Project Management Terminology

Communication Requirements Analysis. An analytical technique to determine the information needs of the project stakeholders through interviews, workshops, study of lessons learned from previous projects, etc.

Incremental Life Cycle. An adaptive project life cycle in which the deliverable is produced through a series of iterations that successively add functionality within a predetermined time frame. The deliverable contains the necessary and sufficient capability to be considered complete only after the final iteration.

Common Acronyms

RBS (english) : Risk Breakdown Structure

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 have just finished closeout on a project that has made use of resources from all over the company. There are three project sponsors and senior management wants you to proceed with a new project as soon as possible. In such circumstances, to whom should you communicate that the project is completed?
  1. Senior management.
  2. Functional managers.
  3. Project stakeholders.
  4. Sponsor and customer.
Answer & Explanation
Right answer
  1. Senior management.
  2. Functional managers.
  3. Project stakeholders.
  4. Sponsor and customer.

Explanation: All the project stakeholders must be informed on the status of the project.

See also PMBOK® Guide – Sixth Edition: Sec. 4.7.2.3.

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

Discover how you can accomplish your PMP in 6 months as a very busy person.

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