PMBOK Guide Terminology Flashcards

The group of individuals performing the work of the project

The process of defining and controlling what is included in the project

A document that outlines the communication goals and strategies

A risk response strategy that involves acknowledging the risk and not taking any action unless it occurs

The process of managing contract creation, execution, and analysis

The process of identifying, analyzing, and responding to project risks

A person or group who provides resources and support for the project

The first meeting with the project team and the client

Knowledge gained during a project which shows how project events were addressed

The comparison of planned project results with actual project results

The process of forecasting the financial resources needed for a project

A temporary endeavor undertaken to create a unique product, service, or result

The approved version of the project budget

A project document where all issues are recorded and tracked

A process that generates hundreds or thousands of probable performance outcomes

A hierarchical representation of resources by category and type

The authorized budget assigned to scheduled work

The process of reviewing, approving, and managing changes to project documents, deliverables, or baselines

The approved version of the project schedule

A project document including the identification, assessment, and classification of project stakeholders

The process of formalizing acceptance of the completed project deliverables

The process of ensuring that the various elements of the project are properly coordinated

A unique and verifiable product, result, or capability to perform a service required to complete a process, phase, or project

The measure of work performed expressed in terms of the budget authorized for that work

A type of bar chart that illustrates a project schedule

A visual representation of the project’s progress and performance

A diagramming technique used to select the best course of action in situations with uncertain outcomes

An assessment of the practicality of a proposed plan or project

A grid that shows the project resources assigned to each work package

Reducing the impact of a risk event by reducing the probability of its occurrence

An individual, group, or organization that may affect, be affected by, or perceive itself to be affected by a project

A technique to identify Strengths, Weaknesses, Opportunities, and Threats

A visual identification of many potential causes of a problem

The framework within which project decisions are made

The process of ensuring that the project will satisfy the relevant quality standards

A significant point or event in the project schedule

The description of the project scope, major deliverables, assumptions, and constraints

A hierarchical decomposition of the total scope of work to accomplish the project objectives

The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources

A matrix that shows the Responsibility, Accountability, Consultation, and Informed statuses for tasks

A schedule network analysis technique used to determine the amount of scheduling flexibility

A comprehensive list of changes submitted during the project and their status

The features and functions that characterize a product

Any unique and verifiable product, result, or capability to perform a service

The approved version of a scope statement, WBS, and WBS dictionary

A process by which business decisions are analyzed as benefits vs. costs

A group of related projects managed in a coordinated way

The balance of the project's scope, schedule, and cost

The realized cost incurred for the work performed

A collection of projects or programs grouped together to facilitate effective management

A project management tool used to schedule, organize, and coordinate tasks

A methodology that combines scope, schedule, and resource measurements to assess project performance and progress

The document that describes how the project will be executed, monitored, and controlled

The series of phases that a project goes through from initiation to closure

The person assigned by the performing organization to achieve the project objectives

Significant points or events in the project schedule

Shifting the impact of a risk to a third party

The amount of time that a task in a project network can be delayed without causing a delay to subsequent tasks

Changing the project plan to eliminate the risk

A document in which the results of risk analysis and risk response planning are recorded

Quantifiable measures used to evaluate the success of an organization or project

The process of planning, estimating, budgeting, and controlling costs

A document issued by the project initiator or sponsor that formally authorizes the existence of a project

A document that records all project assumptions and constraints

Divisions within a project where extra control is needed to manage the completion of a major deliverable