PMI Study Hall Flash Cards

Question 1

Critical Path

Answer 1

The sequence of activities that represents the longest path through a project, which determines the shortest possible duration

Question 2

Contract

Answer 2

A mutually binding agreement that obligates the seller to provide the specified product, service, or result and obligates the buyer to pay for it

Question 3

Cause and Effect Diagram

Answer 3

A visual representation that helps trace an undesirable effect back to its root cause

Question 4

Accuracy

Answer 4

Within the quality management system, it is an assessment of correctness

Question 5

Activity List

Answer 5

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

Question 6

Actual Cost (AC)

Answer 6

The realized cost incurred for the work performed on an activity during a specific time period

Question 7

Adaptive Approach

Answer 7

A development approach in which the requirements are subject to a high level of uncertainty and volatility and are likely to change throughout the project

Question 8

Insert image

Affinity Diagram

Answer 8

A diagram that shows large numbers of ideas classified into groups for review and analysis

Difference between affinity dgm and grouping?

Question 9

Affinity Grouping

Answer 9

The process of classifying items into similar categories or collections on the basis of their likeness

Question 10

What’s the difference between affinity diagram and affinity grouping?

Answer 10

Affinity Diagram: Used toorganize large amounts of data or ideas into meaningful categories based on natural relationships
* Helps uncover hidden relationships and patterns.
Affinity Grouping: More general term that refers to the act of organizing items into categories based on some criteria.
* Focuses on categorization based on defined criteria.