Project Management II Vocabulary

A documented economic feasibility study used to establish the 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.

• Project Management

• Conflict resolution

• Business case

• Deliverable

A decomposition technique that helps trace an undesirable effect back to its root cause

• Cause and effect diagram

• Deliverable

• Decision tree

• Business case

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.

• Problem solving

• Project

• Stakeholder

• Change management plan

Techniques used by project managers to identify differences among employees and team members and mitigate these issues

• Conflict resolution

• RAID analysis

• Schedule baseline

• Milestone

Involves defining action steps to be taken if an identified risk event should occur

• Cause and effect diagram

• Contingency plan

• Deliverable

• Planning package

A diagramming and calculation technique for evaluation of the implications of a chain of multiple options in the presence of uncertainty

• Descison

• Project

• Project Management

• Decision tree

Any unique and verifiable product, result, or capability to perform a service that is produced to complete a process, phase, or project

• Deliverable

• Contingency plan

• Organizational structure

• Problem solving

represent schedule information where activities are listed on the vertical axis, dates are shown on the horizontal axis, and activity durations are shown as horizontal bars placed according to start and finish dates.

• Planning package

• Time

• RACI Chart

• Gantt chart

A significant point or event in a project.

• Timeline

• Calendar

• Milestone

• Time

Organizational structures range from functional to project-oriented, with a variety of matrix structures in between

• Organizational structure

• Planning package

• Project

• Organizational