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Acceptance criteria ✔Correct Answer-The requirements and essential conditions that have to
be achieved before a deliverable is accepted.
Activity ✔Correct Answer-(1) A task, job, operation or process consuming time and possibly
other resources.
(2) The smallest self-contained unit of work in a project.
Adoption ✔Correct Answer-The optional additional phase in a linear life cycle that facilitates
the use of project outputs to enable the acceptance and use of benefits.
Agile ✔Correct Answer-A family of development methodologies where requirements and
solutions are developed iteratively and incrementally throughout the life cycle.
Analogous estimating ✔Correct Answer-An estimating technique based on the comparison
with, and factoring from, the cost of similar, previous work. Also known as comparative
estimating.
Analytical estimating ✔Correct Answer-An estimating technique that uses detailed
specifications to estimate time and cost for each product or activity. Also known as bottom-up
estimating.
Assurance ✔Correct Answer-The process of providing confidence to stakeholders that
projects, programmes and portfolios will achieve their objectives for beneficial change.
Baseline ✔Correct Answer-The reference levels against which a project, programme or
portfolio is monitored and controlled.
Benefit ✔Correct Answer-A positive and measurable impact of change.
Benefits management ✔Correct Answer-The identification, definition, planning, tracking and
realisation of benefits.
Benefits realisation ✔Correct Answer-The practice of ensuring that benefits are derived from
outputs and outcomes.
, Bottom-up estimating ✔Correct Answer-An estimating technique that uses detailed
specifications to estimate time and cost for each product or activity. Also known as analytical
estimating.
Breakdown structure ✔Correct Answer-A hierarchical structure by which project elements are
decomposed. Examples include: cost breakdown structure (CBS), organisational breakdown
structure (OBS), product breakdown structure (PBS), and work breakdown structure (WBS).
Buffer ✔Correct Answer-A term used in critical chain for the centralised management of
schedule contingencies.
Business-as-usual ✔Correct Answer-An organisation's normal day-to-day operations. Also
referred to as steady-state.
Business case ✔Correct Answer-Provides justification for undertaking a project, programme
or portfolio. It evaluates the benefit, cost and risk of alternative options and provides a rationale
for the preferred solution.
Change control ✔Correct Answer-The process through which all requests to change the
approved baseline of a project, programme or portfolio are captured, evaluated and then
approved, rejected or deferred.
Change freeze ✔Correct Answer-A point after which no further changes to scope will be
considered.
Change management ✔Correct Answer-The overarching approach taken in an organisation to
move from the current to a future desirable state using a coordinated and structured approach
in collaboration with stakeholders.
Change register (or log) ✔Correct Answer-A record of all proposed changes to scope.
Change request ✔Correct Answer-A request to obtain formal approval for changes to the
approved baseline
Closure ✔Correct Answer-The formal end point of a project, programme or portfolio; either
because planned work has been completed or because it has been terminated early.
Communication ✔Correct Answer-The process of exchanging information and confirming
there is shared understanding.
Communities of practice ✔Correct Answer-are a type of learning network used within and
between organisations to maintain, develop and share knowledge.