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.

Actual costs	Cost control	Estimating publications
Analogous estimating	Cost estimating	Parametric modeling
Bottom up estimating	Cost management plan	Planned value
Budget at completion	Cost Performance Index	Risk
Chart of accounts	Earned value	Top-down estimating
Cost baseline	Earned value management	Variance
Cost budgeting	Estimate at completion
Cost change control	Estimate to complete

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