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50 Cards in this Set

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  • Back
Risk Transference [Technique]
Begins with R: A risk response planning technique* that shifts the impact of a threat to a third party, together with ownership of the response.
Role
Begins with R: A defined function to be performed by a project team member, such as testing, filing, inspecting, coding.
Rolling Wave Planning [Technique]
Begins with R: A form of progressive elaboration planning where the work to be accomplished in the near term is planned in detail at a low level of the work breakdown structure, while the work far in the future is planned at a relatively high level of the work breakdown structure, but the detailed planning of the work to be performed within another one or two periods in the near future is done as work is being completed during the current period.
Root Cause Analysis [Technique]
Begins with R: An analytical technique used to determine the basic underlying reason that causes a variance or a defect or a risk. A root cause may underlie more than one variance or defect or risk.
Schedule
Begins with S: See project schedule and see also schedule model.
Schedule Activity
Begins with S: A discrete scheduled component of work performed during the course of a project. A schedule activity normally has an estimated duration, an estimated cost, and estimated resource requirements. Schedule activities are connected to other schedule activities or schedule milestones with logical relationships, and are decomposed from work packages.
Schedule Analysis
Begins with S: See schedule network analysis.
Schedule Compression [Technique
Begins with S: Shortening the project schedule duration without reducing the project scope. See also crashing and first tracking.
Schedule Control [Process]
Begins with S: The process of controlling changes to the project schedule.
Schedule Development [Process]
Begins with S: The process of analyzing schedule activity sequences, schedule activity durations, resource requirements, and schedule constraints to create the project schedule.
Schedule Management Plan [Output/Input]
Begins with S: The document that establishes criteria and the activities for developing and controlling the project schedule. It is contained in, or is a subsidiary plan of, the project management plan. The schedule management plan may be formal or informal, highly detailed or broadly framed. based on the needs of the project.
Schedule Milestone
Begins with S: A significant event in the project schedule, such as an event restraining future work or marking the completion of a major deliverable. A schedule milestone has zero duration. Sometimes called a milestone activity. See also milestone.
Schedule Model [Tool]
Begins with S: A model used in conjunction with manual methods or project management softurare to perform schedule network analysis to generate the project schedule for use in managing the execution of a project. See also project schedule.
Schedule Network Analysis [Technique]
Begins with S: The technique of identifying early and late start dates*, as well as early and late finish dates*, for the uncompleted portions of project schedule activities. See also critical path method, critical chain method what-if analysis, and resource leveling.
Schedule Performance Index (SPI)
Begins with S: A measure of schedule efficiency on a project. It is the ratio of earned value (EV) to planned value (PV). The SPI = EV divided by PV. An SPI equal to or greater than one indicates a favorable condition and a value of less than one indicates an unfavorable condition. See also earned value management.
Schedule Variance (SV)
Begins with S: A measure of schedule performance on a project. It is the algebraic difference between the earned value (EV) and the planned value (PV). SV = EV minus PV. See also earned value management.
Scheduled Finish Date (SF)
Begins with S: The point in time that work was scheduled to finish on a schedule activity. The scheduled finish date is normally within the range of dates delimited by the early finish date and the late finish date. it may reflect resource leveling of scarce resources. Sometimes called planned finish date.
Scheduled Start Date (SS)
Begins with S: The point in time that work was scheduled to start on a schedule activity. The scheduled start date is normally within the range of dates delimited by the early start date and the late start date. It may reflect resource leveling of scarce resources. Sometimes called planned start date.
Scope
Begins with S: The sum of the products, services, and results to be provided as a project. See also project scope and product scope.
Scope Baseline
Begins with S: See baseline.
Scope Change
Begins with S: Any change to the project scope. A scope change almost always requires an adjustment to the project cost or schedule.
Scope Control [Process]
Begins with S: The process of controlling changes to the project scope.
Scope Creep
Begins with S: Adding features and functionality (project scope) without addressing the effects on time, costs, and resources, or without customer approval.
Scope Definition [Process]
Begins with S: The process of developing a detailed project scope statement as the basis for future project decisions.
Scope Planning [Process
Begins with S: The process of creating a project scope management plan.
Scope Verification [Process]
Begins with S: The process of formalizing acceptance of the completed project deliverables.
S-Curve
Begins with S: Graphic display of cumulative costs, labor hours, percentage of work, or other quantities, plotted against time. Used to depict planned value, earned value, and actual cost of project work. The name derives from the S-like shape of the curve (flatter at the beginning and end, steeper in the middle) produced on a project that starts slowly, accelerates, and then tails off. Also a term for the cumulative likelihood distribution that is a result of a sunu/ation, a tool of quantitative risk analysis.
Secondary Risk
Begins with S: A risk that arises as a direct result of implementing a risk response.
Select Sellers [Process]
Begins with S: The process of reviewing offers, choosing from among potential sellers, and negotiating a written contract with a seller.
Seller
Begins with S: A provider or supplier of products, services, or results to an organization.
Sensitivity Analysis
Begins with S: A quantitative risk analysis and modeling technique used to help determine which risks have the most potential impact on the project. It examines the extent to which the uncertainty of each project element affects the objective being examined when all other uncertain elements are held at their baseline values. The typical display of results is in the form of a tornado diagram.
Service
Begins with S: Useful work performed that does not produce a tangible product or result, such as performing any of the business functions supporting production or distribution. Contrast with product and result. See also deliverable.
Should-Cost Estimate
Begins with S: An estimate of the cost of a product or service used to provide an assessment of the reasonableness of a prospective seller's proposed cost.
Simulation
Begins with S: A simulation uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulations use computer models and estimates of risk, usually expressed as a probability distribution of possible costs or durations at a detailed work level, and are typically performed using Monte Carlo analysis.
Skill
Begins with S: Ability to use kno'irledge, a developed aptitude, and/or a capability to effectively and readily execute or perform an activity%.
Slack
Begins with S: See total float and f •ee float.
Special Cause
Begins with S: A source of variation that is not inherent in the system, is not predictable, and is intermittent. It can be assigned to a defect in the system. On a control chart, points beyond the control limits, or non-random patterns within the control limits, indicate it. Also referred to as assignable cause. Contrast with common cause.
Specification
Begins with S: A document that specifies, in a complete, precise, verifiable manner, the requirements, design, behavior, or other characteristics of a system, component, product, result, or service and. often, the procedures for determining whether these provisions have been satisfied. Examples are: requirement specification, design specification, product specification, and test specification.
Specification Limits
Begins with S: The area, on either side of the centerline, or mean, of data plotted on a control chart that meets the customer's requirements for a product or service. This area may be greater than or less than the area defined by the control limits. See also control limits.
Sponsor
Begins with S: The person or group that provides the financial resources, in cash or in kind, for the project.
Staffing Management Plan [Process]
Begins with S: The document that describes when and how human resource requirements will be met. It is contained in, or is a subsidiary plan of, the project management plan. The staffing management plan can be informal and broadly framed, or formal and highly detailed, based on the needs of the project. Information in the staffing management plan varies by application area and project size.
Stakeholder
Begins with S: Person or organization (e.g., customer, sponsor, peiforming organization, or the public) that is actively involved in the project, or whose interests may be positively or negatively affected by execution or completion of the project. A stakeholder may also exert influence over the project and its deliverables.
Standard
Begins with S: A document established by consensus and approved by a recognized body that provides, for common and repeated use, rules, guidelines or characteristics for activities or their results, aimed at the achievement of the optimum degree of order in a given context.
Start Date
Begins with S: A point in time associated with a schedule activity's start, usually qualified by one of the following: actual, planned, estimated, scheduled, early, late, target, baseline. or current.
Start-to-Finish (SF)
Begins with S: The logical relationship where completion of the successor schedule activity is dependent upon the initiation of the predecessor schedule activity. See also logical relationship.
Start-to-Start (SS)
Begins with S: The logical relationship where initiation of the work of the successor schedule activity depends upon the initiation of the work of the predecessor schedule activity. See also logical relationship.
Statement of Work (SOW)
Begins with S: A narrative description of products, services, or results to be supplied.
Strengths, Weaknesses, Opportunities, and Threats (SWOT) Analysis
Begins with S: This information gathering technique examines the project from the perspective of each project's strengths, weaknesses, opportunities, and threats to increase the breadth of the risks considered by risk management.
Subnetwork
Begins with S: A subdivision (fragment) of a project schedule network diagram, usually representing a subproject or a work package. Often used to illustrate or study some potential or proposed schedule condition, such as changes in preferential schedule logic or project scope.
Subphase
Begins with S: A subdivision of a phase.