Project Management Terminology

Constraint. A limiting factor that affects the execution of a project, program, portfolio, or process.

Start Date. A point in time associated with a schedule activity’s start, usually qualified by one of the following: actual, planned, estimated, scheduled, early, late, target, baseline, or current.

Common Acronyms

SS (english) : Start-to-Start

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
There are 5 main reasons of pressure vessels failures: cracks, human factor design errors, poor quality materials, and electrochemical erosion. Statistics shows that 400 out of 500 pressure vessels failures were due to fatigue cracks. What law declares that a relatively small number of causes will typically produce a large majority of the problems?
  1. Law of big numbers.
  2. Maslow’s diagram.
  3. Rule of seven.
  4. Pareto’s Law.
Answer & Explanation
Right answer
  1. Law of big numbers.
  2. Maslow’s diagram.
  3. Rule of seven.
  4. Pareto’s Law.

Explanation: According to Pareto’s Law a relatively small number of causes will typically produce a large majority of the problems or defects. This is commonly referred to as the 80/20 principle, where 80% of the problems are said to be due to 20% of the causes.

See also PMBOK® Guide – Sixth Edition: Sec. 8.3.2.5.

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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