A pocket companion to PMI's PMBOK® Guide sixth Edition

Anton Zandhuis, Thomas Wuttke

• Publisher: Van Haren Publishing
• Year: 2019
• ISBN:
  9789401804707
• Edition: 1
• Topic: Education
• Subtopic: Education General

Note: This pocket book is available in the following languages: English, German, Dutch.This pocket guide is based on the PMBOK® Guide Sixth Edition. It contains a summary of the PMBOK® Guide, to provide a quick introduction as well as a structured overview of this framework for project management. This pocket guide deals with the key issues and themes within project management and the PMBOK® Guide as follows: - Key terms and definitions in the project management profession'- A short overview of the activities of PMI Inc., the organization and its standards: PMBOK® Guide, Standard for Project Portfolio Management, Standard for Program Management and other standards.- The essentials of the Project Lifecycle and Organization. - What are the key project management knowledge areas and processes? Main target Group for this pocket guide is anyone with an interest in understanding the PMBOK® Guide framework or a systematic approach for project management. The book is also very useful for members of a project management team in a project environment using the PMBOK® Guide as a shared reference. A complete but concise description of the PMBOK® Guide, for anyone involved in projects or project management.

Appendix A

Glossary

The Glossary in the PMBOK® Guide is based on the PMI Lexicon of Project Management Terms, which offers a standardized set of frequently used project, program and portfolio management terms with clear and concise definitions. For anyone involved in project management, the PMI Lexicon of Project Management Terms is an important resource to foster understanding and consistent usage of terminology. To reinforce this, PMI standards committees use this lexicon throughout all PM standards and publications. The PMI Lexicon can be purchased separately via the PMI bookstore. PMI members however have free access to this PMI Lexicon of Project Management Terms. Below you will find a brief extract of the terms used in this pocket companion.

Definitions

Please note that many of the words defined here have broader, and in some cases different, dictionary definitions.

The definitions use the following conventions:

• In some cases, a single glossary term consists of multiple words (e.g., risk response planning);

• When synonyms are included, no definition is given, and the reader is directed to the preferred term (i.e., see preferred term);

• Related terms that are not synonyms are cross-referenced at the end of the definition (i.e., see also related term).

Term	Explanation
Acceptance Criteria.	A set of conditions that is required to be met before deliverables are accepted.
Acquire Resources.	The process of obtaining team members, facilities, equipment, materials, supplies, and other resources necessary to complete project work.
Activity Duration.	The time in calendar units between the start and finish of a schedule activity. See also duration.
Actual Cost (AC).	The realized cost incurred for the work performed on an activity during a specific time period.
Adaptive Life Cycle.	A project life cycle that is iterative or incremental.
Assumption.	A factor in the planning process that is considered to be true, real, or certain, without proof or demonstration.
Authority.	The right to apply project resources, expend funds, make decisions, or give approvals.
Baseline.	The approved version of a work product that can be changed only through formal change control procedures and is used as a basis for comparison to actual results.
Benefits Management Plan.	The documented explanation defining the processes for creating, maximizing, and sustaining the benefits provided by a project or program.
Business Case.	A documented economic feasibility study used to establish validity of the benefits of a selected component lacking sufficient definition and that is used as a basis for the authorization of further project management activities.
Business Value.	The net quantifiable benefit derived from a business endeavor. The benefit may be tangible, intangible, or both.
Change.	A modification to any formally controlled deliverable, project management plan component, or project document.
Change Control.	A process whereby modifications to documents, deliverables, or baselines associated with the project are identified, documented, approved, or rejected.
Change Control Board (CCB).	A formally chartered group responsible for reviewing, evaluating, approving, delaying, or rejecting changes to the project, and for recording and communicating such decisions.
Change Management Plan.	A component of the project management plan that establishes the change control board, documents the extent of its authority, and describes how the change control system will be implemented.
Change Request.	A formal proposal to modify a document, deliverable, or baseline.
Claims Administration.	The process of processing, adjudicating, and communicating contract claims.
Close Project or Phase.	The process of finalizing all activities for the project, phase, or contract.
Closing Process Group.	The process(es) performed to formally complete or close a project, phase, or contract.
Collect Requirements.	The process of determining, documenting, and managing stakeholder needs and requirements to meet project objectives.
Commu...