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APMP Section 5-6

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Information management   show
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Business case   show
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Assumptions   show
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Business risk assessment   show
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Do nothing' option   show
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show Predetermined results towards which effort is directed.  
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show The identification, selection and implementation of an organisation’s long term goals and objectives.  
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Benefit   show
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Benefits management   show
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Cost-benefit analysis   show
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show The practice of ensuring that benefits are derived from outputs and outcomes.  
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show A consequence of change perceived as negative by one or more stakeholders.  
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Funding   show
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show A collection of techniques used to identify the attractiveness of an investment.  
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show The organisations or people who have an interest or role in the project or are impacted by the project.  
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show Used to help analyse the position of stakeholders and to support the identification of appropriate engagement strategies.  
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show The systematic identification, analysis, planning and implementation of actions designed to engage with stakeholders.  
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show The concept of relating future cash inflows and outflows over the life of a project to a common base value.  
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show A discount rate at which the net present value of a future cash flow is zero.  
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show The aggregate of future net cash flows discounted back to a common base date, usually the present.  
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show The time it takes for net cash inflow to equal the cash investment.  
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show The written-down value of a capital item at the end of the period, used in the business case to assess the financial integrity of the programme or project.  
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Baseline   show
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show Determines what is to be delivered, how much it will cost, when it will be delivered, how it will be delivered and who will carry it out.  
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Roll out   show
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Subproject   show
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show A measure of the work that has been completed for comparison with the baseline.  
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show Tracking performance against agreed plans and taking the corrective action required to meet defined objectives.  
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Cyberbetic control   show
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Earned value   show
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show A project control process based on a structured approach to planning, cost collection and performance measurement.  
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show A key event selected for its importance in the schedule.  
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show A graphic display of cumulative costs, labour hours or other quantities, plotted against time.  
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show A pictorial representation of the predicted completion dates of milestones or activities compared to their planned completion dates.  
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show An estimate in which the most likely mid-range value, an optimistic value and a pessimistic, worst case value are given.  
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show An estimating approach based on historical costs and other project variable.  
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Program evaluation and review technique (PERT)   show
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Bottom-up estimating   show
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show An estimating technique based on the comparison with, and factoring from, the costs of similar, previous work.  
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show A process where a consensus view is reached by consultation with experts.  
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Estimate   show
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Estimating   show
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Parametric estimating   show
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Project management plan (PMP)   show
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Breakdown structure   show
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show A product, set of products or package of work that will be delivered to, and formally accepted by, a stakeholder.  
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Product   show
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Scope management   show
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show A group of related activities that are defined at the same level within a work breakdown structure.  
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Acceptance criteria   show
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show The process of capturing, assessing and justifying stakeholders’ wants and needs.  
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show The group of people who are intended to benefit from the project or operate the deliverables.  
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Change control   show
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Change freeze   show
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Change register   show
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Configuration management   show
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show The totality of the outputs, outcomes and benefits and the work required to produce them.  
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Configuration   show
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Created by: lworsley
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