Easily confused terms of Waterfall Project Management Methodology


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Have you ever wondered what is the difference between Contingency plan and Fallback plan? Or Fallback vs Workaround?

This book can help you clarify concepts and confusing terms/definition around Waterfall Project Methodology.

It is a great addition to your preparation materials(CAPM/PMP). Easy to follow and concepts are clarified with example and test questions.

It includes
•Change Control vs Configuration Control
•Critical Path Method vs Critical Chain Method
•Analogous Estimating vs Parametric Estimating
•Discrete Effort vs Apportioned Effort vs Level of Effort
•Contingency Plan vs Fallback Plan
•Statement of Work (SOW) vs Project Scope Statement
•Assumptions vs Constraints vs Requirements
•Contingency Reserve vs Management Reserve
•Accepted Deliverable vs Verified Deliverable
•Quality vs Grade
•Corrective vs Preventive Actions
•Quality Control vs Quality Assurance
•Project Calendar vs Resource Calendar
•Free Float vs Total Float
•Cost Baseline vs Budget
•Crashing vs Fast Tracking
•Work Package vs Activity
•Cost of Quality: Cost of Conformance vs Cost of Non-Conformance
•Project Quality vs Product Quality
•Residual Risk vs Secondary Risk
•Push vs Pull communication
•Run Chart vs Control Chart
•ROM vs Definitive Estimate
•Project Coordinator vs Project Expeditor
•Fallback vs Workaround
•Project Scope vs Product Scope