PMP Exam Cram™ 2

Chapter 4. Project Planning—Core Processes

Terms you'll need to understand:

• Scope planning and definition

• Schedule development

• Cost estimating and budgeting

• Scope statement

• Work Breakdown Structure (WBS)

• Precedence Diagramming Method and Arrow Diagramming Method

• Chart of Accounts

• Milestones

• Activity list, definition, and sequencing

• Activity Duration Estimate

• Resource pool

• Scope, cost, and risk management plans

• Decomposition

• Project network diagram

• Resource requirements

• Reserve time

• Crashing

• Fast tracking

• Graphical Evaluation and Review Technique (GERT)

• Program Evaluation and Review Technique (PERT)

• Critical Path Method (CPM)

• Project Management Information System (PMIS)

• Duration compression

• Resource leveling

• Cost baseline

• Project plan

• Project schedule

• Work package

• WBS