Capm All In One - Chapter 1 Key Terns

Front 1

A Guide to the Project Management Body of Knowledge (PMBOK)

Back 1

A PMI publication that defines widely accepted project management paractices. The CAPM and the PMP exam are based on this book.

Front 2

Application areas

Back 2

The areas of expertise, industry, or function where a project is centered. Examples of application areas include architecture, IT, health care, or manufacturing.

Front 3

Certified Associate in Project Management (CAPM)

Back 3

A person who has slightly less project management experience than a PMP, but who has qualified for and then passed the CAPM examination

Front 4

Cultural and social environment

Back 4

Defines how a project affects people and how those people may affect the project. Cultural and social environments include the economic, educational, ethical, religious, demographic, and ethnic composition of the people affecte by the project.

Front 5

Deliveralbe

Back 5

A product, service, or result created by a project. Projects can have multiple deliverables.

Front 6

General management skills

Back 6

These include the application of accounting, procurement, sales and marketing, contracting, manufacturing, logistics, strategic planning, human resource management, standards and regulations, and information technology.

Front 7

International and political environment

Back 7

The consideration of the local and international laws, languages, communication challenges, time zone differences, and othe non-collocated issues that affect a project's ability to progress.

Front 8

Interpersonal skills

Back 8

The ability to interact, lead, motivate, and manage people.

Front 9

Iron Triangle of Project Management

Back 9

A triangle with the characteristics of time cost, and scope. Time cost, and scope each constitute one side of the triangle; if any side of the Iron Triangle is not in balance with the other sides, the project will suffer. The Iron Triangle of Project Managment is also known as the Triple Constraints of Project Management, as all projects are constrained by time, cost,and scope.

Front 10

Physical environment

Back 10

The physical structure and surroundings that affect a project's work.

Front 11

Program

Back 11

A collection of related projects working in unison toward a common deliveralbe.

Front 12

Progressive elaboration

Back 12

The process of gathering project details in steady, uniform steps. This process uses deductive reasoning, logic, and a series of information-gathering techniques to identify details about a project, product, or solution

Front 13

Project

Back 13

A short-term endeavor to creat a unique product, service, or result. The end result of a project is also called a deliveralbe.

Front 14

Project environment

Back 14

The location and culture of the environment where the project work will reside. The project environment includes the social, economic, and environmental variables the project must work with or around.

Front 15

Project Management Institute (PMI)

Back 15

An organization of project management professionals from around the world, supporting and promoting the careers, values, and concerns of project managers.

Front 16

Project managment office (PMO)

Back 16

A centerla office that oversees all projects within an organization or within a functional department. A PMO supports the project manager through software, training, templates, policies, communicaiton, dispute resolutions, and other services.

Front 17

Project Management Professional (PMP)

Back 17

A person who has proven project managment experience and has qualified for and then passed the PMP examiniation.

Front 18

Project portfolio management

Back 18

The managment and selection of projects that support an organization's vision and mission. It is the balance of project priority, risk, reward, and return on investment. This is a senior managment process.

Front 19

Subprojects

Back 19

A smaller project managed within a larger, parent project. Subprojects are often contracted work whose deliveralbe allows the larger project to progress.

Front 20

Triple Constraints of Project Managment

Back 20

Also known as the Iron Triangle. This theory posits that time, cost, and scope are three constraints that every project has.