Project Management: Definitions and explanations page 8 PDF Book

Learn project management terms with definitions and explanations, PMP terminologies (Page 8) for MBA degree programs.


  1. What is Reward Power?
    Out of all the authorities granted to the project manager, the major one is to command ...
  2. What is Risk Acceptance?
    Threats faced by an organization can be identified through swot analysis. not only organizations face threats ...
  3. What is Risk Analysis?
    Every project has some uncertainty. it is important for the project team to identify and assess ...
  4. What is Risk Assessment Matrix?
    Risk assessment matrix is a tool used to identify potential risks and their impacts on a ...
  5. What is Risk Assessment?
    Every project has some uncertainty. it is important for the project team to identify and assess ...
  6. What is Risk Avoidance?
    Using swot analysis, threats can be identified. the threats have a negative effect on the organization ...
  7. What is Risk Breakdown Structure?
    Different types of risks are involved in a project. these risks must be identified in early ...
  8. What is Risk Data Quality Assessment?
    The information regarding potential risks must be assessed to check if it is accurate or not. ...
  9. What is Risk Handling?
    Risks and uncertainties occur during projects which are to be identified, assessed, analyzed and handled carefully. ...
  10. What is Risk Identification?
    Risk identification involves identifying potential risks to the project and determining their impact and consequences on ...
  11. What is Risk Management?
    Risk management is a crucial part of project management. it involves all the steps related to ...
  12. What is Risk Mitigation?
    Different strategies can be used to deal with the threats to an organization or a project. ...
  13. What is Risk Monitoring?
    Uncertainty is a part of every project. the project team is responsible to identify and assess ...
  14. What is Risk Probability and Impact Assessment?
    Risk probability and impact assessment can be divided into two parts; risk probability assessment and risk ...
  15. What is Risk Register?
    The project related risks must be identified. the identified potential risks for a project are listed ...
  16. What is Risk Report?
    A risk report is a detailed document that includes the summary of the identified risks along ...
  17. What is Risk Response Implementation?
    When potential project risks are identified and their probability of occurrence and impact on the project ...
  18. What is Risk Response Planning?
    A risk response planning process involves preparing a plan which will be implemented in response to ...
  19. What is Risk Review?
    Risk montioring is an important part of risk management. even though, a project team becomes successful ...
  20. What is Risk Transfer?
    Swot analysis involves identifying strengths, weaknesses, opportunities and threats. the threats section of swot analysis identifies ...
  21. What is Risk Workshop?
    While analyzing risks, a special type of meeting can be conducted which is called risk workshop. ...
  22. What is Risk?
    Every project has some uncertainty. there is always a chance that an unfortunate event might happen ...
  23. What is Robust Design?
    It is must that a project contains risks. these risks must be identified and monitored in ...
  24. What is Rolling Wave Planning?
    Planning the project is the most important step in the life cycle of a project. planning ...
  25. What is Root Cause Analysis?
    Different issues and problems arise during a project. problems can be related to quality defect, deflection ...
  26. What is Salience Model?
    In the process of identifying key stakeholders of a project, the data regarding them must be ...
  27. What is Scatter Diagram?
    A scatter diagram is a graphical representation that shows the relationship between the variables. usually two ...
  28. What is Schedule Baseline?
    Customer's requirements are to be fulfilled to carry out a successful project. while performing a project, ...
  29. What is Schedule Compression?
    Sometimes, the developed project schedules must be changed in order to cope up with any uncertain ...
  30. What is Schedule Control?
    The tracking and reviewing of the performance of a project is important in order to compare ...
  31. What is Schedule Data?
    The development, management and control of schedule requires some important information or data which is called ...
  32. What is Schedule Forecast?
    Sometimes, an estimate is made in the schedule of the project based on the past experience ...
  33. What is Schedule Management?
    Just as important it is to plan the project schedule, it is also important to implement, ...
  34. What is Schedule Performance Index?
    It is important to monitor if the actual work performed is according to the plan/schedule. the ...
  35. What is Schedule?
    When a plan for a project is developed, a schedule must be made to carry out ...
  36. What is Scope Baseline?
    Before starting the project, the scope of the project must be defined. a document that can ...
  37. What is Scope Control?
    A group of processes that fulfills the need of tracking the actual performance of the project ...
  38. What is Scope Management Plan?
    Before starting a project, the scope of the project is defined. scope includes agreed deliverables, objectives ...
  39. What is Scope Statement?
    In the planning phase of the project, the most important thing is to define the project ...
  40. What is Seller Performance Evaluation Documentation?
    Even if the seller proposal confirms that the seller is capable of performing the required work, ...
  41. What is Seller Proposal?
    A buyer identifies the need for procurement and requests the potential sellers and vendors to respond. ...
  42. What is Sensitivity Analysis?
    There are several tools and techniques to perform quantitative risk analysis. one of them is sensitivity ...
  43. What is Sequencing Activities?
    After the activities associated with the project are defined, their sequence must be established. the process ...
  44. What is Servant leadership?
    A project manager is the leader of the project team.a project team members look up to ...
  45. What is Sharing?
    Swot analysis is a tool used to identify strengths, weaknesses, opportunities and threats. an organization can ...
  46. What is Simulation?
    While scheduling the project, different data analysis techniques can be used. one of the technique is ...
  47. What is Solicitation Cycle?
    After the requirements are identified, the needed products, services, supplies or items must be acquired. there ...
  48. What is Source Selection Criteria?
    When the needs of procurement are identified, the suitable sources must be selected. first, the needs ...
  49. What is Special Project?
    Based on the size, complexity and involved people, projects can be categorized into four classes. one ...
  50. What is Staff Project?
    An endeavor that is subjected to limited time, cost and budget is called a project. there ...
  51. What is Staffing?
    A project manager is responsible to communicate with, motivate and encourage the team members to carry ...
  52. What is Stakeholder Analysis?
    In the process of stakeholders' identification, data and information regarding them must be collected. this data ...
  53. What is Stakeholder Cube?
    The decisions about stakeholders' engagement and involvement and their influence on the project can be made ...
  54. What is Stakeholder Engagement Planning?
    The major aim of identifying project stakeholders at an early stage of the project is to ...
  55. What is Stakeholder Management?
    Stakeholder is a person, an organization or a group of people or organizations that is involved ...
  56. What is Stakeholder Mapping and Representation?
    Key project stakeholders must be identified by the project team. for this identification, data regarding them ...
  57. What is Stakeholder Register?
    Documentation in project management is very important. when all the stakeholders are identified, the information regarding ...
  58. What is Stakeholders Engagement Assessment Matrix?
    Stakeholder is a person, an organization or a group of people or organizations that is involved ...
  59. What is Stakeholders Engagement Plan?
    Stakeholder is a person, an organization or a group of people or organizations that is involved ...
  60. What is Standard?
    A standard is defined as a level for achievement. it is a generally accepted measure or ...