WCC (NAWCCB) flashcards
WCC · Build recall with a focused review session.
34 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Critical Path
- The longest sequence of dependent tasks through a project network. Its duration sets the minimum project completion time, and any delay on it delays the whole project.
- Earned Value CPI
- Cost Performance Index equals Earned Value divided by Actual Cost. A value below 1.0 means the project is spending more than the work earned; above 1.0 means favorable cost performance.
- Program Versus Portfolio
- A program is a group of related projects managed together for coordinated benefits. A portfolio is the full collection of projects, programs, and operations aligned to organizational strategy.
- Stage Gate Review
- A governance checkpoint at the end of a project phase where deliverables and business case are assessed. The gate decision is typically go, kill, hold, or recycle before further funding.
- RACI Matrix
- A responsibility chart assigning Responsible (does the work), Accountable (owns the outcome, exactly one per activity), Consulted (two-way input), and Informed (one-way notification) for each activity.
- Risk Response Strategies
- For threats: avoid, transfer, mitigate, accept, escalate. For opportunities: exploit, share, enhance, accept, escalate. Selection depends on risk appetite and cost of response.
- Turnover Rate Formula
- Separations during the period divided by average headcount, multiplied by 100. Average headcount equals beginning plus ending headcount divided by two.
- Time to Fill
- Calendar days from requisition approval to candidate offer acceptance. It measures recruiting efficiency and excludes onboarding time, which is measured by time to start.
- Yield Ratio
- Candidates advancing to the next recruiting stage divided by candidates in the prior stage. Used to size sourcing volume needed to produce a required number of hires.
- Cost per Hire
- Total internal and external recruiting costs divided by the number of hires in the period. Includes advertising, agency fees, referrals, recruiter time, and assessment costs.
- Build-Buy-Borrow-Bot
- Workforce gap closure options: build internal skills through training, buy talent externally, borrow contractors, or automate work. Redeployment (bounce) moves employees to new roles.
- Job Analysis Outputs
- Job analysis produces the job description (tasks, duties, responsibilities) and the job specification (knowledge, skills, abilities). Both anchor selection criteria and hiring defensibility.
- Compa-Ratio
- Actual pay divided by the midpoint of the pay range. Values near 1.0 indicate pay at midpoint; below 0.80 suggests compression, above 1.20 suggests red-circling.
- Range Spread
- The pay range maximum minus minimum, divided by the minimum, times 100. It expresses how wide the grade's pay band is and supports progression between grades.
- FLSA Exemption Tests
- To be exempt, an employee must meet the salary basis test, the salary level threshold, and the duties test. Failing any one test requires overtime eligibility.
- Defined Contribution Plan
- A retirement plan such as a 401(k) where the employer contributes a defined amount and the employee bears investment risk. Benefits at retirement depend on account performance.
- Total Rewards
- The combined value of base pay, incentives, benefits, recognition, development, and work environment. Used to compare full employment cost rather than base salary alone.
- Pay Equity Regression
- A statistical analysis comparing pay for similarly situated employees while controlling for job, level, tenure, performance, and location. Unexplained gaps require remediation.
- Progressive Discipline
- A graduated response to performance or conduct issues: verbal warning, written warning, final warning or performance improvement plan, then termination. Consistency across similar cases is required.
- FMLA Eligibility
- Requires 12 months of employment, 1,250 hours worked in the prior 12 months, and a worksite with 50 or more employees within 75 miles. Provides 12 workweeks of unpaid leave.
- Protected Concerted Activity
- Section 7 of the NLRA protects employees, union and non-union, who act together about wages, hours, or working conditions. Policies that chill such discussion are unlawful.
- Interactive Process
- The individualized dialogue between employer and employee to identify reasonable accommodations for a disability. It is ongoing and documented, not a one-time decision.
- Just Cause Seven Tests
- Criteria for discipline: notice of rules, reasonable rule, investigation before discipline, fair investigation, proof of violation, consistent treatment, and penalty proportionate to the offense.
- Kirkpatrick Levels
- Four evaluation levels: Reaction (satisfaction), Learning (knowledge gain), Behavior (on-the-job application), and Results (business impact). Each level requires different measurement methods.
- Training ROI
- Monetary benefits minus training costs, divided by training costs, times 100. Benefits must be isolated from other influences using control groups or trend-line analysis.
- Needs Assessment Levels
- Three levels: organizational (where training is needed), task or operational (what must be taught), and individual or person (who needs it). Findings drive program design.
- 70-20-10 Model
- A learning design heuristic: roughly 70 percent experiential on-the-job learning, 20 percent social and coaching, and 10 percent formal coursework. Used to build blended programs.
- HR-to-Employee Ratio
- HR full-time equivalents divided by total employee full-time equivalents. A common benchmark is about one HR FTE per 100 employees, varying by industry and automation level.
- Absence Rate
- Total absence hours divided by average headcount times scheduled work hours, multiplied by 100. Planned and unplanned absence should be reported separately.
- Analytics Maturity Ladder
- Descriptive (what happened), diagnostic (why it happened), predictive (what will happen), and prescriptive (what to do). Each stage adds analytical sophistication and decision value.
- Cost of Vacancy
- Daily contribution margin lost while a role is unfilled, multiplied by days vacant, plus recruiting and overtime costs. Used to justify faster hiring and retention investment.
- Role-Based Access Control
- A security model granting system permissions by job role under least-privilege principles. Employees receive only the access their role requires, reducing data exposure.
- HRIS Single Source of Truth
- Employee master data is created once and propagated to connected systems. Duplicate entry across payroll, benefits, and talent systems causes reconciliation errors and audit findings.
- User Acceptance Testing
- Final testing where business users verify that the configured HR system supports real workflows and requirements before go-live. Defects found here are cheaper than post-launch fixes.