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PMP eXAM 3 REVIEW
pmp
31
Management
Graduate
02/03/2016

Additional Management Flashcards

 


 

Cards

Term
Work Performance Information
Definition
this is an output of control procurements and is then used as an input to monitor and control project work
Term
Work Performance Information
Definition
gives a basis for identification of current or potential problems to support claims or new procurements
Term
Payback Period
Definition
the time required to recover the INITIAL investment
Term
Monitor & Control Project Work
Definition
process involves comparing actual project performance to the expected project performance as outlined in the project management plan
Term
Total Float
Definition
the schedule flexibility on any network path is measured by this
Term
Close Project or Phase outputs
Definition
the final product, service, or result transition
Organizational Process assets updates
Term
Gold Plating
Definition
extraneous work that a project team performs without approvals, which can be controlled by effective project management such as effective Scope, Communications and Human resources management
Term
Collaborate/Problem Solving
Definition
incorporating multiple viewpoints and insights from differing perspectives; requires a cooperative attitude and open dialogue that typically leads to consensus and commitment
Term
Close Procurements Process Outputs
Definition
closed procurements
organizational process assets updates
Term
Cost Management Plan
Definition
used to establish control thresholds for monitoring cost performance
Term
Configuration Verification and Audit
Definition
ensures that the functional requirements defined in the configuration documentation have been met
Term
Influencing
Definition
is an interpersonal skill that involves awareness of, and consideration for, the various perspectives in any situation
Term
Interpersonal Skills
Definition
effective decision making
influencing
leadership
Term
Basis of Estimates
Definition
contains the assumptions made when dealing with inclusion or exclusion of direct or indirect costs in the project budget
Term
Methods of Depreciation
Definition
straight-line, double declining balance, sum-of-years digits
Term
Extrapolation
Definition
example of a time series forecasting method
Term
Business Case: Project Charter
Definition
business case is an input to the develop project charter process which produces the project charter
Term
Product Analysis: Define Scope
Definition
product analysis is a tool and technique of the define scope process
Term
Define Activities: Activity List
Definition
define activities is the process that produces an activity list
Term
Quality Metrics : Quality Checklists
Definition
outputs of the Plan Quality process
Term
Project Charter : Stakeholder Register
Definition
project charter is an input to the identify stakeholders process, which in turn produces the stakeholder register
Term
Maslows Five Needs that drive human motivation
Definition
physiological, safety, social, esteem, and self actualization
Term
Operational Awareness
Definition
refers to an understanding that you as a project manager have with regard to the organization's specific processes, policies, and procedures and the way that the company operates on a day-to-day basis
Term
Classification of Stakeholder Engagement
Definition
Unaware, resistant, neutral, supportive, leading
Term
Supportive
Definition
aware of project changes and always supportive to change
Term
Facilitated Workshops
Definition
this builds trust, fosters relationships, and improves communication among participants

these have an interactive nature
Term
Vendor Conferences
Definition
or bidder conferences are used to provide a common understanding for all bidders and to avoid any preferential treatment for individual bidders
Term
Project Approval Requirements
Definition
these are listed in the project charter

such as who decides if the project is successful and who signs off on the projects completion
Term
Analogous Estimating
Definition
generally less costly and less time consuming than other estimating techniques but it is also generally less accurate
Term
Status Report
Definition
a formal and official document used to communicate with stakeholders
Term
No Contest clause
Definition
a clause in a legal document that is designed to threaten someone, usually with litigation or criminal prosecution, into acting, refraining from acting, or ceasing to act
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