Common Terms which can turn Uncommon in the Exam

EEF- Enterprise Environmental Factors can be interpretted as "company culture and existing systems that the project will have to deal with or can make use of". They can be considered as constraints.

OPA- Organization Process Assets are an organizations existing processes, procedures, policies and historical information. These are considered valuable for future projects. They can act as guidelines.

WBS Dictionary- It contains the details of the individual work packages and control accounts. It contains information like Code of account identifier, Description of work, responsible organization, List of schedule milestones, Associated schedule activities, Resources required, Cost estimates, Quality requirements, Acceptance criteria, Technical references, and Contract information.

Baselines- The knowledge areas of scope, time and cost have baselines, which combine to create the performance management baseline for the project.

• Scope Baseline- It includes WBS, WBS Dictionary and the Project Scope Statement.
• Schedule Baseline- This is a version of the project schedule.
• Cost Baseline- It includes all budgets, but does NOT include management reserves.

Fallback Plan- It is a plan which is planned in advance incase the contigency plans do not work

Workaround Plan- It is a plan which is NOT planned in advance and is devised on the spur of the moment.

Configuration Management- This ensures that all the stakeholders are using the same version of all the project documents and plans. It is used for version control.

Hope you all find this information useful to crack a few exam questions. I will keep on updating my blog with useful information which exam aspirants often overlook and assume