PMP VALUE PACK|GRADED A|GUARANTEED SUCCESS

Change Control Board Group whose function is to review, approve or reject changes on the project as they relate to the various areas of the represented bussiness Change Control System Used to asses the impact and consequnces of requested changes on the project Contraints Factors tha...

A Guide to the Project Management Body of Knowledge (PMBOK) A PMI publication that defines widely accepted project management practices. The CAPM and PMP exam are based on this book. Application areas The areas of expertise, industry, or function where a project is centered. Examples of app...

Plan Schedule Management (Process 2) Project Schedule Management (KA) What are the Outputs of the 'Define Scope'? Process 4, Planning, Project Scope Management (KA) How many processes in Project Integration Management knowledge area? Seven What are the seven processes of th...

Develop Project Charter The process of developing a document to formally authorize a project or phase; outlines the project objectives and defines the authority of the PM Develop Project Management Plan The process of defining, preparing, and coordinating all plan components and consolidati...

________ is typically not referred to as a buffer type in critical chain project management. A. Resource buffer B. Free buffer C. Feeding buffer D. Project buffer B. Free buffer An accepted deadline for a project approaches. However, the project manager realizes only 75% percent of th...

Use the project scope statement to gain approval of the "final" scope from stakeholders before further planning is done. p Determine high-level requirements, constraints, assumptions, and risks. i Measure against the performance measurement baseline. mc Implement approved c...

80/20 rule A general guideline with many applications; in terms of controlling processes, it contends that a relatively large number of problems or defects, typically 80%, are commonly due to a relatively small number of causes, typically 20%. AB testing A marketing approach used to determi...

Manage vs Monitor Communications Manage = Execute; Monitor = Check actual How do you manage your resources? Resource Management Plan How do you keep your stakeholders engaged? Stakeholder Engagement Plan 1st thing to know before setting up a contract between a buyer & seller?...

What is the purpose of a work authorization system? To clarify and initiate the work of each work package This system automates, collects, and distributes project data and incorporates the configuration management system and change control system. PMIS In the critical chain method, w...

Project A temporary endeavor with a beginning and an end. It creates a unique product, service, or result. Stakeholders Any people or organizations whose interests may be positively or negatively impacted by the project. Predictive Relies on a planning process during which requir...