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Initial snapshot of your schedule when you first save your project information to track progress and compare your updates
What is a baseline plan?
The 4th and final phase of the project life cycle where deliverables are finalized and documentation is signed off, approved and archived
What is the closing phase?
The one who defines the requirements of the project and often sets the parameters such as budget and deadlines
Who is the customer?
The 1st phase of the project management life cycle in which companies decide if the project is needed and how beneficial it will be for them
What is the initiating phase?
This tool visualizes the sequential and local relationship between tasks in a project setting
What is a network diagram?
The 3rd phase of the project life cycle, in which the project plan is executed and work tasks are carried out to produce project deliverables
What is the performing phase?
Phase of the project life cycle in which project plans are documented, deliverables and requirements are defined, and the project schedule is created
What is the planning phase?
A series of tasks that need to be completed in order to reach a specific outcome or objective
What is a project?
Document issued by project initiator or sponsor that formally authorizes the existence of a project and commits funds for it
What is a project charter?
The sequence of phases that a project goes through from its initiation to its closure
What is a project life cycle?
The application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters
What is project management?
A necessary asset whose main role is to help carry out a certain task or project
What is a resource?
An uncertain event or condition that, if it occurs, has a positive or negative effect on a project's objective
What is a risk?
A listing of a project's milestones, activities and deliverables, usually with intended start and finish dates
What is a schedule?
The common understanding among stakeholders about what goes into a project and which factors define its success
What is scope?
This visually defines manageable chunks of a project that a team can understand; its goal is to make a large project manageable
What is a work breakdown structure (WBS)?
Units of related tasks which are used to break projects up into smaller sections in a work breakdown structure
What is a work package?
This describes and desired results of a project, which often includes a tangible item
What is an objective?
Project funding announcement posted by an organization for which companies place bids
What is a request for proposal (or RFP)?
World's leading professional membership association for project management
What is the Project Management Institute (PMI)?
Document that indicates what needs to be done, which resources must be utilized, and when the project is due
What is the project schedule?
Tool used by project managers to estimate the total cost of a project
What is the budget?
Examples include the project charter, statement of work, contracts, activity list, change control register
What are project documents?