Advice for the Project Management Professional (PMP)

Licensed to:
resource leveling — A technique for resolving
resource conflicts by delaying tasks.
resource loading — The amount of individual
resources an existing schedule requires during
specific time periods.
responsibility assignment matrix (RAM) —A
matrix that maps the work of the project as
described in the WBS to the people responsible
for performing the work.
return on investment (ROI) — (Benefits minus
costs) divided by costs.
risk — An uncertainty that can have a negative
or positive effect on meeting project objectives.
risk events — The specific, uncertain events
that may occur to the detriment or enhancement
of the project.
risk register — A document that contains
results of various risk management processes,
often displayed in a table or spreadsheet
format.
root cause — The real or underlying reason a
problem occurs.
scatter diagram — A diagram that helps show
if there is a relationship between two variables.
scope baseline — The approved project scope
statement and its associated WBS and WBS
dictionary.
scope creep — The tendency for project scope
to continually increase.
scope management plan — A document that
includes descriptions of how the team will prepare
the project scope statement, create the
WBS, verify completion of the project deliverables,
and control requests for changes to the
project scope.
scope statement — A document used to
develop and confirm a common understanding
of the project scope.
scope verification — The formal acceptance of
the completed project scope by the customer
or designated stakeholders.
short list — A list of the top three to five suppliers
created to reduce the work involved in
selecting a source.
Six Sigma — A comprehensive and flexible
system for achieving, sustaining, and maximizing
business success; uniquely driven by close
understanding of customer needs, disciplined
use of facts, data, and statistical analysis, and
diligent attention to managing, improving, and
reinventing business processes.
slack or float — The amount of time an activity
may be delayed without delaying a succeeding
activity or the project finish date.
slipped milestone — A milestone activity that
was actually completed later than originally
planned.
smoothing mode — The conflict-handling
mode that de-emphasizes or avoids areas of
differences and emphasizes areas of agreement.
staffing management plan — A plan that
describes when and how people will be added
to and taken off of a project.
stakeholder analysis — A document that provides
information on key stakeholders to help
manage relationships with them.
stakeholders — The people involved in or
affected by project activities.
standard — A document that describes best
practices for what should be done to manage a
project.
status reports — The reports that describe
where the project stands at a specific point
in time.
strategic planning — The process of determining
long-term objectives by analyzing the
strengths and weaknesses of an organization,
studying opportunities and threats in the business
environment, predicting future trends,
and projecting the need for new products and
services.
SWOT analysis — Analyzing Strengths,
Weaknesses, Opportunities, and Threats.
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Glossary