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16/05/2020 [Free PMP Resources] 47 PMP Easily Confused Terms w/w In-depth Explanation - Updated PMP, PMI-ACP &

CP & ITIL Exam Tips 2020

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ABOUT EDWARD

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16/05/2020 [Free PMP Resources] 47 PMP Easily Confused Terms w/w In-depth Explanation - Updated PMP, PMI-ACP & ITIL Exam Tips 2020

[Free PMP
Hi, my name is Edward Chung, PM
ACP®, ITIL® Foundation.

Resources] 47
Like most of us, I am a
working professional
pursuing career
PMP Easily advancements
through Certifications.
Confused Terms As I am having a full-time job
and a family with 3 kids, I need to pursue
w/w In-depth

HELP
professional certifications in the most effective
way (i.e. with the least amount of time). I share
Explanation my exam tips here in the hope of helping fellow
Certification aspirants!

If you have any queries, I am more than happy


BY EDWARD CHUNG, PMP, PMI-ACP, ITIL to help. Please review the certification FAQ
FOUNDATION · JANUARY 4, 2018 here OR leave your queries in the comment
section. I promise to attend to them asap.

Wish you certification success!

P.S. my PMP® / PMI-ACP® Certification status can


be verified here (last name: Chung, first name: Chi
 UPDATED for the new PMP® Wing).
Exam thru 2020. Happy
learning!
PMP CERTIFICATION EXAM
To many Aspirants, the PMP® Exam
[Free Download] PMP
is quite difficult. The fact that there
Certification Resource: PMP
are lots of “jargons” (terms with a ITTO Mind Map (PMBOK Guide
special meaning in the context of the 5th Edition)

PMBOK® Guide/project
[Free PMP Resources] 47 PMP
management) only makes it harder. Easily Confused Terms w/w In-
Even if you are a seasoned project  depth Explanation
manager, the terms found in the
PMBOK® Guide may be Greek to you Top Tips for Tackling PMP EVM
if you have never run projects based Questions (20+ Practice
Questions Included)
on the PMBOK® Guide framework.

During my study, I have identified a Updated PM PrepCast Coupon


list of “similar but different” terms Code / Discount Gift Certificate

that I often get confused. I 

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16/05/2020 [Free PMP Resources] 47 PMP Easily Confused Terms w/w In-depth Explanation - Updated PMP, PMI-ACP & ITIL Exam Tips 2020

deliberately tried to explain the [Updated] GreyCampus Offer


terms in my own language as well as Code 2020: up to 50% Off ITIL
adding some common, easy-to-  Foundation, PMP, PRINCE2
Online Courses
understand examples as illustrations
to further clarify the concepts. And I
found this study notes very useful ITIL V4 FOUNDATION EXAM
for me to understand and distinguish
[Updated] GreyCampus Offer
between the easily confused PMP®

HELP
Code 2020: up to 50% Off ITIL
terms. Below is the list I have Foundation, PMP, PRINCE2

compiled and the links to the study Online Courses

notes I have created previously. I


Firsthand Review: GreyCampus
was asked by one of my readers to online ITIL Foundation Course +
create this list as the individual Exam Fee
articles are quite difficult to find on
the website through browsing. Passing the ITIL Foundation
Certification Exam
I was very grateful to all the PMP®s
and project management specialist
who have helped me to clear my
PMP® Exam. So I share this exam SEARCH FOR CERTIFICATION TIPS
prep resources to fellow Aspirants
for free as my personal contribution  To search type and hit enter

to the project management field.

Disclaimer: While every effort has been made to

validate the accuracy of the contents of these

articles, the information contained herein is

provided for reference and may be subject to

errors, omissions, changes and deletions. Please

let me know if I have mistaken something so that

I will make amendments in no time. Thanks for

your input!

Article Highlights

Pairs of Easily Confused Terms

w to Make Best Use of the List

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16/05/2020 [Free PMP Resources] 47 PMP Easily Confused Terms w/w In-depth Explanation - Updated PMP, PMI-ACP & ITIL Exam Tips 2020

47 Pairs of Easily
Confused Terms
By understanding the differences
and similarities between these pairs
of terms, Aspirants will have a better
grasp of the knowledge of the

HELP
PMBOK® Guide and project
management:

Run Chart vs Control Chart


ROM vs Definitive Estimates
Analogous Estimating vs
Parametric Estimating
Project Risk Management: Avoid
vs Mitigate
Project Risk Management:
Enhance vs Exploit
Contingency Plan vs Fallback
Plan
Nominal Group Technique vs
Brainstorming
EEF vs OPA
Project vs Operation
Push vs Pull Communication
Qualitative vs Quantitative
Analysis
Develop vs Manage Project
Team
Change Control vs Configuration
Control
Project Expeditor vs Project
Coordinator
Project Requirements vs Project
Scope

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16/05/2020 [Free PMP Resources] 47 PMP Easily Confused Terms w/w In-depth Explanation - Updated PMP, PMI-ACP & ITIL Exam Tips 2020

Project Statement of Work vs


Project Charter
Project Statement of Work vs
Business Case
Create WBS vs Decomposition
RACI: Responsible vs
Accountable
RACI vs RAM

HELP
Project Calendar vs Resource
Calendar
Resource Leveling vs Resource
Smoothing
Functional vs Projectized vs
Matrix Organizations
Project Life Cycle vs Product Life
Cycle
Discrete Effort vs Apportioned
Effort vs Level of Effort
Project Team vs Project
Management Team
Contract Types
Project Quality vs Product
Quality
Free Float vs Total Float
Fallback vs Workaround
Cost Baseline vs Budget
Control Limit vs Specification
Limit
Crashing vs Fast Tracking
Common Cause vs Special Cause
Residual Risk vs Secondary Risk
Project Scope vs Product Scope
Cost of Conformance vs Cost of
Non-conformance
Work Package vs Activity
Critical Path Method vs Critical
Chain Method
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16/05/2020 [Free PMP Resources] 47 PMP Easily Confused Terms w/w In-depth Explanation - Updated PMP, PMI-ACP & ITIL Exam Tips 2020

Contingency Reserve vs
Management Reserve
Quality Control vs Quality
Assurance
Assumptions vs Constraints vs
Requirements
Corrective vs Preventive Actions
Statement of Work (SOW) vs

HELP
Project Scope Statement
Quality vs Grade
Accuracy vs Precision
Accepted Deliverable vs Verified
Deliverable

How to Make Best


Use of the List
For every pair of easily confused
terms above, there are some
background information on where
(the project management domains)
the terms are located with brief
definitions of each of them. Then a
project example will be used to
illustrate the concept more vividly
(most of the time the project to be
illustrated is the “preparation for the
PMP® Exam” — a project that is
very familiar to Aspirants :P). If
applicable, differentiation and
applicability of the terms in different
scenarios will be further expounded
in the subsequent sections.

During my exam preparation, after


looking at the pair, I would think for a

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16/05/2020 [Free PMP Resources] 47 PMP Easily Confused Terms w/w In-depth Explanation - Updated PMP, PMI-ACP & ITIL Exam Tips 2020

while the definitions of the terms


through the sample project. I did not
try to remember the definition word
by word or learn them by heart as
the PMP® Exam is not a test of your
memorization capability — you will
just need to understand the
differences between them. This

HELP
method helps me a lot by reducing
the time and stress on these easily
confused terms.

Even if you do not confuse between


the project management terms, this
list will also serve as a last minute
study notes to test your
understanding of the PMBOK®
Guide / project management
concepts. I sincerely hope that this
will be useful to you!

Wish you PMP® success!

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and Easy?
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sample questions)
47 Commonly Confused Terms with
detailed explanation

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