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PMP Exam Preparation
Questions to help prepare of the PMP exam
20
Other
Professional
06/28/2011

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Term
Project
Definition
A temporary endeavor undertaken to create a unique product, service or result.
Term
5 Process Group
Definition
Initiating, Planning, Execution, Monitoring & Controlling, and Closing
Term
Project Management
Definition
The application of knowledge, skills, tools and techniques to project activities to meet project requirements
Term
Project Constraints
Definition
Scope, Budget, Quality, Risk, Resources, Schedule
Term
Portfolio
Definition
Collection of projects or programs and other work that are grouped together to facilitate effective project manangement of that work to meet strategic business objectives
Term
Program
Definition
Group of projects managed in a coordinated way to obtain benefits and control not available from managing them individually.
Term
Project Management Office (PMO)
Definition
An organizational body or entity assigned various responsibilities related to centralized and coordinated management of those projects under its domain. A primary role of the PMO is to support project managers in a variety of ways.
Term
Operations
Definition
An organizational function performing the ongoing execution of activities that produce the same product or provide a repetitive service.
Term
Project lifecycle
Definition
Collection of generally sequential sometimes overlapping project phases whose name and number are determined by the management and control needs of the organization or organizations involved in the project.
Term
Project Phases
Definition
Divisions within a project where extra control is needed to effectively manage the completion of a major deliverable.
Term
Sequential Phase Relationship
Definition
A phase can only start once the previous phase has completed.
Term
Overlapping Phase Relationship
Definition
The phase starts prior to completion of the previous one. Can sometimes be applied as an example of schedule compression technique.
Term
Iterative Phase Relationship
Definition
Only one phase is planned at a time and the planning for the next phase is carried out as work progresses on the current phast
Term
Organizational process assets
Definition
Can be divided into two categories:
1. Processes and procedures
2. Corporate knowledge base
Term
Process
Definition
Set of interrelated actions and activities performed to achieve a pre-specified product, result or service
Term
Initiating Process Group
Definition
Those processes performed to define a new project of a new phase of an existing project by obtaining authorization to start the project or phase.
Term
Planning Process Group
Definition
Those processes required to establish the scope of the project, refine the objectives and define the course of action required to attain the objectives that the project was undertaken to achieve.
Term
Executing Process Group
Definition
Those processes performed to complete the work defined in the project management plan to satisfy the project specifications.
Term
Monitoring and Controlling Process Group
Definition
Those processes required to track, review and regulate the progress and performance of the project; identify any area in which changes to the plan are required; and initiate the corresponding changes.
Term
Closing Process Group
Definition
Those processes performed to finalize all activities across al Process Groups to formally close the project or phase.
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