PMP Exam Prep – Definitions CORRECT 100%
Project Team - ANSWER A set of individuals who support the project manager in performing the work of
the project to achieve its objectives
Project team role: Project management staff members - ANSWER Perform activities such as budgeting,
scheduling, reporting and control, risk management, and project communications. This role may be
supported by a PMO.
Project team role: Project staff members - ANSWER who perform the work to create the project
deliverables
Project team role: Supporting experts - ANSWER who perform work to develop the project management
plan. These roles can include legal, logistics, engineering, testing, and so on
Project team role: Business partner members - ANSWER that support the business partnership
Stakeholder - ANSWER An individual, group, or organization that may affect, be affected by, or perceive
itself to be affected by a decision, activity, or outcome of a project, program, or portfolio
Stakeholder register - ANSWER A list of individuals or organizations who are actively involved in the
project, whose interests may be negatively or positively affected by the performance or completion of
the project and whose needs or expectations need to be considered
RACI chart - ANSWER A common type of Responsibility Assignment Register (RAM) that uses responsible,
accountable, consult, and inform statuses to define the involvement of stakeholders in project activities.
Resource Management Plan - ANSWER A component of the project management plan that describes
how project resources are acquired, allocated, monitored, and controlled
Team charter - ANSWER A document that enables a team to establish its values, agreements, and
practices as it performs its work together
, Ground rules - ANSWER Clearly set, written expectations regarding the code of conduct for the team
members. Ground rules include all actions that are considered acceptable and unacceptable in the
project management context. Ground rules are included in the project charter.
MoSCoW (MSCW) analysis - ANSWER Prioritization technique that categorizes features as must have,
should have, could have, and won't have (for now). Helps customers organize their thinking about what
are truly must-have capabilities, and enables identification of a Minimum Viable Product (MVP)
Resource calendars - ANSWER Identifies working days, shifts, and when specific resources are made
available to the project
Lessons learned register - ANSWER Records knowledge gained during a project so it can be used in the
present moment and also made into an artifact for later use
Project charter - ANSWER A document issued by the project initiator or sponsor that formally authorizes
the existence of a project and provides the project manager with the authority to apply organizational
resources to project activities
The project initiator or sponsor is a person who provides resources and support for the project and is
accountable for enabling the project's success. An effective project charter conveys why the project is
being initiated and what the project's outcomes will be, ensures that you have support for the project,
and gives you the authority to apply resources to project activities
Concensus - ANSWER Reaching consensus shows that the project operates in collaborative, shared
decision-making mode
Rolling wave planning - ANSWER Planning rarely happens all at once and at the beginning of a project
anymore. So-called 'rolling wave' planning enables you to begin work, even if terms and conditions are
uncertain and subject to change
Progressive elaboration - ANSWER The iterative process of increasing the level of detail in a project
management plan as greater amounts of information and more accurate estimates become available
, Types of life cycles - ANSWER A life cycle is a way of describing the nature and trajectory of a project
There are two major types: predictive and adaptive
Hybrid is exactly that, a blend of the two.
In adaptive life cycles, we use iterative, incremental or agile approaches
Predictive life cycle - ANSWER A form of project life cycle in which the scope of the project can be clearly
articulated, and the schedule and cost can be predicted
This is a preferred cycle to use when project outcomes are well understood and known, such as
enhancements to an established project
Predictive cycles are formal and enable the project team to stay focused on each phase of the project
before having to move forward into the next phase
Adaptive Life Cycles - ANSWER This type can be helpful in uncertain or undefined environments
Have a good understanding of what 'iterative' and 'incremental' mean
Hybrid life cycles - ANSWER A balance of the two life cycles is often necessary compromise. Teams can
combine predictive and adaptive approaches to adopt a hybrid method of working and to balance the
business' need for predictable outcomes along with a way of managing change effectively
Iterative life cycle - ANSWER The project scope is generally determined early in the project life cycle, but
the time and cost estimates are routinely modified as the project team's understanding of the product
increases
Product scope - ANSWER The statement of features and functions that characterize a product, service, or
result
