Workday's term for a sequence of connected business steps.
What is a business process?
Scope creep often occurs when stakeholders request additional features without following this formal process.
What is a change management process?
This document outlines how the project schedule will be managed throughout the project lifecycle.
What is the Schedule Management Plan?
This document, created during planning, outlines all potential risks identified for the project.
What is the risk register?
This process group is where most of the project's budget is spent.
What is the Executing process group?
This Workday module is used for managing employee data, including recruitment, payroll, and benefits.
What is Workday HCM (Human Capital Management)?
This knowledge area focuses on defining and managing work required to complete the project.
What is Project Management Scope?
A visual representation of project tasks, durations, and dependencies typically shown as bars across a horizontal timeline.
What is a Gantt Chart?
Without this level of organizational support, projects may lack focus and direction.
What is lack of executive sponsorship?
This is the process of predicting future project performance based on current project data and trends.
What is project forecasting?
This term refers to the process of ensuring that only authorized users can access specific Workday modules or features.
What is role-based security?
This group is affected by or can influence a project, positively or negatively.
What are Stakeholders?
This is the primary purpose of the schedule baseline.
What is to serve as a benchmark for performance management?
The strategy used to minimize the likelihood or impact of a risk.
What is risk mitigation?
These are funds allocated to a project that are only released when specific milestones or deliverables are successfully completed.
What are funds tied to deliverables?
This Workday feature allows payroll administrators to compare current payroll against prior periods to identify discrepancies or potential issues before finalizing payroll.
What is payroll compare?
This knowledge area involves identifying, analyzing, and managing risks.
What is Project Risk Management?
The critical path is determined by identifying tasks with this amount of flexibility.
What is zero float (or zero slack)?
Without adequate preparation for end-users, this can result in inefficient system use.
What is insufficient training?
This type of budget adjustment provides funds for unforeseen events and risks.
What is a contingency reserve?
Workday introduced this feature to help organizations better manage their financial planning and forecasting, integrating with their broader ERP system.
What is Workday Adaptive Planning?
This fixed-duration timebox is used to deliver a specific increment of work.
What is a sprint?
This technique compares planned progress to actual progress and identifies variances.
What is Schedule Performance Index (SPI)?
This risk arises when outdated or incorrect data is migrated into Workday, causing errors in reporting, payroll, and other critical business processes.
What is data quality risk?
This document is used to outline the financial expectations of a project and is often created before work begins to secure funding or approval.
What is the cost estimate?