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Project Management Test 2
Information Technology Project Management Chapters 5-8
34
Other
Post-Graduate
10/23/2012

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Term
analogy approach
Definition
creating a WBS by using a similar project's WBS as a starting point
Term
bottom-up approach
Definition
creating a WBS by having team members identify as many specific tasks related to the project as possible and then grouping them into higher level categories
Term
decomposition
Definition
subdividnig project deliverables into smaller pieces
Term
Joint Application Design (JAD)
Definition
using highly organized and intensive workshops to bring together project stakeholders - the sponsor, users, business analysts, programmers, and so on - to jointly define and design information systems.
Term
requirements management plan
Definition
a plan that describes how project requirements will be anlayzed, documented, and managed.
Term
requirements traceability matrix (RTM)
Definition
a table that lists requirements, various attrivutes of each requirement, and the status of the requirements to ensure that all requirements are addressed
Term
top-down approach
Definition
creating a WBS by starting with the largest items of the project and breaking them into their subordniate items
Term
work breakdown structure (WBS)
Definition
a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project
Term
work package
Definition
a task at the lowest level of the WBS
Term
activity-on-arrow (AOA)
Definition
a network diagramming technique in which activites are represented by arrows and connected at points called nodes to illustrate the sequence of activities
Term
backward pass
Definition
a project network diagramming technique that determines the late start and late finish dates for each activity in a similar fashion
Term
baseline dates
Definition
the planned schedle dates for activities in a tracking gantt chart
Term
crashing
Definition
a technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost
Term
feeding buffers
Definition
additional time added before tasks on the critical path that are preceded by non-critical-path tasks
Term
float
Definition
the amount of time a project activity may be delayed without delaying a succeeding activity or the project finish date; also called slack
Term
forward pass
Definition
a network diagramming technique that determines the early start and early finish dates for each activity
Term
node
Definition
the starting and ending point of an activity on an activity-on-arrow diagram
Term
parkinsons law
Definition
principle that work expands to fill the time allowed
Term
PERT weighted average
Definition
optimistic time + 4* most likely time + pessimistic time / 6
Term
Program Evaluation and Review Technique (PERT)
Definition
a project network analysis technique used to estimate project duration when there is a high degree of unvertainty with the individual activity duration estimates
Term
SMART criteria
Definition
Specific Measureable Assignable Realistic Time-Framed
Term
CV
Definition
EV-AC
Term
CPI
Definition
EV/AC
Term
SV
Definition
EV-PV
Term
SPI
Definition
EV/PV
Term
EAC
Definition
BAC/CPI
Term
baseline
Definition
the original project plan plus approved changes
Term
bottom-up estimates
Definition
estimating individual work items and summing them to get a project total
Term
earned value management (EVM)
Definition
project performance measurement that integrates scope, time, and cost data
Term
overrun
Definition
the additioanl percentage of dollar amount by which actual costs exceed estimates
Term
profit margin
Definition
the ratio between revenues and profits
Term
profits
Definition
revenues minus expenses
Term
sunk cost
Definition
money that has been spent in the past
Term
top-down estimates
Definition
cost estimating that uses the actual cost of a previous, similar project as the basis
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