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36 Terms
1
Agile
An iterative approach to project management that emphasizes collaboration, customer feedback, and rapid adaptation to change.
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2
Best Practice
An optimal way recognized by industry to achieve a stated goal or objective.
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3
Cost
Meeting the budget for a project.
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4
Cost Estimates
An approximation of the cost of resources needed to complete project activities.
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5
Critical Chain Scheduling
A project management technique that adds buffers to critical path analysis to account for limited resources and project uncertainties.
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6
Critical Path Analysis
A project management technique that analyzes a network diagram to determine the longest possible path of activities, representing the minimum time needed to complete the project.
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7
Data Analysis
Techniques used to analyze project data, such as root cause analysis and trend analysis.
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8
Data Gathering
Techniques used to collect data and information related to a project, such as brainstorming, interviews, and surveys.
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9
Data Representation
Techniques used to visually represent project data, such as histograms, scatter plots, and Pareto charts.
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10
Earned Value Management
A technique for measuring project performance by comparing planned value of work with earned value and actual cost.
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11
Ethics
A set of principles that guide decision-making based on personal values of what is 'right' and 'wrong'.
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12
Full-Stack Software Development
Encompasses expertise in both front-end and back-end development of software applications.
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13
Gantt Chart
A standard format for displaying project schedule information by listing project activities and their corresponding start and finish dates.
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14
Metrics
A standard of measurement to assess project performance, such as customer satisfaction or return on investment.
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15
Network Diagrams
A schematic display of the logical relationships among project activities.
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16
Operations
Work done to sustain the business, as contrasted with projects, which are temporary endeavors.
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17
Organizational Project Management
A framework integrating portfolio, program, and project management with organizational enablers to achieve strategic objectives.
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18
Procurement
Acquiring goods and services from an outside source.
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19
Program
A group of related projects managed in a coordinated manner to obtain benefits and control not available from managing them individually.
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20
Program Manager
Provides leadership and direction for the project managers heading the projects within a program.
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21
Project
A temporary endeavor undertaken to create a unique product, service, or result.
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22
Project Charter
A document that formally authorizes a project or a phase and documents initial requirements that satisfy stakeholders' needs.
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23
Project Integration Management
Processes and activities to identify, define, combine, unify, and coordinate various processes and project management activities.
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24
Project Management
The application of knowledge, skills, tools, and techniques to project activities to meet project requirements.
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25
Project Management Office (PMO)
An organizational group responsible for coordinating the project management function throughout an organization.
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26
Project Management Professional (PMP®)
Someone with documented project experience, who has agreed to follow a code of ethics, and passed the PMP® exam.
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Project Portfolio Management
Organizations group and manage projects and programs as a portfolio of investments contributing to enterprise success.
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Project Sponsor
The person or group that provides direction and funding for the project.
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Project Stakeholders
People involved in or affected by project activities, including the project sponsor, project manager, project team, and others.
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Scope
Meeting the goals for what the project is intended to accomplish.
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Scope Statement
A detailed description of the project's deliverables and the work required to create those deliverables.
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32
Talent Triangle
A model that includes technical project management, strategic/business management, and leadership skills.
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Time
Meeting the deadline or schedule of a project.
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Triple Constraint
Meeting project scope, time, and cost goals.
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35
Waterfall
A sequential, phase-by-phase project management approach where each phase must be completed before the next one begins.
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Work Breakdown Structure (WBS)
A deliverable-oriented hierarchical decomposition of the work to be executed by the project team.
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