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21 Cards in this Set
- Front
- Back
360-degree appraisal |
A performance review completed by a person's peers, managers, and subordinates. It's called a 360-degree appraisal as it's a circle of reviews by people at different levels of an organization. |
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Acceptance |
This is a response to a risk event, generally made when the probability of the event and/or impact are small. It is used when mitigation, transference, or avoidance are not selected. |
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Active listening |
This occurs when the receiver confirms the message is being received by feedback, questions, prompts clarity, and other signs of having received the message. |
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Activity attributes |
Activities that special conditions, requirements, risks, and other conditions should be documented. |
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Activity Cost Estimates |
The cost of resources including materials, services, and when warranted, labor should be estimated. |
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Activity List |
A listing of all of the project activities required to complete each project phase or the entire project. This list is an input to the project network diagram. |
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Activity on node |
A network diagramming approach that places the activities on a node in the project network diagram. |
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Activity sequencing |
The process of mapping the project activities in the order in which the work should be completed. |
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Actual costs |
The amount of funds the project has spent to date. The difference between actual costs and earned value will reveal cost variance. |
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Adjourning |
The final stage of team development; once the project is done, the team moves on to other assignments either as a unit or the project team is disbanded and individual team members go onto other work. |
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Affinity diagram |
Clusters like ideas together and allows for decomposition if ideas to compare and contrast project requirements |
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Analogous estimating |
This relies on historical information to predict estimates for current projects. Analogous estimating is also know as top down estimating and is a form of expert judgement |
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Application areas |
The area of discipline that a project nay center upon. Consider technology, law, sales, marketing and construction among many others. |
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Assumption log |
A document that clearly identifies and tracks all the assumptions that are made in the project. All assumptions need to be tested for their validity and the outcome of the test should be recorded |
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Autocratic |
The project manager makes all the decisions |
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Avoidance |
This is one response to a risk event. The risk is avoided by planning a different technique to remove the risk from the project |
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Benchmarking |
A process of using prior projects within or external to the performing organization to compare and set quality standards for process and results |
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Benefit measurement metho |
Project selection methods that compare the benefits of projects to determine which project the organization should select for investment |
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Benefit/Cost Analysis |
The process of determining the pros and cons of any project, process, product, or activity |
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Benefit / Cost Ratio |
Shows the proportion of benefits to cost; for example 4:1 would equate to four benefits and just one cost |
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Bid |
A document from the seller to the buyer. Used when price is the determining factor in the decision making process |