Terms Flashcards
Accuracy
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
Assessment of correctness.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
Agile
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
An adaptive project approach that focuses on small pieces of a solution for analysis, design, development, and testing that allows for frequent, small releases of solution functionality based on feature priority.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
Analogous Estimating
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
A technique using past projects that are similar to forecast hours and/or costs. It is typically used in the early stages of a project when there may not be a great deal of information available.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
Assessment
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
A generic term to describe evaluating, analyzing, or estimating the quality or ability of someone or something.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
Three-Point Estimates
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
PERT or a simple average of three estimates (optimistic, most likely, pessimistic) can be used to provide an estimate
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
Baseline
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
An established boundary of approved requirements against which requirements changes are compared. Each time requirements are approved, they are baselined.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
Benchmarking (aka Research)
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
To compare organizational practices against the best-in-class practices that exist within competitor enterprises in government or industry.
To determine how companies achieve their superior performance levels and use that information to design projects to improve operations of the enterprise. Focused on strategies, operations, and processes.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 379
Bottom-Up Estimating
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Method of estimating duration or cost for the lowest-level components of the WBS and then aggregating or “rolling up” the individual estimates into higher levels.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Business Analysis
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
The evaluation of an organization’s needs - followed by the identification and management of requirements - to realize a solution. In short, it is the discipline of working with stakeholders to define an organization’s requirements in order to shape the output of projects and ensure that expected business benefits are delivered. Source: PMI-PBA FAQ
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Business Analyst
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
A person who conducts business analysis activities regardless of their job title or role.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Business Case
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
A document that describes the necessary information from a business standpoint to determine whether or not the project is worth the investment.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Business Opportunity
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Describes an opportunity that will add value to the business.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Business Problem
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Describes a situation that is hindering a business from achieving maximum value.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Business Requirement
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Describes the higher-level needs of the organization and provides the rationale for a new project, including business:
- Goals and objectives
- Problems to be solved
- Opportunities to be exploited
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Business Rule Catalog
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
A document containing a complete list of business rules and related attributes. The catalog can be used as reference for related requirements.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Cause and Effect Diagram (aka Fishbone or Ishikawa diagram)
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
A type of flowchart that helps organize thinking about a problem and diagnose cause and effect to discover root cause. Can be used in conjunction with the “Five Why’s” tool.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Checksheet
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Used to collect sampling results information about defects which then may be further analyzed using a Pareto diagram
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 380
Communication Plan
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
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.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
Consensus Building
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
A general term for getting a group to generally agree. Many specific techniques (further described in Decision Making) may help lead to group consensus.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
Context Diagram
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
A diagram that allows the business analyst to clearly show the boundary of the system, the users (both human and other systems), and the high-level data provided by the system and to the system. A context diagram is only a high-level view; but when supported by detailed data definitions, it is an excellent tools for communicating part of the project scope to stakeholders.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
Contingency Planning
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
The outcome of analyzing the risks to a product and the planned response if the risk becomes a reality. May also resulting schedule and budget reserves by determining the likelihood and impact of a risk occurring. The likelihood (%) is multiplied by the impact ($) to determine an appropriate reserve amount.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
Control Chart
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
A chart used to determine whether or not a process is stable or has predictable performance (typically) over time by measuring output variables representing repetitive activities. Control charts can be used for both project and product life cycle processes.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
Cost-Benefit Analysis
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
The study of the cost versus the benefits that an organization will receive for a particular solution. This is useful in selecting projects for investment that will yield the greatest financial benefit for the organization.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
CRUD Matrix
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381
A matrix used to cross check the data and processes to ensure a process is in place to create, read, update, and delete every entity. The matrix helps spot gaps. Is also helpful in documenting user permissions in a system.
E. Larson, A. Brockmeier & R. Larson, PMI-PBA Certification Study Guide, 2018, Page 381