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Definition
| typically reflect the major deliverable work areas of the project of major phases in the project life cycle |
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| are used to incorporate feedback loops, to provide opportunities for interaction/participation and remove barriers to communication |
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| help you identify and potentially remove barriers to communication |
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| number of years required to return the original investment in a project |
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| Schedule Compression Techniques |
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Definition
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| What-If Scenario Analysis |
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Definition
| can be performed to identify alternate activities sequence to compress the project schedule |
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applied to a project where resources are over allocated
usually stretches the project schedule |
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pull system most often used in Agile
specific tasks on a project that are place on "_____" cards and put on this |
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| literally means signal in English |
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| a vertical bar chart showing how often a particular variable state occurred |
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| conflict resolution when both parties give up something and receive partial satisfaction relative to their initial position |
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| a graphical tool used in EMV analysis |
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| a statistical concept that calculates the average outcome when the future includes scenarios that may or may not happen |
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| identifies a problem, discovers the underlying causes that lead to it, and develop preventive actions |
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| one purpose of this process is to realign contingency reserves of cost or schedule with current risk assessments |
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Definition
Tools and techniques of this process:
Interpersonal Skills
Training
Team-Building Activities
Ground rules
Colocation
Recognition and Rewards
Personnel Assessment TOols |
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Definition
| the administration of procurement relationships defines by terms agreed to by two or more parties in a legally binding document |
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| Develop Project Charter tools and techniques |
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Definition
| Expert Judgment and facilitation tools and techniques of this process |
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| Major components of a procurement contract |
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Definition
| Statement of Work in terms of the deliverables, scope baseline, performance reporting criteria, pricing and payment terms |
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| a mutually binding legal document that details the scope of the work, payment terms and agreed upon timelines |
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| individual power of an individual over the team or followers, based on high level of identification with, admiration of, or respect for the power/holder/leader/ |
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| process of defining how to conduct risk management activities for a project |
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| project Scope, Schedule, and Cost |
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| set of activities that includes the processes necessary to purchase or acquire products, services, or results needed from outside the project team |
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Definition
used to determine whether or not a process is stable or has predictable performance
upper and lower specification limits are based on the requirements of the agreements
reflect the maximum and minimum values allowed |
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Definition
| level of engagement when stakeholders are aware of the project and actively engaged to ensure the projects success |
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Schedule Performance Index multiplied by the Planned Value
___= SPI * PV |
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| process of managing procurement relationships, monitoring contract performance, and making changes and corrections as needed |
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Definition
a specific type of histogram that is ordered by frequency of occurrence
shows how many defects were generated by type or category of identified cause |
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| a projects estimate at completion when assuming that the future performance will be at the budgeted rate |
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Definition
| document that contains strategies for complying with applicable government regulations, union contracts, and other established human resource policies |
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| Strategies for negative risks |
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Definition
| avoid, transfer, mitigate and accept |
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| Strategies for positive risks |
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Definition
| exploit, share, enhance, and accept |
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Definition
| process of creating, collecting, distributing, storing, retrieving, and disposition of project information including status reports, progress measurements, and forecasts |
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| concerned with developing an approach and a plan for project communications throughout the project lifecycle |
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Definition
| process of monitoring and controlling project communications |
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| Manage Stakeholder Engagement |
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Definition
| concerned with communicating with stakeholders in order to meet their communication needs and expectations |
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| Group Creativity Techniques |
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Definition
| brainstorming, nominal group technique, idea/mind mapping, affinity diagram, multicriteria decision analysis |
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| Group Decision Making Technique |
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Definition
| unanimity, majority, plurality, dictatorship |
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| Contract Change Control System |
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Definition
defines the process by which the procurement can be modified
includes paperwork, tracking systems, dispute resolution procedures, and approval levels necessary for authorizing changes |
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| PDCA or Plan-Do-Check-Act |
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Definition
| basis for quality improvement as defined by Shewhart and modified by Deming |
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| Stakeholder Management Plan |
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Definition
| identifies the management strategies required to engage all project stakeholders, the timeframe and frequency for the distribution of required information to stakeholders is also included in this document |
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Definition
| concerned with inspecting the deliverables with the customer |
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| Components of Lessons Learned Knowledge Base |
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Definition
| Project records and documents, project closure information and documentation, information from risk management activities, information regarding results of project selection decisions and project performance information |
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| Activity Cost Estimates, basis of estimates, project documents updates |
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| any clause, term, or condition in a contract that allows a party to that contract to avoid having to perform the contracted work |
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| used to determine if the product does or does not conform to quality standards |
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Definition
| the result is rated on a continuous scale that measures the degree of conformity |
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Definition
| shows the logical steps needed to accomplish an objective, how the elements of a system relate to each other, and which actions cause what responses |
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| Tools and techniques of manage stakeholder engagement process |
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Definition
communication methods
interpersonal skills
management skills |
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| Tuckman Ladder (team development) |
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Definition
| Forming, storming, norming, performing, adjourning |
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Definition
| part of the sender-receiver model |
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Definition
| responsible for declaring the formal closure of a procurement contract on a project |
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Definition
| non-work schedule activities and are used to protect the target finish date from slippage along the critical chain |
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Definition
| defined as the PMI Practice standard for WBS and it doesnt limit the number of levels |
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| Source Selection Criteria |
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Definition
| developed and used to rate or score seller proposals, and can be objective or subjective |
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| Cost Reimbursable Contracts |
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Definition
| used when scope cannot be precisely defined |
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| Fixed Price Incentive Fee Contracts |
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Definition
| advisable when the scope is fixed and you are looking for some flexibility with regard to performance goals |
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| Firm Fixed Price Contracts |
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Definition
| where scope is clearly defined |
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Definition
| focuses on the specification of both the deliverables and processes while change control focuses on identifying, documenting, and controlling changes to the project and product baselines |
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Definition
| involves comparing actual or planned project practices to those of comparable projects to identify best practices, generate ideas for improvement, and provide a basis for measuring performance |
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| Procurement Performance Reviews |
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Definition
| conducted in control procurements to determine and document the vendors progress in delivering the project scope and quality within the contractually agreed cost and schedule |
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Definition
| used extensively in modeling & simulation, represent the uncertainty in values such as durations of schedule activities and costs of project components |
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Definition
| can be used to represent uncertain events, such as the outcome of a test or a possible scenario in a decision tree |
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Definition
| can be used if there is no obvious value that is more likely than any other between specified high and low bounds, such as in the early concept stage of design |
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Definition
approved version of a scope statement, WBS and WBS dictionary
deliverables, constraints, and assumptions are all documented in the scope statement |
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| Time and Material Contracts (T&M) |
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Definition
| are a hybrid type of contractual arrangement that contain aspects of both cost-reimbursable and fixed-price contracts |
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Definition
| recognizes the need for a project manager, but it does not provide the project manager with full authority over the project and project funding |
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| Weak matrix Organizations |
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Definition
| maintain many of the same characteristics of a functional organizations, and the role of the PM is more of a coordinator or expediter |
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Definition
| recognizes the need for a project manager, but it does not provide the project manager with full authority over the project and project funding. Both the functional manager and project manager control the project budget. |
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Definition
| used as an input to the Control Communications process, this log is used to document and monitor the resolution of issues |
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| Acquire Project Team Inputs |
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Definition
human resource management plan
enterprise environmental factors
organizational process assets |
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| Requirements Documentation |
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Definition
| contains the deliverable acceptance criteria |
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Definition
| a method for identifying which factors may influence specific variables of a product or process under development or in production. |
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Definition
| should be used during the Plan Quality process to determine the number and type of tests and their impact on cost of quality |
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Term
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Definition
| this risk management process is where the risk response owner periodically reports to the project manager on the effectiveness of the risk response plan |
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Definition
a structured, independent process to determine if project activities comply with organizational policies, processes and procedures
goal is to ensure that your project activities follow what has been outlined and documented in the Quality Management Plan |
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Definition
| modifies the project schedule to account for limited resources and uses schedule buffers to protect the project end date |
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Definition
| method of managing procurement relationships, monitoring contract performance, and making changes and corrections as needed |
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Definition
| in this process both the buyer and seller will administer the procurement contract for similar purposes |
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| Perform Quantitative Risk Analysis |
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Definition
| process is the probabilistic analysis of the project calculated and documented |
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Term
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Definition
| variance analysis is performed as part of this process to determine the cause and degree of difference between the baseline and actual performance |
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Definition
| the process of monitoring the status of the project and product scope and managing changes to the scope baseline |
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Definition
| this process detects gold plating |
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Definition
| this is a tool and technique of the develop project team process that includes recognizing and rewarding desirable behavior |
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Term
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Definition
similar to a control chart minus the limits , shows the history and pattern of variation
a line graph that shows data points plotted in the order in which they occur |
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Term
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Definition
| states that work expands so as to fill the time available for its completion. some variations of this theory are data expands to fill the space available for storage |
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Definition
| a special form of a vertical bar chart, it is used to identify the vital few sources that are responsible for causing the majority of the problems |
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Definition
increases company expertise in dealing with contracts
helps documentation of procurement activities available for the organization irrespective of location |
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| Three types of PMOs identified by the PMBOK Guide |
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Definition
| Supportive, Controlling and Directive |
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Definition
| contains process configuration, and provides a graphic depiction of processes, with interfaces identified, used to facilitate analysis |
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Definition
| must be done first before you request additional resources to be added to either management reserves or contingency reserves |
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Definition
| a set of activities that includes a documented process from existing organizational process assets and making changes to it based on the current specific needs of a project is referred to as |
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| Develop Project Team Process |
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Definition
| the establish ground rules tool and technique are apart of this process |
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| Manage Stakeholder Engagement |
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Definition
| change log is used as an input to this process |
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Definition
| this model describes classes of stakeholders based on their power, urgency and legitimacy |
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Definition
| cannot personally make or enforce decisions, works as a communication coordinator |
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Definition
| process defines the final outputs as activities rather than work packages, |
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Definition
| a process is considered out of control when a data point exceeds a control limit or if seven consecutive points are above or below the mean |
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Definition
a comprehensive list including all schedule activities required on the project
these include an activity identifier and scope of work descriptions for each activity |
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