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50 Cards in this Set

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  • Back
Finish-to-Start (FS)
Begins with F: The logical relationship where initiation of work of the successor activity depends upon the completion of work of the predecessor activity. See also logical relationship.
Firm-Fixed-Price (FFP) Contract
Begins with F: A type of fixed price contract where the hover pays the seller a set amount (as defined by the contract), regardless of the seller's costs.
Fixed-Price-Incentive-Fee (FPIF) Contract
Begins with F: A type of' contract where the buyer pays the seller a set amount (as defined by the contract), and the seller can earn an additional amount if the seller meets defined performance criteria.
Fixed-Price or Lump-Sum Contract
Begins with F: A type of contract involving a fixed total price for a well-defined product. Fixed-price contracts may also include incentives for meeting or exceeding selected project objectives, such as schedule targets. The simplest form of a fixed price contract is a purchase order.
Float
Begins with F: Also called slack. See total float and see also free float.
Flowcharting [Technique]
Begins with F: The depiction in a diagram format of the inputs, process actions, and outputs of one or more processes within a system.
Forecasts
Begins with F: Estimates or predictions of conditions and events in the project s future based on information and knowledge available at the time of the forecast. Forecasts are updated and reissued based on work performance information provided as the project is executed. The information is based on the project's past performance and expected future performance, and includes information that could impact the project in the future, such as estimate at completion and estimate to complete.
Forward Pass
Begins with F: The calculation of the early start and early finish dates for the uncompleted portions of all network activities. See also schedule network analysis and backward pass.
Free Float (FF)
Begins with F: The amount of time that a schedule activity can be delayed without delaying the early start of any immediately following schedule activities. See also total float.
Functional Manager
Begins with F: Someone with management authority over an organizational unit within a frntctional organization. The manager of any group that actually makes a product or performs a service. Sometimes called a line manager.
Functional Organization
Begins with F: A hierarchical organization where each employee has one clear superior, staff are grouped by areas of specialization, and managed by a person with expertise in that area.
Funds
Begins with F: A supply of money or pecuniary resources immediately available. Gantt Chart. See bar chart.
Goods
Begins with G: Commodities, wares, merchandise.
Grade
Begins with G: A category or rank used to distinguish items that have the same functional use (e.g., "hammer"), but do not share the sane requirements for quality (e.g., different hammers may need to withstand different amounts of force).
Ground Rules [Tool]
Begins with G: A list of acceptable and unacceptable behaviors adopted by a project team to improve working relationships, effectiveness, and commwiication.
Hammock Activity
Begins with H: See sw marv activity.
Historical Information
Begins with H: Documents and data on prior projects including project files, records, correspondence, closed contracts, and closed projects.
Iluman Resource Planning [Process]
Begins with I: The process of identifying and documenting project roles, responsibilities and reporting relationships, as well as creating the staffing m anagentent plan.
Imposed Date
Begins with I: A fixed elate imposed on a schedule activity or schedule milestone, usually in the form of a "start no earlier than" and "finish no later than" date.
Influence Diagram [Tool]
Begins with I: Graphical representation of situations showing causal influences, time ordering of events, and other relationships among variables and outcomes.
Influencer
Begins with I: Persons or groups that are not directly related to the acquisition or use of the project's product, but, due to their position in the customer organization*, can influence, positively or negatively, the course of the project.
Information Distribution [Process]
Begins with I: The process of making needed information available to project stakeholders in a timely manner.
Initiating Processes [Process Group]
Begins with I: Those processes performed to authorize and define the scope of a new phase or project or that can result in the continuation of halted project work. A large number of the initiating processes are typically done outside the project's scope of control by the organization, program, or portfolio processes and those processes provide input to the project's initiating processes group.
Initiator
Begins with I: A person or organization that has both the ability and authority to start a project.
Input [Process Input]
Begins with I: Any item, whether internal or external to the project that is required by a process before that process proceeds. May be an output from a predecessor process.
Inspection [Technique]
Begins with I: Examining or measuring to verify whether an activity, component, product, result or service conforms to specified requirements.
Integral
Begins with I: Essential to completeness: requisite; constituent with; formed as a unit with another component.
Integrated
Begins with I: Interrelated, interconnected, interlocked, or meshed components blended and unified into a functioning or unified whole.
Integrated Change Control [Process]
Begins with I: The process of reviewing all change requests, approving changes and controlling changes to deliverables and organizational process assets.
Invitation for Bid (IFB)
Begins with I: Generally, this term is equivalent to request jor proposal. However, in some application areas, it may have a narrower or more specific meaning.
Issue
Begins with I: A point or matter in question or in dispute, or a point or matter that is not settled and is under discussion or over which there are opposing views or disagreements.
Knowledge
Begins with K: Knowing something with the familiarity gained through experience, education, observation, or investigation, it is understanding a process, practice, or technique, or how to use a tool.
Knowledge Area Process
Begins with K: An identifiable project management process within a knowledge area.
Knowledge Area, Project Management
Begins with K: See Project Management Knowledge Area.
Lag [Technique]
Begins with L: A modification of a logical relationship that directs a delay in the successor activity. For example, in a finish-to-start dependency with a ten-day lag, the successor activity cannot start until ten days alter the predecessor activity has finished. See also lead.
Late Finish Date (LF)
Begins with L: In the critical path method, the latest possible point in time that a schedule activity may be completed based upon the schedule network logic, the project completion date, and any constraints assigned to the schedule activities without violating a schedule constraint or delaying the project completion date. The late finish dates are determined (luring the backward pass calculation of the project schedule network.
Late Start Date (LS)
Begins with L: In the critical path method, the latest possible point in time that a schedule activity may begin based upon the schedule network logic, the project completion date, and any constraints assigned to the schedule activities without violating a schedule constraint or delaying the project completion date. The late start dates are determined during the backward pass calculation of the project schedule network.
Latest Revised Estimate
Begins with L: See estimate at completion.
Lead ['technique]
Begins with L: A modification of a logical relationship that allows an acceleration of the successor activity. For example, in a finish-to-start dependency with a ten-day lead, the successor activity can start ten days before the predecessor activity has finished. See also lag. A negative lead is equivalent to a positive lag.
Lessons Learned [Output/Input]
Begins with L: The learning gained from the process of performing the project. Lessons learned may be identified at any point. Also considered a project record, to be included in the lessons learned knowledge base.
Lessons Learned Knowledge Base
Begins with L: A store of historical information and lessons learned about both the outcomes of previous project selection decisions and previous project performance.
Level of Effort (LOE)
Begins with L: Support-type activity (e.g., seller or customer liaison, project cost accounting, project management, etc.), which does not produce definitive end products. It is generally characterized by a uniform rate of work performance over a period of time determined by the activities supported.
Leveling
Begins with L: See resource leveling. Life Cycle. See project life cycle.
Log
Begins with L: A document used to record and describe or denote selected items identified during execution of a process or activity. Usually used with a modifier, such as issue, quality control, action, or defect.
Logic
Begins with L: See network logic.
Logic Diagram
Begins with L: See project schedule network diagram.
Logical Relationship
Begins with L: A dependency between two project schedule activities, or between a project schedule activity and a schedule milestone. See also precedence relationship. The four possible types of logical relationships are: Finish-to-Start: Finish-to-Finish; Start­to-Start; and Start-lo-Finish.
Manage Project Team [Process]
Begins with M: The process of tracking team member performance, providing feedback, resolving issues, and coordinating changes to enhance project performance.
Manage Stakeholders [Process]
Begins with M: The process of managing communications to satisfy the requirements of, and resolve issues with, project stakeholders.
Master Schedule [Tool]
Begins with M: A summary-level project schedule that identifies the major deliverables and work breakdown structure components and key schedule milestones. See also milestone schedule.