PMP Project Management Processes and Knowledge Areas Flashcards
Acronym | Definition |
---|---|
Initiating Process Group | Processes performed to define a new project or phase by obtaining authorization |
Planning Process Group | Processes required to establish the scope, objectives, and course of action |
Executing Process Group | Processes performed to complete the work defined in the project management plan |
Monitoring and Controlling Process Group | Processes required to track, review, and regulate the project |
Closing Process Group | Processes performed to finalize all activities across all Process Groups |
Integration Management | Ensuring that the various elements of the project are properly coordinated |
Scope Management | Ensuring the project includes all the work required, and only the work required |
Time Management | Ensuring timely completion of the project |
Cost Management | Planning, estimating, budgeting, and controlling costs |
Quality Management | Determining quality policies, objectives, and responsibilities |
Human Resource Management | Organizing, managing, and leading the project team |
Communications Management | Ensuring timely and appropriate generation, collection, distribution, and disposition of project information |
Risk Management | Identifying, analyzing, and responding to project risks |
Procurement Management | Acquiring goods and services from outside the performing organization |
Stakeholder Management | Identifying all people or organizations impacted by the project |
Project Charter | A document issued by the project initiator or sponsor |
Project Management Plan | The document that describes how the project will be executed, monitored, and controlled |
Work Breakdown Structure (WBS) | A hierarchical decomposition of the total scope of work to accomplish the project objectives |
Critical Path Method (CPM) | A schedule network analysis technique |
Earned Value Management (EVM) | A methodology that combines scope, schedule, and resource measurements |
Risk Register | A document in which the results of risk analysis and risk response planning are recorded |
Stakeholder Register | A project document including the identification, assessment, and classification of project stakeholders |
SWOT Analysis | A technique to identify Strengths, Weaknesses, Opportunities, and Threats |
Fishbone Diagram | A visual identification of many potential causes of a problem |
PERT Chart | A project management tool used to schedule, organize, and coordinate tasks |
Gantt Chart | A type of bar chart that illustrates a project schedule |
RACI Matrix | A matrix that shows the Responsibility, Accountability, Consultation, and Informed statuses for tasks |
Change Control Board (CCB) | A group that reviews, evaluates, approves, delays, or rejects changes to the project |
Lessons Learned | Knowledge gained during a project which shows how project events were addressed |
Kickoff Meeting | The first meeting with the project team and the client |
Scope Baseline | The approved version of a scope statement, WBS, and WBS dictionary |
Cost Baseline | The approved version of the project budget |
Schedule Baseline | The approved version of the project schedule |
Quality Assurance | The process of auditing the quality requirements and results |
Quality Control | The process of monitoring and recording results of executing quality activities |
Performance Reporting | Collecting and distributing performance information |
Project Sponsor | A person or group who provides resources and support for the project |
Project Scope Statement | The description of the project scope, major deliverables, assumptions, and constraints |
Project Manager | The person assigned by the performing organization to achieve the project objectives |
Project Team | The group of individuals performing the work of the project |
Risk Mitigation | Reducing the impact of a risk event by reducing the probability of its occurrence |
Risk Acceptance | A risk response strategy that involves acknowledging the risk and not taking any action unless it occurs |
Risk Transfer | Shifting the impact of a risk to a third party |
Risk Avoidance | Changing the project plan to eliminate the risk |
Project Milestones | Significant points or events in the project schedule |
Float | The amount of time that a task in a project network can be delayed without causing a delay to subsequent tasks |
Triple Constraint | The balance of the project\s scope, schedule, and cost |
Project Governance | The framework within which project decisions are made |
Product Scope | The features and functions that characterize a product |
Project Lifecycle | The series of phases that a project goes through from initiation to closure |
Project Phases | Divisions within a project where extra control is needed to manage the completion of a major deliverable |
Assumption Log | A document that records all project assumptions and constraints |
Issue Log | A project document where all issues are recorded and tracked |
Change Log | A comprehensive list of changes submitted during the project and their status |
Project Budget | The total amount of authorized financial resources for the project |
Project Schedule | The planned dates for performing activities and the planned dates for meeting milestones |
Resource Breakdown Structure (RBS) | A hierarchical representation of resources by category and type |
Responsibility Assignment Matrix (RAM) | A grid that shows the project resources assigned to each work package |
Scope Creep | The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources |
Stakeholder Analysis | A technique used to identify the interests and influence of various stakeholders |
Feasibility Study | An assessment of the practicality of a proposed plan or project |
Cost-Benefit Analysis | A process by which business decisions are analyzed as benefits vs. costs |
Monte Carlo Simulation | A process that generates hundreds or thousands of probable performance outcomes |
Risk Probability and Impact Matrix | A grid for mapping the probability of each risk occurrence and its impact on project objectives |
Variance Analysis | The comparison of planned project results with actual project results |
Communication Plan | A document that outlines the communication goals and strategies |
Contract Management | The process of managing contract creation, execution, and analysis |
Deliverable | Any unique and verifiable product, result, or capability to perform a service |
Project Dashboard | A visual representation of the project’s progress and performance |
Key Performance Indicators (KPIs) | Quantifiable measures used to evaluate the success of an organization or project |
Decision Tree Analysis | A diagramming technique used to select the best course of action in situations with uncertain outcomes |
Cost Estimation | The process of forecasting the financial resources needed for a project |
Project Timeline | A graphical representation of a chronological sequence of project events |
Resource Allocation | Assigning available resources in an efficient manner |
Project Portfolio Management | The centralized management of one or more portfolios to achieve strategic objectives |
Program Management | The process of managing multiple related projects |
Earned Value (EV) | The measure of work performed expressed in terms of the budget authorized for that work |
Actual Cost (AC) | The realized cost incurred for the work performed |
Planned Value (PV) | The authorized budget assigned to scheduled work |
Scope Verification | The process of formalizing acceptance of the completed project deliverables |
Front
Performance Reporting
Click the card to flip
Back
Collecting and distributing performance information
Front
Risk Mitigation
Back
Reducing the impact of a risk event by reducing the probability of its occurrence
Front
Scope Baseline
Back
The approved version of a scope statement, WBS, and WBS dictionary
Front
Quality Assurance
Back
The process of auditing the quality requirements and results
Front
Project Dashboard
Back
A visual representation of the project’s progress and performance
Front
Risk Avoidance
Back
Changing the project plan to eliminate the risk
Front
Fishbone Diagram
Back
A visual identification of many potential causes of a problem
Front
Critical Path Method (CPM)
Back
A schedule network analysis technique
Front
Planning Process Group
Back
Processes required to establish the scope, objectives, and course of action
Front
Contract Management
Back
The process of managing contract creation, execution, and analysis
Front
Assumption Log
Back
A document that records all project assumptions and constraints
Front
Decision Tree Analysis
Back
A diagramming technique used to select the best course of action in situations with uncertain outcomes
Front
Integration Management
Back
Ensuring that the various elements of the project are properly coordinated
Front
Risk Management
Back
Identifying, analyzing, and responding to project risks
Front
Scope Creep
Back
The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources
Front
Product Scope
Back
The features and functions that characterize a product
Front
Stakeholder Register
Back
A project document including the identification, assessment, and classification of project stakeholders
Front
Monte Carlo Simulation
Back
A process that generates hundreds or thousands of probable performance outcomes
Front
Kickoff Meeting
Back
The first meeting with the project team and the client
Front
Deliverable
Back
Any unique and verifiable product, result, or capability to perform a service
Front
Lessons Learned
Back
Knowledge gained during a project which shows how project events were addressed
Front
Resource Allocation
Back
Assigning available resources in an efficient manner
Front
Change Log
Back
A comprehensive list of changes submitted during the project and their status
Front
Earned Value (EV)
Back
The measure of work performed expressed in terms of the budget authorized for that work
Front
Program Management
Back
The process of managing multiple related projects
Front
Risk Acceptance
Back
A risk response strategy that involves acknowledging the risk and not taking any action unless it occurs
Front
Triple Constraint
Back
The balance of the project\s scope, schedule, and cost
Front
Human Resource Management
Back
Organizing, managing, and leading the project team
Front
Stakeholder Management
Back
Identifying all people or organizations impacted by the project
Front
Issue Log
Back
A project document where all issues are recorded and tracked
Front
Project Portfolio Management
Back
The centralized management of one or more portfolios to achieve strategic objectives
Front
Project Lifecycle
Back
The series of phases that a project goes through from initiation to closure
Front
Project Management Plan
Back
The document that describes how the project will be executed, monitored, and controlled
Front
Communication Plan
Back
A document that outlines the communication goals and strategies
Front
Initiating Process Group
Back
Processes performed to define a new project or phase by obtaining authorization
Front
Project Budget
Back
The total amount of authorized financial resources for the project
Front
Project Sponsor
Back
A person or group who provides resources and support for the project
Front
Project Milestones
Back
Significant points or events in the project schedule
Front
Gantt Chart
Back
A type of bar chart that illustrates a project schedule
Front
Schedule Baseline
Back
The approved version of the project schedule
Front
Stakeholder Analysis
Back
A technique used to identify the interests and influence of various stakeholders
Front
Quality Management
Back
Determining quality policies, objectives, and responsibilities
Front
Quality Control
Back
The process of monitoring and recording results of executing quality activities
Front
Project Governance
Back
The framework within which project decisions are made
Front
Cost Baseline
Back
The approved version of the project budget
Front
Project Schedule
Back
The planned dates for performing activities and the planned dates for meeting milestones
Front
Cost Estimation
Back
The process of forecasting the financial resources needed for a project
Front
Float
Back
The amount of time that a task in a project network can be delayed without causing a delay to subsequent tasks
Front
Responsibility Assignment Matrix (RAM)
Back
A grid that shows the project resources assigned to each work package
Front
Monitoring and Controlling Process Group
Back
Processes required to track, review, and regulate the project
Front
Procurement Management
Back
Acquiring goods and services from outside the performing organization
Front
Project Scope Statement
Back
The description of the project scope, major deliverables, assumptions, and constraints
Front
PERT Chart
Back
A project management tool used to schedule, organize, and coordinate tasks
Front
Project Manager
Back
The person assigned by the performing organization to achieve the project objectives
Front
Key Performance Indicators (KPIs)
Back
Quantifiable measures used to evaluate the success of an organization or project
Front
Time Management
Back
Ensuring timely completion of the project
Front
Project Team
Back
The group of individuals performing the work of the project
Front
Project Charter
Back
A document issued by the project initiator or sponsor
Front
Executing Process Group
Back
Processes performed to complete the work defined in the project management plan
Front
Feasibility Study
Back
An assessment of the practicality of a proposed plan or project
Front
Communications Management
Back
Ensuring timely and appropriate generation, collection, distribution, and disposition of project information
Front
Closing Process Group
Back
Processes performed to finalize all activities across all Process Groups
Front
Planned Value (PV)
Back
The authorized budget assigned to scheduled work
Front
Cost Management
Back
Planning, estimating, budgeting, and controlling costs
Front
SWOT Analysis
Back
A technique to identify Strengths, Weaknesses, Opportunities, and Threats
Front
Project Phases
Back
Divisions within a project where extra control is needed to manage the completion of a major deliverable
Front
Work Breakdown Structure (WBS)
Back
A hierarchical decomposition of the total scope of work to accomplish the project objectives
Front
Resource Breakdown Structure (RBS)
Back
A hierarchical representation of resources by category and type
Front
Project Timeline
Back
A graphical representation of a chronological sequence of project events
Front
Variance Analysis
Back
The comparison of planned project results with actual project results
Front
Cost-Benefit Analysis
Back
A process by which business decisions are analyzed as benefits vs. costs
Front
Change Control Board (CCB)
Back
A group that reviews, evaluates, approves, delays, or rejects changes to the project
Front
Risk Transfer
Back
Shifting the impact of a risk to a third party
Front
Scope Verification
Back
The process of formalizing acceptance of the completed project deliverables
Front
Scope Management
Back
Ensuring the project includes all the work required, and only the work required
Front
Earned Value Management (EVM)
Back
A methodology that combines scope, schedule, and resource measurements
Front
Risk Register
Back
A document in which the results of risk analysis and risk response planning are recorded
Front
RACI Matrix
Back
A matrix that shows the Responsibility, Accountability, Consultation, and Informed statuses for tasks
Front
Risk Probability and Impact Matrix
Back
A grid for mapping the probability of each risk occurrence and its impact on project objectives
Front
Actual Cost (AC)
Back
The realized cost incurred for the work performed
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