A threatA condition or situation unfavourable to the project, a nega... More to the project objectivesThose things that are to be achieved by the project, which u... More that cannot be resolved by the project managerAlso called PM. The person assigned by the performing organi... More. A point or matter in question or in dispute, or a point or matter that is not settled and is under discussion or over which there are opposing views or disagreements. A certain eventState in the progress of a project after the completion of a... More associated with the contracted scopeThe sum of the products, services, and results to be provide... More of workThe total number of hours, people or effort required to comp... More. Where the eventState in the progress of a project after the completion of a... More impacts can be adequately quantified, they may be incorporated in the PerformanceThe term used to describe the quality of the delivery and th... More Measure BaselineAn approved plan for a project, plus or minus approved chang... More (PMB); if not, an allowance may be made in Management ReserveAlso MR. A central contingency pool. This may be subdivided ... More. The allowance must be justified and supported by a three-point-estimate. Some organisations may prefer to treat issues as pure risks.