Core project management vocabulary and process group concepts tested on the PMP exam.
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- What are the five process groups in PMBOK?
- Initiating, Planning, Executing, Monitoring and Controlling, Closing
- Define the Initiating process group.
- Processes performed to define a new project or a new phase of an existing project
- Define the Planning process group.
- Processes required to establish the scope, objectives, and course of action for the project
- Define the Executing process group.
- Processes performed to complete work defined in the project management plan to accomplish project objectives
- Define the Monitoring and Controlling process group.
- Processes required to track, review, and regulate the progress to meet performance objectives
- Define the Closing process group.
- Processes performed to finalize all activities and formally close the project or phase
- What does PMBOK stand for?
- Project Management Body of Knowledge
- Name the ten knowledge areas in PMBOK 6th edition.
- Integration, Scope, Schedule, Cost, Quality, Resource, Communications, Risk, Procurement, Stakeholder
- What is the Project Charter?
- A document issued by the project initiator that formally authorizes the project and gives the project manager authority
- What is the Project Management Plan?
- A comprehensive document that defines how the project will be executed, monitored, and closed
- Define scope creep.
- Uncontrolled expansion of project scope without corresponding time or cost adjustments
- What is the Project Scope Statement?
- A narrative description of the project scope, objectives, major deliverables, and project success criteria
- What is a Work Breakdown Structure (WBS)?
- A hierarchical decomposition of the total scope of work to be carried out by the project team
- Define the critical path.
- The longest sequence of dependent activities that determines the minimum project duration
- What is Schedule Performance Index (SPI)?
- EV (Earned Value) divided by PV (Planned Value), measuring schedule efficiency