Project Management Terminology

Criteria. Standards, rules, or tests on which a judgment or decision can be based or by which a product, service, result, or process can be evaluated.

Gantt Chart. A bar chart of schedule information where activities are listed on the vertical axis, dates are shown on the horizontal axis, and activity durations are shown as horizontal bars placed according to start and finish dates.

Common Acronyms

IFB (english) : Invitation for Bid

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
Which list is the list of tools & techniques of the process “Control Procurements”?
  1. Expert judgment, change control tools, data analysis, decision making, meetings.
  2. Expert judgment, data analysis, decision making, meetings.
  3. Expert judgment, claims administration, data analysis, inspection, audits.
  4. Expert judgment, communication requirements analysis, communication technology, communication models, communication methods, interpersonal and team skills, data representation, meetings.
Answer & Explanation
Right answer
    1. Expert judgment, change control tools, data analysis, decision making, meetings.
    2. Expert judgment, data analysis, decision making, meetings.
    3. Expert judgment, claims administration, data analysis, inspection, audits.
    4. Expert judgment, communication requirements analysis, communication technology, communication models, communication methods, interpersonal and team skills, data representation, meetings.

Explanation : The list of tools & techniques of the process “Control Procurements” is: expert judgment, claims administration, data analysis inspection, audits.

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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