90+ Commonly Confused Concepts for PMP Certification
Recently I started a discussion in PMP Cert Online Study Group on the topic - Commonly Confused Concepts (for the PMP and CAPM Certification Exams). The topic resonated really well with forum members and within couple days, we had 75 items on the list. In this post, I’m sharing that list with you. The list is meant to serve as a “checklist” for PMP and CAPM aspirants.
If you are preparing for the PMP or CAPM exam, my humble advice to you is to make sure that you understand these concepts well, before you go for the exam.
Survey of most confusing concepts for PMP/CAPM
I realize that not every item on the list would be confusing to every one. Therefore, I have set up a survey for you to vote for the items that you find most confusing. The result of the survey would serve as a guideline for those preparing for the exam.
Many of the concepts have been explained on this blog previously and I’ve linked the items to the respective posts. Answers to many others can be found in the PMBOK Guide itself. Regarding the remaining items, I’ll address the ones which receive a significant number of votes. You can also expect to see many of these items on BrainBOK in the form of sample questions and flashcards.
Please take the quick survey below and let me know what topics you find most confusing. You can select only one item at a time, but feel free to submit the form multiple times if you have multiple topics that you find confusing.
List of Commonly Confused Concepts for PMP and CAPM
PMP Flashcards
All the items listed below, plus many more, are now covered in BrainBOK PMP Flashcards. BrainBOK can help you save weeks of preparation time, and make your preparation more enjoyable, efficient and effective.
Here’s the list of commonly confused concepts:
- Accepted Deliverable vs Validated Deliverable
- Accountability vs Responsibility
- Accuracy vs Precision
- Activity vs Work Package
- Administrative Closure vs Contract Closure
- Analogous Estimating vs Parametric Estimating
- Attribute Sampling vs Variable Sampling
- Audit vs Inspection
- Authority vs Power
- Budget vs Estimate
- Business Partner vs Seller
- Business Risk vs Insurable or Pure Risk
- Change Control vs Configuration Control
- Change Control vs Perform Integrated Change Control
- Close Phase vs Close Project
- Common Cause vs Special Cause
- Concurrent Engineering vs Fast Tracking
- Contingency Reserve vs Management Reserve
- Control Account vs Code of Account
- Control Account vs Planning Package
- Control Account vs Work Package
- Control Limit vs Specification Limit
- Control Scope vs Validate Scope
- Corrective Action vs Defect Repair
- Corrective Action vs Preventive Action
- Cost Baseline vs Cost Budget
- Cost Plus Fixed Fee (CPFF) vs Firm Fixed Price (FFP) Contract
- Cost Plus Incentive Fee (CPIF) vs Fixed Price Incentive Fee (FPIF) Contract
- Cost-Benefit Ratio vs Benefit-Cost Ratio
- Crashing vs Fast tracking
- Create Work Breakdown Structure (WBS) vs Decomposition
- Critical Path Method vs Critical Chain Method
- Direct Costs vs Indirect Costs
- Discrete Effort vs Apportioned Effort vs Level of Effort
- Distribute Information vs Report Performance
- Duration vs Effort
- Duration vs Elapsed Time: Elapsed time includes non-working days whereas duration does not include non-working days.
- Earned Value vs Planned Value
- Earned Value vs Actual Cost
- Earned Value Management (EVM) vs Expected Monetary Value (EMV)
- Enhance vs Exploit
- Enterprise Environmental Factors (EEFs) vs Organizational Process Assets (OPAs)
- Estimate at Completion (EAC) vs Estimate to Complete (ETC)
- Fallback Plan vs Workaround
- Forward Pass vs Backward Pass
- Free Float vs Total Float
- Functional Organization vs Projectized Organization
- Gold Plating vs Scope Creep
- Grade vs Quality
- Histogram vs Pareto Chart
- Known Unknown vs Unknown Unknown
- Lead vs Lag
- Logical Relationship vs Precedence Relationship
- Master Schedule vs Milestone Schedule
- Negative Risk or Threat vs Positive Risk or Opportunity
- Personal Power vs Positional Power
- Product vs Deliverable
- Product vs Result
- Product Scope vs Requirements
- Progressive Elaboration vs Rolling Wave Planning
- Project Buffer vs Feeding Buffer
- Project Calendar vs Resource Calendar
- Project Coordinator vs Project Expediter
- Project Life Cycle vs Product Life Cycle
- Project Management Plan vs Project Documents
- Project Management Process Group vs Knowledge Area
- Project Management Process Group vs Project Phase
- Project Performance Appraisal vs Team Performance Assessment
- Project Quality vs Product Quality
- Project Schedule vs Schedule Baseline
- Project Schedule vs Schedule Model
- Project Scope Statement vs Statement of Work
- Project Scope vs Product Scope
- Project Team vs Project Management Team
- Qualitative Risk Analysis vs Quantitative Risk Analysis
- Quality Assurance vs Quality Control
- Control Quality vs Validate Scope
- RACI vs RAM
- Residual Risk vs Secondary Risk
- Resource Leveling vs Resource Loading
- Resource Leveling vs Resource Smoothing
- Risk Threshold vs Risk Tolerance
- Role vs Responsibility
- Schedule Performance Index (SPI) vs Cost Performance Index (CPI)
- Stakeholder vs Shareholder
- Subproject vs Subnetwork
- Tool vs Technique
- Verification vs Validation
- Value Analysis vs System Analysis
- Work Performance Information vs Performance Reports
- Work Performance Information vs Work Performance Measurements
I hope I’ve not left you more confused than what you were before reading this post :) If you have other items that you would like to see on the list, post them in the comments section below.
Special thanks to everyone who contributed to this list. I could not have done it alone. It is an example of great teamwork. w
Image credit: Flickr / a God’s Child
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