The PMP® Certification Exam Study Guide

Appendix 2 - Glossary

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The PMP® Certification Exam Study Guide - Rosaldo de Jesus Nocêra

Cost-Plus-Incentive-Fee (CPIF) Contract





criteria.

Cost-ReimbursableContract



             

exceeds selected project objectives, such as schedule targets or total cost, then the seller receives from the

buyer an incentive or bonus payment.

Cost Variance (CV)





Crashing [Technique]





schedule duration compression for the least additional cost. Typical approaches for crashing a schedule

include reducing schedule activity durations and increasing the assignment of resources on schedule



Create WBS (Work Breakdown Structure) [Process]



Criteria



result, or process can be evaluated.

Critical Activity





critical path, this meaning is seldom used in the project context.

Critical Chain Method [Technique]



Critical Path



is the longest path through the project. See also critical path methodology.

CriticalPathMethodology(CPM) [Technique]









             

calculation. See also critical path.

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Data Date





Decision Tree Analysis [Technique]

e decision tree is a diagram that describes a decision under consideration and the implications of choosing





decisions, and uses expected monetary value analysis to help the organization identify the relative values of

alternate actions. See also expected monetary value analysis.

Decomposition [Technique]

             

            

providing the deliverables is dened in sucient detail to support Executing, Monitoring, and Controlling



Defect



or specications and needs to be either repaired or replaced.

Defect Repair



either repair the defect or completely replace the component.

Dene Activities [Process]

e process of identifying the specic actions to be performed to produce the project deliverables.

Dene Scope [Process]

e process of developing a detailed description of the project and product.

Deliverable [Output/Input]

   



product and

result.

Delphi Technique [Technique]





about the important project points related to the subject. e responses are summarized and are then





on the outcome.

Dependency

See logical relationship.

D

Appendix 2 - Glossary

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DetermineBudget [Process]

         

authorized cost baseline.

Develop Human Resource Plan [Process]



relationships, and creating a stang management plan.

Develop Project Charter [Process]

e process of developing a document that formally authorizes a project or a phase and documenting initial



DevelopProjectManagementPlan [Process]

e process of documenting the actions necessary to dene, prepare, integrate, and coordinate all subsidiary

plans.

Develop Project Team [Process]

e process of improving the competencies, team interaction, and the overall team environment to enhance

project performance.

Develop Schedule [Process]

e process of analyzing sequences, durations, resource requirements, and schedule constraints to create

the project schedule.

DirectandManageProjectExecution [Process]

               

objectives.

DistributeInformation [Process]



Duration (DU or DUR)

              



eort.

Early Finish Date (EF)





schedule constraints. Early nish dates can change as the project progresses and as changes are made to the

project management plan.

Early Start Date (ES)





schedule constraints. Early start dates can change as the project progresses and as changes are made to the

project management plan.

E

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Earned Value (EV)





(BCWP).

EarnedValueManagement(EVM)



    



Earned Value Technique (EVT) [Technique]

              

measurement baseline (PMB).

Eort



duration.

Enterprise Environmental Factors [Output/Input]



or inuence the project’s success. ese factors are from any or all of the enterprises involved in the project,

and include organizational culture and structure, infrastructure, existing resources, commercial databases,



Estimate [Output/Input]

        





budget and cost.

Estimate Activity Durations [Process]



estimated resources.

Estimate Activity Resources [Process]

e process of estimating the type and quantities of material, people, equipment, or supplies required to

perform each activity.

Estimate at Completion (EAC) [Output/Input]







estimate. See also earned value technique and estimate to complete.

Estimate Costs [Process]

e process of developing an approximation of the monetary resources needed to complete project activities.

Estimate to Complete (ETC) [Output/Input]

    

structure component, or the project. See also earned value technique and estimate at completion.