Project Management Terminology

Work Performance Information. The performance data collected from controlling processes, analyzed in comparison with project management plan components, project documents, and other work performance information.

Tornado Diagram. A special type of bar chart used in sensitivity analysis for comparing the relative importance of the variables.

Common Acronyms

PMBOK (english) : Project Management Body of Knowledge

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 a project “total float” refers to:

  1. The range between the optimistic and pessimistic estimates.
  2. The amount of time an activity can be delayed without impacting the start date of its successors.
  3. The variance between what has been agreed in the baseline and the sum of change proposals.
  4. The amount of time an activity can be delayed without impacting the project end date.
Answer & Explanation
Right answer
    1. The range between the optimistic and pessimistic estimates.
    2. The amount of time an activity can be delayed without impacting the start date of its successors.
    3. The variance between what has been agreed in the baseline and the sum of change proposals.
    4. The amount of time an activity can be delayed without impacting the project end date.

Explanation : By default, “float” refers to the total float, which is the amount of time any particular activity can be delayed without pushing back the project end date.

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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