Project Management Terminology

Develop Team. The process of improving competences, team member interaction, and overall team environment to enhance project performance.

Plan Communications Management. The process of developing an appropriate approach and plan for project communication activities based on the information needs of each stakeholder or group, available organizational assets, and the needs of the project.

Common Acronyms

CPAF (english) : Cost Plus Award 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
This is your first project involving a wide range of stakeholders from diverse groups – local community, environmental pressure groups, local press etc. Which of the following would best help to assess and manage these stakeholders?
  1. Expert judgment.
  2. Enterprise environmental factors.
  3. Literature on the environmental impact of projects on the community.
  4. WBS decomposed to a high level of detail.
Answer & Explanation
Right answer
    1. Expert judgment.
    2. Enterprise environmental factors.
    3. Literature on the environmental impact of projects on the community.
    4. WBS decomposed to a high level of detail

Explanation : With such a wide and diverse range of stakeholders, the Project Manager will definitely need help and guidance from those who have expertise in each domain.

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.

>>> 4 to 6 months with individual telecoaching in German – English – French – Spanish>>>