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PM Cert - CAPM

Chapter 3 - Examining the Project Processes

TermDefinition
Assumption A belief that may or may not be true within a project.
Change Request A documented request to add to or remove from the project scope. Request may be initiated to change an organizational process asset, such as a template or a form.
Process Group - Closing The project management process group that contains the activities to close out a project and project contracts.
Constraint A condition, rule, or procedure that restricts a project manager's options. Example: project deadline.
Corrective Action Brings work back into alignment with the project plan. May also address a process that is producing errors.
Cost Baseline The aggregation of the project deliverables and their associated costs.
Defect Repair The activity to repair a defect within the project.
Deming's PDCA Cycle Standard project management is based on this Plan-Do-Check-Act cycle which describes the logical progression of project management duties.
Enterprise Environmental Factors Any external or internal factors that can affect project success. Example: culture, organizational structure, resources, market conditions, etc.
Process Group - Executing The project management process group that provides the activities to carry out the project management plan to complete the project work.
Process Group - Initiating The project management process group that allows a project to be chartered and authorized.
Process Group - Monitoring and Controlling The project management process group that oversees, measures, and tracks project performance.
Organizational Process Assets The methodology an organization uses to perform its business, as well as the guidelines, procedures, and knowledge bases, such as the lessons learned documentation from past projects and any relevant historical information.
Process Group - Planning The project management process group that creates the project management plan to execute, monitor, control, and close the project.
Preventive Action A risk related action that avoids risk within the project. Example: a workaround to a problem.
Process A set of integrated activities to create a product, result, or service. Allows the project to move toward completion.
Project Calendar Documents when the project work can occur.
Project Charter Document that comes from outside of the project boundaries and authorizes the existence of a project.
Project Deliverable The output of the project.
Scope Statement Defines the project, the project deliverables, product requirements, project boundaries, acceptances procedures and scope control.
Resource Calendar Calendar the documents which project resources are available for work the project work.
Risk Register Central repository of the project risks and their attributes.
Risk An uncertain event or condition that can have a negative or positive impact on the project.
Rolling Wave Planning Iterations of planning throughout the project life cycle.
Schedule Baseline The expected timelines of the project.
WBS Dictionary A document that defines ever identified element of the WBS.
Work Breakdown Structure (WBS) A breakdown of the project scope; often called the scope baseline.
Work-around An immediate response to a negative risk within the project. Example of a corrective action.
Cost Variance The difference between the cost estimates and the actual cost of the project.
Schedule Variances The difference between the planned schedule and the experience schedule.
Created by: ianmoore87