Term
Process Decision Program Chart
"PDPC" |
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Definition
| These charts are used to understand a goal in relation to the steps for getting the goal. |
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Term
Design of Experiments
"DOE" |
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Definition
| A statistical method for identifying which factors may influence specific variable of a product or process under development or in production |
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Term
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Definition
| Written sets of questions designed to quickly accumulate information from a large number of respondents |
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Term
Firm Fixed Price (Contract)
"FFP" |
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Definition
| This type of contract is the most commonly used one. It is favored because the price for goods is set at the outset and not subject to charge unless the scope of work changes. Cost increase due to adverse performance is the sellers' responsibility. Under this contract type, the buyer should precisely specify the project/services to be procured, and any changes to the procurement specifications can increase costs to the buyer |
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Term
Control Quality
Quality -- Monitoring and Controlling |
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Definition
| This is the process of monitoring and recording results of executing the quality activities to assess performance and recommend necessary changes |
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Term
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Definition
| This is the authorized budget assigned to schedule work |
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Term
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Definition
| The process performed to define a new project or a new phase of an existing project by obtaining authorization to start the project or phase |
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Term
| Bidder Conference/Contractor Conferences/Pre-Bid Conferences/Vendor Conferences |
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Definition
| These are meetings between the buyer and all prospective sellers prior to submittal of a bid or proposal |
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Term
Plan Stakeholder Management
Stakeholder Planning |
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Definition
| This is the process of developing appropriate management strategies to effectively engage stakeholders throughout the project life cycle, based on the analysis of their needs, interests, and potential impact on project suscess |
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Term
Project Stakeholder Management
Stakeholder |
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Definition
| This includes the process required to identity the people, groups, or organizations that could impact or be impacted by the project, to analyze stakeholder expectations and their impact on the project, and to develop appropriate management strategies for effectively engaging stakeholders in project decision and execution |
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Term
Manage Stakeholder Engagement
Stakeholder Executing |
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Definition
| This is the process of communicating and working with stakeholders to meet their needs/expectations, address issues as they occur, and foster appropriate stakeholder engagement throughout the project life cycle |
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Term
Cost Plus Fixed Fee (Contracts)
"CPFF" |
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Definition
| With this contract type, the seller is reimbursed for all allowable cost for performing the contract work, and receives a fixed-fee payment calculated as a percentage of the initial estimated project costs. A fee is paid only for completed work and does not change due to seller performance; fee amounts do not change unless the project scope changes. |
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Term
| Fixed Price with Economic Price Adjustment (Contracts) "FP-EPA" |
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Definition
| This contract type is used whenever the seller's performance period spans a considerable period of years. It has a special provision allowing for pre-defined final conditions, such as inflation, cost changes, for specific commodities. The clause needs to relate to some reliable financial index, which is used to precisely adjust the final price. This contract type is intended to protect both buyer and seller from external conditions beyond their control. |
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Term
| Cost-Reimbursable Contracts |
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Definition
| This category of contracts involves payments to the seller for all legitimate actual costs incurred for completed work, plus a fee representing seller profit. |
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Term
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Definition
| This category of contracts involves setting a fixed total price for a defined product, service, or result to be provided. |
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Term
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Definition
| This represents a mutually binding agreement that obligated the seller to provide something of value (specified products, services, or results) and obligate the buyer to provide monetary or other valuable compensation. |
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Term
Plan Procurement Management
Procurement Planning |
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Definition
| This is the process of documenting project procurement decisions, specifying the approach, and identifying potential sellers. |
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Term
Close Procurements
Procurement Closing |
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Definition
| This is the process of completing each procurement. |
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Term
Control Procurements
Procurement Monitoring and Controlling |
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Definition
| This is the process of managing procurement relationships, monitoring contract performance, and making changes and corrections as appropriate. |
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Term
Conduct Procurements
Procurement Executing |
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Definition
| This is the process of obtaining seller responses, selecting a seller, and awarding a contract. |
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Term
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Definition
| This is a risk response strategy whereby the project team acts to reduce the probability of occurrence or impact of a risk. |
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Term
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Definition
| This is a risk response strategy whereby the project ream decides to acknowledge the risk and not take any action unless the risk occurs. |
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Term
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Definition
| This is a risk response strategy whereby the project team acts to eliminate the threat or protect the project from its impact. |
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Term
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Definition
| This is a risk response strategy whereby the project team shifts the impact of a threat to a their party, together with ownership of the response. |
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Term
| Risk Probability Assessment |
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Definition
| This investigates the likelihood that each specific risk will occur. |
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Term
Project Procurement Management
Procurement |
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Definition
| ThisThis include the process necessary to purchase or acquire products, services, or results needed form outside the project team. |
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Term
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Definition
| This is the general management technique used to determine whether particular work can be best accomplished by the project team or should be purchased from outside sources. |
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Term
Time and Material (Contracts)
"T&M" |
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Definition
| This is a hybrid contract type of contractual agreement that contains aspects of both cost-reimbursable and fixed-price contracts. |
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Term
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Definition
| This technique is a way to reach consensus of experts. Project risk experts participate in this technique anonymously. A facilitator uses a questionnaire to solicit ideas about important project risks. The responses are summarized and are then recirculated to the experts for further comment. Consensus may be reached in a few rounds of this process. This technique helps reduce bias in the data and keeps any one person from having a unique influence on the outcome. |
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Term
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Definition
| This is the degree, amount, or volume of risk that an organization or individual will withstand. |
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Term
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Definition
| This refers to measures along the level of uncertainty or the level of impacts at which a stakeholder may have a specific interest. |
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Term
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Definition
| This is an uncertain event or condition that, if occurs, has a positive or negative effect on one or more project activities such as scope, schedule, cost, and quality. |
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Term
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Definition
| This is the process of determining which risks way affect the project and documenting their characteristics. |
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Term
Perform Qualitative Risk Analysis
Plan Risk |
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Definition
| This is the process of prioritizing risks for further analysis or action by assessing and combining their probability of occurrence and impact. |
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Term
Control Risks
Risk -- Monitoring and Controlling |
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Definition
| This is the process of implementing risk response plans, tracking identified risks, monitoring residual risks, identifying new risks, and evaluating risk process effectiveness throughout the project. |
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Term
Project Risk Management
Risk |
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Definition
| This includes the processes of conducting risk management planning, identification, analysis, response planning, and controlling risk on a project. |
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Term
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Definition
| This is the process of defining how to conduct risk management activities for a project. |
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Term
Plan Risk Responses
Risk Plan |
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Definition
| This is the process of developing options and actions to enhance opportunities and to reduce threats ro project objectives. |
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Term
Perform Quantitative Risk Analysis
Risk Plan |
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Definition
| This is the process of numerically analyzing the effects of identified risked on overall project activities. |
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Term
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Definition
| This formula indicates the total number of communications channels in a group, where "n" is the total amount of stakeholders in the group. |
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Term
Project Communications Management
Communication |
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Definition
| This includes the processes that are required to ensure timely and appropriate planning, collection, creation, distribution, storage, retrieval, management, control, monitoring, and the actual disposition of project infrastructure. |
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Term
Manage Communications
Communications - Executing |
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Definition
| This is the process of creating, collecting, distributing, string, retrieving, and the ultimate disposition of project information in accordance with the communications management plan. |
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Term
Plan Communication Management
Communications -- Planning |
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Definition
| This is the process of developing an appropriate approach and plan for project communications based on stakeholders' information needs and requirements, and available organizational assets. |
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Term
Control Communications
Communication Monitoring and Controlling |
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Definition
| This is the process of monitoring and controlling communications throughout the entire project life cycle to ensure the information needs of the project stakeholders are met. |
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Term
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Definition
| This is a risk response strategy which may be selected for risks with positive impacts where the organization wishes to ensure that the opportunity is realized. |
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Term
Colocation
"Tight Matrix" |
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Definition
| This involves placing many or all of the most active project team members in the same physical location to enhance their ability to perform as a team. |
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Term
Forming
Storming
Norming
Performing
Adjourning |
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Definition
| These are the five stages of development of the of the Tuckman ladder that teams may go though. |
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Term
Responsibility Assignment Matrix
"RAM" |
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Definition
| This is a prig that shows the project resources assigned to each work package. |
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Term
Organizational Breakdown Structure
"OBS" |
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Definition
| This is arranged according to an organizations' existing departments, units or teams with the project activities or work packages listed under each department. |
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Term
Plan Human Resource Management
HR -- Planning |
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Definition
| This is the process of identifying and documenting project roles, responsibilities, required skills, reporting relationships, and creating a staffing management plan. |
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Term
Develop Project Team
HR -- Executing |
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Definition
| This is the process of improving competencies, team member interaction, and overall team environment to enhance project performance. |
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Term
Project Human Resource Management
HR |
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Definition
| This includes the processes that organize, manage, and lead the project team. |
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Term
Acquire Project Team
HR -- Executing |
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Definition
| This is the process of confirming Human Resource availability and obtaining the team necessary to complete project activities. |
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Term
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Definition
| This is a structured, independent process to determine if project activities comply with organizational and project policies, processes, and procedures. |
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Term
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Definition
| These matrices are used to identify key issues and suitable alternatives to be prioritized as a set of decisions for implementation. |
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Term
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Definition
| These may be used to represent decomposition hierarchies such as the WBS, RBS, and OBS. |
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Term
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Definition
| This specifically describes a product or project attribute and how to control quality process will measure it. |
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Term
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Definition
| This is a structured tool, usually component-specific, used to verify that a set of required steps has been performed. |
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Term
| The Process Improvement Plan |
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Definition
| This details the steps for analyzing project management and product development processes to identify activities that enhance their value. |
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Term
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Definition
| This involves choosing part of a population of interest for inspection. |
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Term
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Definition
| This involves comparing active or planned project practices to those of comparable projects to identify best practices, generate ideas for improvement, and provide a basis for measuring performance. |
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Term
Scatter Diagrams
Correlation Charts |
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Definition
| These plot ordered pairs and seek to explain a change in the dependent variable (y) in relationship to a change observed in the corresponding independent variable (x). |
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Term
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Definition
| These charts are used to determine whether or not a process is stable or has predictable performance. |
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Term
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Definition
| A special form of vertical bar chart used to identify the vital few sources that are responsible for causing most of a problems' effect. |
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Term
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Definition
| These are a special form of bar chart and are used to describe the central tendency, dispersion, and shape of a statistical distribution. |
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Term
Cause and Effect Diagram
Fishbone Diagram
Ishekawa Diagram |
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Definition
| Diagram used wherein a statement is placed at the head of the fishbone and used as a starting point to trace a problems' source back to its actionable root cause. |
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Term
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Definition
| These display the sequence of steps and branching possibilities that exist for a process that transforms one or more inputs into one or more outputs. |
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Term
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Definition
| This is the process of identifying quality requirements and/or standards for the project and its deliverables and documenting how the project will demonstrate compliance with quality standards and/or requirements. |
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Term
Project Quality Management
Quality |
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Definition
| This includes the processes and activities of the performing organization that determine quality policies, objectives, and responsibilities so that the project will satisfy the needs for which is was undertaken. |
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Term
Perform Quality Assurance
Quality -- Executing |
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Definition
| This is the process of auditing the quality requirements and the results from quality control measurements to ensure that appropriate quality standards and operational definitions are used. |
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Term
BAC: BAC-EV
------
BAC-AC
EAC: BAC-EV
------
EAC-AC |
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Definition
| Equation for the TCPI based on BAC and EAC |
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Term
To- Complete Performance Index
"TCPI" |
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Definition
| This is a measure of the cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal, expressed as the ratios of the cost to finish the outstanding work to the remaining budget. |
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Term
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Definition
| Formula for schedule performance index. |
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Term
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Definition
| Formula for Cost Performance Index. |
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Term
"SPI"
Schedule Performance Index |
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Definition
| This is a measure of schedule efficiency expressed as the ratio of earned value to planned value. |
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Term
"CPI"
Cost Performance Index |
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Definition
| This is a measure of the cost efficiency of budgeted resources, expressed as a ration of earned value to actual cost. |
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Term
"BAC"
Budget at Completion |
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Definition
| The total planned value for the project is also know as the _______ . |
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Term
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Definition
| This is the amount of budget deficit or surplus at a given point in time, expressed as the difference between earned value and the actual cost. |
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Term
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Definition
| This is the realized cost incurred for the work performed on an activity during a specific time period. |
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Term
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Definition
| This is a measure of schedule performance expressed as the difference between the earned value and the planned value. |
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Term
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Definition
| This is a measure of work performed expressed in terms of the budget authorized for that work. |
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Term
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Definition
| Formula for Cost Variance |
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Term
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Definition
| Formula for Schedule Variance |
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Term
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Definition
| This is the approved version of the time-phased project budget, excluding any management reserves, which can only be changed through formal change control procedures and is used as a basis for comparison to actual results. |
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Term
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Definition
| These are quantitative assessments of the probably costs required to complete project work. |
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Term
| Analogous Cost Estimating |
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Definition
| This type of cost estimating is typically less costly and time consuming than other techniques but also generally less accurate. |
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Term
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Definition
| The process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. |
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Term
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Definition
| This is a component of the project management plan and describes how the project costs will be planned, structured, and controlled. |
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Term
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Definition
| The process of developing an approximation of the monetary resources needed to complete project activities. |
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Term
Plan Cost Management
Planning -- Cost |
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Definition
| The process that establishes the policies, procedures, and documentation for planning, managing expending, and controlling project costs. |
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Term
Project Cost Management
Cost -- |
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Definition
| Includes the processes in planning, estimating, budgeting, financing, funding, managing and controlling costs so that the project can be completed with the approval budget. |
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Term
Control Costs
Cost -- Monitoring and Controlling |
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Definition
| The process of monitoring the status of the project costs and managing changes to the cost baseline. |
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Term
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Definition
| This examines project performance overtime to determine whether performance is improving or deteriorating. |
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Term
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Definition
| These measure, compare, and analyze schedule performance such as actual start and finish fates, percent complete, and remaining duration for work in progress. |
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Term
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Definition
| An output of a schedule model that presents linked activities with planned dates, durations, milestones, and resources. |
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Term
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Definition
| This is a technique used to shorten the duration for the least incremental cost by adding resources. |
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Term
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Definition
| This is a schedule compression technique in which activities or phases normally done in sequence are performed in parallel for at least a portion of their duration. |
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Term
|
Definition
| This is the approved version of a schedule model that can be changed only though formal change control procedures and is used as a basis for comparison to actual results. |
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Term
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Definition
| This is a technique that adjusts the activities of a project schedule model such that the requirements for resources on the project do not exceed certain predefined resource limits. |
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Term
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Definition
| This is a technique in which start and finish dates are adjusted based on resource constraints with the goal of balancing demand for resources with avaible supply. |
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Term
"CCM"
Critical Chain Method |
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Definition
| These are placed at each point where a chain of department activities that are not on the critical chain feeds into the critical chain. |
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Term
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Definition
| A buffer placed at the end of the critical chain which protects the target finish date from slippage along the critical chain. |
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Term
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Definition
| This is normally characterized by zero total float. |
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Term
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Definition
| The schedule flexibility measured by the amount of time that a schedule activity can be delayed or extended from its early start date without delaying the project finish date or violating a schedule constraint. |
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Term
tE = t0 + 4tM + tP
-------------
6 |
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Definition
| Formula for Beta Distribution |
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Term
tE = tO + tM + tP
------------
3 |
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Definition
| Formula for Triangular Distribution |
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Term
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Definition
| These are a specified amount of the project duration withheld for management control purposes and are reserved for unforeseen work that is within scope of the project; these are intended to address the "unknown-unknowns" that can affect a project. |
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Term
"PERT"
Three-Point Estimating/ Program Evaluation and Review Technique |
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Definition
| This technique uses three estimates to define an approximate range for an activity's duration: Most likely, optimistic and pessimistic. |
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Term
|
Definition
| This is an estimating technique in which an algorithm is used to calculate cost or duration based on historical data and project parameters. |
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Term
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Definition
| This is a technique for estimating the duration or cost of an activity or a project using historical data from a similar activity or project. |
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Term
| Resource Breakdown Structure |
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Definition
| A hierarchical representation of resources by category and type. |
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Term
| Activity Resource Requirements |
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Definition
| These identify the types and quantities of resources required for each activity in a work package. |
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Term
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Definition
| This is a method of estimating project duration or cost by aggregating the estimates of a lower-level components of the WBS. |
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Term
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Definition
| This is a calendar that identifies the working days and shifts on which each specific resources is available. |
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Term
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Definition
| This is the amount of time whereby a successor activity will be delayed with respect to a predecessor activity. |
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Term
|
Definition
| These dependencies involve a procedure relationship between project activities and are generally inside a project team's control. |
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Term
|
Definition
| These dependencies involve a relationship between project activities and non-project activities, and are usually outside of the project team's control. |
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Term
| Discretionary/Preferred Logic/Preferential Logic/Soft Logic (Dependencies) |
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Definition
| These are dependencies based on knowledge of best practices within a particular application area or some unusual aspect of the project where a specific sequence is desired, even through there may be other acceptable sequences. |
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Term
|
Definition
| The amount of time whereby a successor activity can be advanced with respect to a predecessor activity. |
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Term
| Mandatory or Hard Logic Dependencies |
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Definition
| Dependencies that are legally or contractually required or interest in the nature of the work. |
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Term
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Definition
| A logical relationship in which a successor activity cannot finish until a predecessor activity has started. |
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Term
|
Definition
| A logical relationship in which a successor activity cannot start until a predecessor activity has started. |
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Term
|
Definition
| A logical relationship in which a successor activity cannot start until a predecessor activity has finished. |
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Term
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Definition
| A logical relationship in which a successor activity cannot finish until a predecessor activity has finished. |
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Term
"PDM"
Precedence Diagraming Method |
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Definition
| A technique used for constructing a schedule model in which activities are represented by nodes and are graphically linked by one or more logical relationships to show the sequence in which the activities are to be performed. |
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Term
|
Definition
| A significant point or event in a project. These have zero duration. |
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Term
|
Definition
| These are distinct from milestones, have durations, during which the work is performed, and may have resources and costs associated with that work. |
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Term
|
Definition
| This is an iterative planning technique in which the work to be accomplished in the near term is planned in detail while the work in the future is planned at a higher level. It is a form of progressive elaboration. |
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Term
|
Definition
| This is a comprehensive list that includes all schedule activities required on the project. |
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Term
|
Definition
| A component of the project management plan that establishes the criteria and the activities for developing, monitoring, and controlling the schedule. |
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Term
|
Definition
| The process of analyzing activity sequences, durations, resource assignments, and schedule constraints to create the project schedule model. |
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Term
Define Activities
Time -- Planning |
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Definition
| The process of identifying and documenting the specific actions to be performed to produce the project deliverables. |
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Term
Estimate Activity Durations
Time -- Planning |
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Definition
| The process of estimating the number of work periods needed to complete individual activities with estimated resources. |
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Term
Project Time Management
Time |
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Definition
| This includes the process required to manage the timely completion of the project. |
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Term
Plan Schedule Management
Time -- Planning |
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Definition
| The process of establishing the policies, procedures, and documentation for planning, developing, managing, executing, and controlling the project schedule. |
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Term
Control Schedule Activities
Monitoring and Controlling -- Time |
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Definition
| The process of monitoring the status of project activities to update project progress a manage changes to the schedule baseline to achieve the plan. |
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Term
Sequence Activities
Time -- Planning |
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Definition
| The process of identifying and documenting relationships among the project activities. |
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Term
Estimate Activity Resources
Time -- Planning |
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Definition
| The process of estimating the type and quantities of material, human resources, equipment, or supplies required to perform each activity. |
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Term
Manage Project Team
HR Executing |
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Definition
| This is the process of tracking team member performances, providing feedback, resolving issues, and managing changes to optimize project performance. |
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Term
|
Definition
| A technique for determining the cause and degree of difference between the baseline and actual performance. |
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Term
|
Definition
| The uncontrolled expansion to product or project scope without adjustments to time, cost, and resources. |
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Term
|
Definition
| This includes activities such as measuring, examining and validating to determine whether work and deliverables meet requirements and product acceptance criteria. |
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Term
|
Definition
| A method of obtaining early feedback on requirements by providing a working model of the expected product before actually building it. |
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Term
|
Definition
| A technique used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts. |
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Term
|
Definition
| The planned work contained in the lowest level of WBS components. |
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Term
"WBS"
Work Breakdown Structure |
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Definition
| A hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives and create the required deliverables. |
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Term
| Requirements Traceability Matrix |
|
Definition
| A grid that links the product requirements from their origin to the deliverables that satisfy them. |
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Term
|
Definition
| This involves comparing actual or planned practices, such as processes and operations, to those comparable organizations to identify best practices, generate ideas for improvement, and provide a basis for measuring performance. |
|
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Term
|
Definition
| A technique in which ideas create through individual brainstorming sessions are consolidated info a single map to reflect commonality and differences in understanding, and generate new ideas. |
|
|
Term
|
Definition
| A technique that allows large numbers of ideas to be classified into groups for review and analysis. |
|
|
Term
|
Definition
| A technique used to generate and collect multiple ideas related to project and product requirements. |
|
|
Term
|
Definition
| A formal or informal approach to elicit information from stakeholders by talking to them directly. |
|
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Term
|
Definition
| Focused sessions that bring key stakeholders together to define product requirements. |
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Term
| Functional Solution Requirements |
|
Definition
| These describe the behaviors of the product, such as processes, data, and interactions with the product. |
|
|
Term
|
Definition
| These describe the actions, processes, or other conditions the project needs to meet. |
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Term
|
Definition
| These describe temporary capabilities such as data conversion and training requirements, needed to transition from current "as-is" state to the future "to-be" state. |
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|
Term
|
Definition
| These describe the higher-level needs of the organization as a whole, such as the business issues or opportunities, and reasons why a project has been undertaken. |
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Term
|
Definition
| These describe the needs of a stakeholder or stakeholder group. |
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Term
| Requirements Management Plan |
|
Definition
| A component of the project management plan that describes how requirements will be analyzed, documented, and managed. |
|
|
Term
|
Definition
| The work performed to deliver a product, service, or result with the specified features and functions. The term is sometimes viewed as including product scope. |
|
|
Term
Validate Scope
Monitoring and Controlling -- Scope |
|
Definition
| The process of formalizing acceptance of the completed project deliverables. |
|
|
Term
|
Definition
| The features and functions that characterize a product, service, or result. |
|
|
Term
Define Scope
Planning -- Scope |
|
Definition
| The process of developing a detailed description of the project and product. |
|
|
Term
Project Scope Management
Scope |
|
Definition
| This includes the processes required to ensure that the project include all the work required, and only the work required, to complete the project successfully. |
|
|
Term
Create WBS
Planning -- Scope |
|
Definition
| The process of subdividing project deliverables and project work into smaller, more manageable components. |
|
|
Term
Control Scope
Monitoring and Controlling -- Scope |
|
Definition
| The process of monitoring the status of the project and product scope and managing changes to the scope baseline. |
|
|
Term
Plan Scope Management
Planning -- Scope |
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Definition
| The process of creating a scope management plan that documents how the project scope will be defined, validated, and controlled. |
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Term
Collect Requirements
Planning -- Scope |
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Definition
| The process of determining, documenting, and managing stakeholder needs and requirements to meet project objectives. |
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Term
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Definition
| This is the approved version of the project scope statement, work breakdown structure, and its associated WBS dictionary. |
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Term
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Definition
| This includes collecting, measuring, and distributing performance information, and assessing measurements and trends to effect process improvements. |
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Term
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Definition
| Any unique and verifiable product, result, or capability to perform a service that is required to be produced to complete a process, phase, or project. |
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Term
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Definition
| An intentional activity to modify a non-conforming product or product component. |
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Term
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Definition
| An intentional activity that realigns the performance of the project work with the project management plan. |
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Term
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Definition
| This defines how the project is executed, monitored and controlled, and closed. |
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Term
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Definition
| This describes the necessary information from a business standpoint to determine whether or not the project is work the required investment. |
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Term
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Definition
Should be authored by the sponsoring entity; provides the project manager with the authority to plan and execute the project.
It is recommended that the project manager participate in its development to obtain a foundational understanding of the project requirements. |
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Term
Project Integration Management
Integration |
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Definition
| Includes the processes and activities to identify, define, combine, unify, and coordinate the various processes and project management activities within the project management process groups. |
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Term
Perform Integrated Change Control
Monitoring and Controlling -- Integration |
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Definition
| The process of reviewing all change requests; approving changes and managing changes to deliverables, organizational process assets, project documents, and the project management plan; and communicating their disposition. |
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Term
Develop Project Charter
Initiating -- Integration |
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Definition
| The process of developing a document that formally authorizes the existence of a project and provides the project manager with the authority to apply organizational resources to project activities. |
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Term
Direct and Manage Project Work
Executing -- Integration |
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Definition
| The process of leading and performing the work defined in the project management plan and implementing approved changes to achieve the projects' objectives. |
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Term
Close Phase or Project
Closing -- Integration |
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Definition
| The Process of finalizing all activities across all of the project management process groups to formally complete the phase or project. |
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Term
Develop Project Management Plan
Planning -- Integration |
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Definition
| The process of defining, preparing, and coordinating all subsidiary plans and integrating them into a comprehensive project management plan. |
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Term
Monitor and Control Project Work
Monitoring and Controlling -- Integration |
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Definition
| The process of tracking, reviewing, and reporting project progress against the performance objectives defined in the project management plan. |
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Term
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Definition
| The raw observations and measurements identified during activities performed to carry out the project work. |
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Term
| Work Performance Information |
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Definition
| The performance data collected from various controlling processes, analyzed in context and integrated based on relationships across areas. |
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Term
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Definition
| Integration, Scope, Time, Cost, Quality, HR, Communications, Risk, Procurement, and Stakeholder. |
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Term
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Definition
| The physical or electronic representation of work performance information complied in project documents, intended to generate decisions or raise issues, actions, or awareness. |
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Term
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Definition
| This process group, when completed, verifies that the defined processes are completed within all of the process groups to close the project or a project phase, as appropriate, and formally establishes that the project or project phase is complete. |
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Term
| Monitoring and Controlling Process Group |
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Definition
| The key benefit of this process group is that project performance is measured and analyzed at regular intervals, appropriate events, or exception conditions to identify variances from the project management plan. |
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Term
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Definition
| This process group involves coordinating people and resources, managing stakeholder expectations, as well as integrating and performing the activities of the project in accordance with the project management plan. |
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Term
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Definition
| The key benefit of this process group is to delegate the strategy and tactics as well as the course of action or path to successfully complete the project or phase. |
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Term
| Project Management Plan and Project Documents |
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Definition
| These are developed as outputs from the planning process group and explore all aspects of the scope, time, cost, quality, communications, HR, risks, procurements, and stakeholder engagements. |
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Term
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Definition
| The processes performed to completed the work defined in the project management plan to satisfy the project specifications. |
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Term
| Monitoring and Controlling Process Group |
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Definition
| The process required to track, review, and regulate, the progress and performance of the project; identify any areas in which changes to the plan are required and initiate the corresponding changes. |
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Term
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Definition
| The process performed to finalize all activities across all process groups to formally close the process or phase. |
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Term
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Definition
| The process required to establish the scope of the project, refine the objectives, and define the course of action required to attain the objectives that the project was undertaken to achieve. |
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Term
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Definition
| This may be used as a resource in managing a project while considering the overall approach and methodology to be filled for the project. |
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Term
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Definition
| A set of interrelated actions and activities preferred to create a per-specified product, service, or result. |
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Term
| Adaptive/ Change-driven/Agile Methods (life cycle) |
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Definition
| Life cycles which are intended to respond to high levels of change and ongoing stakeholder involvement. |
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Term
| Iterations/Incremental (life cycles) |
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Definition
| Life cycles in which project phases (also called iterations) intentionally repeat one or more project activities as the project teams' understanding of the project increases. |
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Term
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Definition
| Life cycles in which the project scope and the time and cost required to deliver the scope are determined as early in the project life cycle as possible. |
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Term
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Definition
| Includes the project manager and the group of individuals who act together in performing the work of the project to achieve its objectives. |
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Term
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Definition
| An oversight function that is aligned with the organizations governance model and that encompasses the project life cycle. |
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Term
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Definition
| Internal Stakeholders who are affected by the activities of the project team. |
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Term
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Definition
| External organizations that have a special relationship with the enterprise, sometimes attained though a certification process. |
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Term
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Definition
| Key individuals who play a management role within an administrative or functional area of the business, such as HR, finance, accounting, or procurement. |
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Term
| Sellers/Venders/Suppliers/Contractors |
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Definition
| External companies that enter into a contractual agreement to provide components or services necessary for a project. |
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Term
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Definition
| The persons or organizations who will approve and manage the projects' product, service, or result. |
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Term
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Definition
| The persons or organizations who will use the projects' product, service, or result. |
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Term
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Definition
| The group or person who provides resources and support for the project and is accountable for enabling success. |
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Term
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Definition
| The alignment of a project with stakeholders' needs or objectives. |
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Term
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Definition
| An individual, group, or organization who may affect, be affected, or perceive itself affected by a decision, activity, or outcome of a project. |
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Term
"OPAs"
Organizational Process Assets |
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Definition
| Plans, processes, procedures, policies an knowledge bases specific to and used by the performing organization. |
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Term
| Control Stakeholder Engagement |
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Definition
| This is the process of monitoring overall project stakeholder relationships and plans for engaging stakeholders. |
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Term
Identify Stakeholders
Stakeholder -- Initiating |
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Definition
| This is the process of identifying the people, groups, or organizations that could impact or be impacted by a decision, activity, or outcome of the project; and analyzing and documenting relevant information regarding their interests, involvement, interdependencies, influence, and potential impact on project success. |
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Term
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Definition
| Systematic arrangements of entities (persons and/or departments) aimed at accomplishing a purpose, which way involve undertaking projects. |
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Term
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Definition
| The person assigned by the performing organization to lead the team that is responsible for achieving the project objectives. |
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Term
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Definition
| Ongoing endeavors that produce repetitive outputs, with resources assigned to do basically the same set of tasks according to the standard institutionalized in a product life cycle. |
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Term
| Controlling PMO Structure |
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Definition
Provide support and require compliance through various means. Compliance may involve adapting project management frameworks or methodologies, asking specific templates, forms and tools, or conferencing to governance.
The degree of control provided by the PMO is moderate. |
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Term
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Definition
Provides a consultative role to projects by supplying templates, best practices, training, access to information, and lessons learned from other projects.
Degree of control provided by the PMO is low. |
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Term
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Definition
| A temporary endeavor undertaken to create a unique product, service, or result. |
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Term
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Definition
The control of projects by directly managing the project.
The degree of control provided by the PMO is high. |
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Term
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Definition
| The centralized management of one ore more portfolios to achieve strategic objectives. |
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Term
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Definition
| A group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually. |
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Term
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Definition
| The application of knowledge, skills, tools and techniques to a program in order to meet the program requirements, and to obtain benefits and control not available by manageing projects individually. |
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Term
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Definition
| Project, programs sub portfolios and operations managed as a group to achieve strategic objectives. |
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Term
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Definition
| Involves continuously improving and detailing a plan as more detailed and specific information and more accurate estimates become available. |
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Term
"OPM"
Organizational Project Management |
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Definition
| A strategy execution framework utilizing project, program, and portfolio management as well as organizational enabling practices to consistently and predictably deliver performance, better results, and a sustainable competitive advantage. |
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Term
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Definition
| The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements. |
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Term
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Definition
Means that there is general agreement that the application of knowledge, skills, tools and techniques can enhance the chances of success over many projects.
Does not mean that the knowledge described should always be applied uniformly to all projects; the organization and/or PM team is responsible for determining what is appropriate for any given project. |
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Term
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Definition
| A formal document that describes established norms, methods, processes, and practices. |
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Term
SPI < 1 : under performed (not enough)
Earned Value < Planned Value
SPI > 1 : Extra Work completed (too much)
Earned Value > Planned Value |
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Definition
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Term
CPI < 1 :
Earned Value 1 :
Earned Value > Actual Cost (surplus)
Bang for your buck |
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Definition
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