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Tag: project management

Common causes of variances,”Variances that come about as a result of circumstances that are common to the process you’re performing and are easily controlled at the operational level. The three types of common cause variances are random, known or predictable

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Common causes of variances,”Variances that[…]

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Communications management plan,”Documents the types of information needs the stakeholders have, when the information should be distributed

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Communications management plan,”Documents the types[…]

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Control chart,”A graph of the variance of several samples of the same process over time based on a mean, an upper control limit

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Control chart,”A graph of the[…]

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Cost control,”A process that measures the project spending to date, determines whether changes have occurred to the cost baseline

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Cost control,”A process that measures[…]

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Earned value measurement,”(EVM) EVM is a tool and technique of the cost control process that compares what you’ve received or produced as of the measurement date to what you’ve spent. The three measurements needed to perform earned value measurement are planned value (PV), actual cost (AC)

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Earned value measurement,”(EVM) EVM is[…]

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Information distribution,”Providing stakeholders with information regarding the project in a timely manner via status reports, project meetings, review meetings, email

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Information distribution,”Providing stakeholders with information[…]

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Pareto diagram,”A quality control technique used to rank importance of a problem based on its frequency of occurrence over time. This diagram is based on the Pareto principle, more commonly referred to as the 80/20 rule

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Pareto diagram,”A quality control technique[…]

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Report performance,”This process is where the project manager gathers and documents the collection of baseline data for the project. Baseline data includes cost, schedule, scope

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Report performance,”This process is where[…]

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Schedule performance index,”(SPI) Measures the progress to date against the progress that was planned. The SPI indicator acts as an efficiency rating. If the result is greater than one, performance is better than expected, and you’re ahead of schedule. If it’s less than one, performance is less than expected

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Schedule performance index,”(SPI) Measures the[…]

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Change control board,”(CCB) A board responsible for reviewing and approving, denying, or delaying change requests. The change control board is usually made up of stakeholders, managers, project team members

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Change control board,”(CCB) A board[…]

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