Glossary
of project management terms
A
- AC
- Acceptance
- Acceptance Test
- Accounts Payable
- Accounts Receivable
- Accrual
- Accrued Costs
- Accrued Expense
- Accrued Revenue
- Acquire Project Team
- Action Owner
- Activity
- Activity Attributes
- Activity Code
- Activity Duration
- Activity Identifier
- Activity List
- Activity Network
- Activity Status
- Actual Cost
- Actual Cost of Work Performed
- Actual Dates
- Actual Duration
- Actual Expenditures
- Actual Finish
- Actual Start
- Actual Time expended
- ACWP
- Administer Procurements
- Agile project management
- Analogous Estimating
- Application Area
- Approved Change Request
- Associated Revenue
- Assumptions
- Assumptions Analysis
- Audit
- Authorisation
- Authority
B
- BAC
- Backward Pass
- Base Cost
- Base Cost Rate
- Baseline
- Baseline Costs
- Baseline Dates
- Baseline Plan
- Baseline Schedule
- BCWP
- BCWS
- Benefits
- Benefits Realisation
- Best Practice
- Bottom-up Estimating
- Brainstorming
- Budget
- Budget at Completion
- Budget Cost
- Budget Element
- Budget Estimate
- Budgeted Cost of Work Performed
- Budgeted Cost of Work Scheduled
- Budgeting
- Buffer
- Business Case
- Buyer
C
- Calendar
- Calendar Unit
- Capital employed
- Cash Flow
- Cash Flow Budget
- Cash Flow Forecast
- CCB
- Change
- Change Authority
- Change Budget
- Change Control
- Change Control Board
- Change Control System
- Change Freeze
- Change Log
- Change Management
- Change Request
- Charter
- Check Point
- Check Point Report
- Claim
- Classic Methods
- Client
- Close Phase
- Close Procurements
- Close Project
- Closing Processes
- Co-location
- Code of Accounts
- Collect Requirements
- Commitment
- Committed Costs
- Common Cause
- Communication Management Plan
- Communication Plan
- Comparative Estimating
- Completion
- Completion Date
- Concession
- Conduct Procurements
- Configuration Audit
- Configuration Management
- Configuration Management System
- Configuration Status Account
- Constraint
- Consumable Resource
- Contingency
- Contingency Allowance
- Contingency Budget
- Contingency Plan
- Contingency Planning
- Contingency Reserve
- Contract
- Contract Price
- Contract Target Cost
- Contract Target Price
- Contractor
- Control
- Control Account
- Control Chart
- Control Costs
- Control Limits
- Control Schedule
- Control Scope
- Controlling
- Coordination
- COQ
- Corporate Governance
- Corrective Action
- Cost / Risk Analysis
- Cost Account
- Cost Account Manager
- Cost Benefit Analysis
- Cost Breakdown Structure
- Cost Budgeting
- Cost Centre
- Cost Code
- Cost Curve
- Cost Estimating
- Cost incurred
- Cost Management Plan
- Cost of Quality
- Cost Performance Baseline
- Cost Performance Index
- Cost Performance Report
- Cost Plan
- Cost Variance
- Cost-Plus-Fixed-Fee Contract
- Cost-Plus-Incentive-Fee Contract
- Cost-Reimbursable Contract
- CPFF Contract
- CPI
- CPIF Contract
- CPM
- CRA
- Crashing
- Create WBS
- Create Work Breakdown Structure
- Criteria
- Critical Activity
D
- Dangle
- Decision Tree Analysis
- Decomposition
- Defect
- Defect Repair
- Define Activities
- Define Scope
- Deliverable
- Delphi Technique
- Dependency
- Dependent Task
- Design Thinking
- Determine Budget
- Develop Human Resource Plan
- Develop Project Charter
- Develop Project Management Plan
- Develop Project Team
- Develop Schedule
- Deviation
- Direct and Manage Project Execution
- Direct costs
- Direct labour
- Discipline
- Discounted Cash Flow
- Distribute Information
- Duration
E
- Earliest Finish Date
- Earliest Start Date
- Earned Value
- Earned Value Management
- Earned Value Technique
- EAV
- EF
- Effort
- Effort remaining
- Effort-driven Activity
- Elapsed time
- Electronic Invoice
- EMV
- End activity
- End Project Report
- End Stage Assessment
- End Stage Report
- Enterprise Environmental Factors
- ES
- Escalation
- Estimate
- Estimate Activity Durations
- Estimate Activity Resources
- Estimate at Completion
- Estimate Costs
- Estimate to Complete
- Estimating
- ETC
- EV
- Event
- EVM
- EVT
- Exception
- Exception Assessment
- Exception Plan
- Exception Report
- Execute
- Executing Processes
- Executive
- Expected Monetary Value
- Expected Monetary Value Analysis
- Expended hours
- Expenditure
- Expert Judgment
- External Constraint
F
- Factors
- Failure Mode and Effect Analysis
- Fast Tracking
- Feasibility Study
- FF
- FFP Contract
- Filter
- Financial Appraisal
- Finish Date
- Finish-to-Finish
- Finish-to-Start
- Firm-Fixed-Price Contract
- Fixed Date
- Fixed Price Contract
- Fixed-Price-Incentive-Fee Contract
- Float
- Flow Diagram
- Flowcharting
- Follow-on Action Recommendations
- Forecast
- Forecast Costs
- FPIF
- Free Float
- FS
- Full Cost
- Function
- Functional Manager
- Functional Organization
- Fund
- Funding
- Funding Profile
G
H
I
- IBR
- Idea management
- Identify Risks
- Identify Stakeholders
- IFB
- IFRS
- Impact
- Impact Analysis
- Imposed Date
- Incident
- Incurred Costs
- Influence Diagram
- Initiating Processes
- Input
- Inspection
- Integrated Baseline Review
- Internal Rate of Return
- International Financial Reporting Standards
- Investment
- Invitation for Bid
- IRR
- Issue
- Issue Log
- Issue Management
J
K
L
M
- Manage Project Team
- Manage Stakeholder Expectations
- Management by Exception
- Management Reserve
- Master Network
- Master Schedule
- Material
- Matrix Organisation
- Maturity Level
- Method
- Methodology
- Milestone
- Milestone Schedule
- Milestone trend analysis
- Mission Statement
- Monitor
- Monitor and Control Project Work
- Monitor and Control Risks
- Monte Carlo Analysis
- Monte Carlo Simulation
- MR
- Multi-Project Management
N
O
- Objective
- OBS
- ODC
- Off-Specification
- Operational Management
- Opportunity
- Order of Magnitude Estimate
- Organisation Chart
- Organisation Structure
- Organisational Breakdown Structure
- Organisational Process Assets
- Organisational Roles
- Original Budget
- Original Duration
- Other Direct Costs
- Outcome
- Output
- Outturn Cost
- Overhead
- Overhead Rate
- Overrun
- Owner
P
- Parallel Activities
- Parametric Estimating
- Pareto Chart
- Path Convergence
- Path Divergence
- Payment
- PBS
- PDM
- Peer review
- Percent Complete
- Percentage of Completion Method
- Perform Integrated Change Control
- Perform Qualitative Analysis
- Perform Quality Assurance
- Perform Quality Control
- Perform Quantitative Analysis
- Performance
- Performance Appraisal
- Performance Management
- Performance Measurement
- Performance Measurement Baseline
- Performance Measurement Techniques
- Performance Reports
- Performing Organisation
- PERT
- Phase
- Phase Gate
- PID
- Plan
- Plan Communications
- Plan Procurements
- Plan Quality
- Plan Risk Management
- Plan Risk Responses
- Planned Activity
- Planned cost
- Planned Value
- Planning Package
- Planning Processes
- PM
- PMIS
- PMO
- PMP
- Portfolio
- Portfolio Balancing
- Portfolio Management
- Portfolio Prioritisation Process
- Post-implementation review
- Post-project Review
- Practice
- Precedence Diagramming Method
- Precedence Relationship
- Predecessor
- Predecessor Activity
- Preventive Action
- PRINCE2
- PRINCE2 Project
- Prioritisation
- Proactive Risk Response
- Probabilistic Network
- Probability
- Probability and Impact Matrix
- Problem
- Procedures
- Procedures Manual
- Process
- Procurement
- Procurement Documents
- Procurement Management Plan
- Producer
- Product
- Product Based Planning
- Product Breakdown Structure
- Product Checklist
- Product Description
- Product Flow Diagram
- Product Life Cycle
- Product Scope
- Product Scope Description
- Productivity Factor
- Profile of Expenditure
- Program
- Program Benefits Review
- Program Director
- Program Evaluation and Review Technique
- Program Governance
- Program Management
- Program Management Office
- Program Manager
- Program Support Office
- Progress
- Progress Payments
- Progress Report
- Progressive Elaboration
- Project
- Project accounting
- Project Appraisal
- Project Assurance
- Project Baseline
- Project Board
Q
R
- RAM
- RBS
- Re-usable Resource
- Reactive Risk Response
- Recurring Costs
- Reduce
- Regulation
- Reimbursement
- Relationship
- Remaining Duration
- Replenishable Resource
- Report Performance
- Reporting
- Reports
- Request for Change
- Request for Information
- Request for Proposal
- Request for Quotation
- Requested Change
- Requirement
- Requirements Traceability Matrix
- Reserve
- Reserve Analysis
- Residual Risk
- Resource
- Resource Aggregation
- Resource Allocation
- Resource Availability
- Resource Breakdown Structure
- Resource Calendar
- Resource Constraint
- Resource Histogram
- Resource Level
- Resource Levelling
- Resource Loading
- Resource Management
- Resource Optimisation
- Resource Plan
- Resource Pool
- Resource Requirement
- Resource Smoothing
- Resource-driven Activity Durations
- Responsibility Assignment Matrix
- Responsible Organisation
- Result
- Retention
- Revenue
- Revenue Cost
- Reviewer
- Reviews
- Rework
- RFC
- RFI
- RFP
- RFQ
- Risk
- Risk Acceptance
- Risk Analysis
- Risk Appetite
- Risk Avoidance
- Risk Breakdown Structure
- Risk Category
- Risk Event
- Risk Exposure
- Risk Identification
- Risk Log
- Risk Management Plan
- Risk Mitigation
- Risk Monitoring
- Risk Owner
- Risk Perception
- Risk Prioritising
- Risk Profile
- Risk Provision
- Risk Ranking
- Risk Reduction
- Risk Register
- Risk Response Activities
- Risk Response Planning
- Risk Tolerance
- Risk Transfer
- Role
- Rolling Wave Planning
- Root Cause Analysis
S
- S-Curve
- Sales
- Schedule
- Schedule Baseline
- Schedule Compression
- Schedule Dates
- Schedule Management Plan
- Schedule Model
- Schedule Network Analysis
- Schedule Performance Index
- Schedule Reserve
- Schedule Risk Analysis
- Schedule Variance
- Scheduled Finish Date
- Scheduled Start Date
- Scheduling
- Scope
- Scope Baseline
- Scope Change
- Scope Creep
- Scope Management Plan
- Scoring Model
- Secondary Risk
- Seller
- Senior Responsible Owner
- Senior Supplier
- Senior User
- Sensitivity Analysis
- Sequence Activities
- Severity of Risk
- SF
- SF
- Simulation
- Slack
- Slack Time
- Slip Chart
- Slippage
- Solicitation
- SOW
- Special Cause
- Specific Risk Provision
- Specification
- Specification Limits
- SPI
- Splittable Activity
- Sponsor
- SS
- Staffing Management Plan
- Stage
- Stage Payment
- Stakeholder
- Standard
- Start Date
- Start-to-Finish
- Start-to-Start
- Start-to-Start Lag
- Start-up
- Start-up Meeting
- Starting Activity
- Statement of Work
- Status Report
- Statutory Approval
- Steering Committee
- Strategic Risk
- Strategy
- Sub network
- Sub phase
- Sub portfolio
- Subcontractor
- Subproject
- Success Criteria
- Success Factors
- Successor
- Successor Activity
- Summary Activity
- Summary Risk Profile
- Sunk Costs
- Super-critical Activity
- Supplier
- SV
- SWOT Analysis
T
- Target Completion Date
- Target Start Date
- Task
- TCPI
- Team
- Team Leader
- Team Manager
- Team Member
- Technical Performance Measurement
- Technique
- Template
- Tender
- Tender document
- Tendering
- Termination
- Terms and Conditions
- Terms of Reference
- Testing
- Theory of Constraints
- Threat
- Three-Point Estimate
- Threshold
- Time Analysis
- Time and Material Contract
- Time now
- Time Recording
- Time Sheet
- Time Variance
- Time-Scaled Schedule Network Diagram
- To-Complete-Performance-lndex
- Tolerance
- Tool
- Top down Cost Estimating
- Total Float
- Total Slack
- Traffic Light Reports
- Transfer
- Trend
- Trend Analysis
- Triggers
- Turnkey Contract
U
V
W
- Warranty
- WBS
- Weight
- What-if assessment
- What-if Simulation
- WIP
- Work
- Work Authorisation
- Work Authorisation System
- Work Breakdown Code
- Work Breakdown Structure
- Work Breakdown Structure Component
- Work Breakdown Structure Dictionary
- Work Breakdown Structure Element
- Work in Progress
- Work Load
- Work Package
- Work Performance Information
- Work Units
- Workaround