PMP Student Manual Vocab

Question 1

A general guideline with many applications, it contends that a relatively large number of problems or defects, typically 80%, are commonly due to a relatively small number of causes, typically 20%.

Answer 1

80/20 Rule

Question 2

A marketing approach used to determine user preferences by showing different sets of users similar services with one independent variable.

Answer 2

AB Testing

Question 3

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

Answer 3

AC (Actual Cost)

Question 4

A strategy for managing negative risks or opportunities that involves acknowledging a risk and not taking any action until the risk occurs.

Answer 4

Accept

Question 5

A set of conditions that is required to be met before deliverables are accepted.

Answer 5

Acceptance Criteria

Question 6

A communication technique that involves acknowledging what you hear and clarifying the message to confirm hat what you heard matches the message that the sender intended.

Answer 6

Active Listening

Question 7

Multiple attributes associated with each schedule activity that can be included within the activity list.

Answer 7

Activity Attributes

Question 8

A logical relationship that exists between two project activities. The relationship indicates whether the start of an activity is contingent upon an event or input from outside the activity.

Answer 8

Activity Dependency

Question 9

The quantitative assessments of the likely number of time periods that are required to complete an activity.

Answer 9

Activity Duration

Question 10

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.

Answer 10

Activity List

Question 11

A distinct, scheduled portion of work performed during the course of a project.

Answer 11

Activity

Question 12

Involves verifying and documenting project results to formalize project or phase completion.

Answer 12

Administrative Closure

Question 13

A technique that allows large numbers of ideas to be classified into groups for review and analysis.

Answer 13

Affinity Diagram

Question 14

A project lifecycle that is iterative or incremental. Also referred to as change-driven or adaptive, they work well in environments with high levels of change and ongoing stakeholder involvement in a project.

Answer 14

Agile Lifecycles

Question 15

A project management methodology that uses an iterative and incremental approach that focuses on customer value and team empowerment. In agile project management, the product is developed in iterations by small and integrated teams.

Answer 15

Agile Project Management

Question 16

A process in which you determine the number of iterations or Sprints that are needed to complete each release, the features that each iteration will contain, and the target dates of each release.

Answer 16

Agile Release Planning

Question 17

Any documents or communication that defines the initial intentions of a project. Examples include contracts, memorandums or understanding (MOUs), service level agreements (SLAs), letters of agreement, letters of intent, verbal agreements, email, or other written agreements.

Answer 17

Agreements

Question 18

A technique for estimating the duration or cost of an activity on a project using historical data from a similar activity or project.

Answer 18

Analogous Estimating

Question 19

Change requests that have been reviewed and approved by the change control board (CCB) and are ready to be scheduled for implementation.

Answer 19

Approved Change Requests

Question 20

A process that explores the validity of the project assumptions within the constraints and identifies risks from any incompleteness or inaccuracy of these project assumptions.

Answer 20

Assumption and Constraint Analysis

Question 21

Data that is counted such as the number of product defects or customer complaints.

Answer 21

Attribute Sampling Data

Question 22

An examination of a project’s goals and achievements, including adequacy, accuracy, efficiency, effectiveness, and the project’s compliance with the applicable methodologies and regulations. It tends to be a formal, one-sided process that can be extremely demoralizing to team members.

Answer 22

Auditing

Question 23

Using this group decision-making method, one member of the group makes the decision. In most cases, this person will consider the larger group’s ideas and decisions and will then make a decision based on that input.

Answer 23

Autocratic

Question 24

A strategy for managing negative risks or threats that involves changing the project management plan to remove the risk entirely by extending schedule, changing the strategy, increasing the funding, or reducing the scope.

Answer 24

Avoid