Project Management Terminology
Change Control Tools. Manual or automated tools to assist with change and/or configuration management. At a minimum, the tools should support the activities of the CCB.
Time and Material Contract (T&M). A type of contract that is a hybrid contractual arrangement containing aspects of both cost-reimbursable and fixed-price contracts.
Common Acronyms
VAC (english) : Variance at Completion
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 |
An auditor of your project wants to review a formal document that guides the project execution and project control. What will he ask you for? |
|
Answer & Explanation
Right answer |
|
Explanation : The project management plan defines how the project executed, monitored and controlled, and closed. See also PMBOK® Guide – Sixth Edition: Sec. 4.2.3.1. |