project’s future based on information and knowledge available at the time of the forecast
Forward Pass
A critical path method technique for calculating the early start and early finish dates by working forward through the schedule model from the project start date or given point in time.
Free Float
The amount of time that a schedule activity can be delayed without delaying the early start date of any successor or violating a schedule constraint
Functional Organization
An organizational structure in which staff is grouped by areas of specialization and the project manager has limited authority to assign work an apply resources
Funding Limit Reconciliation
The process of comparing the planned expenditure of project funds against any limits on the commitment of funds for the project to identify any variances between the funding limits and the planned expenditures
Gantt Chart
A bar chart of schedule information where activities are listed on the vertical axis, dates are shown on the horizontal axis, and activity durations are shown as horizontal bars places according to start and finish dates
Grade A
A category or rank used to distinguish items that have the same functional use but do not share the same requirements for quality
Ground Rules
Expectations regarding acceptable behavior by project team members
Histogram
A bar chart that shows the graphical representation of numerical data
Historical Information
Documents an data on prior projects including project files, records, correspondence, closed, contracts, and closed projects
Identify Risks
The process of identifying individual risks as well as sources of overall risk and documenting their characteristics
Identify Stakeholders
The process of identifying project stakeholders regularly and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success
Implement Risk Reponses
The process of implementing agreed-upon risk response plans
Imposed Date
A fixed date imposed on a schedule activity or schedule milestone, usually in the form of a “start no earlier than” and “finish no later than” date
Incentive Fee
A set of financial incentives related to cost, schedule, or technical performance of the seller
Incremental Life Cycle
An adaptive project life cycle in which the deliverable is produced through a series of iterations, that successively add functionality within a predetermined time frame. The deliverable contains the necessary and sufficient capability to be considered to complete only after the final iteration
Independent Estimates
A process of using a third party to obtain and analyze information to support the prediction of cost, schedule, or other items
Influence Diagram
A graphical representation of situation showing causal influences, time ordering of events, and other relationships among variables and outcomes
Information
Organized or structured data, processed for a specific purpose to make it meaningful, valuable, and useful in specific contexts
Information Management Systems
Facilities, processes, and procedures used to collect, store, and distribute information between producers and consumers of information in physical or electronic format.
Initiating Process Group
Those processes performed to define a new project or a new phase of an existing project by obtaining authorization to start the project of phase
Input
any item whether internal or external to the project, which is required by a process before that process proceeds. May be an output from a predecessor process
Inspection
Examination of a work product to determine whether it conforms to documented standards
Interpersonal and Team skills
Skills used to effectively lead and interact with team members and other stakeholders.
Interpersonal skills
Skills used to establish and maintain relationships with other people
Interviews
A forma or informal approach to elicit information from stakeholders by talking to them directly