If you are on the pmp journey, pmbok pdf is a must have. For anyone involved in project, program, and portfolio management, the lexicon is an essential resource to foster understanding and consistent usage of terminology. Project management glossary terms usaid learning lab. Everything you need to know about project management terms is here in one list.
Free pmp resources pmp flashcard glossary a z updated. Blog glossary life after pmp nuances pmp application pmp confusing terms pmp exam pmp exam tricks pmp study aids pmp study plan pmp success stories pmp tips and tricks uncategorized vidhi the author, vidhi raj is an avid blogger and a travel buff who aspires to write multiple books for the winning plan series. Glossary of terms used by pmbok for pmp this is going to be a very important article because, we have summarized all the important terms that you would have learnt as part of preparing for the pmp certification. Glossary of standard project management terms geam. Project management definitions glossary from pmbok 5th.
A unit of work performed as part of an initiative or process. Understanding these terms and acronyms is an important. Level 1, awly building, 287293 durham st north, home protected. Part 2 becomes the standard for project management including an introduction and sections for each of the five process groups. Construction terminology cheat sheet planning assignable square footage asf usable square footage within a physical space measured from finished wall to finished wall. Lean a set of principles, concepts and techniques designed for the relentless pursuit of the elimination of waste. An addendum is generally issued by the owner to the. Pmp glossary of terms and definitions related to the project management professional body of knowledge acceptance this is a response to a risk event, generally made when the probability of the event andor its impact are small. Although some activities are critical in the dictionary sense without. An aerosol is a suspension of fine solid particles andor liquid droplets in a gas usually air. Lean six sigma the combination of lean and six sigma principles to identify and improve business processes.
Definitely, pmbok pdf is the most important resource for your pmp exam prep. Owned by the project management institute pmi the project management body of knowledge pmbok is a collection of processes and knowledge areas accepted as best practice within the project management discipline pmp. These terms are based on the concepts of the pmbok guide, sixth edition and the pmp exam objectives. Sort through the jargon with our glossary of project management terms and their definitions. Atlanta, ga this glossary of terms was created to assist those who desire to learn more about the construction industry. The ultimate resource for project management terminology. Project management has its own terminology and abbreviations, making your entry into the field pretty hard. For a comprehensive list of pmi marks, contact the pmi legal department. Which is that one key resource that you can rely on for pmp certification. Mar 26, 2018 important pmp terms and concepts covering section 1, 2 and 3 of the pmbok guide 6th edition project. A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities. Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are.
Feb 24, 2017 establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. Following is a list of common terms, definitions, and acronyms used within the project. The following glossary has been developed to help you succeed as a project manager by establishing standard definitions for commonlyused terms you will encounter in your. A business analysts glossary for project management. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever. Management body of knowledge, pmbok guide fifth edition, project management. In this video, you are going to learn the definitions of the common terminologies that you will see on your upcoming pmp or capm exam. This is to further the goal of creating a common language for project management. Steps can be superimposed onto horizontal swimlanes for the roles that perform the steps activity. Project management professional pmp is a globally recognised certification in.
Appendix x3 agile, iterative, adaptive, and hybrid project environments appendix x4 summary of key concepts for knowledge areas. This glossary was produced by comptia, the computing technology industry association. Authority the ability to get other people to act based on your decisions. Acceptance this is a response to a risk event, generally made when the probability of the event andor its impact are small. We hope you enjoy this compilation of construction management and consultingrelated terms, and. Study flashcards on project management definitions glossary from pmbok 5th edition at. Project management glossary of terms usaid learning lab. Terms appearing in coloured, bold, italic print designate the basic concepts of terminology work and are defined in the glossary section of the handbook see page 103.
The pmi lexicon of project management terms offers clear and concise definitions for nearly 200 of the professions frequently used terms. Part 3 includes appendices, glossary and the index. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Glossary of standard project management terms page i developed by comptia. The following definitions are provided for commonly used terms used by scheduling, estimating, projectconstruction management, and contract administration professionals, and construction claims experts involved with engineering and construction projects.
Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are accepted. Addendum addenda written information adding to, clarifying or modifying the bidding documents. The pmi lexicon of project management terms contains foundational terms used within professional project, program, and portfolio management. Addresses the risks by their priority, inserting resources and activities into the budget, schedule and project management plan as needed. The index gives access to useful definitions of more specific concepts located in the body of the handbook. To help you achieve this goal, were offering this authoritative reference guide, pulling together a complete list of project management terminology. Comptia serves the it industry as the worlds largest developer of vendor neutral it certification exams in field such as computer repair, networking, it security, radio frequency identification and project management.
Appendix a glossary of project management terms a activity an element of work performed during the course of a project. Glossary of project management terms and acronyms used by project. Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. Sorry for this obvious questions, many of you should be well aware of how to read the glossary definition of the pmp terms by moving the mouse cursor over. Project management has been increasing in visibility both inside and outside the executive office. These glossary terms and definitions are intended to be educational and may be different from the terms and definitions in your plan.
Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. This pmp exam glossary is actually an extremely important tool for aspirants to understand their exam readiness. May be synonymous with task but in some cases it may be a specific level in the wbs e. Section iii has 7 appendices and section iv is broken into glossary and index. Pmi permits and encourages the use of specific terms and definitions.
Acceptance the formal process of accepting delivery of a product or deliverable. Internet is full of learning material, free exam questions, simulation tests, itto formula sheets, project management templates and much more. These financial terms will help you to manage the budget, or when you are choosing a project. The glossary provides over 800 definitions from the apm body of knowledge 6th edition. The value of work performed expressed in terms of the approved budget. Project management glossary and project planning glossary. At examspm, we have a free course to teach you how you can get certified in the next 6 weeks.
Dec 17, 2019 financial terms in project management are important for a strong project management process. Pmp glossary of terms and definitions related to the project management professional body of knowledge. Moreover, some of the pmp certification exam questions are based on the definition of the key terms in pmbok pdf. So if you understand these financial terms, the chance of the projects success will increase significantly. Project management glossary of terms activity an element of project work that has an expected duration, and usually consumes cost and resources. Project management glossary of terms page 8 fall 2007 budget the approved estimate for the project or any work breakdown structure component or any schedule activity. From pmo to prince2, well give you the terminology and resources youll. Our smokefree products produce an aerosol that is not smoke, but have the nicotine and taste that can satisfy adult smokers.
Project management glossary contains a number of project management terms that will help the project team to standardize the projects startup process. List of useful project management acronyms and terminology critical path the longest path through the project. This electronic program serves as a warehouse for all controlled substance prescribing and dispensing in indiana. Every course has its own glossary, and hence project management is not an exemption. Lexicon of project management terms may not be reproduced in whole or in part nor may derivative works be created based on it including but not limited to translations, without the express written permission of pmi. Project management professional pmp a project management.
Activities generally cover one or more tasks from a work package. List of useful project management acronyms and terminology. Section i is a listing of basic project management terms. Glossary of project management terms and acronyms used by project managers and business professionals. Pmi publications welcomes corrections and comments on its books. Pmp is the worlds leading certification on project management. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these important terms into practice with your proejcts. Glossary 3 addition this is a type of project ending where the project evolves into an ongoing operation.
In the last sections of the pmbok guide, you will find a section devoted to pmbok guide glossary terms used in the body text of the pmbok guide and their definitions. Budget at completion bac the sum of all budget values established for the work to be performed on a project or a work breakdown structure component or a schedule activity. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. The definitive glossary of project management terms project management has its own terminology and abbreviations, making your entry into the field pretty hard. To help you achieve this goal, were offering this authoritative reference guide, pulling together a complete list of. Rmp this lexicon is the intellectual property of pmi and, as such, may only be used as permitted by pmi. In particular, when preparing for the pmp exam, be familiar with the terms in the glossary because they will be used in framing the exam questions. Jul 05, 2011 glossary of terms used by pmbok for pmp this is going to be a very important article because, we have summarized all the important terms that you would have learnt as part of preparing for the pmp certification. Authority is generally based on the perception that a person has been officially empowered to issue binding orders. Scheduling, estimating, projectconstruction management.
The pmi lexicon of project management terms offers clear and concise definitions for nearly 200 of the professions frequently used terms for anyone involved in project, program, and portfolio management, the lexicon is an essential resource to foster understanding and consistent usage of terminology. Section ii provides definitions for terms you will likely need as your project. Dec 06, 2018 pmp is the worlds leading certification on project management. Dec 19, 2019 you can understand the various terms used by the global project management community by referring to this section. The complete glossary of project management terms smartsheet. Examples in the text and in the glossary appear in coloured italic. This glossary is a guide to the most commonly used business analysis and project management terms. In this phase the design is finalized and used to build the deliverables.
The definitive glossary of project management terms. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these. A phase in the portfolio life cycle where the component projects and programmes are balanced in terms of risk, resource usage, cash flow and impact across the business. The pmbok guide glossary is a reference that should be used whenever there is confusion or uncertainty about the meaning of a term or acronym. An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques. The pmi lexicon of project management terms offers clear and concise definitions for nearly 200 of the profession s frequently used terms. Agileagile or agile development is a modern approach to software. Nov 02, 2015 everything you need to know about project management terms is here in one list. Administer procurements this process involves monitoring vendor performance and ensuring that all the requirements of the contract are met. The pmbok terms of project management processes and. Establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. Project management glossary s project management glossary provides definitions and information for many common and not so common terms used in the complex field of project. How to use interactive flashcard sorry for this obvious questions, many of you should be well aware of how to read the glossary definition of.
A comprehensive glossary of project management terms. Our definitions of the most common project management terms will prepare you for the next project meeting. Project management professional pmp is a globally recognised certi. The complete glossary of project management terminology by kate eby on feb 24, 2017. Project management glossary of terms glossary of terms. It is used when mitigation, transference, or avoidance are not selected. Construction management and leed glossary of terms compliments of zumbrunnen, inc. Key terms, definitions, and acronyms following is a list of common terms, definitions, and acronyms used within the project management industry. From pmo to prince2, well give you the terminology and resources youll need as a beginner in project management. A complete glossary of project management terms you should know. Even though you have a pmp question bank, going through the glossary is a starting point. Glossary of health coverage and medical terms this glossary has many commonly used terms, but isnt a full list. The process of developing options and actions to enhance opportunities and to reduce threats to project objectives knowledge area.
A comprehensive project management glossary project. Pmp certification study notes 1 terms and concepts. An activity normally has an expected duration, an expected cost, and expected resource requirements. At examspm, we have a free course to teach you how you can get certified in the. This glossary contains more than 600 terms and provides simple, clear explanations.