PMP Definitions

Question 0

Program

Answer 0

A program is a group of related projects, sub programs or other work coordinated together and managed in a coordinated fashion to support the portfolio.

Question 1

Portfolio

Answer 1

A portfolio is a collection of projects programs, subportfolios and operations managed as a group to achieve strategic objectives.

Question 3

Project management

Answer 3

The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

Question 5

Baseline

Answer 5

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.

Question 6

Organizational process assets

Answer 6

Plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization.

Question 7

Enterprise environmental factors

Answer 7

Conditions, not under the immediate control of the team, that influence, constrain, or direct the project, program or portfolio.

Question 8

Progressive Elaboration

Answer 8

The iterative process of increasing the level of detail in a project management plan as greater amounts of information and more accurate estimates become available.

Question 9

Project

Answer 9

A project is a temporary (finite) endeavor undertaken to create a unique product, service, or result.