4.5.11 Glossary (Planning Poker - Product Breakdown Structure)

Focusing on estimation, lifecycle types, risk identification, and core PMBOK 7 terminology.

• Planning Poker: Consensus-based agile estimation technique. Practical Context: Engages the team in creating relative size estimates collaboratively.
• Predictive Life Cycle (Waterfall): Plans upfront, executes sequentially. Practical Context: Suitable for projects with stable requirements and low uncertainty.
• Pre-mortem: Risk identification technique done before work starts. Practical Context: Proactively imagines project failure to uncover risks.
• Principle: Fundamental norm guiding behavior (PMBOK 7). Practical Context: The underlying 'why' guiding good PM decisions.
• Prioritization techniques: Methods for ranking requirements or backlog items. Practical Context: Ensure focus on the most valuable work first.
• Probabilistic Estimate: Estimate given as a range with probabilities. Practical Context: Acknowledges uncertainty in estimates, especially for complex work.
• Problem Solving techniques: Structured approaches for identifying and resolving issues. Practical Context: Help teams move from problem identification to effective solutions.
• Product Breakdown Structure: Hierarchical decomposition of product components. Practical Context: Visualizes the components making up the final product.