PMP Project Management Professional Study Guide, Third Edition (Certification Press)
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- Indirect costs
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Costs attributed to the cost of doing business. Examples include utilities, office space, and other overhead costs.
- Influence diagram
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An influence diagram charts out a decision problem. It identifies all of the elements, variables, decisions, and objectives and how each factor may influence another.
- Initiating
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This process group begins the project. The business needs are identified, and a product description is created. The project charter is written, and the project manager is selected.
- Internal Rate of Return
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The IRR is a complex formula to calculate when the present value of the cash inflow equals the original investment.
- Interviewing
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Interviewing subject matter experts and project stakeholders is an approach to identify risks on the current project based on the interviewees' experience.
- Invitation for Bid
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A document from the buyer to the seller. Requests the seller to provide a price for the procured product or service.
- ISO 9000
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An international standard that helps organizations follow their own quality procedures. ISO 9000 is not a quality system, but a method of following procedures created by an organization.
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