Question: A project manager is preparing for a performance review that is due to take place next week.

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Project Management Terminology

Master Schedule. A summary-level project schedule that identifies the major deliverables and work breakdown structure components and key schedule milestones. See also milestone schedule.

Project Funding Requirements. Forecast project costs to be paid that are derived from the cost baseline for total or periodic requirements, including projected expenditures plus anticipated liabilities.

Common Acronyms

PDM (english) : Precedence Diagramming Method

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Question to a Project Management Professional

Question Select the best option
A project manager is preparing for a performance review that is due to take place next week. What will most likely be discussed at the meeting?
  1. Information needs of the stakeholders.
  2. Project archives.
  3. Results of variance analysis.
  4. Communications management plan.
Answer & Explanation
Right answer
  1. Information needs of the stakeholders.
  2. Project archives.
  3. Results of variance analysis.
  4. Communications management plan

Explanation : Performance reviews are typically used in conjunction with performance-reporting techniques such as variance analysis, trend analysis and earned value technique.

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