Communications Management Plan. - ✔✔A component of the project,
program, or portfolio management plan that describes how, when, and by
whom information will be administered and disseminated.
Configuration Management System - ✔✔A collection of procedures used to
track project artifacts and monitor and control changes to these artifacts.
Constraint - ✔✔A limiting factor that affects the execution of a project,
program, portfolio, or process
Contingency Plan - ✔✔A document describing actions that the project team
can take if predetermined trigger conditions occur.
,Contingency Reserve - ✔✔Time or money allocated in the schedule or
cost baseline for known risks with active response strategies.
Control Account - ✔✔A management control point where scope, budget, actual
cost, and schedule are integrated and compared to earned value for
performance measurement
Corrective Action - ✔✔An intentional activity that realigns the performance of
the project work with the project management plan
Cost Baseline - ✔✔The approved version of work package cost estimates and
contingency reserve that can be changed using formal change control
procedures and is used as the basis for comparison to actual results
Cost Management Plan - ✔✔A component of a project or program management
plan that describes how costs will be planned, structured, and controlled. See also
project management plan.
,Cost Performance Index (CPI) - ✔✔A measure of the cost efficiency of
budgeted resources expressed as the ratio of earned value to actual cost.
Cost Variance (CV) - ✔✔The amount of budget deficit or surplus at a given
point in time, expressed as the difference between the earned value and the
actual cost.
Crashing - ✔✔A schedule compression technique used to shorten
the schedule duration for the least incremental cost by adding resources
Critical Chain Method - ✔✔A schedule method that allows the project team to
place buffers on any project schedule path to account for limited resources and
project uncertainties.
, Critical Path - ✔✔The sequence of activities that represents the longest
path through a project, which determines the shortest possible duration.
Critical Path Activity - ✔✔Any activity on the critical path in a project schedule.
Critical Path Method - ✔✔A method used to estimate the minimum
project duration and determine the amount of scheduling flexibility on the
logical network paths within the schedule model.
Data Date - ✔✔A point in time when the status of the project is recorded.
Decision Tree Analysis - ✔✔A diagramming and calculation technique for
evaluating the implications of a chain of multiple options in the presence of
uncertainty.
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