Key Terms

In this chapter, you began to see just how important communication is to every successful project. You learned about planning what work needs to be done, how you will communicate during the project, and how you will judge whether the project is successful. The processes that follow allow you to accomplish those portions of project planning. Understand them well, and know each process by the name used in the PMBOKĀ® Guide:

Plan Quality

Develop Human Resource Plan Plan Procurements

Before you take the exam, also be certain you are familiar with the following terms:

appraisal costs benchmarking checklists continuous improvement cost of quality (COQ)

cost plus fee (CPF)

cost plus fixed fee (CPFF)

cost plus incentive fee (CPIF)

cost plus percentage of cost (CPCC)

cost-reimbursable contract design of experiments (DOE)

failure costs firm fixed-price contracts (FFP) fitness for use fixed-price plus incentive contract (FPIF)

fixed-price with economic price adjustment

Kaizen approach lump-sum contract make-or-buy analysis operational definition organization breakdown structure (OBS)

prevention process improvement plan procurement documents procurement management plan procurement statement of work (SOW)

quality baseline quality management plan quality metric

RACI chart regulation resource breakdown structure (RBS) responsibility assignment matrix (RAM) Six Sigma standard time and materials (T&M) contract Total Quality Management (TQM) zero defects

Project Management Made Easy

Project Management Made Easy

What you need to know aboutā€¦ Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

Get My Free Ebook

Post a comment