This document outlines key vocabulary terms for project formulation including: frame of reference, objectives, theoretical framework, hypothesis, sorting or organization, social project, project of production, background, qualitative research, quantitative research, alternative solutions, feasibility, legal study, organizational study, financial study, justification, idea, phases of a project, structure of a project, project, proposal, pure research or basic, dependient, design methodology, and expectation. It provides definitions for these terms as they relate to planning and developing a project from the initial idea through implementation.