Exam Tips 3 – Key terms for PMP Exam

Given below are some of the key terms, definitions related to PMP Exam. Memorize well and follow the Exam Tips – 1.

360-Degree Review
Achievement Theory
Activity On Arrow (AOA)
Activity On Node (AON)
Addition
Affinity Diagrams
Analogous Estimating
Appeals
Appraisal Cost
Arbitration
Arrow Diagramming Method (ADM)
Assumptions
Avoid
Backward Pass
Bench Marking
Bidder Conference
Brain Storming
Cause-and-Effect Diagram
Change
Change Requests
Checklists
Claims
Code of Accounts
Compromise
Conflict
Confrontation
Constraints
Contingency Theory
Continuous Improvement
Corrective Action
Cost Of Quality
Cost Plus Fee
Cost Plus Fixed Fee
Cost Plus Incentive Fee
Cost Plus Percentage Of Cost
Cost Reimbursable Contracts
Crashing
Critical Chain Method (CCM)
Critical Path
Critical Path Method (CPM)
Decision Models
Decision Tree Analysis
Decomposition
Defect Repair
Delphi Technique
Design of Experiments
Discounted Cash Flow
Disputes
Enhance
Evaluation Criteria
Expectancy Theory
Expected Monetary Value Analysis (EMV)
Expert Judgment
Expert Power
Exploit
Extinction
Failure Cost
Fait Accompli
Fast Tracking
Feasibility Study
Finish-to-Finish (FF) Relationship
Finish-to-Start (FS) Relationship
Fishbone Diagram
Fitness for Use
Fixed Price Contracts
Fixed Price Plus Incentive Contracts
Float
Flowcharts
Force Field Analysis
Forcing
Forming
Forward Pass
Free Float
Functional Organization
Hard Dependency or Hard Logic
Hygiene Theory
Independent Estimate
Influence Diagram
Inspection
Integration
Internal Rate of Return (IRR)
Interviewing
Ishikawa Diagram
Issue
Issue Log
Iterative Process
Joseph M. Juran
Kaizen Approach
Kick Off Meeting
Lags
Lateral Thinking
Legitimate Power
Lessons Learned
Logical Relationship
Lump Sum Contract
Make-Or-Buy Analysis
Maslow’s Hierarchy of Needs
Mathematical Models
Matrix Diagram
Matrix Organization
Milestone
Mitigate
Modeling and Simulation
Monte Carlo Analysis
Motivational Theories
Net Present Value (NPV)
Nominal Group Technique
Norming
Opportunities
Organizational Breakdown Structure (OBS)
Parametric Estimating
Pareto Chart
Performing
Phlip B. Crosby
Portfolio
Preassignment
Precedence Diagramming Method (PDM)
Preferential Logic or Preferred Logic
Preliminary Scope Statement
Prevention
Prevention Cost
Preventive Action
Prioritization Matrices
Probability and Impact Matrix
Program
Program Evaluation and Review Technique (PERT)
Program Management
Progressive Elaboration
Project
Project Charter
Project Management Office
Project Schedule
Project Scope
Project Sponsor
Project Stakeholder
Project Status Report
Project Trend
Projectized Organization
Punishment Power
Qualitative Risk Analysis
Quantitative Risk Analysis
RACI Chart
Recognition and Rewards
Referent Power
Request for Proposal (RFP)
Request for Quotation (RFQ)
Residual Risk
Resource Breakdown Structure (RBS)
Resource Calendar
Resource Leveling
Responsibility Assignment Matrix (RAM)
Risk
Risk Breakdown Structure (RBS)
Risk Categories
Risk Identification
Risk Register
Risk Tolerance
Rolling Wave Planning
Run Chart
Scatter Diagram
Schedule Compression
Schedule Network Analysis
Scope
Scope Statement
Scope Verification
Scoring Model
Secondary Risk
Sensitivity Analysis
Share
Six Sigma
Slack Time
SMART Goals
Smoothing
Soft Logic
Start-to-Finish (SF) Relationship
Starvation
Statement of Work (SOW)
Statistical Sampling
Status Review Meeting
Storming
Successor Activities
SWOT Analysis
Theory – X
Theory – Y
Threat
Three Point Estimate
Time and Material Contract
Top-down Estimating
Tornado Diagram
Total Quality Management (TQM)
Transfer
Triggers
Virtual Team
W. Edwards Deming
Weighted Scoring Method
Withdrawal
Work Authorization System
Work Breakdown Structure (WBS)
Workaround
Zero Defects

Note: This is not a final list. Just use as key references.

-Posted by Dhana

More exam tips

Exam Tips 1 – Formulas & Definitions
Exam Tips 2 – Key Formulas for PMP Exam
Exam Tips 3 – Key terms for PMP Exam
Exam Tips 4 – Key approach to observe in PMP Exam
Exam Tips 5 – Situational Question in PMP Exam
Exam Tips 6 – Question Marking