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PMBOK Common Vocabulary & Verbiage Part 1

Across
______ life cycles are agile, iterative, or incremental. The detailed scope is defined and approved before the start of an iteration. Also referred to as agile or change-driven life cycles and a phase of the project life cycle
Framework in which portfolio, program, and project management are integrated with organizational enablers in order to achieve strategic objectives
Projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives
The _____ of one process generally results in either: 1. An input to another process 2. A deliverable of the project or project phase
Organization Project Management - portfolios, programs, and projects are aligned with or driven by organizational strategies
Knowledge and practices that are applicable to most projects with consensus to their value
Project Management Body of Knowledge
There are how many PM Knowledge Areas?
Project life cycles are independent of ______ life cycles, which may be produced in a project
A logical grouping of project management inputs, tools and techniques, an outputs, which include the following; Initiating, Planning, Executing, Monitoring and Controlling, and Closing. Not considered project phases
A document established by authority, custom, or general consent as a model or example
An outcome toward which work is to be directed, a strategic position to be attained, a purpose to be achieved, a result to be obtained, a product to be produced, or a service to be performed
The processes 'Develop Project Charter' or 'Close Project or Phase' are examples of processes used _____ or at predefined points in the project
The purpose of ____ is to ensure that the organization undertakes the right projects and allocates critical resources appropriately and ensures all levels in the organization understand the strategic vision, initiatives, objectives and deliverables
________ elements are present in some deliverables and activities, but do not change the unique characteristic of the project
Portfolio management focuses on doing the _____ programs and projects
The Code of Ethics and Professional Conduct includes both ________ and mandatory standards
There are how many PM Process Groups?
The desired result of the change driven by a project is described as the ______ _______
Down
A temporary endeavor undertaken to create a unique product, service, or result
The fundamental factors that leaders respond to in order to keep an organization viable 1. Regulatory, legal, or social requirements 2. Stakeholder requests or needs 3. Implement or change business or technological strategies 4. Create, improve, or fix products, processes, or services
Before a project begins, the organization is commonly referred to as being in the ______ _______
A collection of logically related project activities that culminates in the completion of one or more deliverables
General agreement that knowledge, skills, tools, and techniques applied to PM process enhance the chance of success
Project Management Institute
A _______ can be managed in three separate scenarios: as a stand-alone project (outside of a portfolio or program), within a program, or within a portfolio
A phase gate, is held at the end of a ______ and may include the following business documents: project business case, charter or management plan and/or benefits management plan
The net quantifiable benefit derived from a business endeavor
American National Standards Institute
Any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project
Is a basic framework that applies regardless of the specific project work involved
Development life cycles can be predictive, iterative, incremental, adaptive or a _____ model
In an _______ life cycle, the project scope is generally determined early in the project life cycle, but time and cost estimates are routinely modified as understanding of the product increases. Iterations develop the product through a series of repeated cycles, while increments successively add to the functionality of the product
A group of related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually