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.
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?||
Answer & Explanation
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. 18.104.22.168.
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