Key Terms

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If you're serious about passing the PMP exams, memorize these terms and their definitions. For maximum value, create your own flashcards based on these definitions and review daily. You can find additional information on these terms in the project glossary.

acceptance	mitigation	secondary risks
avoidance	qualitative risk analysis	sensitivity analysis
brainstorming	quantitative risk analysis	simulation
cause-and-effect diagrams	residual risks	system or process flowcharts
contingency reserve	risk	transference
decision tree analysis	risk categories	triggers
Delphi Technique, the	risk database	utility function
Ex$V	risk management plan	workarounds
influence diagram	risk owners
interviewing	scales of probability
and impact

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