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31 Cards in this Set
- Front
- Back
Project Management Plan
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a formal, approved document that defines how the project is executed, monitored, and controlled. It may be summary or detailed and may be composed of one or more subsidiary management plans and other planning documents
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Communications planning
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the process of determining the information and communications needs and expectations for the project stakeholders: Who they are, etc
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Communications management plan
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the document that describes: the communication needs and expectations for the project
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Knowledge
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knowing something with the familiarity gained through experience, education, observation, or investigation
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Virtual team
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a group of persons with a shared objective who fulfill their roles with little or no time spent meeting face to face
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Product scope
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the features and functions that characterize a product, service, or result.
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Project scope
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the work that must be performed to deliver a product, service, or result.
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Scope definition
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the process of developing a detailed project scope statement as the basis of future project decisions
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Activity definition
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the process of identifying the specific schedule activities that need to be performed to produce the various project deliverables
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Work package
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a deliverable … at the lowest level of each branch of a WBS. The work package includes the schedule activities and schedule milestones required to complete the work package deliverable
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WBS component
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an entry in the WBS that can be at any level
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WBS Dictionary
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A document that describes each component in the WBS
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Rolling wave planning
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a form of progressive elaboration planning where the work to be accomplished in the near term is planned in detail… while the work far in the future is planned at a relatively high level… the detailed planning for work to be performed… in the near future is done as work is being completed during the current time period.
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Critical Path Method
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a schedule network analysis technique… and to determine the minimum total project duration.
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Precedence Diagramming Method
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a schedule network diagramming technique in which the scheduled activities are represented by boxes or nodes
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Activity on Node (AON) and Precedence Diagramming Method (PDM)
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a schedule network diagramming technique in which the scheduled activities are represented by boxes or nodes
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Critical Path
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Longest path within the project
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Slack
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the total amount of time a schedule activity may be delayed from its early start date without delaying the project finish date.
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Lead time
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a modification of a logical relationship that allows an acceleration of the successor activity
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Lag time
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ad modification of a logical relationship that directs a delay in the successor activity
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Gantt chart
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a graphic display of schedule related information
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Staffing management plan
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the document that describes when and how human resource requirements will be met.
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Activity resource estimating
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the process of estimating the types and quantities of resources required to perform each scheduled activity
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Critical chain method
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a schedule network analysis technique that modifies the project schedule to account for limited resources. Combines deterministic and probabilistic approaches.
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Crashing
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(may cost more)
how to get the maximum schedule duration for the least additional cost |
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Fast Tracking
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(increase risk)
a specific project schedule compression technique that changes network logic to … perform schedule activities in parallel |
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Analogous estimating
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Requires experience from other projects. Cost is estimated by different parameters such as size, weight and complexity.
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Parametric Estimating
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uses a statistical relationship between historical data and other variables.
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Bottom-up Estimating
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a method of estimating a component of work. Used if you have not previous knowledge.
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Cost budgeting
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the process of aggregating the estimated costs of individual activities or work packages to establish a cost baseline.
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Cost baseline
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=Direct + Indirect Costs
the approved time-phased budget against which project execution is compared and deviations are measured for management control |