Key Terms

I've discussed the processes you'll use while measuring and evaluating project performance. You need to understand each of these processes to effectively evaluate progress, recognize variances from the plan, and make adjustments to keep the project on track. Know them by the names used in the PMBOKĀ® Guide so you'll recognize them on the exam.

Conduct Procurements Manage Stakeholder Expectations

Distribute Information Perform Quality Assurance

You learned a lot of new key words in this chapter as well. PMI has worked hard to develop and define terms that apply across industries. Here is a list of some of the terms you came across in this chapter:

advertising arbitration bidder conferences communication fait accompli independent estimates information distribution tools lessons learned process analysis procurement negotiations project presentations project records project reports qualified sellers lists quality audits screening systems seller rating systems should cost estimates

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.

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