PMBOK Glossary Terms (7th Edition) Questions And Answers Graded A+ 2024.
Acceptance Criteria - correct answer. A set of conditions that is required to be met before deliverables are accepted.
Accuracy - correct answer. Within the quality management system, accuracy i...
Acceptance Criteria - correct answer. A set of conditions that is required to be met
before deliverables are accepted.
Accuracy - correct answer. Within the quality management system, accuracy is an
assessment of
correctness.
Activity List - correct answer. A documented tabulation of schedule activities that
shows the activity description, activity identifier, and a sufficiently detailed scope of work
description so project team members understand what work is to be performed.
Actual Cost (AC) - correct answer. The realized cost incurred for the work performed
on an activity during a specific time period.
Adaptive Approach - correct answer. A development approach in which the
requirements are subject to a high level of uncertainty and volatility and are likely to
change throughout the
project.
Affinity Diagram - correct answer. A diagram that shows large numbers of ideas
classified into groups for review and analysis.
Affinity Grouping - correct answer. The process of classifying items into similar
categories or collections on the basis of their likeness.
,Agile - correct answer. A term used to describe a mindset of values and principles
as set forth in the Agile Manifesto.
Alternatives Analysis - correct answer. A method used to evaluate identified options
in order to select the options or approaches to use to perform the work of the project.
Ambiguity - correct answer. A state of being unclear, having difficulty in identifying
the cause of events, or having multiple options from which to choose.
Analogous Estimating - correct answer. A method for estimating the duration or cost
of an activity or a project using historical data from a similar activity or project.
Artifact - correct answer. A template, document, output, or project deliverable.
Assumption - correct answer. A factor in the planning process that is considered to
be true, real, or certain, without proof or demonstration.
Assumption and Constraint Analysis - correct answer. An assessment that ensures
assumptions and
constraints are integrated into the project plans and documents, and that there is
consistency among them.
Assumption Log - correct answer. A project document used to record all
assumptions and constraints throughout the project.
Authority - correct answer. The right to apply project resources, expend funds, make
decisions, or give approvals.
Backlog - correct answer. An ordered list of work to be done.
Backlog Refinement - correct answer. Progressive elaboration of the content in the
backlog and (re)prioritization of it to identify the work that can be accomplished in an
upcoming iteration.
Baseline - correct answer. The approved version of a work product, used as a basis
for comparison to actual results.
Basis of Estimates - correct answer. Supporting documentation outlining the details
used in
establishing project estimates such as assumptions, constraints, level of detail, ranges,
and confidence levels.
Benchmarking - correct answer. The comparison of actual or planned products,
processes, and practices to those of comparable organizations to identify best
practices, generate
ideas for improvement, and provide a basis for measuring performance.
, Benefits Management Plan - correct answer. The documented explanation defining
the processes for
creating, maximizing, and sustaining the benefits provided by a project or program.
Bid Documents - correct answer. All documents used to solicit information,
quotations, or proposals from prospective sellers.
Bidder Conference - correct answer. The meetings with prospective sellers prior to
the preparation of a bid or proposal to ensure all prospective vendors have a clear and
common
understanding of the procurement. Also known as contractor conferences, vendor
conferences, or pre-bid conferences.
Blocker - correct answer. See impediment.
Budget - correct answer. The approved estimate for the project or any work
breakdown structure (WBS) component or any schedule activity.
Budget at Completion (BAC) - correct answer. The sum of all budgets established
for the work to be
performed.
Burn Chart - correct answer. A graphical representation of the work remaining in a
timebox or the work completed toward the release of a product or project deliverable.
Business Case - correct answer. A value proposition for a proposed project that may
include financial and nonfinancial benefits.
Business Model Canvas - correct answer. A one-page, visual summary that
describes the value
proposition, infrastructure, customers, and finances. These are often used in Lean
Startup situations.
Business Value - correct answer. The net quantifiable benefit derived from a
business endeavor that may be tangible, intangible, or both.
Cadence - correct answer. A rhythm of activities conducted throughout the project.
Cause-and-Effect Diagram - correct answer. A visual representation that helps trace
an undesirable
effect back to its root cause.
Change - correct answer. A modification to any formally controlled deliverable,
project management plan component, or project document.
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