Project Management Terminology

Defect. An imperfection or deficiency in a project component where that component does not meet its requirements or specifications and needs to be either repaired or replaced.

Focus Groups. An elicitation technique that brings together prequalified stakeholders and subject matter experts to learn about their expectations and attitudes about a proposed product, service, or result.

Common Acronyms

CPIF (english) : Cost Plus Incentive Fee

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

In this list of inputs, tools & techniques and outputs of the process “Manage Team”, which one is the input?

  1. Project management information system.
  2. Change request.
  3. Organizational process assets.
  4. Project management plan updates.
Answer & Explanation
Right answer
    1. Project management information system.
    2. Change request.
    3. Organizational process assets.
    4. Project management plan updates.

Explanation : Process “Manage Team” has the following:

Inputs: project management pan, project documents, work performance reports, team performance assessments, enterprise environmental factors, organizational process assets.

Tools & techniques: interpersonal and team skills, project management information system.

Outputs: change requests, project management plan updates, project documents updates, enterprise environment factors updates.

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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