B -

Question 1

Backlog

Answer 1

An ordered list of work to be done

Question 2

Backlog Refinement

Answer 2

Progressive elaboration of the content in the backlog and (re)prioritization of it to identify the work that can be accomplished in an upcoming iteration

Question 3

Baseline

Answer 3

The approved version of a work product, used as a basis for comparison to actual results

Question 4

Basis of Estimates

Answer 4

Supporting documentation outlining the details used in establishing project estimates such as assumptions, constraints, level of detail, ranges, and confidence levels

Question 5

Benchmarking

Answer 5

The comparison of actual or planned products, processes, and practices to those of comparable organizations to identify best practices, generate ideas for improvement, and provide a basis for measuring performance

Question 6

Benefits Management Plan

Answer 6

The documented explanation defining the processes for creating, maximizing, and sustaining the benefits provided by a project or program

Question 7

Bid Documents

Answer 7

All documents used to solicit information, quotations, or proposals from prospective sellers

Question 8

Bidder Conference

Answer 8

The meetings with prospective sellers prior to the preparation of a bid or proposal to ensure all prospective vendors have a clear and common understanding of the procurement. Also known as contractor conferences, vendor conferences, or pre-bid conferences

Question 9

Blocker

Answer 9

An obstacle that prevents the team from achieving its objectives. Also known as an impediment

Question 10

Budget at Completion (BAC)

Answer 10

The sum of all budgets established for the work to be performed

Question 11

Burn Chart

Answer 11

A graphical representation of the work remaining in a timebox or the work completed toward the release of a product or project deliverable

Question 12

Business Case

Answer 12

A value proposition for a proposed project that may include financial and nonfinancial benefits

Question 13

Business Model Canvas

Answer 13

A one-page, visual summary that describes the value proposition, infrastructure, customers, and finances. These are often used in Lean Startup situations

Question 14

Business Value

Answer 14

The net quantifiable benefit derived from a business endeavor that may be tangible, intangible, or both