Project Management Terminology
Baseline. The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.
Identify Stakeholders. The process of identifying project stakeholders regularly and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success.
EVM (english) : Earned Value Management
If you are managing projects here are 6 good reasons to obtain your certification as Project Management Professional, PMP.
Discover how you can accomplish your PMP in 6 months as a very busy person.
Question to a Project Management Professional
|Question||Select the best option|
|You are hired to manage a large construction project for a hierarchical organization. The project involves significant procurement and is of great importance for your career. In such circumstances, what is the best thing you should do to develop the project charter?||
Answer & Explanation
Explanation : Organizational cultures have a direct influence on the project. Implementing a participative style may be difficult in a rigidly hierarchical organization.
See also PMBOK® Guide – Sixth Edition: Sec. 4.1
Why are more than 790.000 executives around the globe certified as PMP?
- Reason 1: Better opportunities for attractive positions
- Reason 2: Prospects of above average income
- Reason 3: Personal development
- Reason 4: Knowledge and ability up to date
- Reason 5: Competences in the international context
- Reason 6: Comprehensive operational capability