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Exam1 - FC3 - The flashcards are formatted for printing...

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ISP Internet Service Provider
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i.e. ISP Company that gives an individual or organization access to the Internet.
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PMI Project Management Institute
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i.e. PMI The world’s foremost advocate for the project management profession (more than 200,000 members in over 150 countries).
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EVM Earned Value Management
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i.e. EVM Provides an objective measurement of how much work has been accomplished on a project.
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Project Plan EVM
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Includes a project plan, planned value, and earned value. Identifies work to be accomplished (i.e. dates).
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Earned Value (EV) Planned Value (PV)
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A valuation of planned work. Predefined “earning rules” that quantify the accomplishment of work.
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Project Management Project
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A temporary endeavor undertaken to produce a unique product or service; has a unique beginning and end. The application of knowledge, skills, tools, and techniques to project activities in order to meet or exceed stakeholders’ needs and expectations.
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Scope Time, Cost, Scope
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Tradeoffs among three constraints in the project triangle: Determined by the beginning and end of a project.
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Initiating 1.
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