PMP DEFINITIONS Flashcards
EV DEFINITION
EARNED VALUE =BCWP (BUDGETED COST OF WORK PERFORMED
PV DEFINITION
PRESENT VALUE = BCWS (BUDGETED COST OF WORK SCHEDULE)
AC DEFINITION
ACTUAL COST = ACWP (ACTUAL WORK PERFORMED)
SPI DEFINITION
SCHEDULE PERFORMANCE INDEX
CV DEFINITION
COST VARIANCE
SV DEFINITION
SCHEDULE VARIANCE
BAC DEFINITION
BUDGET AT COMPLETION
CPI DEFINITION
COST PERFORMANCE INDEX
EAC DEFINITION
ESTIMATE AT COMPLETION
VAC DEFINITION
VARIANCE AT COMPLETION
MONTE CARLO TECHNIQUE
P. 180
FORECASTING METHOD
HOW AND WHY DIAGRAMS
PARETO CHARTS
P.325
USED FOR QUALITY MANAGEMENT
ENTERPRISE ENVIRONMENTAL FACTORS
CONDITIONS NOT UNDER THE CONTROL OF THE PROJECT TEAM THAT INFLUENCE, CONSTRAINT OR DIRECT THE PROJECT.
WHAT IS A “PROCESS
INTERRELATED ACTIONS/ACTIVITIES PERFORMED TO ACHIEVE A PRE-SPECIFIC PRODUCT OR SERVICE
CONFIDENCE INTERVAL
RANGE OF ESTIMATE GIVEN AS A PERCENTAGE
TOTAL FLOAT
EARLY STATE + LATE START OR EARLY FINISH DATE AND LATE FINISH DATE
HERZBERG’S MOTIVATION-HYGIENE THEORY
MOTIVATIONAL FACTORS GIVE POSITIVE SATISFACTION ARISING FROM THE CONDITION OF THE JOB ITSELF.
RECOGNITION
ACHIEVEMENT
PERSONAL GROWTH.
CRITICAL CHAIN METHOD
USED TO PLACE BUFFERS IN THE PROJECT SCHEDULE TO ACCOUNT FOR LIMITED RESOURCES AND PROJECT UNCERTANTIES
P. 178
CRITICAL PATH METHOD
WHEN THERE ARE NO RESOURCE LIMITATIONS. THIS METHOD CALCULATES THE EARLY START AND FINISH DATES/LATE START AND FINISH DATES.
HARD LOGIC
IN DEVELOP SCHEDULE PROCESS
=MANDATORY DEPENDENCIES
SCHEDULE DATA
COLLECTION OF INFORMATION FOR DESCRIBING AND CONTROLLING THE SCHEDULE, SCHEDULE MILESTONES, ACTIVITIES AND ACTIVITY ATTRIBUTES
FAST TRACKING
IMPACTS FUNDS
PARALLEL ACTIVITIES
PROJECT EXPEDITER
CAN RUN THE PROJECT TEAM BUT CANNOT MAKE OR ENFORCE ANY IMPORTANT PROJECT DECISIONS.
WORKS AS A COMMUNICATION COORDINATOR
PROJECT CHARTER
CREATED IN THE “INITIAL” STAGES OF THE PROJECT
BUSINESS CASE
AN INPUT TO THE DEVELOP PROJECT CHARTER.
PROJECT CHARTER CANNOT BE USED AS A SUBSTITUTE FOR THE BUSINESS CASE
PLAN-DO-CHECK-ACT
ASSOCIATED WITH DEMING.
P.229
BALANCED MATRIX
FUNCTIONAL AND PM CONTROL PROJECT BUDGET
REFERENT POWER
INDIVIDUAL POWER OVER THE TEAM OR FOLLOWERS
CONFIGURATION CONTROL FOCUS
FOCUSES ON THE SPECIFICATION OF BOTH THE DELIVERABLES AND PROCESSES
CHANGE CONTROL FOCUS
IDENTIFYING, DOCUMENTING AND CONTROLLING CHANGES TO THE PROJECT AND PRODUCT BASELINES
DESIGN OF EXPERIMENTS METHOD
IDENTIFIES WHICH FACTORS MAY INFLUENCE SPECIFIC VARIABLES OFA PRODUCT OR PROCESS UNDER DEVELOPMENT OR IN PRODUCTION.
SHOULD BE USED DURING THE PLAN QUALITY PROCESS TO DETERMINE THE NUMBER AND TYPE OF TESTS AND THEIR IMPACT OF COST OF QUALITY
NOMINAL GROUP TECHNIQUE
ALLOW IDEAS TO BE BRAINSTORM IN SMALL GROUPS THEN REVIEWED BY LARGER GROUPS
FORCE FIELD ANALYSIS
DIAGRAMS OF THE FORCES FOR OR AGAINST CHANGE
TRIPLE CONSTRAINTS
SCOPE, SCHEDULE, COST
AFFECTS QUALITY
CONTROL CHARTS
USED TO DETERMINE WHETHER OR NOT A PROCESS IS STABLE OR PREDICTABLE PERFORMANCE. UPPER AND LOWER SPECIFICATION LIMITS ARE BASED ON REQUIREMENTS THAT ARE DEFINED IN THE CONTRACT. THEY REFLECT THE MAX AND MIN. VARIATIONS ALLOWED.
PARETO CHART
ONLY ALLOW YOU TO DISPLAY YOUR CAUSES SORTED BY FREQUENCY BUT IS NO HELP IN IDENTIFYING THE EFFECTS
HISTOGRAM
VERTICAL BAR CHART SHOWING HOW OFTEN A PARTICULAR EVENT OCCURS
FISHBONE DIAGRAM
CAUSE AND EFFECT DIAGRAM
ALSO KNOWN AS THE ISHAWAKA DIAGRAM
PARKINSON’S LAW
WORK EXPANDS SO AS TO FILL THE TIME AVAILABLE FOR ITS COMPLETION.
CRITICAL CHAIN METHOD TAKES PARKINSON’S LAW AND SEVERAL OTHER HUMAN BEHAVIOUR THEORIES INTO CONSIDERATION AND OFFERS AN ALTERNATIVE SCHEDULING METHOD USING BUFFERS INSTEAD OF LEADS AND LAGS.
SCOPE BASELINE
IT IS AN INPUT TO THE DEFINE ACTIVITIES PROCESS.
DELIVERABLES, CONSTRAINTS AND ASSUMPTIONS ARE CONSIDERED PART OF THE SCOPE BASELINE
FREE FLOAT
THE AMOUNT OF TIME THAT AN ACTIVITY CAN BE DELAYED WITHOUT DELAYING THE EARLY START DATE OF ANY IMMEDIATE SUCCESSOR ACTIVITY.
SCOPE CREEP
UNCONTROLLED CHANGES IN A PROJECT
PERFORMANCE MEASUREMENTS BASELINE
SCOPE, SCHEDULE AND COST BASEILINES ARE COMBINED INTO THIS MEASUREMENT
DURATION BUFFERS
ARE NON-WORK SCHEDULE ACTIVITIES
USED TO PROTECT THE TARGET FINISH DATE FROM SLIPPAGE ALONG THE CRITICAL CHAIN
PROCESS IMPROVEMENT PLAN
CONTINS PROCESS CONFIGURATION AN PROVIDES A GRAPHIC DEPICTION OF PROCESSES, WITH INTERFACES IDENTIFIED, USED TO FACILITATE ANALYSIS.
Keywords for INITIATING PROCESS
- use “develop” for Project Charter only
* Identify
Keywords for PLANNING PROCESS
plan use "develop" for Project Management PLAN only define create Estimate Sequence activities Identify perform qualitative RISK Peform Quantitave RISK
Keywords for EXECUTING PROCESS
Direct Manage perform Quality assurance acquire conduct coordinating integrating
Keywords for MONITORING AND CONTROLLING PROCESS
Monitor Control validate control Perform with only Integrated changes Track Review Reporting the progress and performance Measuring distributing assessing
