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Project Management

TermDefinition
SMART Objectives- T.R. Anecdote Specific, Measurable, A_______, Reasonable, Timely
Project Management- T.R. Anecdote
Manager- T.R. Anecdote
Leader- T.R. Anecdote
Strategy- T.R. Anecdote Overall Goal
Tactics- T.R. Anecdote Specific Actions
Pareto Principle- - T.R. Anecdote 80 / 20 Rule Louis Pareto was a botanist, cross fertilization in genes, unpopular, scientifically, Peas pareto
Maslow's Heirarchy of Needs- T.R. Anecdote
Ishikawa Diagram - Fish Diagram- T.R. Anecdote
Delphi Greece, Delphi Technique- T.R. Anecdote Professors would get their students together and all the experts would sit around, address an issue, everyone would voice their opinion, and possibilities, and they'd have to go around and consensus why theirs was the best
McGregor (X, Y)- T.R. Anecdote
Tuckman (5 stages of team)- T.R. Anecdote
Salience Chart- T.R. Anecdote
Contract Types (FFP, CPAF...)- T.R. Anecdote
Demming- T.R. Anecdote
Maslow- T.R. Anecdote
Iron Triangle- - T.R. Anecdote Cost-Total Budget Schedule-Time we're going to do it in Scope-What we're trying to do
Magic Formulas- T.R. Anecdote
Change Control- T.R. Anecdote Formal process for changing anything in the plan
Page 25 of your PMBOK- Sequence of 49
Tools-MS Sharepoint- T.R. Anecdote Most Valuable per T.R.
Tools-Brightworks (subset of Sharepoint)- T.R. Anecdote Team App
Tools-MS Teams Team App
Zoom, Skype, WebEx, GoToMeeting, FreeConferenceCall, and FaceTime, Hangouts Virtual Communication Apps
JIRA Requirements, Defects and Test Control
Microsoft Project Schedule and EV
MS Excel Most Budgets and Calculations
Certified Associate in Project Management (CAPM)® certification PMI Agile Certified Practitioner (PMI-ACP)® cert PMI Professional in Business Analysis (PMI-PBA)® cert PMI Risk Management Professional (PMI-RMP)® cert PMI Scheduling Professional (PMI-SP
ITTO Inputs Tools Techniques Outputs
PMP Fundamentals
10 Knowledge Areas Integration, Scope, Schedule,
Process Groups
Integration
Scope
Schedule
Network Diagramming Exercise
Phases (Processes)
KA 1 - Integration tasks are exclusively PMs
KA 3 - Schedule Activities built out over time, we use
IRON TRIANGLE Scope Time Cost
PMI uses "Triangle" IRON TRIANGLE, Scope, Time, Cost to engineer X level of Quality "Cheap Fast, Right"
PROJECT, PROGRAM, PORTFOLIO Home, Neighborhood, City Store, Logistics/Purchasing, Collective
Deliverables Define your deliverable: Every deliverable, you have to make sure you SEE it on your schedule- EVERY LITTLE CABINET, drilled down. You'll never have something forgotten.
Definition of a Project A temporary endeavor undertaken to create a unique product, service , or result.
Definition of a Manager
Definition of a Leader
Accuracy The degree of correctness within a quality system
Acquire Resources The process of establishing the availability of resources, internal or external to the organization.
Acquisition Obtaining human and material resources for project activities
Activity A unique, scheduled segment of project work that typically has an associated cost, duration, and resources; sometimes called a task
Activity Attributes The characteristics of an activity that include activity codes, predecessor activities, successor activities, logical relationships, leads and lags, resource requirements, imposed dates, constraints, and assumptions
Activity Cost Estimates The projected cost of completing an activity
Activity Duration The span of time, expressed as calendar units, between a scheduled activity’s start and finish.
Activity Duration Estimate The projected duration of an activity
Activity Identifier A unique number or code used to identify an activity that is used to eliminate confusion with a similarly named activity
Activity List A listing of scheduled activities, with such details of a description, identifier, and scope of work, used to ensure that team members comprehend the work that will be performed during the project
Activity Network Diagrams A graphical representation of the interconnectivity of project activities
Activity Resource Requirements The determination of required resources for each work package and work period that are derived from the determination of required resources for each activity within the work package
Actual Cost (AC) The total cost accrued for an activity over a designated time period; also known as the actual cost of work performed (ACWP)
Actual Duration The amount of elapsed time between the start and finish of an activity
Adaptive Life Cycle The progression of project phases characterized by a willingness to embrace change and involving significant stakeholder interaction with a focus on the incremental release of work, typically every 2 to 4 weeks; uses fixed time and resources
Adjusting Leads and Lags A technique used to align project activities with their scheduled target dates
Advertising Any activity that results in positive attention to the project
Affinity Diagram A tool used to gather ideas and organize them into groupings so they can be reviewed and analyzed; typically used for ideas generated from brainstorming sessions
Aggressors A role with a negative attitude toward the project
Agreements A document or communication that defines the intentions of a project; examples include a contract, a memorandum of understanding (MOU), and letters of agreement
Alternative Analysis A technique used to evaluate project execution approaches
Alternatives Generation A technique used to create as many project execution approaches as possible
Analogous Estimating An estimation technique that relies on data (time, cost, resources needed) from a similar activity or project
Analogy Approach A methodology for establishing values for the current project based on those from a previous project with similar characteristics; values obtained from this method include activity duration, required resources, and estimated costs
Analytical Techniques Techniques used to evaluate, analyze or forecast potential outcomes based on project variables and relationships among those variables.
Application Area A category of projects that have common components, often categorized as technology projects, customer projects, or industry projects
Applying Leads and Lags A technique used to adjust time between activities by applying a lag (lengthening the time) or applying a lead (shortening the time)
Theory Pills 2.9.3. Exam "Theory Pills"™ A number of basic assumptions factor into how the exam addresses project management as opposed to how it is performed at the candidate’s organization. To address this, Crosswind has prepared the following “Theory Pills" which
Theory Pills Engaging stakeholders and managing their expectations EARLY and OFTEN is of primary importance
Theory Pills Historical information about existing projects can contribute to the corporate knowledge base, future estimating, and organizational process assets
Theory Pills It is assumed that documentation exists to detail the project so that it could be recreated if necessary
Theory Pills Meetings should be conducted in accordance with the meeting rules listed in this manual
Theory Pills Risk must be considered when estimating time and cost
Theory Pills Changes are subject to an official change control process with appropriate parties reviewing change requests for impact and approval
Theory Pills The Project Management Institute, (PMBOK® Guide) - 6th Edition, PMI Institute processes must be used as they are described by the Project Management Institute, Inc. in the PMBOK® Guide; this manual describes the processes similarly
Theory Pills The value of the WBS cannot be overemphasized; all planning is based on the WBS
Theory Pills The project manager is responsible for delivering the project results within scope, on schedule, and on budget
Theory Pills If one parameter of the triple constraint is modified, the others will likely change (e.g., if a schedule must be shortened, consideration should be given to revising or updating the project scope if the customer/sponsor decides to do so)
Theory Pills The approach that the Project Management Institute, Inc. generally calls for requires a great deal of planning before actual execution of work; that is the only approach that should be considered when answering exam questions
Theory Pills Unless otherwise stated, the exam questions assume that the organization performing the work is fairly mature regarding the application of project management methodology, processes, etc.
Theory Pills The work of the project is built from the project management plan, which is what the team follows to complete the work of the project
Theory Pills Issues should be corrected as soon as possible; letting them linger is more expensive and time consuming
Theory Pills Ideally, influential stakeholders should be defined before the start of the project to ensure that they can provide input to the project management plan
Theory Pills Assumptions cannot be made that the project or work is complete because the team believes it is complete; the project or work is only complete when the customer/sponsor formally accepts the project
Theory Pills Roles and responsibilities as defined in the Crosswind manual are to be used when answering exam questions, regardless of how they are defined within the candidate’s organization
Theory Pills Any “analysis” or “technique” is always considered a tool/technique (regarding ITTOs)
Theory Pills Any “update” is always considered an output (regarding ITTOs)
Theory Pills Because reality is not often addressed in the questions, time and money are no object; unless limitations are specifically addressed in the exam question, time and money should be provided by the customer or project sponsor.
3 Baselines Cost, Schedule, and Scope:
Approved Change Request A modification request that has been authorized as a result of undergoing the integrated change control process
Approved Change Requests Review Audit of the implementation of approved modifications to ensure they function as intended
Assumption A premise considered to be true without benefit of proof
Assumptions Analysis The evaluation of project assumptions used to determine the risks that could be incurred as a result of the inexact, fragmentary, or unpredictable nature of the assumptions
Attitude Power A type of power that can involve using a middle person to negotiate for the project manager
Attribute Sampling A testing approach that involves noting the presence or lack of a characteristic (attribute) in each unit being tested and then deciding if the entire sample will be accepted, rejected, or require re-testing after the addition of additional  units
Audit A review of the quality system to determine that it is capable of ensuring quality project results
Authority The power to assign resources, disburse funds, make or authorize decisions for the project
Backward Pass A network diagramming method that calculates the late start (LS) and late finish (LF) dates of each activity by working backward through the schedule from the project completion date
Baseline The agreed upon level of work (or other variable) used as a basis for comparison; once established, any changes must be authorized through formal change control procedures
Basis of Estimates Supporting details associated with an estimate, typically time or cost, that may include assumptions, constraints, level of detail, ranges, and confidence levels
Benchmarking The comparison of enterprise standards and practices to those used in similar organizations for the purpose of determining best practices and/or improvements and establishing a basis for performance measurements
Benefits Management Plan A component of the project management plan that details the manner in which the benefits provided by a project or program are created, maximized, and sustained.
Bid Documents The documentation utilized to request information, quotations, or proposals from prospective sellers.
Bill of Materials (BOM) A formal document showing the hierarchy of components or pieces and their sub-components or sub-pieces that make up the product
BIPERT (Bilogic Extension of the Network Diagram) A model for parallel programs that depicts ingoing (inclusive) and outgoing (excusive) links
Blockers A role that interrupts information flow on the project
Bottom-up Estimating An estimating technique in which individual estimates are rolled up to create a summary estimate for the project
Brainstorming A creative technique used to gather a large amount of information from team members and/or subject matter experts; applicable to ideas, risk identification, and solutions
Budget The total estimate for the project, or any activity, that has been approved
Budget at Completion (BAC) The total project budget derived from incorporating all items from the project's individual budgets; also called the sum of all planned value (PV)
Budgetary Estimate An estimate used to put money into a company's (or project's) budget
Buffer Reserves used to alleviate risks that could negatively impact the budget or schedule
Business Case A document that attempts to prove the economic feasibility of a business idea, such as a product or service, to justify the project
Business Value An abstraction that includes tangible and intangible elements associated with  project, program, and portfolio management that maximize the value to the organization
Buyer The person, group, or entity that obtains the products, services, or results of the project
Calendar Unit The smallest time unit used in project schedules such as minutes, hours, shifts, days, weeks, months, quarters
Cause and Effect Diagram A decomposition approach used to identify the root cause of a problem; also known as a fishbone or Ishakawa diagram
Central Tendency A property of the central limit theorem, which states that data tends to group around a central location; typically utilizes three measurements: the mean, the median,  and the mode
Change A modification to any deliverable, project management plan component, or project document subject to the formal change control process.
Change Control The process of determining, documenting, reviewing, and then approving or rejecting any proposed modifications to project documentation, deliverables, or baselines
Change Control Board (CCB) The group accountable for considering, appraising, and making decisions about (approval, postponement, or rejection) proposed project changes and for the documenting and communicating those decisions
Change Control System The procedures that govern modifications to project documents, deliverables, and baselines
Change Control Tools Tools associated with modification and configuration management
Change Log A list of proposed project modifications and their associated details including description, date, requestor, and status
Change Management Plan A plan that defines the project change management process
Change Request A formal solicitation for a project modification that relates to the approach to, or outcome of, the project
Chart of Accounts A structure used to monitor project cost that usually aligns with a company's accounting system and WBS of the project or program
Checklist Analysis An evaluation of project checklists to determine their effectiveness
Checksheets A sheet that can be used as a checklist when gathering data
Claim A demand, under the terms of the contract, for consideration by the buyer from the seller or the seller from the buyer
Claims Administration The process of managing a project's contract claims
Clarifiers A role that helps focus on making sure people on the project understand what the details of the project entail
Close Project or Phase The process of completing each activity across all process groups in order to finalize a project or phase
Closed Procurements The written formal notification, from the buyer to the seller, that the contract has been completed; typically completion is dependent on the seller meeting the terms and conditions of the contract
Closing Process Group The group of activities associated with concluding the project or phase
Closing Processes Activities during which formal acceptance and completion procedures are attained from either a phase or the project itself
Code of Accounts The numbering system used to distinguish constituents of the WBS
Coercive/Penalty Power A type of power that uses negative approaches including threatening and punishment to get people to do things they don't want to do
Collect Requirements The process of arranging for, determining, and documenting the needs of the stakeholders to align with project objectives
Colocation A technique for improving team effectiveness, as well as communication and collaboration among team members, by placing them in close proximity to each other
Commitment Power A type of power that uses commitment via alliances and partnerships on the project team to tackle challenges to the project as they arise; has a potential connection with referent power
Common Cause A predictable source of variation in a system
Communication Blockers Factors that disrupt the message
Communication Constraints Limitations imposed by legislation, regulation, technology, or policy on message content, timing, audience, or delivery vehicle (person or mechanism)
Communication Methods Procedures, techniques, and processes that are employed to disseminate information to project stakeholders
Communication Model A facsimile that demonstrates the manner in which project communications will be performed
Communication Requirements Analysis An approach to the determination of stakeholder communication requirements, which can include interviews, lessons learned, and analysis of previous projects
Communication Styles Assessment A technique utilized to identify the approach, format, and content preferred by each stakeholder for planned communication activities.
Communication Technology The tools, systems, and computer applications utilized in the dissemination of information to project stakeholders
Communications Infrastructure Tools and techniques used to create the foundation for information transfer on a project
Communications Management Plan The document, part of the project or program management plan, that addresses the communication flow of the project and contains a detailed description of the transmittal process, the transmittal schedule, and the administration process
Company Policy A standard established by a company
Competition Power A type of power that maximizes involvement in the project or idea in the form of competition to help enhance the commitment of those involved to work toward a more successful outcome of the project or idea
Compliance Conformance to a rule, standard, law, or requirement
Compromise A conflict resolution technique in which a solution involves (typically) a little of what everyone is proposing for a solution
Conduct Procurements The process of receiving the seller response(s) to the request(s) for quote(s), information, proposal(s), or bid(s), then determining the seller(s), and awarding the contract(s)
Confidentiality The act of not providing certain confidential information to those who should not know about it
Configuration Management A process which verifies that the products of the project are complete and accurate
Conflict Management The management of conflict within the project by applying such techniques as problem solving, collaboration, forcing, compromising, accommodation, and avoidance
Conflict of Interest A situation in which an individual or company engages in behavior that is inappropriate, but not necessarily illegal (it could be illegal)
Conformance Within the quality management system, the delivery of a product or result that falls within the acceptable tolerance levels of quality requirements
Conformance to Requirement The point where the project and product meet the standards of the written specifications defined at project inception (or modified through change control)
Conformance Work Endeavors, typically related to prevention and inspection, that compensate for issues preventing organizations from achieving planned results
Confrontation Directly dealing with a conflict via problem-solving techniques so that the parties can work through any disagreement
Constraint An internal or external limitation of the project
Context Diagrams A graphical representation of the scope of a business system that includes processes, equipment, and computer systems and indicates the manner in which people and other systems interact with the business system
Contingency A possible event that could negatively impact the project and is typically neutralized by accessing the time or cost reserve established for that purpose
Contingency Allowance An allowance or reserve, typically related to the budget or schedule, set aside to compensate for unanticipated events
Contingency Reserve Funds set aside for unforeseen events that can negatively effect the project
Contingent Response Strategies The tactics that will be employed if a specific risk trigger occurs
Contract A mutually binding agreement that requires, in accordance with the terms of the agreement, the seller to deliver goods or services to the purchaser and the purchaser to compensate the seller for those goods or services
Contract Change Control System System that manages contract amendments
Control The process of contrasting actual performance to planned performance, assessing the resulting variances, and determining the actions that will improve performance levels
Control Account A specific point in the work breakdown structure (WBS) where the project scope, budget, actual cost, and schedule are combined and then compared to earned value in order to establish performance metrics
Control Chart A graphic representation of process data over time that is set against documented control limits and has a center line (mean) to assist in identifying trends
Control Costs The process of observing project status in order to revise project costs and administer cost baseline revisions
Control Limits The area comprised of three standard deviations that occur on either side of the mean of normal data distribution on a control chart
Control Procurements The process of managing contract  performance
Control Quality The process of testing a project's product, service, or result and then issuing an approval or recommendation for change
Control Schedule The process of observing project status in order to revise progress and administer schedule baseline revisions
Control Scope The process of observing project status and scope in order to administer scope baseline revisions
Copyright The legal protection of the ownership rights to a creative work such as literature, software, music, art, as well as the physical or electronic media containing the creative work
Corrective Action An action to bring project work performance into alignment with the project management plan
Cost Aggregation Adding together the work package cost estimates for high-level WBS components, including control accounts, for the purpose of establishing the value of the total project or the control account work
Cost Baseline The authorized project budget version, exclusive of management reserves, that requires a formal control process to effect changes and is used as the basis of comparison to actual costs
Cost Management Plan The document, part of the project or program management plan, used to describe the framing, forming, observation, and control of project costs
Cost of Nonconformance Cost associated with not meeting quality expectations of the project or product
Cost Plus Award Fee Contracts (CPAF) A contract in which the seller receives payments for actual costs related to completed work plus an award that is at the discretion of the buyer; the award  that typically represents seller profit
Cost Plus Fixed Fee (CPFF) Contract A contract in which the supplier receives payment for allowable costs plus a fixed fee typically based on estimated cost
Cost Plus Incentive Fee (CPIF) Contract A contract in which the supplier receives payment for allowable costs, as well as a pre-negotiated fee and an incentive fee (if incentives are met)
Cost Plus Percentage of Cost (CPPC) Contract A contract that reimburses the seller for cost, plus a negotiated percentage of the total costs
Cost-benefit Analysis A financial analysis method that compares the potential revenue derived from an opportunity to the cost of that opportunity
Crashing A compression technique to shorten the duration of the schedule, typically by adding additional resources to critical path activities
Create WBS The process of breaking down the work of the project into minimal components for more effective management
Criteria Standards applied to a product, service, result, or process in order to make a decision or render a judgment about that product, service, result or process
Critical Chain Method A technique applied to the schedule so the project team can ascertain the amount of float needed to offset uncertainties or limited resources that appertain to a schedule path
Critical Path The progression of activities that comprise the longest path through the project; used to ascertain the project duration
Critical Path Activity An activity on the critical path of a project schedule
Critical Path Method A technique used to assess minimum project duration and ascertain any schedule adaptability that appertains to logical network paths
Customer The internal or external individual(s) or entity(ies) that pay(s) to obtain a project product, service, or result
Customer Satisfaction Meeting or exceeding customer expectations as a result of evaluation within the quality system
Data Discrete, unordered, unprocessed metrics or raw observations.
Data Analysis Techniques Techniques used to order, assess, and evaluate data and information.
Data Date The point in time when the project data is recorded or monitored
Data Gathering and Representation Techniques The collection, organization, and presentation of data and information
Data Gathering Techniques Techniques utilized to amass data and information from diverse sources.
Data Representation Techniques Approaches, especially the creation of graphical representations, utilized to communicate data and information.
Decision Tree Analysis A technique used to assess possible responses to a threat or opportunity in order to make the best decision; it involves diagramming the options and notating the expected monetary value (EMV) potential of each option
Decomposition The process of breaking down the work of the project into smaller, more controllable components
Defect A fault or inadequacy in a project component that must be corrected or replaced before project requirements or specifications can be met
Defect Repair The correction of a fault or inadequacy in a project component
Define Activities The process of determining specific activities that must be executed in order to create project deliverables
Define Scope The process of developing the project scope statement, the document that details the expected results of the project
Definitive Estimate A cost estimate that provides an accurate estimate of the project cost; the final cost estimate used before implementation; typically the range of -10%  to +10%
Deliverable Any product, result, or service that must be generated to complete a process, phase, or project
Dependency The relationship between two activities or between an activity and a milestone, also known as a logical relationship
Dependency Determination The assignment of logical relationships between activities; logical relationships are designated as mandatory or discretionary and internal or external
Design of Experiments A statistical process used to determine the factors that may impact specific product or process variables
Determine Budget The process of totaling the evaluations of individual activities to arrive at an authorized cost baseline
Develop Project Charter The process of evolving the document that authorizes the project and authorizes the project manager to employ organizational resources to do the work of the project
Develop Project Management Plan The process of specifying, creating or adapting, reconciling, and integrating applicable management and other planning documents into one comprehensive document
Develop Schedule The process of evaluating the progression and duration of activities, the demands on resources, and the limitations imposed on the schedule to create the model for the project schedule
Develop Team The process of enhancing the capabilities, interaction and environment of the project team in order to refine project execution
Development Approach The method (predictive, iterative, incremental, agile, or hybrid) utilized during the project life cycle to produce and elaborate the product, service, or result of the project.
Devil's Advocate A role that contradicts popular views or opinions about the work of the project
Diagramming Technique A method that indicates the logical links between data
Dictatorship A decision-making technique that involves one person making the decision for the group
Direct and Manage Project Work The process of administering the execution of the project management plan
Direct Cost Cost that is directly applicable to the project; examples include the cost of a test computer for software being created by the project, the cost of IC chips, or the costs of project labor
Discrete Effort Work that can be directly tied to the completion of WBS components or deliverables; the work must be measurable
Discretionary Dependency An activity that the project manager (or other decision maker) arbitrarily chooses to designate as a dependency; for example, making the reservation of a hotel room dependent on the purchase of a plane ticket; also known as soft logic
Distribute Information Deliver needed project information to stakeholders in an appropriate timeframe
Document Analysis The evaluation of current documentation related to project risk
Documentation Reviews The process of ensuring the accuracy and completeness of project exhibits
Dominators A role that consumes project communication and focus with their own views without considering others
Dummy Activities A zero duration activity used in the arrow diagramming method (ADM) to show a logical relationship; represented graphically with an arrow having a dashed line
Duration (DU or DUR) The time, exclusive of holidays or other days in which business is not conducted and typically measured in workdays or workweeks, required to complete a specific activity or WBS component
Early Finish Date (EF) The earliest possible date for an activity to be completed based upon the schedule network logic
Early Start Date (ES) The earliest possible date for an activity to be started based upon the schedule network logic
Earned Value (EV) The value of the work that has been completed as of a specific point in time calculated by multiplying the completion percent of activity by its planned value, then adding the results; also known as the budgeted cost of work performed (BCWP)
Earned Value Management A technique, effected by considering actual cost (AC), time (PV) , and what has been accomplished (EV), that is used to determine project progress and performance
Earned Value Technique (EVT) The technique associated with measuring the amount of completion of a work breakdown structure component, control account or project
Effort The amount of labor (typically measured in hours, days, or weeks) required to complete an activity or WBS component
Emotional Intelligence The ability to determine, assess, and manage the emotions of individuals or groups
Empathetic Listening Listening with the goal of understanding what the sender is trying to communicate
Encouragers A role that helps the project and team by focusing on what the project is creating, not the challenges of the project
Enterprise A company, business, or other formal structure that encompasses a business function
Enterprise Environmental Factors Internal and external variables, not under the control of the project team, that impact the project
Estimate An approximation of an outcome, based on experience or calculation, that is typically applied to cost, effort, or duration and usually contains a modifier (e.g. preliminary) and an accuracy indication (e.g. ±%)
Estimate Activity Durations The process of approximating the number of work periods required to complete activities in consideration of available resources
Estimate Activity Resources The process of approximating the amount of people and equipment needed to perform each activity
Estimate at Completion (EAC) The expected cost of performing all of the work in the project calculated by adding the actual cost (AC) to the estimate to complete (ETC)
Estimate Costs The process of approximating the monetary resources required to complete the work of the project
Estimate to Complete (ETC) The expected monetary resources required to complete the remaining work of the project; calculated by subtracting actual cost (AC) from the estimate at completion (EAC)
Ethics The standards we use to determine what is right and wrong; varies for everyone
Ethnocentrism An attitude that one's group is superior to others
Exception Report A report that includes significant variations from the planned activities
Execute Perform the tasks of the project management plan, create the project deliverables, and generate work performance information
Executing Process Group The processes performed to achieve the work detailed in the project management plan in order to meet the requirements delineated in the project specifications per the work identified in the project management plan
Expectancy Theory The premise that the reward for work achieved will be relative to the amount of effort or perceived effort
Expected Monetary Value (EMV) A statistical technique, typically applied in decision tree analysis, used to determine the average outcome when contingent scenarios for future project risks must be considered
Expert Judgment The opinion of an authority on  a project-related subject
Expert Power A capacity in which one uses personal knowledge and expert opinion to get others to do what is desired
Explicit Knowledge Knowledge that can be classified utilizing such symbols as words, numerals, and images.
External Dependency A relationship between project activities and non-project activities
Facilitated Workshop A focused session involving cross-functional stakeholders and a designated leader that is  conducted to achieve a specific goal, such as the creation of project requirements
Failure Mode and Effect Analysis (FMEA) An analytical process that examines all possible failure points, individually or in conjunction with others, to ascertain the impact on the product or system
Fallback Plan The plan that will supersede the original plan if it is not effective
Features The characteristics that the user desires built into a product
Fee Profit realized by the seller upon completion of a procurement contract
Finish Date A point in time related to the completion of a schedule activity and typically qualified as actual, planned, estimated, scheduled, early, late, baseline, target, or current.
Finish-to-finish (FF) A dependency that requires the completion of a predecessor activity prior to the completion of the successor activity
Finish-to-start (FS) A dependency that requires the completion of a predecessor activity prior to the start of the successor activity
Firm Fixed Price Contract (FFP) A contract that requires the seller to provide products or services for a set price based on a well defined scope of work; the seller assumes the majority of risk
Fitness for Use A product that can be used as it was intended when designed
Fixed Price Contract A mutually binding agreement that compensates the seller for goods or services on the basis of a fixed amount identified in the agreement, notwithstanding the seller's costs
Float The amount of time an activity can be delayed without delaying successor activities or the project completion date
Flowchart A graphical representation, including inputs, actions, and outputs, of one or more of the system processes
Flowcharting (Technique) A decomposition approach to breaking a system or process into block steps that can be repeated by following the diagram
Focus Group A focused session involving pre-qualified stakeholders, subject matter experts (SMEs), and a designated leader that is conducted to determine expectations and views regarding a potential product, service, or result
Forcing Applying an all or nothing (win/lose) to get the desired result
Forecast The estimation of a future state of a project based on the performance levels of the organization or a previous project;  typically includes measurements associated with estimate at completion (EAC) or estimate to complete (ETC)
Formal Acceptance Attaining signature for a piece of the project or the complete project, where the signature represents completion or closure of the project or that piece of the project
Forward Pass A network diagramming method that calculates the early start (ES) and early finish (EF) dates of each activity by working forward through the schedule from the project inception date or a specific point in time
Free Float The amount of time an activity can be delayed without violating any schedule limitation and without delaying the early start date of successor activities
Fringe benefits An extra, typically not used as a motivator, that is given to everyone in the company or on the project; examples are paid holidays and health insurance
Functional Manager A manager of any unit that creates a product or executes a service; also known as a line manager
Functional Organization An entity that is arranged by department or purpose and focuses on operational work rather than project work
Funding Limit Reconciliation The process of comparing planned project expenses to any limitations or constraints in project funding
Gantt Chart A graphical representation that registers activities on the vertical axis and depicts the activity durations, based on their start and finish dates, on the horizontal access; also known as a bar chart
Goods Products that have been created and are available for purchase
Government The authority that directs and controls a locality, state, or nation
Grade A ranking to classify products that have different functions or features
Ground Rules Statements that describe the expected behavior of the project team
Group Creativity Technique A focused session involving stakeholders and a designated leader that is conducted to develop ideas
Group Decision Making Technique A focused session involving stakeholders and a designated leader that is  conducted to review decision methods available for use with specific activities such as generating, classifying, and prioritizing requirements
Guideline An official recommendation that describes the policies, standards, or processes related to the completion or a process or activity
Hammock Activity A group of related activities reported as a single activity, sometimes called a summary activity; on a schedule, the summary activity is displayed followed by the related activities, which are indented
Harmonizers A role that helps evolve information and understanding on the project above the team members
Hierarchy of Needs A pyramid representation of Maslow's Theory that a person's motivation is based on needs (and where the person fits in this pyramid)
Histogram A graphical representation, in the format of bar chart, that depicts the central tendency, dispersal, and shape of a statistical distribution
Historical Information Documented data from prior projects consulted as a learning tool
Identify Risks The process of identifying the risks that can impact the project and documenting their attributes
Identify Stakeholders The process of determining all people and entities affected by the project, evaluating and recording any information appropriate to their concerns, involvement, interdependencies, and possible affect on the success of the project
Implement Risk Responses The process of executing endorsed risk response plans.
Imposed Date A fixed date exacted on a scheduled activity or milestone, usually formulated as "not to start before" and "not to finish after"
Inappropriate Compensation Money or other items of value that are "earned" via improper activities
Incentive Fee An amount paid, in addition to the contract amount, for exceeding expectations, particularly in the areas of cost, schedule, or technical performance
Incremental Life Cycle The progression of project phases characterized by an early determination of scope, the adjustment of time and cost estimates as the team learns more about the product, and an increase in functionality resulting from incremental delivery
Independent Estimates The use of estimates created by an independent person or group to support internal project estimates
Indirect Cost Cost that is not directly accrued on the project (Ex: electricity, taxes, rent)
Influence Diagram A graphical representation of relationship between variables and outcomes including situations with causal influence and event time sequences
Influencer A person or organization that is not necessarily directly related to the project but can influence the project in either a good or bad way
Information Ordered data that has been processed to be meaningful, significant, and utilitarian in specific contexts.
Information Gathering Techniques Processes used to obtain and organize data from a variety of sources
Information Givers A role that shares information and thus helps enhance communication on the project
Information Management System A system that collects, stores, and distributes data to project stakeholders;  data format may be physical or electronic
Information Seekers A role that works to enhance information and knowledge associated with the project
Initiating Process Group The processes associated with the inauguration of a new project or phase; typically involves obtaining approval and identifying project stakeholders
Initiation Commitment from the sponsor and organization to start a project or to continue it to the next phase
Initiator An organization or individual authorized and capable of starting a project
Input Any internal or external item that is required before a process can continue; it can also be an output from a predecessor process
Inspection The evaluation of an activity, product, result, service, or component to determine that it meets the desired standards for use and conforms to requirements
Intellectual Property Ideas and concepts created by an individual or company, typically eligible for copyright or patent, thus providing ownership properties
Internal Rate of Return (IRR) A project comparison value; represents the discounted rate that zeroes out the net present value (NPV)
Interpersonal Skills The abilities that maximize the establishment and maintenance of relationships with project stakeholders; examples include the ability to communicate clearly, to motivate others, and to effectively negotiate; also known as soft skills
Interrelationship Diagrams A graphical representation of the cause and effect relationships of the variables of creative problem solving
Interviews A focused session involving individual stakeholders and a designated leader that is conducted to elicit specific information
Investment Power A type of power that involves delaying key decision(s) so enough time passes that stakeholders or other such parties can make a significant time investment in the project
ISO 9000 Developed by the International Organization for Standardization (ISO) as a means to plan, control, and document processes, and overall improve quality
Issue A disputed or unsettled condition
Issue Log A project document that tracks elements that cause stakeholder concern or dissension
Kaizen A technique that takes a proactive stance to process development, one that makes improvements throughout a process as time evolves
Kickoff Meeting A meeting used to initiate the start of the project; typically attended by all the key stakeholders; can be done when Initiating or Planning is complete depending upon the organization
Knowledge The composite of experience, values and beliefs, contextual information, intuition, and insight that people employ in an attempt to make sense of new experiences and information.
Knowledge of Needs Power A type of power that attempts to realize the two things that are negotiated for: what the other party says they are after, and what they are after that hasn't been made public
Lag The amount of time, predicated on the start or finish of a predecessor activity, a successor activity must be delayed
Late Finish Date (LF) The latest possible date for an activity to be completed based upon the schedule network logic, the project finish date, and schedule limitations
Late Start Date (LS) The latest possible date for an activity to be started based upon the schedule network logic, the project finish date, and schedule limitations
Law A standard created by local, state, or national governmental authority that requires compliance and often carries penalties for non-compliance
Lead The amount of time, predicated on the start or finish of a predecessor activity, a successor activity can be moved up
Learning Curve Theory A theory which states that the more of something that is produced, the lower the unit cost of it becomes due to an improvement in efficiency
Legitimate Power Getting people to do what you desire based on your authority
Lessons Learned The knowledge of what worked and what didn't work during a project
Lessons Learned Register A project document utilized to record knowledge gained, both positive and negative, during the project; the information contained in register can be used in the current project and entered into the lessons learned repository for use with future projects.
Lessons Learned Repository A container, typically electronic, for storing historical information about lessons learned during the performance of project work.
Level of Effort (LOE) An activity that doesn't produce an end product, but is required to support work-related activities or the project and involves a consistent rate of work over time; for example, liaising with the customer or performing administrative duties
Life Cycle Costing Consideration of not just project cost, but total ownership (operations and support) cost of the item created by the project
Log Documentation of selected items that occur during a project, typically modified to reflect the condition of the item (issue, quality control item, action, or defect)
Logical Relationship A connection between two activities, or between an activity and a milestone.
Majority The votes of more than half of the members of a group, typically used to denote agreement with a decision
Make or Buy Analysis The process of determining whether specific work should be created by the project team or purchased from an external source
Make or Buy Decisions The result of the process of determining whether specific work should be created by the project team or purchased from an external source.
Manage Communications The gathering of meaningful project data to create communications that will be disseminated, placed in a repository for future access, and disposed of per the communications management plan.
Manage Project Knowledge The process of utilizing existing knowledge and producing new knowledge to achieve a project’s goals and contribute to organizational knowledge.
Manage Quality The process of converting the quality management plan into executable activities that integrate the organization’s quality policies into the project.
Manage Stakeholder Engagement Work and communicate with stakeholders to ensure satisfaction of their legitimate needs and expectations, to resolve their issues, and to include them in appropriate decision making
Manage Stakeholder Expectations The process of communicating with the stakeholders to determine their expectations and addressing issues in a timely manner
Manage Team The process of monitoring the performance of team members, providing feedback, resolving issues, and administering team changes to enhance project performance.
Management by Objectives (MBO) An administration method that  aligns, or realigns, projects to strategic objectives
Management by Projects Performing day-to-day operations by a project management approach
Management Reserve Funds set aside for unanticipated project work and excluded from the performance measurement baseline
Management Skills The ability to plan, organize, direct, and control in order to achieve project goals
Mandatory Dependency A relationship that is necessitated by virtue of a contractual requirement or the work itself
Market Research The process of gathering information about customers or markets
Master Schedule A summary timetable that includes significant deliverables, key WBS components, and key milestones
Material Any materials used on a project; examples include equipment, tools, machinery, and supplies
Matrix Diagrams A quality management tool that analyzes data by showing relationships between the data
Matrix Organization An organizational framework that mandates the sharing of responsibility for the assignment of resources and priorities between the project manager and the functional manager
Mean The average value in a measurement of a population
Merge A coming together (convergence) of activities on a network diagram
Methodology A body of rules, practices, processes, and techniques employed within a field
Milestone A meaningful project event typically preceded by a series of activities that lead to its completion
Milestone List A list of significant events in the project that may be designated as mandatory or optional
Milestone Schedule A summary timetable that itemizes key milestones
Mind-Mapping A technique used to integrate ideas created through individual brainstorming sessions into a single map in order to highlight similarities and differences in understanding and generate new ideas.
Mirroring Matching behavior characteristics of another person or group
Monitor Accrue project data for comparison to project plans,  produce performance measures, and report project information
Monitor and Control Project Work The process of monitoring, evaluating, and governing performance progress as detailed in accordance with the project management plan
Monitor Communications The process of fulfilling the informational needs of the project and its stakeholders.
Monitor Risks The process of monitoring known risks, reducing any risks, identifying any new risks, and monitoring risk reduction over the life of the project
Monitor Stakeholder Engagement The process of monitoring stakeholder relationships and optimizing the approach to stakeholder engagement through the modification of related strategies and plans.
Monitoring and Controlling Process Group The processes required to monitor, evaluate, and govern performance progress in accordance with the project management plan and to effect and record any necessary modification of the project plan
Monte Carlo Simulation A process that simulates possible project schedule or cost outcomes;  often used to estimate required reserves based on the scatter diagram or probability table that is typically the output of the process
Moral or Ethical Power A type of power that uses a moral or ethical perspective tied to one's values in the negotiation process
Most Likely Duration The most probable, or realistic, estimate of elapsed time  for an activity based on data from previous projects or expert judgment
Multi-criteria Decision Analysis A process that utilizes a decision matrix to systematically analyze project information such as risk levels, uncertainty, value, and prioritization
Near-critical Activity Any schedule network diagram activity that is close to zero slack
Negotiated Settlement The resolution and finalization of any contract related issues, claims, and disputes
Negotiation The art of reaching an agreement or resolving issues between two or more parties
Network Diagram A schematic of logical relationships that make up the flow of activities on the project; always drawn from left to right
Network Logic The assemblage of activity dependencies that constitutes the project schedule network diagram
Network Path An uninterrupted series of activities depicted in a schedule network diagram and connected by dependencies
Networking Creating supportive connections and relationships with individuals or groups
Node A point in a schedule network that is the juncture of some or all dependency lines
Nominal Group Technique A technique, effected by a voting process, that is used to prioritize ideas by utility for further brainstorming
Non-disclosure Agreement (NDA) A document signed by the owner of intellectual property and those who view it when it is not generally exposed to the public, or if it is a new idea, before it is displayed to the public
Nonconformance Work The work associated with correcting errors, including those that arise from a failure to adhere to the policies, standards, rules, and regulations that impact the project
Normal Distribution A bell-shaped curve that is in sync with the mean of the population
Objective A goal  that the project is expected to accomplish; the goal could be related to a strategic position, purpose, result, service, or product
Observations To view individuals performing the tasks required by their positions
Operations The day-to-day repeatable activities that a company performs
Opportunity A risk whose occurrence will result in a positive impact on the project
Opportunity Cost The amount associated with bypassing one opportunity in favor of another; as an example, if the pursuit of project B with a value of $75K is elected over the pursuit of project A with a value of $50K, $50k value of project A will not be realized
Optimistic Duration The shortest estimate of elapsed time or lowest cost for an activity based on data from previous projects or expert judgment
Organizational Breakdown Structure (OBS) A ranked representation of the project organization that illustrates the relationship between activities and their performing organization unit
Organizational Learning The study of the manner in which knowledge is elaborated by individuals, groups, and organizations.
Organizational Planning Determining, assigning, and documenting responsibilities, roles, and reporting relationships on a project
Organizational Process Assets The process-related assets of the performing organization including, but not limited to, procedures, processes, policies, knowledge bases, templates, documentation, and plans
Output A product, service, or result created by a process;  could also be an input to another process
Over-allocation A situation in which a resource is applied to too many activities at the same time to accomplish them all within the acceptable timeframe
Overall Project Risk The impact that uncertainty, including the cumulative effect of individual risks, has on the project; the exposure of stakeholders to the implications of variations in project outcome, both positive and negative.
Parametric Estimating A technique, effected by a calculation that employs an algorithm, used to determine cost or duration
Parametric Modeling Application of a mathematical model used to estimate project components (time, cost, scope) by having other variables entered into the application
Pareto Analysis A technique used to identify instances of frequently recurring issues that impact a system, project, or process
Pareto Diagram A bar chart, ordered by occurrence frequency, depicting the number of outcomes for each identified cause
Patent A legal device which gives ownership of an idea or design to an individual or company that creates the idea or design
Path Convergence A node on a network diagram that indicates the merger of parallel paths; distinguished by an activity with multiple predecessors
Path Divergence A dependency between a schedule activity and its multiple successors; sometimes called a burst
Payback Period The amount of time needed to recover the investment in the project
Payment Systems A system that creates invoices and tracks payments for project products and services
Percent Complete The  completed work estimate of an activity or WBS component expressed as a percentage
Perform Integrated Change Control The process of determining, recording, and approving or rejecting changes to project documentation, deliverables, or baselines
Perform Qualitative Risk Analysis The process of ranking risks for additional evaluation based on the probability of each risk and the impact on the project if the risk occurs
Perform Quality Control Observe project results to verify they meet the applicable quality standards while attempting to improve overall quality
Perform Quantitative Risk Analysis The process of numerically evaluating the impact of identified risks on the project
Performance The level of success at which a product performs its intended use
Performance Measurement Baseline (PMB) The comparison of project execution to the approved and integrated scope, schedule, and budget (exclusive of management reserves, but inclusive of contingency reserves) for the purpose of gauging and administering performance
Performance Reporting The collection and interpretation of performance data; can include status, progress, and forecast reports
Performance Review A technique that measures, compares, and analyzes actual project data against the baseline
Performing Organization An organizational framework whose employees are primarily involved in doing the work of the project or program
Perks An extra, typically used as a motivator, that is not given to everyone in the company or on the project; examples are being sent to a special training class or seminar
Persistence Power Continuing on a course to achieve an objective or goal
PERT Weighted Average An estimating technique used to take the pessimistic, optimistic, and realistic (most likely) estimates to achieve a cumulative estimate
Pessimistic Duration The longest estimate of elapsed time for an activity based on data from previous projects or expert judgment; typically used in three-point or parametric estimates
Phase Gate A review which is conducted at the end of a phase to decide if the project should continue to the next phase, if the project should continue to the next phase with modification, or if the project or program should be terminated.
Plan Communications Management The process of identifying and evaluating stakeholder information and requirements for the purpose of developing a suitable project communications approach
Plan Cost Management The process of establishing policies, procedures, and documentation for the planning, execution, and monitoring and controlling of cost-related project items
Plan Procurement Management The process of managing procurement planning activities
Plan Quality Management The process of identifying quality requirements and standards for the project and deliverables as well as documenting compliance with the project's quality approach and requirements
Plan Risk Management The process of determining the methods that will be used to execute project risk management activities
Plan Risk Responses The process of determining the actions that will be taken should a threat or opportunity arise within the project
Plan Schedule Management The process of creating policies, procedures, and documentation for the planning, executing, and controlling of the project schedule and related documents
Plan Stakeholder Engagement The process of establishing management strategies that will engage stakeholders in project related decisions; the strategies are based on the needs, interest levels, and impact levels of the stakeholders
Planned Value (PV) The total value of the work scheduled as of a certain point in time; also known as the budgeted cost of work scheduled (BCWS)
Planning Package A WBS component that has no detailed scheduled activities even though it is known to have work content
Planning Power Using preparation followed by negotiation to effectively plan the project
Planning Process Group The processes required to create the management and other planning documents that comprise the project management plan
Plurality The votes of the largest block in a group when a majority is not required, typically used to denote agreement with a decision
PMI Code of Ethics and Professional Conduct A standard that PMI requires candidates to agree to before they take the PMP Examination
Point of Total Assumption (PTA) The total amount of money the buyer will pay regardless of cost overrun on the contract
Policy A course of action adopted by an organization to facilitate operational and project work
Population The entire group of similar criteria (Ex: All Americans, all owners of a particular product)
Portfolio The projects, programs, and other work that comprise the portfolio and are managed in a coordinated manner to accomplish strategic goals
Portfolio Management The coordinated management of the projects, programs, and other work that comprise the portfolio for the purpose of accomplishing strategic goals
Position Description A description of the roles and responsibilities of a team member
Power The possible ability to influence behavior or performance of others
Practice A professional or management activity that feeds the execution of a process that may use one or more tools or techniques
Precedence Diagramming Method (PDM) A technique used to create a schedule model in which activities are represented by nodes and graphically linked by one or more logical relationships in order to display the sequence in which the activities are to be performed.
Precedence Relationship A dependency in the precedence diagramming method; also known as a logical relationship
Precedent Power A type of power that uses something which has achieved desired results in the past regardless if it was on the current project environment or elsewhere
Precision The accuracy of the measurements used by the  quality management system
Predecessor Activity An activity that logically precedes a successor activity
Predictive Life Cycle A life cycle type that determines project scope, time, and cost during the early phases of the life cycle.
Prevention Cost Cost of planning and executing a project within an acceptable range of error (or error free)
Preventive Action An activity performed to evade an event that would negatively impact project performance
Prioritization Matrices A quality management tool used to identify issues and potential alternatives related to the establishment of implementation priorities
Probability and Impact Matrix An array used in qualitative risk management to prioritize risk, typically based on each risk's probability of occurrence and potential impact
Procedure A method executed to achieve a suitable performance or result
Process An ordered series of activities executed to create a product, result, service, or output
Process Adjustments Adjustments made to modify the output of a process to achieve a better degree of quality
Process Analysis The evaluation of a process with the goal of identifying potential improvements
Process Decision Program Charts (PDPC) A graphical representation used to develop contingency plans based on possible failure points in the main plan
Procurement The acquisition of goods or services from an outside source (vendor)
Procurement Audits Examinations of contracts and contract processes for legality, completeness, accuracy, and effectiveness
Procurement Documents The instruments used with bid and proposal activities that include the Invitation for Bid (IFB), the Invitation for Negotiation (IFN), the Request for Information (RFI), the Request for Quotation (RFQ), and the Request for Proposal (RFP)
Procurement Management Plan The document, part of the project or program management plan, used to describe the methods that will be employed by the project team to obtain goods and services from outside the organization
Procurement Performance Reviews An examination of the seller's execution of the contract, particularly as it relates to the on-schedule and within-budget delivery and overall quality of the product or service
Procurement Statement of Work A description of a procurement item that is broken down to the appropriate level of detail that will allow potential sellers to determine if they are capable of providing the products or services associated with the contract scope
Procurement Strategy The buyer’s approach to determining the project delivery method and the class of legally binding agreement(s) that will be used to deliver the desired results.
Product An output of the project that is quantifiable and can be described as material and goods
Product Analysis An approach used to convert a business-defined product into project deliverables; typically involves asking business representatives questions about the intended uses and characteristics of the product
Product Life Cycle The phases of product development, typically defined as conception through delivery, expansion, maturity, and disengagement
Product Scope The features and functions of a project's product, service, or result
Product Scope Description The documented depiction of the features and functions of a project's product, service, or result
Professional and Social Responsibility Ethics expected in project managers; includes balancing stakeholder interests and reporting violations
Professionalism Power Being professional and practical when working with others; helps to foster a win/win relationship with those that work with the project manager by allowing the project manager to look at the people and their needs
Profit Money made after expenses have been subtracted from revenue
Profit Margin Ratio between revenues and profit on a project, product, or initiative
Program A group of related projects, subprograms, and program activities administered in a coordinated manner in order to realize benefits that would not be available if administered separately
Program Evaluation and Review Technique (PERT) An estimation technique, used when individual estimates are questionable, that involves applying a weighted average of optimistic, pessimistic, and most likely estimates
Program Management The exercise of knowledge, expertise, tools, and techniques to meet program requirements and realize benefits and control unavailable when component projects are administered individually
Progress Report A report that states what has been accomplished in a specific amount of time on the project (but not the entire project)
Progressive Elaboration The iterative process of increasing the level of detail in accordance with the increase in information discovery and estimation accuracy
Project A temporary undertaking to produce a unique product, service, or result
Project Archives A set of records that correctly describe and document the history of the project
Project Calendar A calendar that indicates working days and shifts available for project activities
Project Charter An instrument issued by the project sponsor or initiator that approves the existence of the project and authorizes the project manager to assign resources held by the organization to project activities
Project Communications Management The processes required to gather, produce, allocate, reposit, retrieve, administer, regulate, track, and ultimately dispose of project information so that the appropriate parties receive the appropriate information at the appropriate time
Project Cost Management The processes required to estimate, budget, disburse, administer, and regulate costs in order to complete the project within the approved budget
Project Forecasting A reporting method in which future performance is estimated based on past performance of the project
Project Funding Requirements The forecast of project costs based on the cost baseline for the total project plus any anticipated liabilities; the forecast can be applied to specific time periods rather than to the project as a whole
Project Governance The alignment of project goals with the strategy established by the organization, the project sponsor, and team; must fit within the organizational governance, but is separate from that organizational governance
Project Initiation The process that can result in project authorization
Project Integration Management The processes and activities required to determine, depict, conjoin, unify, and reconcile project management processes and activities
Project Life Cycle The phases, from initiation through closure, of a project associated with the work of the project, as opposed to being associated with its project management
Project Management The exercise of knowledge, expertise, tools, and techniques to meet project requirements
Project Management Body of Knowledge The total knowledge contained within the project management profession including its practices, both customary and groundbreaking, whether published and non published
Project Management Information System (PMIS) A system, either manual or automated, comprised of the tools and techniques used to amass, incorporate, and disseminate the results of project management processes in order to reinforce all facets of the project
Project Management Knowledge Area A recognized project management area that is qualified by its component practices, processes, inputs, outputs, tools, and techniques and delineated by its knowledge requisites
Project Management Office (PMO) An organization area responsible for standardizing governance processes for projects and for making available resources, methodologies, tools and techniques
Project Management Plan The cumulative document, containing all management plans and other planning documents, that serves as the blueprint for realizing the objectives of the project
Project Management Process Group The aggregation of the processes, along with their inputs, outputs, tools, and technique, that make up project management including initiating, planning, executing, monitoring and controlling, and closing
Project Management Staff Members of the project management team including the project manager and the scheduling, budgeting, and risk management staff
Project Management System An organized approach to project management that can include processes, procedures, tools, techniques, methodologies, and resources; can be used by the project manager or organization
Project Management Team The individuals on the project team who perform project management activities
Project Manager (PM) The person authorized by the performing organization to direct the team accountable for realizing project objectives
Project Network Diagram A view of the logical relationship (sequencing) of project activities
Project Organization Chart The graphic representation that illustrates the interrelationships between team members assigned to a specific project
Project Phase An aggregation of logically related activities that results in the completion of a deliverable or deliverables
Project Procurement Management The processes required to purchase or acquire any products, services, or results from a source outside of the project team
Project Quality Management The processes defined and activities performed by the organization to identify quality related policies, aims, and responsibilities in order to ensure that the project meets its objectives
Project Resource Management Project resource management encompasses the processes utilized for the identification, acquisition, and management of the resources required for the successful conclusion of the project.
Project Risk Management The process required to plan for, determine, evaluate, respond to, and control potential or actual project threats and opportunities
Project Schedule The document, an output of the schedule model, that depicts linked activities with their estimated dates, durations, milestones, and resources
Project Schedule Management Project schedule management encompasses the processes required to manage the timely conclusion of the project.
Project Schedule Network Diagram A graphical representation of the logical relationships that exist among activities in the project schedule
Project Scope The work executed to deliver a product, service, or result that satisfies the specified features and functions
Project Scope Management The processes required to ensure that all the work needed to complete the project, and only that work, is included in the project
Project Scope Statement The document that describes the major deliverables, assumptions, constraints, and scope of the project
Project Stakeholder Management The knowledge area that identifies stakeholders, as well as analyzes and manages their expectations and engagement in the project during its lifetime
Project Team The individuals responsible for reinforcing the project manager in the work of the project in order to realize project objectives
Project Team Directory The listing of project team members which includes their project-related roles and communication needs
Project-based Organizations (PBO) An organizational framework that is structured to conduct most of its activities as project work rather than functional work
Projectized Organization An organizational framework that provides the project manager with the authority to establish priorities, assign resources, and direct the work of the project team
Proposal Evaluation Techniques A formal seller review process used with complex procurements and carried out in accordance with the buyer's procurement policies
Prospective Sellers of Products or Services The list of vendors the company has determined to be capable of providing goods or services
Prototype A working model of the product created to obtain detailed stakeholder feedback
Quality The degree to which a group of fundamental characteristics satisfies requirements
Quality Assurance The repetitive examination of quality requirements and quality control measurements to effect the use of requisite quality control standards and operational definitions
Quality Audits A formal, independent process that assesses whether project activities are in compliance with organizational and project policies, processes, and procedures
Quality Checklists A tool used to verify that project work and deliverables have been completed in accordance with project requirements
Quality Control Measurements The documented outcome of quality control functions
Quality Management and Control Tools Mechanisms used to ensure quality products and processes, often more efficiently and at a lower cost
Quality Management Plan The document, part of the project or program management plan, used to describe the execution of the organization's quality policies
Quality Management System The system within a company that provides policies, processes, and resources to implement the project's quality management plan; that the quality management plan typically aligns with the company's quality system
Quality Metrics The description of a project or product attribute and the measurements that must be applied to the attribute within the quality control process examples of metrics include failure rate, defect frequency, cost control, reliability, and availability
Quality Policy The organizational policies crafted to achieve quality goals.
Quality Report A project document that addresses quality management issues, recommendations for corrective actions, and a recap of findings from quality control activities; the report may include advice related to the improvement of process, project, and product.
Quality Requirement Condition designed to ensure that a deliverable conforms to its intended use
Quantitative Risk Analysis and Modeling Techniques Common approaches to producing a more detailed evaluation of project risk;  techniques include expected monetary value (EMV) and decision tree analysis
Questionnaires Written surveys designed to quickly gather information from a large number of respondents.
RACI Chart A type of responsibility assignment matrix that designates the status of stakeholder involvement in project activities; status designations are responsible, accountable, consult, or inform.
Rapport Possessing comfort or a harmonious relationship with someone
Recognition Seekers A role that looks at the project first to see what they can get out of it
Records Management System The processes, controls, and tools used to record and maintain project information
Referent Power Using personal charisma to attain desired results from others or using existing relationships to help get things done (who you know)
Regression Analysis An analytical technique that examines a series of input variables in relation to their corresponding output results for the purpose of establishing a mathematical or statistical relationship.
Regulation A requirement of local, state, or federal government that can mandate product, process, or service characteristics including any applicable administrative provisions
Reliability The likelihood of a product or service to function as planned
Report Performance The process of amassing project performance data and disseminating it in a clear and meaningful format to the intended audience
Reporting Systems Processes and procedures utilized to generate or consolidate reports from information management systems and distribute those reports to project stakeholders
Request for Information (RFI) A buyer issued procurement document requesting a potential seller to provide information related to the seller's ability to deliver a product, service, or capability
Request for Proposal (RFP) A procurement document issued by the buyer to request a proposal from the seller; typically describes acceptability criteria and a description of the product, service, or capability the buyer wishes to procure
Request for Quote (RFQ) A document used to get bids or quotes from possible suppliers, usually for commodity type items, with minimal customization
Requested Change A formal request for change that is submitted to the integrated change control process
Requirement A condition or capability that must be made available through a product, service, or result in order to fulfill a contract or formal specification
Requirements Documentation A document that describes requirements for creating a product or a feature of the product
Requirements Management Plan The document, part of the project or program management plan, used to describe the evaluation, recording, and administration of project requirements
Requirements Traceability Matrix A graphical representation that illustrates the relationships between the origins of the product requirements to the deliverables that fulfill the requirements
Reserve Funds set aside for risks to the budget or schedule, for example management reserves or contingency reserves, as provided for in the project management plan
Reserve Analysis An analysis technique used to identify the critical features and relationships of components in order to determine the amount of reserves realistically needed for the project with consideration of schedule duration, budget, and cost estimation
Residual Risk The remaining risk following the implementation of risk responses
Resource Skilled individuals or teams, equipment, material, supplies, goods, services, budgets, or funds
Resource Breakdown Structure A representation of resources ranked by category and type
Resource Calendar A calendar that indicates working days and shifts available for each resource
Resource Histogram A bar chart depicting the amount of time a resource is scheduled to work over a specified number time periods; resource availability and number of resources used may be considered for the purpose of comparison or contrast
Resource Leveling A technique in which resource constraints dictate start and finish date adjustments in order to balance the demand for resources with the resources available
Resource Loading The process of applying resources to a schedule and its activities
Resource Management Plan A component of the project management plan that defines the manner in which project resources are acquired, allocated, monitored, and controlled.
Resource Optimization Techniques An approach to resource allocation that adjusts schedule start and finish dates to ensure that resource assignments do not exceed predefined capacity limits
Resource Requirements The types and quantities of resources needed for each activity that makes up a work package.
Resource Smoothing An approach to resource allocation that more uniformly allocates a resource over time; used in cases where resource assignments exceed predefined capacity limits
Responsibility Accountability for the project or for specific project processes or tasks
Responsibility Assignment Matrix (RAM) A graphical representation of the project resources committed to a monitored area of the project, such as a work package; typically applies RACI (responsibly, accountable, consult, inform) indicators to depict the form of commitment
Result The consequence of completing a series of activities or process; examples include outcomes and documents
Retainage A part of the payment per the terms of the contract that the buyer retains until the project is complete; used to ensure that the seller completes the work per terms of the contract
Return on Investment (ROI) The amount of income from an investment; income divided by the investment
Reward Power A type of power that uses positive actions or consequences to attain desired results from other people
Rework Action taken to bring any component that is flawed or out of conformance into compliance with specifications or requirements
Risk An unscheduled, but possible, event that may have a positive or negative impact on the project if it occurs
Risk Acceptance A risk response strategy that involves acknowledgement only of the risk; no planned response is formulated unless the risk occurs
Risk Appetite The amount of uncertainty an organization or individual is willing to accept in anticipation of a reward.
Risk Audits The evaluation of project risk responses to determine the effectiveness of the utilized approach to risk
Risk Avoidance A risk response strategy that involves the elimination of the threat or protection of the project from the impact of the threat
Risk Breakdown Structure (RBS) A representation of risks ranked by category
Risk Categorization The organization of risks by source or other criteria to increase understanding of overall project risk
Risk Category A class of risks, such as organizational risks or market risks, defined by its potential cause
Risk Data Quality Assessment An evaluation of risk-associated data to determine its quality
Risk Database A data repository that stores and manipulates information associated with the risk management processes
Risk Enhancement A risk response strategy that increases the probability of occurrence or impact of an opportunity as a result of deliberate team action.
Risk Escalation A risk response strategy that transfers ownership of the risk from the project team to a higher organizational level for more effectively management.
Risk Events Events that may impact the project (either negative or positive)
Risk Exploiting A risk response strategy that ensures the occurrence of an opportunity as a result of deliberate team action.
Risk Exposure An aggregate metric that expresses the potential impact of all risks at any given point in time in a project, program, or portfolio.
Risk Factors Numbers representing the risk of certain events, the likelihood of their occurring, plus the impact on the project (if the event does occur)
Risk Management Plan The document, part of the project or program management plan, used to describe the manner in which risk management activities will be framed and executed
Risk Mitigation A risk response strategy that involves the reduction of the threat or the probability that the risk will occur
Risk Owner The person responsible for the monitoring of a risk and for the determination and implementation of an appropriate risk response strategy.
Risk Power A type of power that uses calculated risks in negotiations to achieve project goals
Risk Reassessment The process of identifying new risks, reassessing risks that have already been identified, and closing of expired risks
Risk Register A document that lists each risk along with the results of its analysis and risk response planning
Risk Report A project document that establishes the progressive development of risk management processes throughout the project, summarizes individual project risk information, and delineates the degree of overall project risk.
Risk Review A meeting used to examine and document the effectiveness of risk responses in relation to identified, individual project risks and to overall project risk.
Risk Seeking Possessing a higher tolerance than most for risk
Risk Sharing A risk responses strategy that allocates ownership of an opportunity from the project team to a third party who is best able to capture the benefits of that opportunity.
Risk Symptoms Characteristics which indicate that a risk event is possibly starting to occur; could also be called risk triggers
Risk Threshold The degree of risk exposure that defines the upper limit of risk acceptance; risks whose level exceed the threshold must be addressed.
Risk Tolerance The level of risk that an individual or organization is willing to permit; also known as risk utility
Risk Transference A risk response strategy that involves shifting the impact of a threat, as well as accountability for the response, to a third party
Risk Urgency Assessment The evaluation of risk responses to determine priority in order of timing
Risk-averse Possessing a low desire or tolerance for risk
Risk-neutral A middle ground between the risk taken and the benefit received
Role A specific function performed by the member of the project team; some examples are testing, analyzing, and coding
Rolling Wave Planning An iterative planning technique that involves detailed planning for near-term work and higher level planning for future work
Root Cause Analysis An analytical technique used to ascertain the fundamental reason a variance, defect, or risk exists
Rough Order of Magnitude (ROM) Estimate A cost estimate, performed early in the project, of the completion cost of the project; the tolerance range is -25% to +75%.
S-curve Graphic representation of costs, work, and other quantities over time so that the planned value, earned value, and actual cost of the work can be seen
Sample A part of the population used for a measurement (instead of the entire population)
Schedule Baseline The authorized version of the schedule model that is used as the basis for comparison and can only be modified through a formal change control procedure
Schedule Compression Any technique, such as crashing or fast tracking, used to shorten the duration of the schedule while maintaining the project scope
Schedule Data Information associated with the management of a project schedule
Schedule Forecasts Estimates, based on current project information, that are associated with future schedule events
Schedule Management Plan The document, part of the project or program management plan, that authenticates standards and activities used to produce, track, and administer the schedule
Schedule Milestone A major event in the project schedule; typically involves the start or completion of a major component of the project
Schedule Model A model which includes activity durations and dependencies, used to produce the project schedule
Schedule Network Analysis A technique used to determine late start (LS), late finish (LF), early start (ES), and early finish (EF) dates for incomplete schedule activities
Schedule Network Templates A set of activities and relationships from past projects that meet current project needs
Scheduled Finish Date The planned finish date for an activity, work package, or other piece of the schedule
Scheduled Start Date The planned start date for an activity, work package, or other piece of the schedule
Scheduling Tool A tool that accelerates scheduling by automatically producing activity start and finish dates based on the entry of activities, relationships, resources, and durations
Scope The products, services, and results expected to be provided by the project
Scope Baseline The authorized scope statement, WBS, and WBS dictionary that contain only those modifications authorized through a formal change control process; used as a basis for comparison
Scope Change A change to the product or product scope accompanied by the appropriate modifications to the budget or schedule
Scope Creep A change to the product or product scope not accompanied by the appropriate modifications to the budget or schedule
Scope Management Plan The document, part of the project or program management plan, used to the manner in which the project scope will be delineated, elaborated, monitored, controlled, and authenticated
Secondary Risk A risk that results from a risk response implementation
Selected Sellers Vendors chosen to provide products or services
Self-Organizing Team A team formation type that defines a team able to function without centralized control.
Seller An individual or entity that provides goods or services to a buyer
Seller Proposals An offer from a vendor who is being considered as a provider of a product or service
Sensitivity Analysis A quantitative risk analysis and modeling technique used to identify those risks that have the greatest effect on the project
Sequence Activities The process of determining and recording dependencies between project activities
Service Work performed without resulting in a physical product
Service Level Agreement (SLA) A contract between an internal or external service provider and the end user that delineates the level of service expected from the service provider.
Seven Basic Quality Tools A group of devises used by quality management for quality planning and for monitoring and controlling
Seven Run Rule A rule that states if seven consecutive data points are on one side of the mean (above or below) or increasing/decreasing, then the process is out of control and should be investigated
Sigma A measurement of acceptability of a product or process
Simulation A project computer model that  can counterfeit project outcome when there is uncertainty associated with schedule, cost or resources
Skill The capability to execute project-related activities based on individual subject matter expertise and abilities
Source Selection Criteria Seller attributes that will be considered by the buyer; typically includes capacity to deliver, costs, delivery dates, expertise, and contract approach
Special Cause A non-random or intermittent variable in a system
Specification Limits The area on either side of the mean of data distribution on a control chart
Sponsor The person or group responsible for providing resources and reinforcement for the project and for enabling the project to realize its objectives
Sponsoring Organization The entity that has the responsibility of providing the project’s sponsor and acting as a conduit for project funding or other project resources.
Staff Acquisition The hiring and applying of the needed resources to the project
Stakeholder Any person or entity that may impact, be impacted by, or perceive itself to be impacted by any decision, activity, or outcome of the project
Stakeholder Analysis A technique by which quantitative and qualitative information is amassed and evaluated to determine whose interests should be considered throughout the project
Stakeholder Engagement Assessment Matrix A matrix in which current and desired stakeholder engagement levels are listed for comparison.
Stakeholder Register A project document that lists stakeholder information including name, role, assessment, and classification
Standard An established norm or requirement
Standard Deviation The measurement of variation within a distribution
Start Date The date work begins on an activity; can include qualifiers such as actual, planned, estimated, scheduled, early, late, target, baseline, and current
Start-to-finish (SF) A dependency that requires the start of a predecessor activity prior to the completion of the successor activity
Start-to-start (SS) A dependency that requires the start of a predecessor activity prior to the start of the successor activity
Statement of Work (SOW) A detailed description of the products, services, or results expected from a project or other initiative
Statistical Sampling The selection of a part of a population for examination rather than using the entire population
Status Report A report that states the current shape or state of the project to date
Strategic Planning Long-term planning by a company (usually three to five years in the future)
Strengths, Weaknesses, Opportunities, and Threats (SWOT) Analysis A risk analysis technique which considers the strengths, weaknesses, opportunities, and threats of the project to facilitate a more knowledgeable risk management analysis
Subnetwork A section of the project schedule diagram, typically a work package or subproject, that is frequently used to depict a proposed schedule condition
Subphase A division of a phase of a project
Subproject A portion of the overall project that is established when the project is subdivided into components that are more easily managed
Successor Activity An activity that logically follows its predecessor activity
Summarizers A role that relates back to the overall picture of what the project is focusing on
Summary Activity An array of related schedule activities aggregated and displayed as a single activity.
Sunk Cost Money that has already been spent on a project; should not be considered when selecting or evaluating a project
System An integrated set of pieces used to achieve a specific project goal; could be an actual process or management process, or some mix of both approaches
Tacit Knowledge Individual knowledge (such as beliefs, experience, and insights) that can be difficult to express and share.
Tailoring The determination of the conglomeration of processes, inputs, tools, techniques, outputs, and life cycle phases appropriate to the management of a project.
Tangible Cost/Benefit Easily measurable cost or benefit of a project; measured in dollars
Target Completion Date (TC) A requested project completion date that can be a constraint for the project
Target Finish Date (TF) The date that the project (or activity) is anticipated to be completed
Target Schedule A preliminary schedule that can be used during initial stages of Planning; could differ from the baseline schedule at the conclusion of Planning
Target Start Date (TS) The planned start date of the project or activity
Task An activity to be completed on the project
Team Charter A document that delineates team values, agreements, and operating guidelines and establishes clear expectations regarding acceptable behavior by project team members.
Team Development The creation of individual and team skills to maximize project output
Team Management Plan A component of the resource management plan that delineates the manner and timing in which team members are acquired and released.
Technical Performance Measurement A measurement approach that compares what was technically created in the project to what the project management plan shows should have been created
Technique A procedure, that may employ one or more tools, exercised by a resource to complete project activities
Templates A partially completed instrument that provides the desired format for the assemblage, ordering, and presentation of data and information
Termination Clause A clause in the contract that allows both the buyer and the seller to end the contract
Test and Evaluation Documents Project Documents that delineate the activities used to determine if the product satisfies the quality objectives described in the quality management plan.
Threat A risk whose occurrence will result in a negative impact on the project
Three-point Estimate A technique used to evaluate the cost or duration of an activity by averaging the optimistic, pessimistic, and most likely estimates
Threshold Any value (typically applied to cost, time, quality, technical, or resource) that is used as a parameter; typically crossing the threshold results in a triggered action
Tight Matrix A phrase that describes a war room or close environment for the team; can also be used as a distracter answer on organizational-related questions
Time-scaled Schedule Network Diagram A graphical representation of the project schedule that displays relative to its duration; may include bar charts showing network logic (sequence)
To Complete Performance Index (TCPI) The ratio that represents the cost performance required to complete the work of the project given the remaining resources;  calculated by dividing the remaining project work by the remaining budget (BAC - EV/BAC - AC)
Tolerance The measure of acceptable variation
Tool A device used during the performance of an activity to produce a result or product; templates, software programs, and models are all tools
Top-down Estimating An estimating technique in which the project manager estimates the cost or duration of the project based on the cost or duration of a previous project that is very similar to the current project
Topic Jumpers A role that doesn't stay focused on the primary topics of focus and conversation
Tornado Diagram A specialized bar chart used in sensitivity analysis that compares the relative importance of the variables.
Total Slack (Total Float) The amount of time an activity can slip (be delayed) from its early start date without delaying the overall finish date
Tree Diagram A graphical representation which uses decomposition to organize data into parent and child relationships
Trend Analysis An analytical technique that uses mathematical paradigms to predict future outcomes based on historical data
Trigger Condition An indicator that a risk event could occur
Unanimity A decision with which all group members concurred
Update A modification to any deliverable, project management plan component, or project document that has not been subjected to the formal change control process.
User The person, division, or company that will be the user or owner of the product when the project is complete
Validate Scope The process in which the customer or sponsor reviews and  accepts project deliverables as being complete and correct in accordance with the requirements
Validation The process of determining that the results of the project are in compliance with requirements imposed by the customer and appropriate stakeholders and typically involving acceptance by them
Value Engineering An approach to efficiently and effectively execute the project to decrease life cycle costs and time, increase profits and market share, improve quality and use of resources, and competently resolve issues and problems
Variance Any difference between a planned value or baseline and an actual result
Variance Analysis The assessment of the level and reasons for a variance from planned value or baseline
Variance At Completion (VAC) The projected amount the project will be over or under budget based on the difference between the budget at completion (BAC) and the estimate at completion (EAC)
Variation The difference between the baseline and actual project data at a specific point in time
Verification The process, typically internal, of determining that the results of the project are in compliance with appropriate specifications, requirements, regulatory requirements, and imposed conditions
Verified Deliverables Completed project deliverables that have been reviewed and confirmed for correctness through the Control Quality Process.
Virtual Team A group of people with similar goals who form a team but spend little (if any) time together
Voice of the Customer (VOC) The translation of customer requirements into requisite technical requirements in a manner that ensures the results of the project will meet the requirements of the customer
War Room A room shared by project personnel that can be used for planning and meetings, and display charts, graphs, and various other project information
WBS Dictionary A document that itemizes deliverable, activity, and scheduling information for each WBS component
Weighted Milestone Method An approach to the earned value method in which an activity with a duration exceeding two reporting periods is broken down into smaller activities with durations limited to two reporting periods or less
What-If Scenario Analysis The process of evaluating counterfeit situations to determine their impact on the project
Withdrawal A conflict resolution technique in which you withdraw from the disagreement (or source of conflict)
Withdrawers A role that is non-participatory on the project regarding information and project issues
Work Authorization The authorization to begin work on an activity, work package, or control account at the correct time, by the correct entity, and in the correct progression
Work Authorization System A subsystem within the project management system that is comprised of documented procedures that delineate the method by which project work is authorized so that it will be done at the correct time, by the correct entity, and in the correct progression
Work Breakdown Structure (WBS) A decomposition of the work of the project
Work Breakdown Structure Component Any unit of work defined in the WBS
Work Package The smallest level of WBS work for which cost and time can be assessed and administered
Work Performance Data Measurements or statistics related to the execution of project work
Work Performance Information The evaluation and integration of project execution statistics and measurements gathered from control processes
Work Performance Reports Project status and performance data utilized to produce communications and advance discussion
Workaround A response to a risk that was unplanned or that had an ineffective planned response
Approved Change Request A modification request that has been authorized as a result of undergoing the integrated change control process
Approved Change Requests Review Audit of the implementation of approved modifications to ensure they function as intended
Assumption A premise considered to be true without benefit of proof
Assumptions Analysis The evaluation of project assumptions used to determine the risks that could be incurred as a result of the inexact, fragmentary, or unpredictable nature of the assumptions
Attitude Power A type of power that can involve using a middle person to negotiate for the project manager
Attribute Sampling A testing approach that involves noting the presence or lack of a characteristic (attribute) in each unit being tested and then deciding if the entire sample will be accepted, rejected, or require re-testing after the addition of additional  units
Audit A review of the quality system to determine that it is capable of ensuring quality project results
Authority The power to assign resources, disburse funds, make or authorize decisions for the project
Backward Pass A network diagramming method that calculates the late start (LS) and late finish (LF) dates of each activity by working backward through the schedule from the project completion date
Baseline The agreed upon level of work (or other variable) used as a basis for comparison; once established, any changes must be authorized through formal change control procedures
Basis of Estimates Supporting details associated with an estimate, typically time or cost, that may include assumptions, constraints, level of detail, ranges, and confidence levels
Benchmarking The comparison of enterprise standards and practices to those used in similar organizations for the purpose of determining best practices and/or improvements and establishing a basis for performance measurements
Benefits Management Plan A component of the project management plan that details the manner in which the benefits provided by a project or program are created, maximized, and sustained.
Bid Documents The documentation utilized to request information, quotations, or proposals from prospective sellers.
Bill of Materials (BOM) A formal document showing the hierarchy of components or pieces and their sub-components or sub-pieces that make up the product
BIPERT (Bilogic Extension of the Network Diagram) A model for parallel programs that depicts ingoing (inclusive) and outgoing (excusive) links
Blockers A role that interrupts information flow on the project
Bottom-up Estimating An estimating technique in which individual estimates are rolled up to create a summary estimate for the project
Brainstorming A creative technique used to gather a large amount of information from team members and/or subject matter experts; applicable to ideas, risk identification, and solutions
Budget The total estimate for the project, or any activity, that has been approved
Budget at Completion (BAC) The total project budget derived from incorporating all items from the project's individual budgets; also called the sum of all planned value (PV)
Budgetary Estimate An estimate used to put money into a company's (or project's) budget
Buffer Reserves used to alleviate risks that could negatively impact the budget or schedule
Business Case A document that attempts to prove the economic feasibility of a business idea, such as a product or service, to justify the project
Business Value An abstraction that includes tangible and intangible elements associated with  project, program, and portfolio management that maximize the value to the organization
Buyer The person, group, or entity that obtains the products, services, or results of the project
Calendar Unit The smallest time unit used in project schedules such as minutes, hours, shifts, days, weeks, months, quarters
Cause and Effect Diagram A decomposition approach used to identify the root cause of a problem; also known as a fishbone or Ishakawa diagram
Central Tendency A property of the central limit theorem, which states that data tends to group around a central location; typically utilizes three measurements: the mean, the median,  and the mode
Change A modification to any deliverable, project management plan component, or project document subject to the formal change control process.
Change Control The process of determining, documenting, reviewing, and then approving or rejecting any proposed modifications to project documentation, deliverables, or baselines
Change Control Board (CCB) The group accountable for considering, appraising, and making decisions about (approval, postponement, or rejection) proposed project changes and for the documenting and communicating those decisions
Change Control System The procedures that govern modifications to project documents, deliverables, and baselines
Change Control Tools Tools associated with modification and configuration management
Change Log A list of proposed project modifications and their associated details including description, date, requestor, and status
Change Management Plan A plan that defines the project change management process
Change Request A formal solicitation for a project modification that relates to the approach to, or outcome of, the project
Chart of Accounts A structure used to monitor project cost that usually aligns with a company's accounting system and WBS of the project or program
Checklist Analysis An evaluation of project checklists to determine their effectiveness
Checksheets A sheet that can be used as a checklist when gathering data
Claim A demand, under the terms of the contract, for consideration by the buyer from the seller or the seller from the buyer
Claims Administration The process of managing a project's contract claims
Clarifiers A role that helps focus on making sure people on the project understand what the details of the project entail
Close Project or Phase The process of completing each activity across all process groups in order to finalize a project or phase
Closed Procurements The written formal notification, from the buyer to the seller, that the contract has been completed; typically completion is dependent on the seller meeting the terms and conditions of the contract
Closing Process Group The group of activities associated with concluding the project or phase
Closing Processes Activities during which formal acceptance and completion procedures are attained from either a phase or the project itself
Code of Accounts The numbering system used to distinguish constituents of the WBS
Coercive/Penalty Power A type of power that uses negative approaches including threatening and punishment to get people to do things they don't want to do
Collect Requirements The process of arranging for, determining, and documenting the needs of the stakeholders to align with project objectives
Colocation A technique for improving team effectiveness, as well as communication and collaboration among team members, by placing them in close proximity to each other
Commitment Power A type of power that uses commitment via alliances and partnerships on the project team to tackle challenges to the project as they arise; has a potential connection with referent power
Common Cause A predictable source of variation in a system
Communication Blockers Factors that disrupt the message
Communication Constraints Limitations imposed by legislation, regulation, technology, or policy on message content, timing, audience, or delivery vehicle (person or mechanism)
Communication Methods Procedures, techniques, and processes that are employed to disseminate information to project stakeholders
Communication Model A facsimile that demonstrates the manner in which project communications will be performed
Communication Requirements Analysis An approach to the determination of stakeholder communication requirements, which can include interviews, lessons learned, and analysis of previous projects
Communication Styles Assessment A technique utilized to identify the approach, format, and content preferred by each stakeholder for planned communication activities.
Communication Technology The tools, systems, and computer applications utilized in the dissemination of information to project stakeholders
Communications Infrastructure Tools and techniques used to create the foundation for information transfer on a project
Communications Management Plan The document, part of the project or program management plan, that addresses the communication flow of the project and contains a detailed description of the transmittal process, the transmittal schedule, and the administration process
Company Policy A standard established by a company
Competition Power A type of power that maximizes involvement in the project or idea in the form of competition to help enhance the commitment of those involved to work toward a more successful outcome of the project or idea
Compliance Conformance to a rule, standard, law, or requirement
Compromise A conflict resolution technique in which a solution involves (typically) a little of what everyone is proposing for a solution
Conduct Procurements The process of receiving the seller response(s) to the request(s) for quote(s), information, proposal(s), or bid(s), then determining the seller(s), and awarding the contract(s)
Confidentiality The act of not providing certain confidential information to those who should not know about it
Configuration Management A process which verifies that the products of the project are complete and accurate
Conflict Management The management of conflict within the project by applying such techniques as problem solving, collaboration, forcing, compromising, accommodation, and avoidance
Conflict of Interest A situation in which an individual or company engages in behavior that is inappropriate, but not necessarily illegal (it could be illegal)
Conformance Within the quality management system, the delivery of a product or result that falls within the acceptable tolerance levels of quality requirements
Conformance to Requirement The point where the project and product meet the standards of the written specifications defined at project inception (or modified through change control)
Conformance Work Endeavors, typically related to prevention and inspection, that compensate for issues preventing organizations from achieving planned results
Confrontation Directly dealing with a conflict via problem-solving techniques so that the parties can work through any disagreement
Constraint An internal or external limitation of the project
Context Diagrams A graphical representation of the scope of a business system that includes processes, equipment, and computer systems and indicates the manner in which people and other systems interact with the business system
Contingency A possible event that could negatively impact the project and is typically neutralized by accessing the time or cost reserve established for that purpose
Contingency Allowance An allowance or reserve, typically related to the budget or schedule, set aside to compensate for unanticipated events
Contingency Reserve Funds set aside for unforeseen events that can negatively effect the project
Contingent Response Strategies The tactics that will be employed if a specific risk trigger occurs
Contract A mutually binding agreement that requires, in accordance with the terms of the agreement, the seller to deliver goods or services to the purchaser and the purchaser to compensate the seller for those goods or services
Contract Change Control System System that manages contract amendments
Control The process of contrasting actual performance to planned performance, assessing the resulting variances, and determining the actions that will improve performance levels
Control Account A specific point in the work breakdown structure (WBS) where the project scope, budget, actual cost, and schedule are combined and then compared to earned value in order to establish performance metrics
Control Chart A graphic representation of process data over time that is set against documented control limits and has a center line (mean) to assist in identifying trends
Control Costs The process of observing project status in order to revise project costs and administer cost baseline revisions
Control Limits The area comprised of three standard deviations that occur on either side of the mean of normal data distribution on a control chart
Control Procurements The process of managing contract  performance
Control Quality The process of testing a project's product, service, or result and then issuing an approval or recommendation for change
Control Schedule The process of observing project status in order to revise progress and administer schedule baseline revisions
Control Scope The process of observing project status and scope in order to administer scope baseline revisions
Copyright The legal protection of the ownership rights to a creative work such as literature, software, music, art, as well as the physical or electronic media containing the creative work
Corrective Action An action to bring project work performance into alignment with the project management plan
Cost Aggregation Adding together the work package cost estimates for high-level WBS components, including control accounts, for the purpose of establishing the value of the total project or the control account work
Cost Baseline The authorized project budget version, exclusive of management reserves, that requires a formal control process to effect changes and is used as the basis of comparison to actual costs
Cost Management Plan The document, part of the project or program management plan, used to describe the framing, forming, observation, and control of project costs
Cost of Nonconformance Cost associated with not meeting quality expectations of the project or product
Cost Plus Award Fee Contracts (CPAF) A contract in which the seller receives payments for actual costs related to completed work plus an award that is at the discretion of the buyer; the award  that typically represents seller profit
Cost Plus Fixed Fee (CPFF) Contract A contract in which the supplier receives payment for allowable costs plus a fixed fee typically based on estimated cost
Cost Plus Incentive Fee (CPIF) Contract A contract in which the supplier receives payment for allowable costs, as well as a pre-negotiated fee and an incentive fee (if incentives are met)
Cost Plus Percentage of Cost (CPPC) Contract A contract that reimburses the seller for cost, plus a negotiated percentage of the total costs
Cost-benefit Analysis A financial analysis method that compares the potential revenue derived from an opportunity to the cost of that opportunity
Crashing A compression technique to shorten the duration of the schedule, typically by adding additional resources to critical path activities
Create WBS The process of breaking down the work of the project into minimal components for more effective management
Criteria Standards applied to a product, service, result, or process in order to make a decision or render a judgment about that product, service, result or process
Critical Chain Method A technique applied to the schedule so the project team can ascertain the amount of float needed to offset uncertainties or limited resources that appertain to a schedule path
Critical Path The progression of activities that comprise the longest path through the project; used to ascertain the project duration
Critical Path Activity An activity on the critical path of a project schedule
Critical Path Method A technique used to assess minimum project duration and ascertain any schedule adaptability that appertains to logical network paths
Customer The internal or external individual(s) or entity(ies) that pay(s) to obtain a project product, service, or result
Customer Satisfaction Meeting or exceeding customer expectations as a result of evaluation within the quality system
Data Discrete, unordered, unprocessed metrics or raw observations.
Data Analysis Techniques Techniques used to order, assess, and evaluate data and information.
Data Date The point in time when the project data is recorded or monitored
Data Gathering and Representation Techniques The collection, organization, and presentation of data and information
Data Gathering Techniques Techniques utilized to amass data and information from diverse sources.
Data Representation Techniques Approaches, especially the creation of graphical representations, utilized to communicate data and information.
Decision Tree Analysis A technique used to assess possible responses to a threat or opportunity in order to make the best decision; it involves diagramming the options and notating the expected monetary value (EMV) potential of each option
Decomposition The process of breaking down the work of the project into smaller, more controllable components
Defect A fault or inadequacy in a project component that must be corrected or replaced before project requirements or specifications can be met
Defect Repair The correction of a fault or inadequacy in a project component
Define Activities The process of determining specific activities that must be executed in order to create project deliverables
Define Scope The process of developing the project scope statement, the document that details the expected results of the project
Definitive Estimate A cost estimate that provides an accurate estimate of the project cost; the final cost estimate used before implementation; typically the range of -10%  to +10%
Deliverable Any product, result, or service that must be generated to complete a process, phase, or project
Dependency The relationship between two activities or between an activity and a milestone, also known as a logical relationship
Dependency Determination The assignment of logical relationships between activities; logical relationships are designated as mandatory or discretionary and internal or external
Design of Experiments A statistical process used to determine the factors that may impact specific product or process variables
Determine Budget The process of totaling the evaluations of individual activities to arrive at an authorized cost baseline
Develop Project Charter The process of evolving the document that authorizes the project and authorizes the project manager to employ organizational resources to do the work of the project
Develop Project Management Plan The process of specifying, creating or adapting, reconciling, and integrating applicable management and other planning documents into one comprehensive document
Develop Schedule The process of evaluating the progression and duration of activities, the demands on resources, and the limitations imposed on the schedule to create the model for the project schedule
Develop Team The process of enhancing the capabilities, interaction and environment of the project team in order to refine project execution
Development Approach The method (predictive, iterative, incremental, agile, or hybrid) utilized during the project life cycle to produce and elaborate the product, service, or result of the project.
Devil's Advocate A role that contradicts popular views or opinions about the work of the project
Diagramming Technique A method that indicates the logical links between data
Dictatorship A decision-making technique that involves one person making the decision for the group
Direct and Manage Project Work The process of administering the execution of the project management plan
Direct Cost Cost that is directly applicable to the project; examples include the cost of a test computer for software being created by the project, the cost of IC chips, or the costs of project labor
Discrete Effort Work that can be directly tied to the completion of WBS components or deliverables; the work must be measurable
Discretionary Dependency An activity that the project manager (or other decision maker) arbitrarily chooses to designate as a dependency; for example, making the reservation of a hotel room dependent on the purchase of a plane ticket; also known as soft logic
Distribute Information Deliver needed project information to stakeholders in an appropriate timeframe
Document Analysis The evaluation of current documentation related to project risk
Documentation Reviews The process of ensuring the accuracy and completeness of project exhibits
Dominators A role that consumes project communication and focus with their own views without considering others
Dummy Activities A zero duration activity used in the arrow diagramming method (ADM) to show a logical relationship; represented graphically with an arrow having a dashed line
Duration (DU or DUR) The time, exclusive of holidays or other days in which business is not conducted and typically measured in workdays or workweeks, required to complete a specific activity or WBS component
Early Finish Date (EF) The earliest possible date for an activity to be completed based upon the schedule network logic
Early Start Date (ES) The earliest possible date for an activity to be started based upon the schedule network logic
Earned Value (EV) The value of the work that has been completed as of a specific point in time calculated by multiplying the completion percent of activity by its planned value, then adding the results; also known as the budgeted cost of work performed (BCWP)
Earned Value Management A technique, effected by considering actual cost (AC), time (PV) , and what has been accomplished (EV), that is used to determine project progress and performance
Earned Value Technique (EVT) The technique associated with measuring the amount of completion of a work breakdown structure component, control account or project
Effort The amount of labor (typically measured in hours, days, or weeks) required to complete an activity or WBS component
Emotional Intelligence The ability to determine, assess, and manage the emotions of individuals or groups
Empathetic Listening Listening with the goal of understanding what the sender is trying to communicate
Encouragers A role that helps the project and team by focusing on what the project is creating, not the challenges of the project
Enterprise A company, business, or other formal structure that encompasses a business function
Enterprise Environmental Factors Internal and external variables, not under the control of the project team, that impact the project
Estimate An approximation of an outcome, based on experience or calculation, that is typically applied to cost, effort, or duration and usually contains a modifier (e.g. preliminary) and an accuracy indication (e.g. ±%)
Estimate Activity Durations The process of approximating the number of work periods required to complete activities in consideration of available resources
Estimate Activity Resources The process of approximating the amount of people and equipment needed to perform each activity
Estimate at Completion (EAC) The expected cost of performing all of the work in the project calculated by adding the actual cost (AC) to the estimate to complete (ETC)
Estimate Costs The process of approximating the monetary resources required to complete the work of the project
Estimate to Complete (ETC) The expected monetary resources required to complete the remaining work of the project; calculated by subtracting actual cost (AC) from the estimate at completion (EAC)
Ethics The standards we use to determine what is right and wrong; varies for everyone
Ethnocentrism An attitude that one's group is superior to others
Exception Report A report that includes significant variations from the planned activities
Execute Perform the tasks of the project management plan, create the project deliverables, and generate work performance information
Executing Process Group The processes performed to achieve the work detailed in the project management plan in order to meet the requirements delineated in the project specifications per the work identified in the project management plan
Expectancy Theory The premise that the reward for work achieved will be relative to the amount of effort or perceived effort
Expected Monetary Value (EMV) A statistical technique, typically applied in decision tree analysis, used to determine the average outcome when contingent scenarios for future project risks must be considered
Expert Judgment The opinion of an authority on  a project-related subject
Expert Power A capacity in which one uses personal knowledge and expert opinion to get others to do what is desired
Explicit Knowledge Knowledge that can be classified utilizing such symbols as words, numerals, and images.
External Dependency A relationship between project activities and non-project activities
Facilitated Workshop A focused session involving cross-functional stakeholders and a designated leader that is  conducted to achieve a specific goal, such as the creation of project requirements
Failure Mode and Effect Analysis (FMEA) An analytical process that examines all possible failure points, individually or in conjunction with others, to ascertain the impact on the product or system
Fallback Plan The plan that will supersede the original plan if it is not effective
Features The characteristics that the user desires built into a product
Fee Profit realized by the seller upon completion of a procurement contract
Finish Date A point in time related to the completion of a schedule activity and typically qualified as actual, planned, estimated, scheduled, early, late, baseline, target, or current.
Finish-to-finish (FF) A dependency that requires the completion of a predecessor activity prior to the completion of the successor activity
Finish-to-start (FS) A dependency that requires the completion of a predecessor activity prior to the start of the successor activity
Firm Fixed Price Contract (FFP) A contract that requires the seller to provide products or services for a set price based on a well defined scope of work; the seller assumes the majority of risk
Fitness for Use A product that can be used as it was intended when designed
Fixed Price Contract A mutually binding agreement that compensates the seller for goods or services on the basis of a fixed amount identified in the agreement, notwithstanding the seller's costs
Float The amount of time an activity can be delayed without delaying successor activities or the project completion date
Flowchart A graphical representation, including inputs, actions, and outputs, of one or more of the system processes
Flowcharting (Technique) A decomposition approach to breaking a system or process into block steps that can be repeated by following the diagram
Focus Group A focused session involving pre-qualified stakeholders, subject matter experts (SMEs), and a designated leader that is conducted to determine expectations and views regarding a potential product, service, or result
Forcing Applying an all or nothing (win/lose) to get the desired result
Forecast The estimation of a future state of a project based on the performance levels of the organization or a previous project;  typically includes measurements associated with estimate at completion (EAC) or estimate to complete (ETC)
Formal Acceptance Attaining signature for a piece of the project or the complete project, where the signature represents completion or closure of the project or that piece of the project
Forward Pass A network diagramming method that calculates the early start (ES) and early finish (EF) dates of each activity by working forward through the schedule from the project inception date or a specific point in time
Free Float The amount of time an activity can be delayed without violating any schedule limitation and without delaying the early start date of successor activities
Fringe benefits An extra, typically not used as a motivator, that is given to everyone in the company or on the project; examples are paid holidays and health insurance
Functional Manager A manager of any unit that creates a product or executes a service; also known as a line manager
Functional Organization An entity that is arranged by department or purpose and focuses on operational work rather than project work
Funding Limit Reconciliation The process of comparing planned project expenses to any limitations or constraints in project funding
Gantt Chart A graphical representation that registers activities on the vertical axis and depicts the activity durations, based on their start and finish dates, on the horizontal access; also known as a bar chart
Goods Products that have been created and are available for purchase
Government The authority that directs and controls a locality, state, or nation
Grade A ranking to classify products that have different functions or features
Ground Rules Statements that describe the expected behavior of the project team
Group Creativity Technique A focused session involving stakeholders and a designated leader that is conducted to develop ideas
Group Decision Making Technique A focused session involving stakeholders and a designated leader that is  conducted to review decision methods available for use with specific activities such as generating, classifying, and prioritizing requirements
Guideline An official recommendation that describes the policies, standards, or processes related to the completion or a process or activity
Hammock Activity A group of related activities reported as a single activity, sometimes called a summary activity; on a schedule, the summary activity is displayed followed by the related activities, which are indented
Harmonizers A role that helps evolve information and understanding on the project above the team members
Hierarchy of Needs A pyramid representation of Maslow's Theory that a person's motivation is based on needs (and where the person fits in this pyramid)
Histogram A graphical representation, in the format of bar chart, that depicts the central tendency, dispersal, and shape of a statistical distribution
Historical Information Documented data from prior projects consulted as a learning tool
Identify Risks The process of identifying the risks that can impact the project and documenting their attributes
Identify Stakeholders The process of determining all people and entities affected by the project, evaluating and recording any information appropriate to their concerns, involvement, interdependencies, and possible affect on the success of the project
Implement Risk Responses The process of executing endorsed risk response plans.
Imposed Date A fixed date exacted on a scheduled activity or milestone, usually formulated as "not to start before" and "not to finish after"
Inappropriate Compensation Money or other items of value that are "earned" via improper activities
Incentive Fee An amount paid, in addition to the contract amount, for exceeding expectations, particularly in the areas of cost, schedule, or technical performance
Incremental Life Cycle The progression of project phases characterized by an early determination of scope, the adjustment of time and cost estimates as the team learns more about the product, and an increase in functionality resulting from incremental delivery
Independent Estimates The use of estimates created by an independent person or group to support internal project estimates
Indirect Cost Cost that is not directly accrued on the project (Ex: electricity, taxes, rent)
Influence Diagram A graphical representation of relationship between variables and outcomes including situations with causal influence and event time sequences
Influencer A person or organization that is not necessarily directly related to the project but can influence the project in either a good or bad way
Information Ordered data that has been processed to be meaningful, significant, and utilitarian in specific contexts.
Information Gathering Techniques Processes used to obtain and organize data from a variety of sources
Information Givers A role that shares information and thus helps enhance communication on the project
Information Management System A system that collects, stores, and distributes data to project stakeholders;  data format may be physical or electronic
Information Seekers A role that works to enhance information and knowledge associated with the project
Initiating Process Group The processes associated with the inauguration of a new project or phase; typically involves obtaining approval and identifying project stakeholders
Initiation Commitment from the sponsor and organization to start a project or to continue it to the next phase
Initiator An organization or individual authorized and capable of starting a project
Input Any internal or external item that is required before a process can continue; it can also be an output from a predecessor process
Inspection The evaluation of an activity, product, result, service, or component to determine that it meets the desired standards for use and conforms to requirements
Intellectual Property Ideas and concepts created by an individual or company, typically eligible for copyright or patent, thus providing ownership properties
Internal Rate of Return (IRR) A project comparison value; represents the discounted rate that zeroes out the net present value (NPV)
Interpersonal Skills The abilities that maximize the establishment and maintenance of relationships with project stakeholders; examples include the ability to communicate clearly, to motivate others, and to effectively negotiate; also known as soft skills
Interrelationship Diagrams A graphical representation of the cause and effect relationships of the variables of creative problem solving
Interviews A focused session involving individual stakeholders and a designated leader that is conducted to elicit specific information
Investment Power A type of power that involves delaying key decision(s) so enough time passes that stakeholders or other such parties can make a significant time investment in the project
ISO 9000 Developed by the International Organization for Standardization (ISO) as a means to plan, control, and document processes, and overall improve quality
Issue A disputed or unsettled condition
Issue Log A project document that tracks elements that cause stakeholder concern or dissension
Kaizen A technique that takes a proactive stance to process development, one that makes improvements throughout a process as time evolves
Kickoff Meeting A meeting used to initiate the start of the project; typically attended by all the key stakeholders; can be done when Initiating or Planning is complete depending upon the organization
Knowledge The composite of experience, values and beliefs, contextual information, intuition, and insight that people employ in an attempt to make sense of new experiences and information.
Knowledge of Needs Power A type of power that attempts to realize the two things that are negotiated for: what the other party says they are after, and what they are after that hasn't been made public
Lag The amount of time, predicated on the start or finish of a predecessor activity, a successor activity must be delayed
Late Finish Date (LF) The latest possible date for an activity to be completed based upon the schedule network logic, the project finish date, and schedule limitations
Late Start Date (LS) The latest possible date for an activity to be started based upon the schedule network logic, the project finish date, and schedule limitations
Law A standard created by local, state, or national governmental authority that requires compliance and often carries penalties for non-compliance
Lead The amount of time, predicated on the start or finish of a predecessor activity, a successor activity can be moved up
Learning Curve Theory A theory which states that the more of something that is produced, the lower the unit cost of it becomes due to an improvement in efficiency
Legitimate Power Getting people to do what you desire based on your authority
Lessons Learned The knowledge of what worked and what didn't work during a project
Lessons Learned Register A project document utilized to record knowledge gained, both positive and negative, during the project; the information contained in register can be used in the current project and entered into the lessons learned repository for use with future projects.
Lessons Learned Repository A container, typically electronic, for storing historical information about lessons learned during the performance of project work.
Level of Effort (LOE) An activity that doesn't produce an end product, but is required to support work-related activities or the project and involves a consistent rate of work over time; for example, liaising with the customer or performing administrative duties
Life Cycle Costing Consideration of not just project cost, but total ownership (operations and support) cost of the item created by the project
Log Documentation of selected items that occur during a project, typically modified to reflect the condition of the item (issue, quality control item, action, or defect)
Logical Relationship A connection between two activities, or between an activity and a milestone.
Majority The votes of more than half of the members of a group, typically used to denote agreement with a decision
Make or Buy Analysis The process of determining whether specific work should be created by the project team or purchased from an external source
Make or Buy Decisions The result of the process of determining whether specific work should be created by the project team or purchased from an external source.
Manage Communications The gathering of meaningful project data to create communications that will be disseminated, placed in a repository for future access, and disposed of per the communications management plan.
Manage Project Knowledge The process of utilizing existing knowledge and producing new knowledge to achieve a project’s goals and contribute to organizational knowledge.
Manage Quality The process of converting the quality management plan into executable activities that integrate the organization’s quality policies into the project.
Manage Stakeholder Engagement Work and communicate with stakeholders to ensure satisfaction of their legitimate needs and expectations, to resolve their issues, and to include them in appropriate decision making
Manage Stakeholder Expectations The process of communicating with the stakeholders to determine their expectations and addressing issues in a timely manner
Manage Team The process of monitoring the performance of team members, providing feedback, resolving issues, and administering team changes to enhance project performance.
Management by Objectives (MBO) An administration method that  aligns, or realigns, projects to strategic objectives
Management by Projects Performing day-to-day operations by a project management approach
Management Reserve Funds set aside for unanticipated project work and excluded from the performance measurement baseline
Management Skills The ability to plan, organize, direct, and control in order to achieve project goals
Mandatory Dependency A relationship that is necessitated by virtue of a contractual requirement or the work itself
Market Research The process of gathering information about customers or markets
Master Schedule A summary timetable that includes significant deliverables, key WBS components, and key milestones
Material Any materials used on a project; examples include equipment, tools, machinery, and supplies
Matrix Diagrams A quality management tool that analyzes data by showing relationships between the data
Matrix Organization An organizational framework that mandates the sharing of responsibility for the assignment of resources and priorities between the project manager and the functional manager
Mean The average value in a measurement of a population
Merge A coming together (convergence) of activities on a network diagram
Methodology A body of rules, practices, processes, and techniques employed within a field
Milestone A meaningful project event typically preceded by a series of activities that lead to its completion
Milestone List A list of significant events in the project that may be designated as mandatory or optional
Milestone Schedule A summary timetable that itemizes key milestones
Mind-Mapping A technique used to integrate ideas created through individual brainstorming sessions into a single map in order to highlight similarities and differences in understanding and generate new ideas.
Mirroring Matching behavior characteristics of another person or group
Monitor Accrue project data for comparison to project plans,  produce performance measures, and report project information
Monitor and Control Project Work The process of monitoring, evaluating, and governing performance progress as detailed in accordance with the project management plan
Monitor Communications The process of fulfilling the informational needs of the project and its stakeholders.
Monitor Risks The process of monitoring known risks, reducing any risks, identifying any new risks, and monitoring risk reduction over the life of the project
Monitor Stakeholder Engagement The process of monitoring stakeholder relationships and optimizing the approach to stakeholder engagement through the modification of related strategies and plans.
Monitoring and Controlling Process Group The processes required to monitor, evaluate, and govern performance progress in accordance with the project management plan and to effect and record any necessary modification of the project plan
Monte Carlo Simulation A process that simulates possible project schedule or cost outcomes;  often used to estimate required reserves based on the scatter diagram or probability table that is typically the output of the process
Moral or Ethical Power A type of power that uses a moral or ethical perspective tied to one's values in the negotiation process
Most Likely Duration The most probable, or realistic, estimate of elapsed time  for an activity based on data from previous projects or expert judgment
Multi-criteria Decision Analysis A process that utilizes a decision matrix to systematically analyze project information such as risk levels, uncertainty, value, and prioritization
Near-critical Activity Any schedule network diagram activity that is close to zero slack
Negotiated Settlement The resolution and finalization of any contract related issues, claims, and disputes
Negotiation The art of reaching an agreement or resolving issues between two or more parties
Network Diagram A schematic of logical relationships that make up the flow of activities on the project; always drawn from left to right
Network Logic The assemblage of activity dependencies that constitutes the project schedule network diagram
Network Path An uninterrupted series of activities depicted in a schedule network diagram and connected by dependencies
Networking Creating supportive connections and relationships with individuals or groups
Node A point in a schedule network that is the juncture of some or all dependency lines
Nominal Group Technique A technique, effected by a voting process, that is used to prioritize ideas by utility for further brainstorming
Non-disclosure Agreement (NDA) A document signed by the owner of intellectual property and those who view it when it is not generally exposed to the public, or if it is a new idea, before it is displayed to the public
Nonconformance Work The work associated with correcting errors, including those that arise from a failure to adhere to the policies, standards, rules, and regulations that impact the project
Normal Distribution A bell-shaped curve that is in sync with the mean of the population
Objective A goal  that the project is expected to accomplish; the goal could be related to a strategic position, purpose, result, service, or product
Observations To view individuals performing the tasks required by their positions
Operations The day-to-day repeatable activities that a company performs
Opportunity A risk whose occurrence will result in a positive impact on the project
Opportunity Cost The amount associated with bypassing one opportunity in favor of another; as an example, if the pursuit of project B with a value of $75K is elected over the pursuit of project A with a value of $50K, $50k value of project A will not be realized
Optimistic Duration The shortest estimate of elapsed time or lowest cost for an activity based on data from previous projects or expert judgment
Organizational Breakdown Structure (OBS) A ranked representation of the project organization that illustrates the relationship between activities and their performing organization unit
Organizational Learning The study of the manner in which knowledge is elaborated by individuals, groups, and organizations.
Organizational Planning Determining, assigning, and documenting responsibilities, roles, and reporting relationships on a project
Organizational Process Assets The process-related assets of the performing organization including, but not limited to, procedures, processes, policies, knowledge bases, templates, documentation, and plans
Output A product, service, or result created by a process;  could also be an input to another process
Over-allocation A situation in which a resource is applied to too many activities at the same time to accomplish them all within the acceptable timeframe
Overall Project Risk The impact that uncertainty, including the cumulative effect of individual risks, has on the project; the exposure of stakeholders to the implications of variations in project outcome, both positive and negative.
Parametric Estimating A technique, effected by a calculation that employs an algorithm, used to determine cost or duration
Parametric Modeling Application of a mathematical model used to estimate project components (time, cost, scope) by having other variables entered into the application
Pareto Analysis A technique used to identify instances of frequently recurring issues that impact a system, project, or process
Pareto Diagram A bar chart, ordered by occurrence frequency, depicting the number of outcomes for each identified cause
Patent A legal device which gives ownership of an idea or design to an individual or company that creates the idea or design
Path Convergence A node on a network diagram that indicates the merger of parallel paths; distinguished by an activity with multiple predecessors
Path Divergence A dependency between a schedule activity and its multiple successors; sometimes called a burst
Payback Period The amount of time needed to recover the investment in the project
Payment Systems A system that creates invoices and tracks payments for project products and services
Percent Complete The  completed work estimate of an activity or WBS component expressed as a percentage
Perform Integrated Change Control The process of determining, recording, and approving or rejecting changes to project documentation, deliverables, or baselines
Perform Qualitative Risk Analysis The process of ranking risks for additional evaluation based on the probability of each risk and the impact on the project if the risk occurs
Perform Quality Control Observe project results to verify they meet the applicable quality standards while attempting to improve overall quality
Perform Quantitative Risk Analysis The process of numerically evaluating the impact of identified risks on the project
Performance The level of success at which a product performs its intended use
Performance Measurement Baseline (PMB) The comparison of project execution to the approved and integrated scope, schedule, and budget (exclusive of management reserves, but inclusive of contingency reserves) for the purpose of gauging and administering performance
Performance Reporting The collection and interpretation of performance data; can include status, progress, and forecast reports
Performance Review A technique that measures, compares, and analyzes actual project data against the baseline
Performing Organization An organizational framework whose employees are primarily involved in doing the work of the project or program
Perks An extra, typically used as a motivator, that is not given to everyone in the company or on the project; examples are being sent to a special training class or seminar
Persistence Power Continuing on a course to achieve an objective or goal
PERT Weighted Average An estimating technique used to take the pessimistic, optimistic, and realistic (most likely) estimates to achieve a cumulative estimate
Pessimistic Duration The longest estimate of elapsed time for an activity based on data from previous projects or expert judgment; typically used in three-point or parametric estimates
Phase Gate A review which is conducted at the end of a phase to decide if the project should continue to the next phase, if the project should continue to the next phase with modification, or if the project or program should be terminated.
Plan Communications Management The process of identifying and evaluating stakeholder information and requirements for the purpose of developing a suitable project communications approach
Plan Cost Management The process of establishing policies, procedures, and documentation for the planning, execution, and monitoring and controlling of cost-related project items
Plan Procurement Management The process of managing procurement planning activities
Plan Quality Management The process of identifying quality requirements and standards for the project and deliverables as well as documenting compliance with the project's quality approach and requirements
Plan Risk Management The process of determining the methods that will be used to execute project risk management activities
Plan Risk Responses The process of determining the actions that will be taken should a threat or opportunity arise within the project
Plan Schedule Management The process of creating policies, procedures, and documentation for the planning, executing, and controlling of the project schedule and related documents
Plan Stakeholder Engagement The process of establishing management strategies that will engage stakeholders in project related decisions; the strategies are based on the needs, interest levels, and impact levels of the stakeholders
Planned Value (PV) The total value of the work scheduled as of a certain point in time; also known as the budgeted cost of work scheduled (BCWS)
Planning Package A WBS component that has no detailed scheduled activities even though it is known to have work content
Planning Power Using preparation followed by negotiation to effectively plan the project
Planning Process Group The processes required to create the management and other planning documents that comprise the project management plan
Plurality The votes of the largest block in a group when a majority is not required, typically used to denote agreement with a decision
PMI Code of Ethics and Professional Conduct A standard that PMI requires candidates to agree to before they take the PMP Examination
Point of Total Assumption (PTA) The total amount of money the buyer will pay regardless of cost overrun on the contract
Policy A course of action adopted by an organization to facilitate operational and project work
Population The entire group of similar criteria (Ex: All Americans, all owners of a particular product)
Portfolio The projects, programs, and other work that comprise the portfolio and are managed in a coordinated manner to accomplish strategic goals
Portfolio Management The coordinated management of the projects, programs, and other work that comprise the portfolio for the purpose of accomplishing strategic goals
Position Description A description of the roles and responsibilities of a team member
Power The possible ability to influence behavior or performance of others
Practice A professional or management activity that feeds the execution of a process that may use one or more tools or techniques
Precedence Diagramming Method (PDM) A technique used to create a schedule model in which activities are represented by nodes and graphically linked by one or more logical relationships in order to display the sequence in which the activities are to be performed.
Precedence Relationship A dependency in the precedence diagramming method; also known as a logical relationship
Precedent Power A type of power that uses something which has achieved desired results in the past regardless if it was on the current project environment or elsewhere
Precision The accuracy of the measurements used by the  quality management system
Predecessor Activity An activity that logically precedes a successor activity
Predictive Life Cycle A life cycle type that determines project scope, time, and cost during the early phases of the life cycle.
Prevention Cost Cost of planning and executing a project within an acceptable range of error (or error free)
Preventive Action An activity performed to evade an event that would negatively impact project performance
Prioritization Matrices A quality management tool used to identify issues and potential alternatives related to the establishment of implementation priorities
Probability and Impact Matrix An array used in qualitative risk management to prioritize risk, typically based on each risk's probability of occurrence and potential impact
Procedure A method executed to achieve a suitable performance or result
Process An ordered series of activities executed to create a product, result, service, or output
Process Adjustments Adjustments made to modify the output of a process to achieve a better degree of quality
Process Analysis The evaluation of a process with the goal of identifying potential improvements
Process Decision Program Charts (PDPC) A graphical representation used to develop contingency plans based on possible failure points in the main plan
Procurement The acquisition of goods or services from an outside source (vendor)
Procurement Audits Examinations of contracts and contract processes for legality, completeness, accuracy, and effectiveness
Procurement Documents The instruments used with bid and proposal activities that include the Invitation for Bid (IFB), the Invitation for Negotiation (IFN), the Request for Information (RFI), the Request for Quotation (RFQ), and the Request for Proposal (RFP)
Procurement Management Plan The document, part of the project or program management plan, used to describe the methods that will be employed by the project team to obtain goods and services from outside the organization
Procurement Performance Reviews An examination of the seller's execution of the contract, particularly as it relates to the on-schedule and within-budget delivery and overall quality of the product or service
Procurement Statement of Work A description of a procurement item that is broken down to the appropriate level of detail that will allow potential sellers to determine if they are capable of providing the products or services associated with the contract scope
Procurement Strategy The buyer’s approach to determining the project delivery method and the class of legally binding agreement(s) that will be used to deliver the desired results.
Product An output of the project that is quantifiable and can be described as material and goods
Product Analysis An approach used to convert a business-defined product into project deliverables; typically involves asking business representatives questions about the intended uses and characteristics of the product
Product Life Cycle The phases of product development, typically defined as conception through delivery, expansion, maturity, and disengagement
Product Scope The features and functions of a project's product, service, or result
Product Scope Description The documented depiction of the features and functions of a project's product, service, or result
Professional and Social Responsibility Ethics expected in project managers; includes balancing stakeholder interests and reporting violations
Professionalism Power Being professional and practical when working with others; helps to foster a win/win relationship with those that work with the project manager by allowing the project manager to look at the people and their needs
Profit Money made after expenses have been subtracted from revenue
Profit Margin Ratio between revenues and profit on a project, product, or initiative
Program A group of related projects, subprograms, and program activities administered in a coordinated manner in order to realize benefits that would not be available if administered separately
Program Evaluation and Review Technique (PERT) An estimation technique, used when individual estimates are questionable, that involves applying a weighted average of optimistic, pessimistic, and most likely estimates
Program Management The exercise of knowledge, expertise, tools, and techniques to meet program requirements and realize benefits and control unavailable when component projects are administered individually
Progress Report A report that states what has been accomplished in a specific amount of time on the project (but not the entire project)
Progressive Elaboration The iterative process of increasing the level of detail in accordance with the increase in information discovery and estimation accuracy
Project A temporary undertaking to produce a unique product, service, or result
Project Archives A set of records that correctly describe and document the history of the project
Project Calendar A calendar that indicates working days and shifts available for project activities
Project Charter An instrument issued by the project sponsor or initiator that approves the existence of the project and authorizes the project manager to assign resources held by the organization to project activities
Project Communications Management The processes required to gather, produce, allocate, reposit, retrieve, administer, regulate, track, and ultimately dispose of project information so that the appropriate parties receive the appropriate information at the appropriate time
Project Cost Management The processes required to estimate, budget, disburse, administer, and regulate costs in order to complete the project within the approved budget
Project Forecasting A reporting method in which future performance is estimated based on past performance of the project
Project Funding Requirements The forecast of project costs based on the cost baseline for the total project plus any anticipated liabilities; the forecast can be applied to specific time periods rather than to the project as a whole
Project Governance The alignment of project goals with the strategy established by the organization, the project sponsor, and team; must fit within the organizational governance, but is separate from that organizational governance
Project Initiation The process that can result in project authorization
Project Integration Management The processes and activities required to determine, depict, conjoin, unify, and reconcile project management processes and activities
Project Life Cycle The phases, from initiation through closure, of a project associated with the work of the project, as opposed to being associated with its project management
Project Management The exercise of knowledge, expertise, tools, and techniques to meet project requirements
Project Management Body of Knowledge The total knowledge contained within the project management profession including its practices, both customary and groundbreaking, whether published and non published
Project Management Information System (PMIS) A system, either manual or automated, comprised of the tools and techniques used to amass, incorporate, and disseminate the results of project management processes in order to reinforce all facets of the project
Project Management Knowledge Area A recognized project management area that is qualified by its component practices, processes, inputs, outputs, tools, and techniques and delineated by its knowledge requisites
Project Management Office (PMO) An organization area responsible for standardizing governance processes for projects and for making available resources, methodologies, tools and techniques
Project Management Plan The cumulative document, containing all management plans and other planning documents, that serves as the blueprint for realizing the objectives of the project
Project Management Process Group The aggregation of the processes, along with their inputs, outputs, tools, and technique, that make up project management including initiating, planning, executing, monitoring and controlling, and closing
Project Management Staff Members of the project management team including the project manager and the scheduling, budgeting, and risk management staff
Project Management System An organized approach to project management that can include processes, procedures, tools, techniques, methodologies, and resources; can be used by the project manager or organization
Project Management Team The individuals on the project team who perform project management activities
Project Manager (PM) The person authorized by the performing organization to direct the team accountable for realizing project objectives
Project Network Diagram A view of the logical relationship (sequencing) of project activities
Project Organization Chart The graphic representation that illustrates the interrelationships between team members assigned to a specific project
Project Phase An aggregation of logically related activities that results in the completion of a deliverable or deliverables
Project Procurement Management The processes required to purchase or acquire any products, services, or results from a source outside of the project team
Project Quality Management The processes defined and activities performed by the organization to identify quality related policies, aims, and responsibilities in order to ensure that the project meets its objectives
Project Resource Management Project resource management encompasses the processes utilized for the identification, acquisition, and management of the resources required for the successful conclusion of the project.
Project Risk Management The process required to plan for, determine, evaluate, respond to, and control potential or actual project threats and opportunities
Project Schedule The document, an output of the schedule model, that depicts linked activities with their estimated dates, durations, milestones, and resources
Project Schedule Management Project schedule management encompasses the processes required to manage the timely conclusion of the project.
Project Schedule Network Diagram A graphical representation of the logical relationships that exist among activities in the project schedule
Project Scope The work executed to deliver a product, service, or result that satisfies the specified features and functions
Project Scope Management The processes required to ensure that all the work needed to complete the project, and only that work, is included in the project
Project Scope Statement The document that describes the major deliverables, assumptions, constraints, and scope of the project
Project Stakeholder Management The knowledge area that identifies stakeholders, as well as analyzes and manages their expectations and engagement in the project during its lifetime
Project Team The individuals responsible for reinforcing the project manager in the work of the project in order to realize project objectives
Project Team Directory The listing of project team members which includes their project-related roles and communication needs
Project-based Organizations (PBO) An organizational framework that is structured to conduct most of its activities as project work rather than functional work
Projectized Organization An organizational framework that provides the project manager with the authority to establish priorities, assign resources, and direct the work of the project team
Proposal Evaluation Techniques A formal seller review process used with complex procurements and carried out in accordance with the buyer's procurement policies
Prospective Sellers of Products or Services The list of vendors the company has determined to be capable of providing goods or services
Prototype A working model of the product created to obtain detailed stakeholder feedback
Quality The degree to which a group of fundamental characteristics satisfies requirements
Quality Assurance The repetitive examination of quality requirements and quality control measurements to effect the use of requisite quality control standards and operational definitions
Quality Audits A formal, independent process that assesses whether project activities are in compliance with organizational and project policies, processes, and procedures
Quality Checklists A tool used to verify that project work and deliverables have been completed in accordance with project requirements
Quality Control Measurements The documented outcome of quality control functions
Quality Management and Control Tools Mechanisms used to ensure quality products and processes, often more efficiently and at a lower cost
Quality Management Plan The document, part of the project or program management plan, used to describe the execution of the organization's quality policies
Quality Management System The system within a company that provides policies, processes, and resources to implement the project's quality management plan; that the quality management plan typically aligns with the company's quality system
Quality Metrics The description of a project or product attribute and the measurements that must be applied to the attribute within the quality control process examples of metrics include failure rate, defect frequency, cost control, reliability, and availability
Quality Policy The organizational policies crafted to achieve quality goals.
Quality Report A project document that addresses quality management issues, recommendations for corrective actions, and a recap of findings from quality control activities; the report may include advice related to the improvement of process, project, and product.
Quality Requirement Condition designed to ensure that a deliverable conforms to its intended use
Quantitative Risk Analysis and Modeling Techniques Common approaches to producing a more detailed evaluation of project risk;  techniques include expected monetary value (EMV) and decision tree analysis
Questionnaires Written surveys designed to quickly gather information from a large number of respondents.
RACI Chart A type of responsibility assignment matrix that designates the status of stakeholder involvement in project activities; status designations are responsible, accountable, consult, or inform.
Rapport Possessing comfort or a harmonious relationship with someone
Recognition Seekers A role that looks at the project first to see what they can get out of it
Records Management System The processes, controls, and tools used to record and maintain project information
Referent Power Using personal charisma to attain desired results from others or using existing relationships to help get things done (who you know)
Regression Analysis An analytical technique that examines a series of input variables in relation to their corresponding output results for the purpose of establishing a mathematical or statistical relationship.
Regulation A requirement of local, state, or federal government that can mandate product, process, or service characteristics including any applicable administrative provisions
Reliability The likelihood of a product or service to function as planned
Report Performance The process of amassing project performance data and disseminating it in a clear and meaningful format to the intended audience
Reporting Systems Processes and procedures utilized to generate or consolidate reports from information management systems and distribute those reports to project stakeholders
Request for Information (RFI) A buyer issued procurement document requesting a potential seller to provide information related to the seller's ability to deliver a product, service, or capability
Request for Proposal (RFP) A procurement document issued by the buyer to request a proposal from the seller; typically describes acceptability criteria and a description of the product, service, or capability the buyer wishes to procure
Request for Quote (RFQ) A document used to get bids or quotes from possible suppliers, usually for commodity type items, with minimal customization
Requested Change A formal request for change that is submitted to the integrated change control process
Requirement A condition or capability that must be made available through a product, service, or result in order to fulfill a contract or formal specification
Requirements Documentation A document that describes requirements for creating a product or a feature of the product
Requirements Management Plan The document, part of the project or program management plan, used to describe the evaluation, recording, and administration of project requirements
Requirements Traceability Matrix A graphical representation that illustrates the relationships between the origins of the product requirements to the deliverables that fulfill the requirements
Reserve Funds set aside for risks to the budget or schedule, for example management reserves or contingency reserves, as provided for in the project management plan
Reserve Analysis An analysis technique used to identify the critical features and relationships of components in order to determine the amount of reserves realistically needed for the project with consideration of schedule duration, budget, and cost estimation
Residual Risk The remaining risk following the implementation of risk responses
Resource Skilled individuals or teams, equipment, material, supplies, goods, services, budgets, or funds
Resource Breakdown Structure A representation of resources ranked by category and type
Resource Calendar A calendar that indicates working days and shifts available for each resource
Resource Histogram A bar chart depicting the amount of time a resource is scheduled to work over a specified number time periods; resource availability and number of resources used may be considered for the purpose of comparison or contrast
Resource Leveling A technique in which resource constraints dictate start and finish date adjustments in order to balance the demand for resources with the resources available
Resource Loading The process of applying resources to a schedule and its activities
Resource Management Plan A component of the project management plan that defines the manner in which project resources are acquired, allocated, monitored, and controlled.
Resource Optimization Techniques An approach to resource allocation that adjusts schedule start and finish dates to ensure that resource assignments do not exceed predefined capacity limits
Resource Requirements The types and quantities of resources needed for each activity that makes up a work package.
Resource Smoothing An approach to resource allocation that more uniformly allocates a resource over time; used in cases where resource assignments exceed predefined capacity limits
Responsibility Accountability for the project or for specific project processes or tasks
Responsibility Assignment Matrix (RAM) A graphical representation of the project resources committed to a monitored area of the project, such as a work package; typically applies RACI (responsibly, accountable, consult, inform) indicators to depict the form of commitment
Result The consequence of completing a series of activities or process; examples include outcomes and documents
Retainage A part of the payment per the terms of the contract that the buyer retains until the project is complete; used to ensure that the seller completes the work per terms of the contract
Return on Investment (ROI) The amount of income from an investment; income divided by the investment
Reward Power A type of power that uses positive actions or consequences to attain desired results from other people
Rework Action taken to bring any component that is flawed or out of conformance into compliance with specifications or requirements
Risk An unscheduled, but possible, event that may have a positive or negative impact on the project if it occurs
Risk Acceptance A risk response strategy that involves acknowledgement only of the risk; no planned response is formulated unless the risk occurs
Risk Appetite The amount of uncertainty an organization or individual is willing to accept in anticipation of a reward.
Risk Audits The evaluation of project risk responses to determine the effectiveness of the utilized approach to risk
Risk Avoidance A risk response strategy that involves the elimination of the threat or protection of the project from the impact of the threat
Risk Breakdown Structure (RBS) A representation of risks ranked by category
Risk Categorization The organization of risks by source or other criteria to increase understanding of overall project risk
Risk Category A class of risks, such as organizational risks or market risks, defined by its potential cause
Risk Data Quality Assessment An evaluation of risk-associated data to determine its quality
Risk Database A data repository that stores and manipulates information associated with the risk management processes
Risk Enhancement A risk response strategy that increases the probability of occurrence or impact of an opportunity as a result of deliberate team action.
Risk Escalation A risk response strategy that transfers ownership of the risk from the project team to a higher organizational level for more effectively management.
Risk Events Events that may impact the project (either negative or positive)
Risk Exploiting A risk response strategy that ensures the occurrence of an opportunity as a result of deliberate team action.
Risk Exposure An aggregate metric that expresses the potential impact of all risks at any given point in time in a project, program, or portfolio.
Risk Factors Numbers representing the risk of certain events, the likelihood of their occurring, plus the impact on the project (if the event does occur)
Risk Management Plan The document, part of the project or program management plan, used to describe the manner in which risk management activities will be framed and executed
Risk Mitigation A risk response strategy that involves the reduction of the threat or the probability that the risk will occur
Risk Owner The person responsible for the monitoring of a risk and for the determination and implementation of an appropriate risk response strategy.
Risk Power A type of power that uses calculated risks in negotiations to achieve project goals
Risk Reassessment The process of identifying new risks, reassessing risks that have already been identified, and closing of expired risks
Risk Register A document that lists each risk along with the results of its analysis and risk response planning
Risk Report A project document that establishes the progressive development of risk management processes throughout the project, summarizes individual project risk information, and delineates the degree of overall project risk.
Risk Review A meeting used to examine and document the effectiveness of risk responses in relation to identified, individual project risks and to overall project risk.
Risk Seeking Possessing a higher tolerance than most for risk
Risk Sharing A risk responses strategy that allocates ownership of an opportunity from the project team to a third party who is best able to capture the benefits of that opportunity.
Risk Symptoms Characteristics which indicate that a risk event is possibly starting to occur; could also be called risk triggers
Risk Threshold The degree of risk exposure that defines the upper limit of risk acceptance; risks whose level exceed the threshold must be addressed.
Risk Tolerance The level of risk that an individual or organization is willing to permit; also known as risk utility
Risk Transference A risk response strategy that involves shifting the impact of a threat, as well as accountability for the response, to a third party
Risk Urgency Assessment The evaluation of risk responses to determine priority in order of timing
Risk-averse Possessing a low desire or tolerance for risk
Risk-neutral A middle ground between the risk taken and the benefit received
Role A specific function performed by the member of the project team; some examples are testing, analyzing, and coding
Rolling Wave Planning An iterative planning technique that involves detailed planning for near-term work and higher level planning for future work
Root Cause Analysis An analytical technique used to ascertain the fundamental reason a variance, defect, or risk exists
Rough Order of Magnitude (ROM) Estimate A cost estimate, performed early in the project, of the completion cost of the project; the tolerance range is -25% to +75%.
S-curve Graphic representation of costs, work, and other quantities over time so that the planned value, earned value, and actual cost of the work can be seen
Sample A part of the population used for a measurement (instead of the entire population)
Schedule Baseline The authorized version of the schedule model that is used as the basis for comparison and can only be modified through a formal change control procedure
Schedule Compression Any technique, such as crashing or fast tracking, used to shorten the duration of the schedule while maintaining the project scope
Schedule Data Information associated with the management of a project schedule
Schedule Forecasts Estimates, based on current project information, that are associated with future schedule events
Schedule Management Plan The document, part of the project or program management plan, that authenticates standards and activities used to produce, track, and administer the schedule
Schedule Milestone A major event in the project schedule; typically involves the start or completion of a major component of the project
Schedule Model A model which includes activity durations and dependencies, used to produce the project schedule
Schedule Network Analysis A technique used to determine late start (LS), late finish (LF), early start (ES), and early finish (EF) dates for incomplete schedule activities
Schedule Network Templates A set of activities and relationships from past projects that meet current project needs
Scheduled Finish Date The planned finish date for an activity, work package, or other piece of the schedule
Scheduled Start Date The planned start date for an activity, work package, or other piece of the schedule
Scheduling Tool A tool that accelerates scheduling by automatically producing activity start and finish dates based on the entry of activities, relationships, resources, and durations
Scope The products, services, and results expected to be provided by the project
Scope Baseline The authorized scope statement, WBS, and WBS dictionary that contain only those modifications authorized through a formal change control process; used as a basis for comparison
Scope Change A change to the product or product scope accompanied by the appropriate modifications to the budget or schedule
Scope Creep A change to the product or product scope not accompanied by the appropriate modifications to the budget or schedule
Scope Management Plan The document, part of the project or program management plan, used to the manner in which the project scope will be delineated, elaborated, monitored, controlled, and authenticated
Secondary Risk A risk that results from a risk response implementation
Selected Sellers Vendors chosen to provide products or services
Self-Organizing Team A team formation type that defines a team able to function without centralized control.
Seller An individual or entity that provides goods or services to a buyer
Seller Proposals An offer from a vendor who is being considered as a provider of a product or service
Sensitivity Analysis A quantitative risk analysis and modeling technique used to identify those risks that have the greatest effect on the project
Sequence Activities The process of determining and recording dependencies between project activities
Service Work performed without resulting in a physical product
Service Level Agreement (SLA) A contract between an internal or external service provider and the end user that delineates the level of service expected from the service provider.
Seven Basic Quality Tools A group of devises used by quality management for quality planning and for monitoring and controlling
Seven Run Rule A rule that states if seven consecutive data points are on one side of the mean (above or below) or increasing/decreasing, then the process is out of control and should be investigated
Sigma A measurement of acceptability of a product or process
Simulation A project computer model that  can counterfeit project outcome when there is uncertainty associated with schedule, cost or resources
Skill The capability to execute project-related activities based on individual subject matter expertise and abilities
Source Selection Criteria Seller attributes that will be considered by the buyer; typically includes capacity to deliver, costs, delivery dates, expertise, and contract approach
Special Cause A non-random or intermittent variable in a system
Specification Limits The area on either side of the mean of data distribution on a control chart
Sponsor The person or group responsible for providing resources and reinforcement for the project and for enabling the project to realize its objectives
Sponsoring Organization The entity that has the responsibility of providing the project’s sponsor and acting as a conduit for project funding or other project resources.
Staff Acquisition The hiring and applying of the needed resources to the project
Stakeholder Any person or entity that may impact, be impacted by, or perceive itself to be impacted by any decision, activity, or outcome of the project
Stakeholder Analysis A technique by which quantitative and qualitative information is amassed and evaluated to determine whose interests should be considered throughout the project
Stakeholder Engagement Assessment Matrix A matrix in which current and desired stakeholder engagement levels are listed for comparison.
Stakeholder Register A project document that lists stakeholder information including name, role, assessment, and classification
Standard An established norm or requirement
Standard Deviation The measurement of variation within a distribution
Start Date The date work begins on an activity; can include qualifiers such as actual, planned, estimated, scheduled, early, late, target, baseline, and current
Start-to-finish (SF) A dependency that requires the start of a predecessor activity prior to the completion of the successor activity
Start-to-start (SS) A dependency that requires the start of a predecessor activity prior to the start of the successor activity
Statement of Work (SOW) A detailed description of the products, services, or results expected from a project or other initiative
Statistical Sampling The selection of a part of a population for examination rather than using the entire population
Status Report A report that states the current shape or state of the project to date
Strategic Planning Long-term planning by a company (usually three to five years in the future)
Strengths, Weaknesses, Opportunities, and Threats (SWOT) Analysis A risk analysis technique which considers the strengths, weaknesses, opportunities, and threats of the project to facilitate a more knowledgeable risk management analysis
Subnetwork A section of the project schedule diagram, typically a work package or subproject, that is frequently used to depict a proposed schedule condition
Subphase A division of a phase of a project
Subproject A portion of the overall project that is established when the project is subdivided into components that are more easily managed
Successor Activity An activity that logically follows its predecessor activity
Summarizers A role that relates back to the overall picture of what the project is focusing on
Summary Activity An array of related schedule activities aggregated and displayed as a single activity.
Sunk Cost Money that has already been spent on a project; should not be considered when selecting or evaluating a project
System An integrated set of pieces used to achieve a specific project goal; could be an actual process or management process, or some mix of both approaches
Tacit Knowledge Individual knowledge (such as beliefs, experience, and insights) that can be difficult to express and share.
Tailoring The determination of the conglomeration of processes, inputs, tools, techniques, outputs, and life cycle phases appropriate to the management of a project.
Tangible Cost/Benefit Easily measurable cost or benefit of a project; measured in dollars
Target Completion Date (TC) A requested project completion date that can be a constraint for the project
Target Finish Date (TF) The date that the project (or activity) is anticipated to be completed
Target Schedule A preliminary schedule that can be used during initial stages of Planning; could differ from the baseline schedule at the conclusion of Planning
Target Start Date (TS) The planned start date of the project or activity
Task An activity to be completed on the project
Team Charter A document that delineates team values, agreements, and operating guidelines and establishes clear expectations regarding acceptable behavior by project team members.
Team Development The creation of individual and team skills to maximize project output
Team Management Plan A component of the resource management plan that delineates the manner and timing in which team members are acquired and released.
Technical Performance Measurement A measurement approach that compares what was technically created in the project to what the project management plan shows should have been created
Technique A procedure, that may employ one or more tools, exercised by a resource to complete project activities
Templates A partially completed instrument that provides the desired format for the assemblage, ordering, and presentation of data and information
Termination Clause A clause in the contract that allows both the buyer and the seller to end the contract
Test and Evaluation Documents Project Documents that delineate the activities used to determine if the product satisfies the quality objectives described in the quality management plan.
Threat A risk whose occurrence will result in a negative impact on the project
Three-point Estimate A technique used to evaluate the cost or duration of an activity by averaging the optimistic, pessimistic, and most likely estimates
Threshold Any value (typically applied to cost, time, quality, technical, or resource) that is used as a parameter; typically crossing the threshold results in a triggered action
Tight Matrix A phrase that describes a war room or close environment for the team; can also be used as a distracter answer on organizational-related questions
Time-scaled Schedule Network Diagram A graphical representation of the project schedule that displays relative to its duration; may include bar charts showing network logic (sequence)
To Complete Performance Index (TCPI) The ratio that represents the cost performance required to complete the work of the project given the remaining resources;  calculated by dividing the remaining project work by the remaining budget (BAC - EV/BAC - AC)
Tolerance The measure of acceptable variation
Tool A device used during the performance of an activity to produce a result or product; templates, software programs, and models are all tools
Top-down Estimating An estimating technique in which the project manager estimates the cost or duration of the project based on the cost or duration of a previous project that is very similar to the current project
Topic Jumpers A role that doesn't stay focused on the primary topics of focus and conversation
Tornado Diagram A specialized bar chart used in sensitivity analysis that compares the relative importance of the variables.
Total Slack (Total Float) The amount of time an activity can slip (be delayed) from its early start date without delaying the overall finish date
Tree Diagram A graphical representation which uses decomposition to organize data into parent and child relationships
Trend Analysis An analytical technique that uses mathematical paradigms to predict future outcomes based on historical data
Trigger Condition An indicator that a risk event could occur
Unanimity A decision with which all group members concurred
Update A modification to any deliverable, project management plan component, or project document that has not been subjected to the formal change control process.
User The person, division, or company that will be the user or owner of the product when the project is complete
Validate Scope The process in which the customer or sponsor reviews and  accepts project deliverables as being complete and correct in accordance with the requirements
Validation The process of determining that the results of the project are in compliance with requirements imposed by the customer and appropriate stakeholders and typically involving acceptance by them
Value Engineering An approach to efficiently and effectively execute the project to decrease life cycle costs and time, increase profits and market share, improve quality and use of resources, and competently resolve issues and problems
Variance Any difference between a planned value or baseline and an actual result
Variance Analysis The assessment of the level and reasons for a variance from planned value or baseline
Variance At Completion (VAC) The projected amount the project will be over or under budget based on the difference between the budget at completion (BAC) and the estimate at completion (EAC)
Variation The difference between the baseline and actual project data at a specific point in time
Verification The process, typically internal, of determining that the results of the project are in compliance with appropriate specifications, requirements, regulatory requirements, and imposed conditions
Verified Deliverables Completed project deliverables that have been reviewed and confirmed for correctness through the Control Quality Process.
Virtual Team A group of people with similar goals who form a team but spend little (if any) time together
Voice of the Customer (VOC) The translation of customer requirements into requisite technical requirements in a manner that ensures the results of the project will meet the requirements of the customer
War Room A room shared by project personnel that can be used for planning and meetings, and display charts, graphs, and various other project information
WBS Dictionary A document that itemizes deliverable, activity, and scheduling information for each WBS component
Weighted Milestone Method An approach to the earned value method in which an activity with a duration exceeding two reporting periods is broken down into smaller activities with durations limited to two reporting periods or less
What-If Scenario Analysis The process of evaluating counterfeit situations to determine their impact on the project
Withdrawal A conflict resolution technique in which you withdraw from the disagreement (or source of conflict)
Withdrawers A role that is non-participatory on the project regarding information and project issues
Work Authorization The authorization to begin work on an activity, work package, or control account at the correct time, by the correct entity, and in the correct progression
Work Authorization System A subsystem within the project management system that is comprised of documented procedures that delineate the method by which project work is authorized so that it will be done at the correct time, by the correct entity, and in the correct progression
Work Breakdown Structure (WBS) A decomposition of the work of the project
Work Breakdown Structure Component Any unit of work defined in the WBS
Work Package The smallest level of WBS work for which cost and time can be assessed and administered
Work Performance Data Measurements or statistics related to the execution of project work
Work Performance Information The evaluation and integration of project execution statistics and measurements gathered from control processes
Work Performance Reports Project status and performance data utilized to produce communications and advance discussion
Workaround A response to a risk that was unplanned or that had an ineffective planned response
which best describes the contents of a ---forecast report? Information related to future project occurrences
which best describes the contents of a ----variance report? Information related to the difference between planned and actual occurrences
which best describes the contents of an ---earned value report? Information related to the state of the schedule, budget, and scope of the project at various points of time
which best describes the contents of a ---status report? Information related to the present overall state of the project
which best describes the contents of a ---progress report? Information related to recent project occurrences
Created by: Mindevol
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