CAPM Terms and ITTOs Flashcards

Process of translating quality plan into executable quality activities

Earned Value Management - a methodology that combines scope schedule and resource measurements to assess project performance

Monitor Communications

Manage Quality

EVM

Cost Variance - the difference between earned value and actual cost

Process of obtaining team members supplies equipment and other resources needed

A technique to determine the amount of contingency and management reserves needed

Process of ensuring the information needs of the project and its stakeholders are met

Acquire Resources

Reserve Analysis

Front	Back
Acquire Resources	Process of obtaining team members supplies equipment and other resources needed
Activity Attributes	Characteristics that extend the description of the activity such as predecessors and successors
Affinity Diagrams	A tool that organizes ideas and data into natural groupings for analysis
Agile	An iterative approach to project management that delivers value incrementally through small frequent releases
Alternatives Analysis	A technique to evaluate different options to determine which is the most appropriate
Analogous Estimating	Using parameters from a similar project to estimate the same parameter for the current project
Assumption Log	A list of assumptions and constraints throughout a project
BAC	Budget At Completion - the total planned value for the project
Backlog	A prioritized list of features and requirements to be addressed in the project
Benchmarking	Comparing actual or planned practices to those of comparable organizations
Bidder Conference	A meeting with prospective sellers prior to proposal preparation to ensure clear understanding of procurement requirements
Bottom-up Estimating	Estimating individual work packages and then aggregating for higher-level components
Business Documents	Examples: Business Case or Benefits Management Plan
Business Value	The net quantifiable benefit derived from a business endeavor
Cause and Effect Diagram	A decomposition technique that helps trace an undesirable effect back to its root cause
Change Control Board	Group responsible for reviewing evaluating approving rejecting or deferring change requests
Change Request	A formal proposal to modify any document deliverable or baseline
Close Project or Phase	The process of finalizing all activities across all project management process groups
Collect Requirements	Process of determining documenting and managing stakeholder needs and requirements
Communication Methods	Approach used to share information among project stakeholders
Communication Technology	Specific tools equipment systems and software used to transfer information
Configuration Identification	Selecting and identifying the configuration items for the product or service
Configuration Management	A system of procedures and processes for controlling changes to deliverables and documentation
Configuration Management System	A subsystem of the overall project management system for identifying and controlling changes
Configuration Status Accounting	Formalized recording and reporting of configuration items and their details
Configuration Verification and Audit	Ensuring configuration items are properly established and meet their requirements
Conflict Management	Handling disagreements and disputes to maintain a collaborative working environment
Constraints	Factors that limit options such as a fixed budget timeline or scope
Contingency Reserve	Budget or time allocated to account for identified risks
Contract	A mutually binding agreement that obligates the seller to provide the specified product or service or result
Contract Change Control System	The process and tools used to collect analyze and manage contract changes
Control Chart	A graphic display of process data over time and against established control limits
Control Costs	Process of monitoring project costs and managing changes to cost baseline
Control Quality	Process of monitoring and recording results of quality management activities
Control Resources	Process of ensuring that physical resources are available as planned
Control Schedule	Process of monitoring project status to update progress and manage changes
Control Scope	Process of monitoring the status of the project and product scope
Cost Aggregation	Summing the lower-level cost estimates to establish high-level cost totals
CPI	Cost Performance Index - measure of cost efficiency expressed as ratio of earned value to actual cost
Crashing	A schedule compression technique that adds resources to critical path activities to reduce duration
Create WBS	Process of subdividing project deliverables and project work into smaller more manageable components
Critical Chain Method	A schedule network analysis technique that modifies the project schedule to account for limited resources
Critical Path	The sequence of activities that represents the longest path through a project
CV	Cost Variance - the difference between earned value and actual cost
Data Date	The point in time that separates actual (historical) data from future (forecast) data
Decision Tree Analysis	A diagram that shows the implications of choosing one or another alternative
Decomposition	A technique used to divide and subdivide the project scope and deliverables into smaller more manageable parts
Defect	An imperfection or deficiency that causes a component to fail to meet its requirements or specifications
Define Activities	Process of identifying and documenting the specific actions to be performed
Define Scope	Process of developing a detailed description of the project and product
Deliverable	Any unique and verifiable product result or service result that must be produced to complete a process phase or project
Delphi Technique	A consensus-building technique where experts anonymously provide estimates and feedback
Develop Project Management Plan	The process of defining preparing and coordinating all subsidiary plans
Develop Team	Process of improving competencies team interaction and overall team environment
Direct and Manage Project Work	The process of leading and performing the work defined in the project management plan
EAC	Estimate At Completion - the expected total cost of the project at completion
Earned Value Management	Technique for measuring project performance against scope schedule and cost baselines
EEFs	Enterprise Environmental Factors that influence project success
Estimate Activity Resources	Process of estimating resources required for each activity
ETC	Estimate To Complete - the expected cost to finish all remaining project work
EVM	Earned Value Management - a methodology that combines scope schedule and resource measurements to assess project performance
Expert Judgment	A technique relying on knowledge provided by experts
Failure Mode and Effect Analysis	A systematic technique for determining ways systems or processes might fail and the effects of those failures
Fast Tracking	A schedule compression technique where phases or activities normally done in sequence are performed in parallel
Float	Amount of time an activity can be delayed without delaying the project end date
Force Field Analysis	A technique for identifying forces that help or hinder achieving an objective
Gold Plating	Adding features that weren't requested and don't increase value
Governance	The framework policies procedures and functions by which an organization is directed and controlled
Histogram	A bar chart showing the distribution of numerical data
Identify Risks	Process of determining which risks may affect the project and documenting their characteristics
Implement Risk Responses	Process of implementing agreed-upon risk response plans
Information Distribution	Making needed information available to project stakeholders in a timely manner
Information Management	Processes to create collect distribute store retrieve and disposition of project information
Issue	A point or matter in question or dispute that needs to be resolved
Issue Log	Document where project issues are recorded tracked and addressed
Knowledge Area	An identified area of project management defined by its knowledge requirements and described in terms of its component processes practices inputs outputs tools and techniques
Lag	A modification to a logical relationship that directs a delay in the successor activity
Lead	A modification to a logical relationship that allows acceleration of the successor activity
Lifecycle Costing	A technique for evaluating between alternatives by considering all costs from acquisition through operation to disposal
Make-or-Buy Analysis	The process of gathering and analyzing information to determine whether to produce a product in-house or purchase it
Manage Communications	Process of ensuring timely and appropriate collection creation distribution storage retrieval management and disposition of project information
Manage Quality	Process of translating quality plan into executable quality activities
Manage Team	Process of tracking team performance providing feedback resolving issues and managing changes
Management Reserve	Budget or time allocated to account for unidentified risks and uncertainty
Meetings	A tool for exchanging information and discussing project topics
Milestone	Significant point or event in a project schedule
Mind Mapping	A technique that enhances brainstorming and makes connections between ideas
Monitor and Control Project Work	The process of tracking reviewing and reporting the progress to meet performance objectives
Monitor Communications	Process of ensuring the information needs of the project and its stakeholders are met
Monitor Risks	Process of monitoring implementing risk responses tracking risks and evaluating effectiveness
Monte Carlo Analysis	A simulation technique that calculates multiple project outcomes using probability distributions
Multi-criteria Decision Analysis	A technique using a decision matrix to evaluate multiple criteria for decision making
Negotiation	A strategy and process between parties to resolve disputes or reach agreements
Network Diagram	Visual representation of project activities and their logical dependencies
Nominal Group Technique	A group decision-making technique that helps prioritize ideas
OPAs	Organizational Process Assets that can affect project decisions
Organizational Breakdown Structure	A hierarchical representation of the organization arranged to relate work packages to performing units
Parametric Estimating	Using statistical relationships between historical data and variables to calculate estimates
Pareto Chart	A histogram that ranks causes from most significant to least significant
Perform Integrated Change Control	The process of reviewing change requests approving changes and managing changes
Perform Qualitative Risk Analysis	Process of prioritizing risks for further analysis by assessing probability and impact
Perform Quantitative Risk Analysis	Process of numerically analyzing the effect of identified risks on overall project objectives
Performance Reporting	Collecting and distributing performance information including status reports progress measurements and forecasts
PERT	Program Evaluation and Review Technique used for estimating activity durations using weighted average of optimistic most likely and pessimistic estimates
Plan Communications Management	Process of developing an appropriate approach and plan for project communications
Plan Resource Management	Process of defining how to estimate acquire manage and utilize resources
Plan Risk Responses	Process of developing options and actions to enhance opportunities and reduce threats
PMBOK	Project Management Body of Knowledge - a set of standard terminology and guidelines for project management
PMIS	Project Management Information System - tools that collect organize and distribute project information
Portfolio	A collection of projects and programs managed to achieve strategic objectives
Power/Interest Grid	A stakeholder analysis and classification model showing interest level and power of stakeholders
Precedence Diagramming Method (PDM)	Schedule network diagramming technique where activities are represented by nodes
Probability and Impact Matrix	Grid for mapping probability and impact of risks to prioritize them
Process Analysis	A systematic examination of process components to understand how they interact and relate
Procurement Audit	A structured review of the procurement process from planning through contract administration
Procurement Management Plan	Describes how procurement processes will be managed
Procurement Negotiation	Process of reaching mutual agreement through discussion between buyer and seller
Product Analysis	Breaking down the product into components to better understand it
Program	A group of related projects managed in a coordinated way
Progressive Elaboration	Refining and further detailing a plan as more information is available
Project	A temporary endeavor undertaken to create a unique product or service
Project Charter	Document that formally authorizes the project
Project Governance	The framework functions and processes that guide project management activities
Project Life Cycle	The series of phases that a project passes through from its initiation to its closure
Project Management Plan	Document that integrates and consolidates all subsidiary plans and baselines for a project
Project Schedule Management	Processes required to manage the timely completion of the project
Project Scope Management	Processes required to ensure the project includes all the work required to complete the project successfully
Quality Checklists	Structured tools used to verify required steps have been performed
Quality Control Measurements	Results of quality control activities in the format specified during planning
Quality Management Plan	Describes how quality policies will be implemented during the project
Quality Metrics	Operational definitions that describe attributes of the product or project
RACI Chart	A type of responsibility assignment matrix showing who is Responsible Accountable Consulted and Informed
Request for Proposal	A document used to solicit proposals from prospective sellers for a deliverable
Requirements Documentation	Describes how individual requirements meet business needs for the project
Reserve Analysis	A technique to determine the amount of contingency and management reserves needed
Residual Risk	Risk that remains after risk responses have been implemented
Resource Histogram	Bar chart showing the amount of time a resource is scheduled during specific time periods
Resource Leveling	Technique that adjusts start and finish dates to address resource constraints
Resource Smoothing	A technique that adjusts activities within their float without changing the project end date
Responsibility Assignment Matrix	A grid that shows project resources assigned to each work package
Risk Appetite	The degree of uncertainty an organization or individual is willing to accept
Risk Attitude	An organization's or individual's approach to assessing and eventually pursuing handling or refusing risk
Risk Breakdown Structure	Hierarchical representation of risks according to their risk categories
Risk Owner	A person assigned to monitor risk factors respond to triggers and report on the status of risk
Risk Register	Document where results of risk analysis and risk response planning are recorded
Risk Threshold	The level of risk exposure above which risks require response
Risk Trigger	An event or condition that signals that a risk is about to occur
Rolling Wave Planning	Iterative planning technique where near-term work is planned in detail while future work is planned at higher level
Rolling Wave Planning	Iterative planning technique where near-term work is planned in detail while future work is planned at higher level
Salience Model	A stakeholder analysis model based on power urgency and legitimacy
Scatter Diagram	A graph showing the relationship between two variables
Schedule Baseline	The approved version of the project schedule model
Scope Baseline	Includes scope statement WBS and WBS dictionary
Scope Creep	The uncontrolled expansion of project scope without adjustments to time cost and resources
Secondary Risk	A risk that arises as a direct result of implementing a risk response
Sequence Activities	Process of identifying and documenting relationships among project activities
SPI	Schedule Performance Index - measure of schedule efficiency expressed as ratio of earned value to planned value
Stakeholder Analysis	Systematic gathering and analyzing of information to determine whose interests should be considered throughout the project
Stakeholder Engagement Plan	Defines strategies to engage stakeholders based on needs and potential impact
Standard Deviation	A measure that quantifies the amount of variation of a set of data values
Statement of Work	A narrative description of products services or results to be delivered by the project
SV	Schedule Variance - the difference between earned value and planned value
TCPI	To-Complete Performance Index - the cost performance that must be achieved to meet a specified management goal
Team Development	Improving competencies team member interactions and the team environment
Three-Point Estimating	Using optimistic most likely and pessimistic estimates to determine range and risks
To-Complete Performance Index	A measure of the cost performance that must be achieved with the remaining resources
VAC	Variance At Completion - the projected amount of budget deficit or surplus
Validate Scope	Formalizing acceptance of the completed project deliverables
Validated Deliverables	Completed deliverables that have been checked and confirmed as correct
Verify Scope	Process of formalizing acceptance of the completed project deliverables
WBS	Work Breakdown Structure - a hierarchical decomposition of the total scope of work
Work Performance Data	Raw observations and measurements identified during project work execution
Work Performance Information	Performance data analyzed in context to generate meaningful information
Work Performance Reports	Physical or electronic representation of project status and outcomes
Workflow Diagram	A graphical representation showing the flow of work through the project or process

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CAPM

These flashcard will cover CAPM Terms and ITTOs, covering any terms or definitions you may see on the CAPM exam and all standard Inputs, Tools & Techniques, and Outputs (ITTOs).

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CAPM Terms and ITTOs Flashcards

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