PMP - Project Management Professional Certification Prep

The logical grouping of project management processes: 1. Initiating (defining a new project/phase), 2. Planning (establishing scope and objectives), 3. Executing (completing work defined in the plan), 4. Monitoring & Controlling (tracking and regulating progress), and 5. Closing (formally finalizing all activities).

Core operational areas of project management: Integration, Scope, Schedule, Cost, Quality, Resource, Communications, Risk, Procurement, and Stakeholder Management.

A document issued by the project initiator or sponsor that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities.

A hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables. The lowest level is the Work Package.

A core WBS principle stating that the WBS must include 100% of the work defined by the project scope and capture all deliverables (internal, external, and interim) in terms of work to be completed.

A schedule network analysis technique used to calculate the theoretical early start/finish and late start/finish dates for all activities. The Critical Path is the longest path through the network diagram and has zero total float.

Total Float: The amount of time an activity can be delayed without delaying the project completion date.
Free Float: The amount of time an activity can be delayed without delaying the early start date of any successor activity.