Acronyms
This goal setting technique is used to define specific, measurable, achievable, relevant, and time-bound objectives
What is SMART (Specific, Measurable, Achievable, Relevant, Time-bound)?
Used to document and track potential risks and mitigation strategies
What is a risk register or RAID log?
The name of the framework that organizes work in time-boxed iterations
What is Scrum?
In Kanban, this technique is used to prevent overloading the team and improve workflow efficiency
What are Work In Progress (WIP) limits?
The certification awarded by the Project Management Institute (PMI) for experienced project managers
What is the Project Management Professional (PMP)?
Describes a list of product requirements that must be completed before a release
What is MVP (Minimum Viable Product)?
The project management methodology that follows a sequential, phase-based approach
What is Waterfall?
The term for a fixed-length work period, usually 1-4 weeks
What is a Sprint?
In Agile, this forum is used to review the sprint and identify improvements for the next iteration
What is a Retrospective?
PRINCE2 methodology commonly used in Europe is known by it's full name of what
What is Projects IN Controlled Environments?
A risk management technique used to evaluate and respond to potential threats in a project
What is SWOT (Strengths, Weaknesses, Opportunities, Threats)?
Generally speaking, anyone who is impacted by or involved in the project’s success is considered this
What is a stakeholder?
The prioritized list of work items in Scrum called this
What is the Product Backlog?
This project management approach focuses on minimizing waste and maximizing value
What is Lean Project Management?
This globally recognized credential emphasizes agile leadership, continuous delivery, and scaling agile frameworks across enterprises.
What is PMI-ACP (Agile Certified Practitioner)?
This governing body sets the best practices and industry standards for Project Management
What is PMI (Project Management Institute)?
The common name for uncontrolled changes or continuous growth in project scope
What is Scope Creep?
This methodology is designed for innovation and startup projects, focusing on rapid prototyping and user feedback
What is Design Thinking?
This Lean technique aims to continuously identify and remove inefficiencies in project workflows
What is Kaizen?
In risk management, the four common risk response strategies are these
What are Avoid, Mitigate, Transfer, Accept?
Currently on it's 7th edition, this textbook is the set of standards, terminology, and best practices for Project Management
What is the PMBOK (Project Management Book of Knowledge)?
The primary constraints in project management also known as the Iron Triangle
What are Time, Cost, and Scope?
This Agile framework is designed for large-scale enterprises and includes roles such as Release Train Engineer and Agile Coach
What is SAFe (Scaled Agile Framework)?
This Lean framework tool is used to visually represent process flow, identify bottlenecks, and eliminate waste.
What is a Value Stream Map?
This simulation is used when predicting project outcomes using probability analysis
What is the Monte Carlo simulation?