Passing the PMP® Exam: How to Take It and Pass It

Appendix B. Glossary

These are definitions that are not listed in the PMBOK. You should use the PMBOK for all other standard definitions.

Accounts Payable

Those accounts to which money is owed.

Accounts Receivable

Those accounts from which money is owed.

American National Standards Institute

The organization that sets engineering standards for America.

Closure

This is the project phase in which the organization or people who set up the requirements for the product of the project agree that the project team has delivered the product.

Deming

The first of the recognized experts in quality and considered by many to be the “Father of the Quality Movement” was Dr. H. Edwards Deming.

Department of Defense

The DoD was responsible in large part for formalizing project ...