PMP flashcards
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32 cards. Read the term and the definition here. The deck at the top of this page is optional.
- Tuckman team development stages
- Teams progress through forming, storming, norming, performing, and adjourning; a project manager should match leadership style to the current stage rather than assume performing from the start.
- Collaborating conflict resolution
- Also called problem solving; a win-win approach with high assertiveness and high cooperativeness that addresses root causes and is the most durable resolution when time and trust allow.
- Forcing conflict resolution
- A win-lose approach that satisfies one party only; appropriate for emergencies, safety issues, or when the issue is vital and the relationship is unimportant, but it damages trust if overused.
- Compromising conflict resolution
- Both parties give up something to reach a partial solution; useful when time is short or goals are equally important, but it can be a lose-lose outcome that leaves the root cause unresolved.
- Herzberg two-factor theory
- Hygiene factors such as pay and working conditions prevent dissatisfaction but do not motivate; motivators such as achievement, recognition, and growth create genuine satisfaction and engagement.
- Maslow hierarchy of needs
- Needs are ordered as physiological, safety, social, esteem, and self-actualization; lower needs are generally satisfied first, so a project manager addresses basic team needs before growth opportunities.
- Servant leadership
- The leader prioritizes the growth, wellbeing, and removal of impediments for the team, shifting authority to those doing the work and focusing on outcomes rather than command and control.
- Emotional intelligence domains
- Self-awareness, self-management, social awareness, and relationship management; high emotional intelligence lets a project manager read team dynamics and respond to conflict without escalating it.
- BATNA
- Best Alternative To a Negotiated Agreement; the walk-away option that defines your real bargaining power, so a project manager should identify it before entering any negotiation.
- Team charter
- A document created with the team that records ground rules, values, communication norms, decision-making methods, and conflict-handling expectations; it is revisited when team composition or behavior changes.
- Colocation
- Placing team members in the same physical space, often a war room, to improve communication and team identity; a virtual equivalent uses shared workspaces and frequent video interaction.
- Critical path
- The longest path through the network diagram; it determines the shortest possible project duration and has zero or the least total float, so any delay on it delays the project.
- Total float formula
- Float equals late start minus early start, or late finish minus early finish; it is the amount of time an activity can slip without delaying the project finish date.
- Cost performance index
- CPI equals earned value divided by actual cost; above 1.0 means the project is under budget for work performed, below 1.0 means over budget, and it drives forecast-to-complete calculations.
- Schedule performance index
- SPI equals earned value divided by planned value; above 1.0 indicates more work completed than planned, below 1.0 indicates behind schedule, and near project end SPI converges toward 1.0.
- EAC with typical variance
- Forecast estimate at completion when current cost performance is expected to continue: EAC equals budget at completion divided by CPI; used when variances are systemic rather than one-time events.
- EAC with atypical variance
- Forecast used when variances are one-time and expected to stop: EAC equals actual cost plus budget at completion minus earned value; remaining work proceeds at the original planned rate.
- Expected monetary value
- EMV equals probability multiplied by impact; used in quantitative risk analysis to rank risks and size contingency reserve as the sum of EMV, with positive values representing opportunities.
- Cost of quality
- Total cost of conformance (prevention and appraisal) plus cost of nonconformance (internal and external failure); investing in prevention usually lowers total cost by reducing rework and warranty claims.
- Rule of seven
- On a control chart, seven consecutive points on one side of the mean signal a non-random process shift requiring investigation, even though no point exceeds the control limits.
- Scope baseline
- Composed of the approved scope statement, the work breakdown structure, and the WBS dictionary; changes to any of these three components require formal integrated change control.
- Rolling wave planning
- Progressive elaboration in which near-term work is planned in detail while later work is planned at a higher level and refined as more information becomes available; typical of adaptive and hybrid life cycles.
- Kanban work-in-progress limit
- A cap on the number of items allowed in a workflow stage; it exposes bottlenecks, reduces multitasking and cycle time, and pulls new work only when capacity frees up.
- Definition of Done
- A shared checklist of criteria an increment must meet before it is considered complete, such as tested code and documentation; it prevents partial work from being counted in velocity.
- Contingency reserve
- Budget or time set aside for identified risks with known probabilities, held by the project manager and included in the cost baseline; management reserve covers unidentified risks and sits above the baseline.
- Benefits management plan
- Defines how and when project benefits will be realized, measured, and sustained after handover; the project manager delivers outputs while the sponsor and business owner own benefit realization.
- Business case
- A document justifying the investment by comparing expected benefits, costs, and risks against alternatives; it links the project to strategic objectives and is a primary input to the project charter.
- PESTLE analysis
- A scan of political, economic, social, technological, legal, and environmental factors that can affect the project; it assesses the external business environment and feeds the risk register.
- Compliance requirements
- Mandatory obligations from laws, regulations, contracts, and organizational policies such as health and safety, data privacy, and financial reporting; non-compliance is a project risk needing an owner and audit trail.
- Risk appetite versus threshold
- Appetite is the degree of uncertainty an organization is willing to accept in pursuit of value; threshold is the measurable limit beyond which the risk must be escalated or treated.
- Project governance
- The framework of decision rights, escalation paths, phase gates, and reporting that keeps a project aligned with organizational strategy; it defines who approves baselines, changes, and exceptions.
- Organizational change management
- Structured activities that prepare, equip, and support people to adopt the change a project delivers; benefits only materialize when users actually transition to the new process or system.