Project management is the use of specific knowledge, skills, tools, and techniques to deliver something of value to people. ... Leading these projects are Project Professionals—people who either intentionally or by circumstance are asked to ensure that a project team meets its goals.
Project Management is a well defined concept found in many guidebooks and Bodies of Knowledge. Putting these guides and BOK’s to work for the benefit of the enterprise is the role of Project Governance
مراجعة كاملة وشاملة لشهادة محترف ادارة المشاريع
دورة محاضرات فيديو مع اسئلة: http://prof.planner.teachable.com/courses/pmp-arabic/
على قناة اليوتيوب الفيديو: https://www.youtube.com/playlist?list=PL9HqmhqTzU-UkDJ6GANiBffjTHBgfY_Gu
The New PMP Exam: Changes and Implications (With Annotation)CliffordEgbomeade
Find out what is changing and get your questions answered - Separating facts from myths.
As you may already know, the PMP exam changes from January 2, 2021.
We are aware that questions about this change abound.
In this webinar, you’ll learn:
〉 Why the change
〉 What are the change: Exam based on new exam content outline, online proctored, a new set of books, PMBoK, REP to ATP, etc.
〉 Implications & Options: Cost & time implication
〉 Next step
Project Management is a well defined concept found in many guidebooks and Bodies of Knowledge. Putting these guides and BOK’s to work for the benefit of the enterprise is the role of Project Governance
مراجعة كاملة وشاملة لشهادة محترف ادارة المشاريع
دورة محاضرات فيديو مع اسئلة: http://prof.planner.teachable.com/courses/pmp-arabic/
على قناة اليوتيوب الفيديو: https://www.youtube.com/playlist?list=PL9HqmhqTzU-UkDJ6GANiBffjTHBgfY_Gu
The New PMP Exam: Changes and Implications (With Annotation)CliffordEgbomeade
Find out what is changing and get your questions answered - Separating facts from myths.
As you may already know, the PMP exam changes from January 2, 2021.
We are aware that questions about this change abound.
In this webinar, you’ll learn:
〉 Why the change
〉 What are the change: Exam based on new exam content outline, online proctored, a new set of books, PMBoK, REP to ATP, etc.
〉 Implications & Options: Cost & time implication
〉 Next step
The new PMP, what it is and how to get prepared for itPMIUKChapter
The international scenario of the Project Management credentials is evolving. New ones are entering the "arena", some other old ones are changing their shape and maybe their value. In this webinar we''ll cover the most important PM credential, defining and comparing their features. In particular, we'll see the new PMP exam and how to prepare for it.
Outline of subjects you will cover:
• PM credential in the world
• PMP credential
• The new PMP exam (from Jan 2nd 2021)
• How to prepare for it
About Cristiano Ottavian
Industrial Chartered Engineer, Project Manager, PM Consultant and Trainer in Business Schools and Corporate Academies. Former director of a National Academy for Technicians, he designs and implements training courses to support project management skills and team management. He is a business consultant on Project Management, innovation, product and process development, organizational change and process optimization. He managed projects and lead teams in companies of various sectors, in Italy, Europe and the Middle East. Certifications: PMP®, Prince2TM Practitioner, ISIPM, SFC, Financial Advisor and Environment Consultant.
Project cost management ,cost estimation cost control and evm for large epc projects and is essential for knowing the cost parameters for all construction engineers.
Project Controls Expo 13th Nov 2013 - "From Cost Plan To Bid Evaluation To Co...Project Controls Expo
The Cost Plan - Work Breakdown Structure
What is a Cost Plan ? Cost Plan is the Estimate for the project based on the Scope of Work Measured Trade Elements
The Cost Plan has a Cost Work Breakdown Structure (CWBS) To Mirror The Project Scope of Work.
Typical CWBS for an Industrial/Infrastructure Project:
Level 1 - The Project
Level 2 - Phase/Stage - Separable Portions
Level 3 - Area /Facility – Construction Zones
Level 4 - Resource - Trade Based Activities
Level 5 - Resource Trade Based Elements - Units of Measure and Pricing
PMP Exam Flashcards common definitions 7th edition original v2.0Vinod Kumar, PMP®
The Project Management Professional (PMP) exam is quite hard. The exam consists of 200 multiple-choice questions in a period of only four hours. The questions are written for a high difficulty level and are designed to test your understanding of the subjects and the ability to problem solve in real life.
Flashcards are small note cards used for testing and improving memory through practiced information retrieval.
Hence, I have captured 342 of the most important common definitions around Project Management in the Microsoft PowerPoint Presentation format aligned with the NEW 2021 PMP Exam and the PMBOK Guide, it will be very useful while you are preparing for your PMP exam to understand the concepts and no need to memorize anymore, also you can quickly review during your free time.
At doubt you can easily do a quick search for the required Common Definition.
All the very best for your PMP Examination!
Understand what projects are and how they differ from ongoing operations
Define and explain several key terms; Project, Project Management, Software Project Management
Understand Organization structures
Understand Project Management Processes
Understand Project Life Cycle
Quantify Construction Damages related to Delay, disruption, and inefficienciesMichael Pink
Learn how to quantify damages related to delay, disruption and inefficiencies on Construction projects. Convert your delays and impacts into cost claims with this proven process.
PMO - Added value instead of administrationAndreas Splett
This slide show should point out the benefits of PMOs. Project Management Offices can provide basic administrative support, but this isn’t the real value of a
PMO.
The new PMP, what it is and how to get prepared for itPMIUKChapter
The international scenario of the Project Management credentials is evolving. New ones are entering the "arena", some other old ones are changing their shape and maybe their value. In this webinar we''ll cover the most important PM credential, defining and comparing their features. In particular, we'll see the new PMP exam and how to prepare for it.
Outline of subjects you will cover:
• PM credential in the world
• PMP credential
• The new PMP exam (from Jan 2nd 2021)
• How to prepare for it
About Cristiano Ottavian
Industrial Chartered Engineer, Project Manager, PM Consultant and Trainer in Business Schools and Corporate Academies. Former director of a National Academy for Technicians, he designs and implements training courses to support project management skills and team management. He is a business consultant on Project Management, innovation, product and process development, organizational change and process optimization. He managed projects and lead teams in companies of various sectors, in Italy, Europe and the Middle East. Certifications: PMP®, Prince2TM Practitioner, ISIPM, SFC, Financial Advisor and Environment Consultant.
Project cost management ,cost estimation cost control and evm for large epc projects and is essential for knowing the cost parameters for all construction engineers.
Project Controls Expo 13th Nov 2013 - "From Cost Plan To Bid Evaluation To Co...Project Controls Expo
The Cost Plan - Work Breakdown Structure
What is a Cost Plan ? Cost Plan is the Estimate for the project based on the Scope of Work Measured Trade Elements
The Cost Plan has a Cost Work Breakdown Structure (CWBS) To Mirror The Project Scope of Work.
Typical CWBS for an Industrial/Infrastructure Project:
Level 1 - The Project
Level 2 - Phase/Stage - Separable Portions
Level 3 - Area /Facility – Construction Zones
Level 4 - Resource - Trade Based Activities
Level 5 - Resource Trade Based Elements - Units of Measure and Pricing
PMP Exam Flashcards common definitions 7th edition original v2.0Vinod Kumar, PMP®
The Project Management Professional (PMP) exam is quite hard. The exam consists of 200 multiple-choice questions in a period of only four hours. The questions are written for a high difficulty level and are designed to test your understanding of the subjects and the ability to problem solve in real life.
Flashcards are small note cards used for testing and improving memory through practiced information retrieval.
Hence, I have captured 342 of the most important common definitions around Project Management in the Microsoft PowerPoint Presentation format aligned with the NEW 2021 PMP Exam and the PMBOK Guide, it will be very useful while you are preparing for your PMP exam to understand the concepts and no need to memorize anymore, also you can quickly review during your free time.
At doubt you can easily do a quick search for the required Common Definition.
All the very best for your PMP Examination!
Understand what projects are and how they differ from ongoing operations
Define and explain several key terms; Project, Project Management, Software Project Management
Understand Organization structures
Understand Project Management Processes
Understand Project Life Cycle
Quantify Construction Damages related to Delay, disruption, and inefficienciesMichael Pink
Learn how to quantify damages related to delay, disruption and inefficiencies on Construction projects. Convert your delays and impacts into cost claims with this proven process.
PMO - Added value instead of administrationAndreas Splett
This slide show should point out the benefits of PMOs. Project Management Offices can provide basic administrative support, but this isn’t the real value of a
PMO.
i just found this on the internet and i began to like it. It\'s our topic at school that\'s why i download it. I just want to share it. it\'s really a nice and creative presentation. It makes the topic more simple and clear.
Online PMP Training Material for PMP Exam - Integration Management Knowledge ...GlobalSkillup
Integration Management Knowledge Area in Project management defined by PMBOK 5th Edition by Project Management Institute (PMI). Provided by GlobalSkillup.com towards PMP Certification Exam.
This document is part of a series that explain the newly released PMBOK 5th edition. These documents provide simple explanation and summary of the book. However they do not replace the necessity of reading the book.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
This Digital Transformation and IT Strategy Toolkit was created by ex-McKinsey, Deloitte and BCG Management Consultants, after more than 5,000 hours of work. It is considered the world's best & most comprehensive Digital Transformation and IT Strategy Toolkit. It includes all the Frameworks, Best Practices & Templates required to successfully undertake the Digital Transformation of your organization and define a robust IT Strategy.
Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
5 Things You Need To Know Before Hiring a Videographer
Project Management Definitions
1. Glossary of Project Management Terms
Term Definition
Agency A formally organized unit of government having administrative,
programmatic, legal, fiduciary, and regulatory functions ascribed to it through
Legislation, Federal mandate, or other means and for which it receives or
generates revenue.
Assumptions Assumptions are factors that, for planning purposes, are considered to be true,
real, or certain. Assumptions affect all aspects of project planning, as are part
of the progressive elaboration of the project. Project teams frequently
identify, document, and validate assumptions as part of their planning process.
Assumptions generally involve a degree of risk.
Backup Package A backup package consists of all the related supporting documentation for
exp enditures required to successfully pass an audit.
Business Alignment Strategic business alignment represents an agency’s capability to coordinate
all the activities of its components for the purpose of achieving its objectives.
A key to the success of any project is its alignment with the strategic direction
of the sponsoring organization.
Business Case The information necessary to enable approval, authorization and policy
making bodies to assess a project proposal and reach a reasoned decision.
Change Control Board A formally constituted group of stakeholders responsible for approving or
(CCB) rejecting changes to the project baselines.
Communication The transmission and validated receipt of information so that the recipient
understands what the sender intends, and the sender is assured that the intent is
understood.
A plan describing the organization and control of information transmitted by
whatever means to satisfy the needs of the project. It includes the processes of
transmitting, filtering, receiving and interpreting or understanding information
Communications using appropriate skills according to the application in the project
Management Plan environment. It is at once the master and the servant of a project in that it
provides the means for interaction between the many disciplines, functions
and activities, both internal and external to the project, and which together
result in the successful completion of that project.
Configuration Technical and administrative activities concerned with the creation,
Management (CM) maintenance and controlled change, throughout the life of the product, of an
item's descriptive and governing characteristics, which can be expressed:
1. In functional terms, i.e. what performance the item is expected to achieve,
and
2. In physical terms, i.e. what the item should look like and consist of when it
is completed.
Consequences The results following some activity or activities.
Constraints Applicable restrictions that will affect the performance of the project. Any
factor that affects when an activity can be scheduled.
Continuous Quality Constantly striving to make things better, which is a particular aim of a
Improvement (CQI) Quality Assurance Program
Contract Administration Managing the relationship with the seller
Contract Review Monitoring and control of performance and progress, making payments,
recommending modifications and approving contractor's actions to ensure
compliance with contractual terms during contract execution.
Contract Closeout Completion and settlement of the contract, including resolution of any open
items.
Cost Analysis The analysis of the cost elements of a proposal or on-going work. It includes
verification of cost data, evaluation of all elements of costs, and projection of
these data to determine the effect on price.
Cost Control System Any system of keeping costs within the bounds of budgets or standards based
2. Term Definition
upon work actually performed.
Cost Variance (CV) 1) Any difference between the budgeted cost of an activity and the actual cost
of that activity. 1) In earned value, EV (Earned Value) less ACWP (Actual
Cost of Work Performed) or
Crashing Taking action to decrease the total project duration after analyzing a number
of alternatives to determine how to get the maximum duration compression for
the least cost.
Critical Path Analysis Procedure for calculating the critical path and floats in a network.
Critical Path Method A network analysis technique used to predict project duration by analyzing
(CPM) which sequence of activities (which path) has the least amount of schedule
flexibility (the least amount of float). Early dates are calculated by means of a
forward pass, using a specified start date. Late dates are calculated by means
of a backward pass, starting from a specified completion date (usually the
forward pass’ calculated early finish date.
Deliverable Any measurable, tangible, verifiable outcome, result, or item that must be
produced to complete a project or part of a project. Often used more narrowly
in reference to an external deliverable, which is a deliverable that is subject to
approval by the project sponsor or customer
Deliverable/Product The measurement of physical properties stated in the specifications for a
Verification product/deliverable and compare them with the values for each requirement
documented in the product specifications.
Delphi Technique A process where a consensus view is reached by consultation with experts.
Often used as an estimating technique.
Design Reviews A formal, documented, comprehensive and systematic examination of a design
to evaluate the design requirements and the capability of the design to meet
these requirements and to identify problems and propose solutions.
Documentation The collection of reports, user information and references for distribution and
retrieval, displays, back-up information and records pertaining to the project.
Earned Value The physical work accomplished plus the authorized budget for this work.
The sum of the approved cost estimates (may include overhead allocation) for
activities (or portions of activities) completed during a given period (usually
project-to-date). Previously called budgeted cost of work performed (BCWP)
for an activity or a group of activities.
Engineering or Design The formal release of an engineering or design change.
Change Notice (ECN)
Engineering or Design A proposal submitted by the seller in response to a buyer’s request for an ECP
Change Proposal (ECP) to change the existing contract effort. Only the buyer can initiate the request
for an Engineering Change Proposal. This activity is usually preceded by a
Request For Change. The user, buyer, or the seller can initiate a Request For
Change to the contract. It is an exploratory activity.
Executive Sponsor The sponsor is an executive responsible for the strategic direction of a project.
An Executive Sponsor should have the authority to define project goals,
secure resources, and resolve organizational and priority conflicts. Multiple
studies indicate a direct correlation between the lack of project sponsorship
and project failure. Well-meaning but costly mistakes include substituting a
steering committee for a sponsor, and assuming that a big-budget and highly
visible project does not need a formal sponsor. The Executive Sponsor’s
primary role is to:
• Champion IT projects from initiation to completion
• Participate in the development and selling of the project business
case
• Present overall vision and priorities for the project
• Assist in determining final funding and project direction
• Serve as executive liaison to key State stakeholders, e.g., legislators,
3. Term Definition
Agency directors and managers
• Chair the project steering committee
External Project Roles assigned to the project manager that are not directly associated with the
Management Roles work of the project.
Formal Acceptance Accepting the delivery of a deliverable or product according to established
processes normally based on verifying that it is in accordance with the Product
Description or specifications of the Project Deliverable.
Gantt Chart or Schedule A graphic display of schedule-related information. In the typical Gantt or bar
chart, activities or other project elements are listed down the left side of the
chart, dates are shown across the top, and activity durations are shown as date-
placed horizontal bars.
Information Distribution Making needed information available to project stakeholders in a timely
manner.
Internal Project Roles assigned to the PM or PM team directly related to the work of the
Management Roles project.
Knowledge The acquisition, management and distribution of relevant information to the
Management parties who need to know.
Lessons Learned The learning gained from the process of performing the project. Lessons
learned may be identified at any point. Also considered a project record.
Life -Cycle A collection of generally sequential project phases whose name and number
are determined by the control needs of the organization or organizations
involved in the project.
Milestones Significant events in the project, usually including the completion of a major
deliverable.
Modeling The creation of a physical representation or mathematical description of an
object, system or problem that reflect the functions or characteristics of the
item involved. Model building may be viewed as both a science and an art.
MOU Any written agreement-in-principle describing how a commitment will be
administered.
Multi-Attribute Utility Mathematical tools for defining and comparing alternatives to assist in
decision-making about complex alternatives, especially when groups are
involved. They are designed to answer the question, “What is the best
choice?” The models are based on the assumption that the apparent
desirability of a particular alternative depends on how its attributes are
viewed.
A schematic display of the sequential and logical relationship of the activities
which comprise the project. Two popular drawing conventions or notations for
Network Diagram
scheduling are arrow and precedence diagramming.
Organizational A depiction of the project organization arranged so as to relate work packages
Breakdown Structure to organizational units.
(OBS)
Organizational Change The task of organizational change management is to bring order to an
Management organization that is responding to a change event. It is not pretending that
change is or can always be well organized and disciplined.
Performance Indexes Project planning and status indicators that periodically measure variances
(usually cost and schedule) and require documented corrective actions to
eliminate the variances that exceed predetermined thresholds.
4. Term Definition
PERT Program Evaluation and Review Techniques (PERT). An event-oriented
network analysis technique used to estimate program duration when there is
uncertainty in the individual activity duration estimates. PERT applies the
critical path method, using durations that are computed by a weighted average
of optimistic, pessimistic, and most likely duration estimates. PERT computes
the standard deviation of the completion date from those of the path’s activity
durations. Also know as the Method of Moments Analysis.
PMBOK® Project Management Body of Knowledge® An inclusive term that describes
the sum of knowledge within the profession of project management. As with
other professions—such as law, medicine, and accounting—the body of
knowledge rests with the practitioners and academics that apply and advance
it. The PMBOK® includes proven, traditional practices that are widely
applied, as well as innovative and advanced ones that have seen more limited
use.
Probability The likelihood of occurrence. The ratio of the number of chances by which an
event may happen (or not happen) to the sum of the chances of both
happening and not happening.
Procurement Liaison In some governmental entities, this person is designated to be responsible for
the procurement functions for the agency and acts a liaison with the Materials
Management Office and/or the Information Technology Management Office.
Procurement Planning Determining what to procure and when.
Product-oriented WBS A project's product components or elements that make up the overall
deliverable assembled into some hierarchical arrangement that facilitates
project management tracking and control.
Project Baseline Control Established baselines for scope, cost and schedule under some form of version
control. Once the project has been contained in these three dimensions, it can
be measured, monitored and controlled. If a project does not have such
baseline management, it cannot be managed and measured as a closed system,
and must be therefore considered to be out of control.
The amount and distribution of money allocated to a project.
Project Budget
Project The person who espouses the project and secures for it necessary support and
Champion/Leader resources. See also Project Sponsor.
Project Change Management of approved changes to project work content caused by a scope
Management of work change or a special circumstance on the project (weather, strikes,
etc.).
Project Charter A document issued by senior management that formally authorizes the
existence of a project. It provides the project manager with the authority to
apply organizational resources to project activities.
A plan describing a sequence of activities which are used to steer the project
Project Control Plan
towards conformance with project requirements
Project Deliverable(s) Any measurable, tangible, verifiable outcome, result, or item that must be
produced to complete a project or part of a project. Often used more narrowly
in reference to an external deliverable, which is a deliverable that is subject to
approval by the project sponsor or customer.
Project Leadership Leadership in the context of a project, e.g. leading with a focus on the project's
goals and objectives and the effectiveness and efficiency of the process.
Project Management Tools, processes, skills and behaviors that are used to guide project
Principles performance.
Project Manager (PM) The individual responsible for managing a project.
Project Objectives Project scope expressed in terms of outputs, required resources and timing.
Project Organization The orderly structuring of project participants.
Project Organizational A graphical display of the project’s organization structure.
Chart
5. Term Definition
Project Plan A formal, approved document used to guide both project execution and project
control. The primary uses of the project plan are to document planning
assumptions and decisions, facilitate communication among stakeholders, and
document approved scope, cost, and schedule baselines. A project plan may
be summary or detailed.
Project Procurement The processes required to acquire goods and services to attain project scope
from outside the performing organization. It consists of procurement
planning, solicitation planning, solicitation, source selection, contract
administration, and contract closeout.
Project Repository A place (either physical or virtual) established for the consistent and effective
storage and retrieval of all project information for the efficient use by the
project manager and his/her project Team.
Project Reviews, , An evaluation of current project results or procedures.
The planned dates for performing activities and the planned dates for meeting
Project Schedule
milestones.
Project Scope The work that must be done to deliver a product with the specified features
and functions.
Project/Executive The person who has ultimate authority over the project. The executive sponsor
Sponsor provides project funding, resolves issues and scope changes, approves major
deliverables and provides high-level direction. They also champion the project
within their organization.
Depending on the project, and the organizational level of the executive
sponsor, they may delegate day-to-day tactical management to a project
sponsor. If assigned, the project sponsor represents the executive sponsor on a
day-to-day basis, and makes most of the decisions requiring sponsor approval.
If the decision is large enough, the project sponsor will take it to the executive
sponsor.
Project Team Building The forming of a group of people into a team that is to work together for the
benefit of the project. It can be achieved in a formal manner by use of startup
meetings, seminars, workshops, etc. and in an informal manner by getting the
team to work well together. Motivating and resolving conflicts between
individual members of the team are important elements of teamwork. Cultural
characteristics of the team members should be given full consideration.
Different cultures create different working needs.
The full-time and part-time resources assigned to work on the deliverables of
the project, and achieve the project objectives. They are responsible for:
• Understanding the work to be completed
• Planning out the assigned activities in more detail if needed.
• Completing assigned work within the budget, timeline and quality
expectations
Project Team
• Informing the Project Manager of issues, scope changes, risk and
Designation
quality concerns
• Proactively communicating status and managing expectations
The project team can be made up from within one functional department or
organization, or from many. A cross-functional team has members from
multiple departments or organizations, and typically involves matrix
management.
Projectized Organization Any organizational structure in which the project manager has full authority to
assign priorities and to direct the work of individuals assigned to the project.
Quality Assurance (QA) 1) The process of evaluating overall project performance on a regular basis to
provide confidence that the project will satisfy the relevant quality standards.
2) The organizational unit that is assigned responsibility for quality control.
6. Term Definition
Quality Control (QC) 1) The process of monitoring specific project results to determine if they
comply with relevant quality standards and identifying ways to eliminate
causes of unsatisfactory performance. 2) The organizational unit that is
assigned responsibility for quality control.
Quality Management That aspect of the overall management function that determines and
implements the quality policy.
Quality Management A document setting out the specific quality practices, resources and sequence
Plan of activities relevant to a particular product, service, contract or project.
Quality Measurement See Quality Metrics
Quality Metrics The tools and techniques of quality measurement that include: benefit/cost
analysis, benchmarking, flowcharting, both cause and effect diagrams and
system or process charts, design of experiments, and cost of quality.
Quality Plan A plan identifying which quality standards are relevant to the project, and
determining how to satisfy them.
Requirements An information vehicle that provides a precise description of a specific
Specifications physical item, procedure, or result for the purpose of purchase and/or
implementation of the item or service.
Responsibility A structure that relates the project organization structure to the work
Assignment Matrix breakdown structure to help ensure that each element of the project’s scope is
(RAM) assigned to a responsible individual.
Risk Assessment The process of identifying potential risks, quantifying their likelihood of
occurrence and assessing their likely impact on the project.
Risk Avoidance Risk avoidance is changing the project plan to eliminate the risk or to protect
the project objectives from its impact. It is a tool of the risk response planning
process.
Risk Evaluation A template designed to assist the project manager in an assessment of the risks
Checklist associated with the project.
Risk Identification Determining which risks might affect the project and documenting their
characteristics. Tools used include brainstorming and checklists.
Risk Management An organized assessment and control of project risks.
Risk Management Plan Documents how the risk processes will be carried out during the project. This
is the output of risk management planning.
Risk Metrics The tools and techniques for risk monitoring and control. They include:
project risk response audits, periodic project risk reviews, earned value
analysis, technical performance measurement, and additional risk response
planning.
Risk Mitigation Risk mitigation seeks to reduce the probability and/or impact of a risk to
below an acceptable threshold.
Schedule Control A system for controlling changes to the project schedule.
System
Schedule Determining the start and finish dates for project activities, using tools and
Estimating/Development techniques that include mathematical analysis (CPM, GERT, and PERT),
duration compression, simulation, resource leveling, project management
software and coding structure.
Schedule Management A system for the management or rearrangement of the activities in a project
System schedule to improve the outcome based on the latest available information.
Schedule Tracking A process of periodically documenting the factors affecting time constraint
status during the course of a project.
Schedule Variance 1)_ Any difference between the scheduled completion of an activity and the
actual completion of that activity. 2) In earned value, EV less BCWS = SV.
Scope Definition Subdividing the major deliverables into smalle r, more manageable
components to provide better control.
A plan describing the management of the project's scope, from given goals
Scope Management Plan
and objectives, through explicit definition, to production, to satisfactory
7. Term Definition
delivery of the required product.
The scope statement provides a documented basis for making future project
decisions and for confirming or developing common understanding of project
Scope Statement scope among the stakeholders. As the project progresses, the scope statement
may need to be revised or refined to reflect approved changes to the scope of
the project.
Sensitivity Analysis A method of testing the degree of sensitivity of a system, whether physical or
notional, to incremental changes to its variables. This analysis enables the
determination of those variables that are the most significant, and possibly the
selection of the best or optimal settings or solution to a problem.
Simulations A simulation uses a project model that translates the uncertainties specified at
a detailed level into their potential impact on objectives that are expressed at
the level of the total project. Project simulations use computer models and
estimates of risk at a detailed level, and are typically performed using the
Monte Carlo technique.
Staffing Plan A plan that identifies competent people suited to the various types of work
involved in the project that becomes the basis for determining the project
team.
Stakeholder Individuals and organizations that are actively involved in the project, or
whose interests may be positively or negatively affected as a result of project
execution or project completion. They may also exert influence over the
project and its results.
Stakeholder A plan for the management of expectations of the people who have a vested
Management Plan interest in the outcome of the project.
Statement of Work A description of all the work required to complete a project, which is provided
(SOW) by the customer.
Status Report A written report given to both the project team and to a responsible person on
a regular basis stating the position of an activity, work package, or whole
project. Status Reports should be used to control the project and to keep
management informed of project status.
Strong Matrix Any organization having more characteristics of a projectized organization
Organization than a functional organization. That is, more full-time project mangers with
considerable authority and full-time project administration staff.
Total Quality A common approach to implementing a quality improvement program within
Management (TQM) an organization.
Variance Any actual or potential deviation from an intended or budgeted figure or plan.
A variance can be a difference between intended and actual time. Any
difference between the projected duration for an activity and the actual
duration of the activity. Also, the difference between projected start and finish
dates and actual or revised start and finish dates.
Walk-Throughs Either
• The examination of the quality of an operational procedure or test by
simulating the actual execution but bypassing high risk or expensive
operations. It ensures that personnel and equipment are ready to carry
out the real thing, or
• A peer group mentally stepping through software design and logic
flow with test cases to identify errors.
Work Breakdown A deliverable -oriented grouping of project elements that organizes and defines
Structure (WBS) the total work scope of the project. Each descending level represents an
increasingly detailed definition of the project work.
Work Package A deliverable at the lowest level of the work breakdown structure, when that
deliverable may be assigned to another project manger to plan and execute.
This may be accomplished through the use of a subproject where the work
8. Term Definition
package may be further decomposed into activities.