Project Management Glossary Flashcards

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Flashcards for project management terms.

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18 Terms

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Role

A defined function to be performed by a project team member, such as testing, filing, or inspecting.

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Rolling Wave Planning

An iterative planning method where near-term work is planned in detail, and future work is planned at a higher level.

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Root Cause Analysis

An analytical method used to determine the basic underlying reason for a variance, defect, or risk.

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Scatter Diagram

A graph that shows the relationship between two variables.

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Schedule Baseline

The approved version of a schedule model that is used as the basis for comparison to actual results.

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Schedule Compression

A method used to shorten the schedule duration without reducing the project scope.

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Schedule Forecasts

Estimates or predictions of conditions and events in the project's future based on available information.

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Schedule Management Plan

A component of the project or program management plan that establishes the criteria and activities for developing, monitoring, and controlling the schedule.

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Schedule Model

A representation of the plan for executing the project's activities including durations, dependencies, and other planning information.

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Schedule Performance Index (SPI)

A measure of schedule efficiency expressed as the ratio of earned value to planned value.

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Schedule Variance (SV)

A measure of schedule performance expressed as the difference between the earned value and the planned value.

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Scope

The sum of the products, services, and results to be provided as a project.

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Scope Baseline

The approved version of a scope statement, work breakdown structure (WBS), and its associated WBS dictionary that can be changed using formal change control procedures.

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Scope Creep

The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources.

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Scope Management Plan

A component of the project or program management plan that describes how the scope will be defined, developed, monitored, controlled, and validated.

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S-Curve

A graph that displays cumulative costs over a specified period of time.

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Self-Organizing Team

A cross-functional team in which people assume leadership as needed to achieve the team's objectives.

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Sensitivity Analysis

An analysis method to determine which individual project risks or other sources of uncertainty have the most potential impact on project outcomes.