Project Management Terminology

Communication Technology. Specific tools, systems, computer programs, etc., used to transfer information among project stakeholders.

Monitoring and Controlling Process Group. Those processes required to track, review, and regulate the progress and performance of the project; identify any areas in which changes to the plan are required; and initiate the corresponding changes.

Common Acronyms

CV (english) : Cost Variance

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
During testing, the software has failed to produce the expected functionality. Analyzing the problem, the project manager discovers that a programmer has modified the computer code. The change has not been recorder and authorized. What helps the project manager to avoid such a situation?
  1. Project management information system.
  2. Change management plan.
  3. Status review meeting.
  4. Work breakdown structure.
Answer & Explanation
Right answer
    1. Project management information system.
    2. Change management.
    3. Status review meeting.
    4. Work breakdown structure.

Explanation : A Change Management Plan, documented in the project management plan, defines the procedures by which the project scope and product scope can be changed. The system includes the documentation, tracking systems, and approval levels necessary for authorizing changes.

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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