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    Glossary

    Acceptance

    Criteria.Asetofconditionsthatmustbemetbeforedeliverablesareaccepted.

    AcceptedDeliverables. Products, results, or capabilities produced by a project and validated by the

    projectcustomerorsponsorsasmeetingtheirspecifiedacceptancecriteria.

    Accuracy.Withinthequalitymanagementsystem,accuracyisanassessmentofcorrectness.

    AcquireProjectTeam.Theprocessofconfirminghuman resourceavailabilityandobtaining the team

    necessarytocompleteprojectassignments.

    Acquisition. Obtaining human and material resources necessary to perform project activities.

    Acquisitionimpliesacostofresources,notnecessarilyfinancial.

    Activity.Adistinct,scheduledportionofworkperformedduringthecourseofaproject.

    Activity Attributes. Multiple attributes associated with each schedule activity that can be included

    within the activity list. Activity attributes include activity codes, predecessor activities, successor

    activities, logicalrelationships, leadsand lags,resourcerequirements, imposeddates,constraints,and

    assumptions.

    ActivityCode.Oneormorenumericalortextvaluesthatidentifycharacteristicsoftheworkorinsome

    waycategorizethescheduleactivitythatallowsfilteringandorderingofactivitieswithinreports.

    ActivityCost

    Estimates.

    The

    projected

    cost

    of

    the

    schedule

    activity

    that

    includes

    the

    cost

    for

    all

    resourcesrequiredtoperformandcompletetheactivity,includingallcosttypesandcostcomponents.

    ActivityDuration.Thetimeincalendarunitsbetweenthestartandfinishofascheduleactivity.Seealso

    duration.

    ActivityDurationEstimate.Aquantitativeassessmentofthelikelyamountoroutcomefortheduration

    ofanactivity.

    Activity Identifier.A shortuniquenumericor text identificationassigned toeach scheduleactivity to

    differentiatethatprojectactivityfromotheractivities.Typicallyuniquewithinanyoneprojectschedule

    networkdiagram.

    ActivityList.Adocumentedtabulationofscheduleactivitiesthatshowstheactivitydescription,activity

    identifier,anda sufficientlydetailed scopeofworkdescription soproject teammembersunderstand

    whatworkistobeperformed.

    ActivityNetworkDiagrams.Seeprojectschedulenetworkdiagram.

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    ActivityResourceRequirements.The typesandquantitiesofresourcesrequired foreachactivity ina

    workpackage.

    ActualCost(AC).Therealizedcostincurredfortheworkperformedonanactivityduringaspecifictime

    period.

    ActualDuration.Thetime incalendarunitsbetweentheactualstartdateofthescheduleactivityand

    eitherthedatadateoftheprojectschedule, ifthescheduleactivity is inprogress,ortheactual finish

    date,ifthescheduleactivityiscomplete.

    AdaptiveLifeCycle.Aprojectlifecycle,alsoknownaschangedrivenoragilemethods,thatisintended

    tofacilitatechangeandrequireahighdegreeofongoingstakeholder involvement.Adaptive lifecycles

    arealso iterativeand incremental,butdiffer in that iterationsarevery rapid (usually2 to4weeks in

    length)andarefixedintimeandresources.

    AdditionalQualityPlanningTools.Asetoftoolsthatareusedtodefinethequalityrequirementsandto

    planeffective

    quality

    management

    activities.

    They

    include,

    but

    are

    not

    limited

    to:

    brainstorming,

    force

    fieldanalysis,nominalgrouptechniques,andqualitymanagementandcontroltools.

    Adjusting Leads and Lags.A technique that isused to findways tobringproject activities that are

    behindintoalignmentwithplanduringprojectexecution.

    Advertising.Theprocessofcallingpublicattentiontotheprojectoreffort.

    AffinityDiagram.Agroupcreativitytechniquethatallows largenumbersof ideastobeclassified into

    groupsforreviewandanalysis.

    Agreements.Anydocumentorcommunicationthatdefinesthe initial intentionsofaproject. Thiscan

    take the form of a contract, amemorandum of understanding (MOU), letters of agreement, verbal

    agreements,email,etc.

    AlternativeAnalysis.Atechniqueusedtoevaluateidentifiedoptionsinordertoselectwhichoptionsor

    approachestousetoexecuteandperformtheworkoftheproject.

    AlternativesGeneration.Atechniqueusedtodevelopasmanypotentialoptionsaspossibleinorderto

    identifydifferentapproachestoexecuteandperformtheworkoftheproject.

    AnalogousEstimating.Atechniqueforestimatingthedurationorcostofanactivityoraprojectusing

    historical

    data

    from

    a

    similar

    activity

    or

    project.

    Analytical Techniques.Various techniquesused to evaluate, analyze,or forecastpotentialoutcomes

    basedonpossible variationsofprojectorenvironmental variablesand their relationshipswithother

    variables.

    ApplicationArea.Acategoryofprojectsthathavecommoncomponentssignificantinsuchprojects,but

    arenotneededorpresent inallprojects.Applicationareasareusuallydefined in termsofeither the

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    product (i.e., by similar technologies or productionmethods) or the type of customer (i.e., internal

    versusexternal,governmentversuscommercial)orindustrysector(i.e.,utilities,automotive,aerospace,

    informationtechnologies,etc.).Applicationareascanoverlap.

    ApplyingLeadsandLags.Atechniquethat isusedtoadjusttheamountoftimebetweenpredecessor

    andsuccessor

    activities.

    ApportionedEffort.Anactivitywhereeffort isallottedproportionatelyacrosscertaindiscreteefforts

    andnotdivisibleintodiscreteefforts.(Note:OneofthreeEVMtypesofactivitiesusedtocalculatecost.)

    ApprovedChangeRequests.Achangerequestthathasbeenprocessedthroughtheintegratedchange

    controlprocessandapproved.

    Approved Change Requests Review. Reviewing the change requests to verify that they were

    implementedasapproved.

    Assumption.Afactorintheplanningprocessthatisconsideredtobetrue,realorcertain,withoutproof

    ordemonstration.

    AssumptionsAnalysis.Atechniquethatexplorestheaccuracyofassumptionsandidentifiesriskstothe

    projectfrominaccuracy,inconsistency,orincompletenessofassumptions.

    AttributeSampling.Methodofmeasuringqualitythatconsistsofnoting thepresence(orabsence)of

    somecharacteristic(attribute)ineachoftheunitsunderconsideration.Aftereachunitisinspected,the

    decisionismadetoacceptalot,rejectitortoinspectanotherunit.

    Authority.Therighttoapplyprojectresources,expendfunds,makedecisions,orgiveapprovals.

    BackwardPass.

    A

    Critical

    Path

    Method

    technique

    for

    calculating

    the

    late

    start

    and

    late

    finish

    dates

    by

    workingbackwardthroughtheschedulemodelfromtheprojectenddate.

    Baseline. The approved versionof aworkproduct that canbe changedonly through formal change

    controlproceduresandisusedasabasisforcomparison.

    Basis of Estimates. Supporting documentation outlining the details used in establishing project

    estimatessuchasassumptions,constraints,levelofdetail,ranges,andconfidencelevels.

    Benchmarking.The comparisonofactualorplannedpractices, such asprocessesandoperations, to

    those of comparable organizations to identify best practices, generate ideas for improvement, and

    provideabasis

    for

    measuring

    performance.

    BidderConference.Themeetingswithprospectivesellerspriortothepreparationofabidorproposal

    toensureallprospectivevendorshaveaclearand commonunderstandingof theprocurement.Also

    knownascontractorconferences,vendorconferences,orprebidconferences.

    BottomUpEstimating.Amethodofestimatingprojectdurationorcostbyaggregatingtheestimatesof

    thelowerlevelcomponentsoftheWBS.

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    Brainstorming.A general data gathering and creativity technique that can be used to identify risks,

    ideas,orsolutionstoissuesbyusingagroupofteammembersorsubjectmatterexperts.

    Budget.The approvedestimate for theprojector anyworkbreakdown structure componentorany

    scheduleactivity.

    BudgetatCompletion(BAC).Thesumofallbudgetsestablishedfortheworktobeperformed.

    Buffer.Seereserve.

    BusinessCase.Adocumentedeconomic feasibilitystudyusedtoestablishvalidityofthebenefitsofa

    selected component lacking sufficient definition and that is used as a basis for the authorization of

    furtherprojectmanagementactivities.

    Business Value. A concept that is unique to each organization and includes tangible and intangible

    elements. Through the effective use of project, program, and portfolio management disciplines,

    organizations will possess the ability to employ reliable, established processes to meet enterprise

    objectivesandobtaingreaterbusinessvaluefromtheirinvestments.

    Buyer.Theacquirerofproducts,services,orresultsforanorganization.

    CauseandEffectDiagram.Adecompositiontechniquethathelpstraceanundesirableeffectbacktoits

    rootcause.

    CentralTendency.ApropertyoftheCentralLimitTheorempredicting thatthedataobservations ina

    distributionwilltendtogrouparoundacentrallocation.Thethreetypicalmeasuresofcentraltendency

    arethemean,themedian,andthemode.

    ChangeControl.

    A

    process

    whereby

    modifications

    to

    documents,

    deliverables,

    or

    baselines

    associated

    withtheprojectareidentified,documented,approved,orrejected.

    Change Control Board (CCB). A formally chartered group responsible for reviewing, evaluating,

    approving,postponing,orrejectingchangestotheproject,andforrecordingandcommunicatingsuch

    decisions.

    Change Control System. A set of procedures that describes how modifications to the project

    documentation,deliverables,andbaselinesaremanagedandcontrolled.

    ChangeControlTools Manual or automated tools to assist with change and/or configuration

    management.At

    aminimum,

    the

    tools

    should

    support

    the

    activities

    of

    the

    CCB.

    ChangeLog.Acomprehensive listofchangesmadeduringtheproject. Thistypically includesdatesof

    thechangeandimpactsintermsoftime,cost,andrisk.

    ChangeRequest.Aformalproposaltomodifyanydocument,deliverable,orbaseline.

    Charter.Seeprojectcharter.

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    Checklist Analysis. A technique of systematically reviewing materials using a list for accuracy and

    completeness.

    Checksheets.Atallysheetthatcanbeusedasachecklistwhengatheringdata.

    Claim. A request, demand, or assertion of rights by a seller against a buyer, or vice versa, for

    consideration,compensation,orpaymentunder the termsofa legallybindingcontract,suchas fora

    disputedchange.

    ClaimsAdministration.Theprocessofprocessing,adjudicatingandcommunicatingcontractclaims.

    CloseProcurements.Theprocessofcompletingeachprojectprocurement.

    Close Project or Phase. The process of finalizing all activities across all of the ProjectManagement

    ProcessGroupstoformallycompletetheprojectorphase.

    Closed Procurements. Project contracts or other procurement agreements that have been formally

    acknowledgedby

    the

    proper

    authorizing

    agent

    as

    being

    finalized

    and

    signed

    off.

    ClosingProcessGroup.ThoseprocessesperformedtofinalizeallactivitiesacrossallProcessGroupsto

    formallyclosetheprojectorphase.

    Code of Accounts. A numbering system used to uniquely identify each component of the work

    breakdownstructure.

    CollectRequirements.Theprocessofplanning for,defining,anddocumentingstakeholdersneeds to

    meettheprojectobjectives.

    Colocation.An

    organizational

    placement

    strategy

    where

    the

    project

    team

    members

    are

    physically

    located close to one another in order to improve communication, working relationships, and

    productivity.

    CommunicationConstraints.Restrictionsonthecontent,timing,audience,orindividualwhowilldeliver

    acommunicationusuallystemmingfromspecificlegislationorregulation,technology,ororganizational

    policies.

    CommunicationMethods.Asystematicprocedure,technique,orprocessusedtotransfer information

    amongprojectstakeholders.

    CommunicationModels.

    A

    description,

    analogy,

    or

    schematic

    used

    to

    represent

    how

    the

    communicationprocesswillbeperformedfortheproject.

    CommunicationRequirementsAnalysis.Ananalyticaltechniquetodeterminetheinformationneedsof

    the project stakeholders through interviews, workshops, study of lessons learned from previous

    projects.etc.

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    Communication Technology. Specific tools, system, computer programs etc. used to transfer

    informationamongprojectstakeholders.

    CommunicationsManagementPlan.Acomponentof theproject,program,orportfoliomanagement

    plan thatdescribeshow,when,andbywhom informationabouttheprojectwillbeadministeredand

    disseminated.

    Compliance.Ageneral conceptof conforming toa rule, standard, law,or requirement such that the

    assessmentofcomplianceresultsinabinomialresultstatedascompliantornoncompliant.

    ConductProcurements.Theprocessofobtaining seller responses, selecting a seller,andawarding a

    contract.

    ConfigurationManagement System.A subsystemof the overall projectmanagement system. It is a

    collectionof formaldocumentedproceduresused toapply technicalandadministrativedirectionand

    surveillance to: identifyanddocument the functionalandphysicalcharacteristicsofaproduct, result,

    service,or

    component;

    control

    any

    changes

    to

    such

    characteristics;

    record

    and

    report

    each

    change

    and

    its implementation status; and support the audit of the products, results, or components to verify

    conformance to requirements. It includes thedocumentation, tracking systems,anddefinedapproval

    levelsnecessaryforauthorizingandcontrollingchanges.

    ConflictManagement.Handling,controllingandguidingaconflictualsituationtoachievearesolution.

    Conformance.Withinthequalitymanagementsystem,conformance isageneralconceptofdelivering

    resultsthatfallwithinthelimitsthatdefineacceptablevariationforaqualityrequirement.

    ConformanceWork. In the costofquality framework, conformancework isdone to compensate for

    imperfectionsthat

    prevent

    organizations

    from

    completing

    planned

    activities

    correctly

    as

    essential

    first

    timework.Conformanceworkconsistsofactionsthatarerelatedtopreventionandinspection.

    Constraint.An internalor external restrictionor limitation thataffects the executionof aprojector

    process.

    Context Diagrams. A visual depiction of the product scope showing a business system (process,

    equipment,computersystem,etc.),andhowpeopleandothersystems(actors)interactwithit.

    Contingency. An event or occurrence that could affect the execution of the project that may be

    accountedforwithareserve.

    ContingencyAllowance.Seereserve.

    ContingencyReserve.Budgetwithin the costbaselineorperformancemeasurementbaseline that is

    allocated for identified risks that are acceptedand forwhich contingentormitigating responses are

    developed.

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    ContingentResponse Strategies.Reponsesprovidedwhichmaybeused in the event that a specific

    triggeroccurs.

    Contract.Acontract isamutuallybindingagreementthatobligatesthesellertoprovidethespecified

    productorserviceorresultandobligatesthebuyertopayforit.

    Contract Change Control System. The system used to collect, track, adjudicate, and communicate

    changestoacontract.

    Control.Comparingactualperformancewithplannedperformance,analyzingvariances,andassessing

    trendstoeffect.

    Control Account. A management control point where scope, budget, actual cost, and schedule are

    integratedandcomparedtoearnedvalueforperformancemeasurement.

    ControlChart.Agraphicdisplayofprocessdataover timeandagainstestablishedcontrol limits,and

    thathasacenterlinethatassistsindetectingatrendofplottedvaluestowardeithercontrollimit.

    ControlCommunications.Theprocessofmonitoringandcontrollingofcommunicationsthroughoutthe

    entireprojectlifecycletoensuretheinformationneedsoftheprojectstakeholdersaremet.

    Control Costs. The process ofmonitoring the status of the project to update the project costs and

    managingchangestothecostbaseline.

    Control Limits. The area composedof three standarddeviationson either sideof the centerline,or

    mean,ofanormaldistributionofdataplottedonacontrolchartthatreflectstheexpectedvariationin

    thedata.Seealsospecificationlimits.

    ControlProcurements.

    The

    process

    of

    managing

    procurement

    relationships,

    monitoring

    contract

    performance,andmakingchangesandcorrectionsasneeded.

    ControlQuality.Theprocessofmonitoringand recording resultsofexecuting thequalityactivities to

    assessperformanceandrecommendnecessarychanges.

    ControlRisks. The process of implementing risk response plans, tracking identified risks,monitoring

    residualrisks,identifyingnewrisks,andevaluatingriskprocesseffectivenessthroughouttheproject.

    ControlSchedule.Theprocessofmonitoring thestatusof theproject toupdateprojectprogressand

    managingchangestotheschedulebaseline.

    ControlScope.Theprocessofmonitoring the statusof theprojectandproduct scopeandmanaging

    changestothescopebaseline.

    ControlStakeholderEngagement.Theprocessof controllingoverallproject stakeholder relationships

    andadjustingstrategiesandplansforengagingstakeholders.

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    CorrectiveAction.An intentionalactivity that realigns theperformanceof theprojectworkwith the

    projectmanagementplan.

    CostAggregation.Summing the lower levelcostestimatesassociatedwith thevariousworkpackages

    foragivenlevelwithintheproject'sWBSorforagivencostcontrolaccount.

    CostBaseline. The approved versionof the timephasedprojectbudget, excluding anymanagement

    reserves,thatcanonlybechangedthroughformalchangecontrolproceduresandisusedasabasisfor

    comparisontoactualresults.

    CostManagementPlan.Acomponentofaprojectorprogrammanagementplanthatdescribeshowthe

    projectcostswillbeplanned,structured,monitored,andcontrolled.

    CostofQuality.Amethodofdeterminingthecostsincurredtoensurequality.Preventionandappraisal

    costs (cost of conformance) include costs for quality planning, quality control (QC), and quality

    assurancetoensurecompliancetorequirements(i.e.,training,QCsystems,etc.).Failurecosts(costof

    nonconformance)include

    costs

    to

    rework

    products,

    components,

    or

    processes

    that

    are

    noncompliant,

    costsofwarrantyworkandwaste,andlossofreputation.

    CostPerformanceIndex(CPI).Ameasureofthecostefficiencyofbudgetedresourcesexpressedasthe

    ratioofearnedvaluetoactualcost.

    CostPlusAwardFeeContracts (CPAF).A categoryof contract involvespayments to the seller forall

    legitimateactualcostsincurredforcompletedwork,plusanawardfeerepresentingsellerprofit.

    CostPlusFixedFeeContract(CPFF).Atypeofcostreimbursablecontractwherethebuyerreimburses

    the seller for the sellers allowable costs (allowable costs are defined by the contract) plus a fixed

    amountof

    profit

    (fee).

    Cost Plus Incentive Fee Contract (CPIF). A type of costreimbursable contract where the buyer

    reimbursesthesellerforthesellersallowablecosts(allowablecostsaredefinedbythecontract),and

    thesellerearnsitsprofitifitmeetsdefinedperformancecriteria.

    CostVariance(CV).Theamountofbudgetdeficitorsurplusatagivenpoint intime,expressedasthe

    differencebetweentheearnedvalueandtheactualcost.

    CostBenefitAnalysis.A financialanalysis toolused todetermine thebenefitsprovidedby aproject

    againstitscosts.

    CostReimbursableContract.A typeofcontract involvingpayment to theseller for thesellersactual

    costs,plusafeetypicallyrepresentingsellersprofit.Costreimbursablecontractsoftenincludeincentive

    clauseswhere, if the sellermeetsorexceeds selectedprojectobjectives, suchas schedule targetsor

    totalcost,thenthesellerreceivesfromthebuyeranincentiveorbonuspayment.

    Crashing.Atechniqueusedtoshortenthescheduleduration forthe least incrementalcostbyadding

    resources.

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    Create WBS. The process of subdividing project deliverables and project work into smaller, more

    manageablecomponents.

    Criteria.Standards,rules,ortestsonwhichajudgmentordecisioncanbebased,orbywhichaproduct,

    service,result,orprocesscanbeevaluated.

    CriticalChainMethod.Aschedulemethodthatallowstheprojectteamtoplacebuffersonanyproject

    schedulepathtoaccountforlimitedresourcesandprojectuncertainties.

    Critical Path. The sequence of activities that represents the longest path through a project, which

    determinestheshortestpossibleduration.

    CriticalPathActivity.Anyactivityonthecriticalpathinaprojectschedule.

    CriticalPathMethod.Amethodused toestimate theminimumprojectduration anddetermine the

    amountofschedulingflexibilityonthelogicalnetworkpathswithintheschedulemodel.

    Customer.The

    person(s)

    or

    organization(s)

    that

    will

    pay

    for

    the

    projects

    product,

    service

    or

    result.

    Customerscanbeinternalorexternaltotheperformingorganization.

    CustomerSatisfaction.Withinthequalitymanagementsystem,astateoffulfillmentinwhichtheneeds

    of a customer are met or exceeded for the customers expected experiences as assessed by the

    customeratthemomentofevaluation.

    DataDate.Apointintimewhenthestatusoftheprojectisrecorded.

    DataGathering andRepresentation Techniques. Projects to collect, organize, and present data and

    information.

    DecisionTreeAnalysis.Adiagrammingand calculation technique forevaluating the implicationsofa

    chainofmultipleoptionsinthepresenceofuncertaintywiththegoalofachievingadesiredoutcome.

    Decomposition. A technique used for dividing and subdividing the project scope and project

    deliverablesintosmaller,moremanageableparts.

    Defect.Animperfectionordeficiencyinaprojectcomponentwherethatcomponentdoesnotmeetits

    requirementsorspecificationsandneedstobeeitherrepairedorreplaced.

    DefectRepair.Anintentionalactivitywhosepurposeistocorrectanonconformingproductorproduct

    component.

    DefineActivities.Theprocessofidentifyingthespecificactionstobeperformedtoproducetheproject

    deliverables.

    DefineScope.Theprocessofdevelopingadetaileddescriptionoftheprojectandproduct.

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    Deliverable.Anyuniqueandverifiableproduct,result,orcapabilitytoperformaservicethatmustbe

    producedtocompleteaprocess,phase,orproject.

    DelphiTechnique.Aninformationgatheringtechniqueusedasawaytoreachaconsensusofexpertson

    a subject. Experts on the subject participate in this technique anonymously. A facilitator uses a

    questionnaireto

    solicit

    ideas

    about

    the

    important

    project

    points

    related

    to

    the

    subject.

    The

    responses

    are summarized and are then recirculated to the experts for further comment. Consensus may be

    reached inafewroundsofthisprocess.TheDelphitechniquehelpsreducebias inthedataandkeeps

    anyonepersonfromhavingundueinfluenceontheoutcome.

    Dependency.Seelogicalrelationship.DependencyDetermination.Atechniqueusedtoidentifythetypeofdependencythatisusedtocreate

    thelogicalrelationshipsbetweenpredecessorandsuccessoractivities.

    Design of Experiments. A statistical method for identifying which factors may influence specific

    variablesof

    aproduct

    or

    process

    under

    development

    or

    in

    production.

    Determine Budget. The process of aggregating the estimated costs of individual activities or work

    packagestoestablishanauthorizedcostbaseline.

    DevelopProjectCharter.Theprocessofdevelopingadocumentthatformallyauthorizestheexistence

    ofaprojectandprovidestheprojectmanagerwiththeauthority toapplyorganizational resourcesto

    projectactivities.

    DevelopProjectManagementPlan.Theprocessofdefining,preparing,andcoordinatingallsubsidiary

    planstointegratethemintoacomprehensiveprojectmanagementplan.

    DevelopProjectTeam.Theprocessof improving thecompetencies, team interaction,and theoverall

    teamenvironmenttoenhanceprojectperformance.

    DevelopSchedule.Theprocessofanalyzingactivitysequences,durations,resourcerequirements,and

    scheduleconstraintstocreatetheprojectschedulemodel.

    Diagramming Techniques. Approaches to presenting information with logical linkages that aid in

    understanding.

    Dictatorship.A groupdecisionmaking technique inwhichone individualmakes thedecision for the

    group.

    Direct and Manage Project Work. The process of performing the work defined in the project

    managementplantoachievetheprojectsobjectives.

    DiscreteEffort.Anactivitythatcanbeplannedandmeasuredandthatyieldsaspecificoutput.(Note:

    DiscreteeffortisoneofthreeEVMtypesofactivitiesusedtocalculatecost.)

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    Discretionary Dependency. A relationship that is established based on knowledge of best practices

    withinaparticularapplicationareaoranaspectoftheprojectwhereaspecificsequenceisdesired.

    Document Analysis. An elicitation technique that analyzes existing documentation and identifies

    informationrelevanttotherequirements.

    Documentation Reviews. The process of gathering a corpus of information and reviewing it to

    determineaccuracyandcompleteness.

    Duration(DUorDUR).Thetotalnumberofworkperiods(not includingholidaysorothernonworking

    periods) required to complete a schedule activity orwork breakdown structure component.Usually

    expressedasworkdaysorworkweeks.Sometimesincorrectlyequatedwithelapsedtime.Contrastwith

    effort.

    Early Finish Date (EF). In the Critical Path Method, the earliest possible point in time when the

    uncompletedportionsofascheduleactivitycan finishbasedon the schedulenetwork logic, thedata

    date,and

    any

    schedule

    constraints.

    Early Start Date (ES). In the Critical Path Method, the earliest possible point in time when the

    uncompletedportionsofa scheduleactivity can startbasedon the schedulenetwork logic, thedata

    date,andanyscheduleconstraints.

    EarnedValue (EV).Themeasureofworkperformedexpressed in termsof thebudgetauthorized for

    thatwork.

    Earned Value Management. A methodology that combines scope, schedule, and resource

    measurementstoassessprojectperformanceandprogress.

    Effort.Thenumberoflaborunitsrequiredtocompleteascheduleactivityorworkbreakdownstructure

    component,oftenexpressedinhours,days,orweeks.

    EmotionalIntelligence.Thecapabilitytoidentify,assess,andmanagethepersonalemotionsofoneself

    andotherpeople,aswellasthecollectiveemotionsofgroupsofpeople.

    EnterpriseEnvironmentalFactors.Internalorexternalconditions,notunderthecontroloftheproject

    team,thatinfluence,constrain,ordirecttheproject.

    Estimate.Aquantitativeassessmentofthe likelyamountoroutcome.Usuallyappliedtoprojectcosts,

    resources,

    effort,

    and

    durations

    and

    is

    usually

    preceded

    by

    a

    modifier

    (i.e.,

    preliminary,

    conceptual,

    feasibility,orderofmagnitude,definitive).Itshouldalwaysincludesomeindicationofaccuracy(e.g.,x%).Seealsobudgetandcost.EstimateActivityDurations.Theprocessofestimatingthenumberofworkperiodsneededtocomplete

    individualactivitieswithestimatedresources.

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    EstimateActivity Resources. The process of estimating the type and quantities ofmaterial, people,

    equipment,orsuppliesrequiredtoperformeachactivity.

    EstimateatCompletion(EAC).Theexpectedtotalcostofcompletingallworkexpressedasthesumof

    theactualcosttodateandtheestimatetocomplete.

    Estimate Costs. The process of developing an approximation of the monetary resources needed to

    completeprojectactivities.

    EstimatetoComplete(ETC).Theexpectedcosttofinishalltheremainingprojectwork.

    Execute. Directing, managing, performing, and accomplishing the project work, providing the

    deliverables,andprovidingworkperformanceinformation.

    Executing Process Group. Those processes performed to complete the work defined in the project

    managementplantosatisfytheprojectspecifications.

    ExpectedMonetary

    Value

    (EMV)

    Analysis.

    A

    statistical

    technique

    that

    calculates

    the

    average

    outcome

    when the future includes scenarios thatmayormaynothappen.Acommonuseof this technique is

    withindecisiontreeanalysis.

    ExpertJudgment. Judgmentthat isprovided,baseduponexpertise inanapplicationarea,Knowledge

    Area,discipline, industry,etc.,asappropriate fortheactivitybeingperformed.Suchexpertisemaybe

    providedbyanygrouporpersonwithspecializededucation,knowledge,skill,experience,ortraining.

    ExternalDependency.Arelationshipbetweenprojectactivitiesandnonprojectactivities.

    FacilitatedWorkshops.Anelicitation techniqueusing focusedsessions thatbringkeycrossfunctional

    stakeholderstogether

    to

    define

    product

    requirements.

    FailureModeandEffectAnalysis(FMEA).Ananalyticalprocedureinwhicheachpotentialfailuremode

    ineverycomponentofaproductisanalyzedtodetermineitseffectonthereliabilityofthatcomponent

    and,by itselfor incombinationwithotherpossible failuremodes,on the reliabilityof theproductor

    systemandontherequiredfunctionofthecomponent;ortheexaminationofaproduct(atthesystem

    and/orlowerlevels)forallwaysthatafailuremayoccur.Foreachpotentialfailure,anestimateismade

    of itseffecton the total system andof its impact. In addition, a review isundertakenof the action

    plannedtominimizetheprobabilityoffailureandtominimizeitseffects.

    Fallback

    Plan.

    Fallback

    plans

    include

    an

    alternative

    set

    of

    actions

    and

    tasks

    available

    in

    the

    event

    the

    primaryplanmustbeabandonedbecauseofissues,risksorothercauses.

    Fast Tracking. A schedule compression technique in which activities or phases normally done in

    sequenceareperformedinparallelforatleastaportionoftheirduration.

    Fee.Representsprofitasacomponentofcompensationtoaseller.

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    FinishDate.Apointintimeassociatedwithascheduleactivityscompletion.Usuallyqualifiedbyoneof

    thefollowing:actual,planned,estimated,scheduled,early,late,baseline,target,orcurrent.

    FinishtoFinish(FF).Alogicalrelationshipinwhichasuccessoractivitycannotfinishuntilapredecessor

    activityhasfinished.

    FinishtoStart(FS).A logicalrelationship inwhichasuccessoractivitycannotstartuntilapredecessor

    activityhasfinished.

    FirmFixedPriceContract (FFP).A typeof fixedprice contractwhere thebuyerpays the sellera set

    amount(asdefinedbythecontract),regardlessofthesellerscosts.

    FixedFormulaMethod.Anearnedvaluemethodforassigningaspecified percentageofbudgetvalue

    of a work package to the start milestone of the work package with the remaining budget value

    percentageassignedwhentheworkpackageiscomplete.

    Fixed Price Incentive Fee Contract (FPIF).A type of contractwhere the buyer pays the seller a set

    amount (asdefinedbythecontract),and thesellercanearnanadditionalamount if thesellermeets

    definedperformancecriteria.

    Fixed Price with Economic Price Adjustment Contracts (FPEPA). A fixedprice contract, but with a

    special provision allowing for predefined final adjustments to the contract price due to changed

    conditions,suchasinflationchangesorcostincreases(ordecreases)forspecificcommodities.

    FixedPriceContracts.Anagreementthatsetstheamountthatwillbepaidforadefinedscopedofwork

    regardlessofcostorefforttodeliverit.

    Float.Alsocalledslack.Seetotalfloatandfreefloat.Flowchart.Thedepictioninadiagramformatoftheinputs,processactions,andoutputsofoneormore

    processeswithinasystem.

    Focus Groups. An elicitation technique that brings together prequalified stakeholders and subject

    matterexperts to learnabout theirexpectationsandattitudesaboutaproposedproduct, service,or

    result.

    Forecast. An estimate or prediction of conditions and events in the projects future based on

    information and knowledge available at the time of the forecast. The information is based on the

    projects

    past

    performance

    and

    expected

    future

    performance,

    and

    includes

    information

    that

    could

    impacttheprojectinthefuture,suchasestimateatcompletionandestimatetocomplete.

    ForwardPass.ACriticalPathMethodtechniqueforcalculatingtheearlystartandearlyfinishdatesby

    workingforwardthroughtheschedulemodelfromtheprojectstartdateoragivenpointintime.

    FreeFloat.Theamountoftimethatascheduleactivitycanbedelayedwithoutdelayingtheearlystart

    dateofanysuccessororviolatingascheduleconstraint.

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    Functional Manager. Someone with management authority over an organizational unit within a

    functionalorganization.Themanagerofanygroupthatactuallymakesaproductorperformsaservice.

    Sometimescalledalinemanager.

    FunctionalOrganization.Ahierarchicalorganizationwhereeachemployeehasoneclearsuperior,and

    staffare

    grouped

    by

    areas

    of

    specialization

    and

    managed

    by

    aperson

    with

    expertise

    in

    that

    area.

    Funding Limit Reconciliation. The process of comparing the planned expenditure of project funds

    againstany limitson thecommitmentof funds for theproject to identifyanyvariancesbetween the

    fundinglimitsandtheplannedexpenditures.

    GanttChart.Abarchartofscheduleinformationwhereactivitiesarelistedontheverticalaxis,datesare

    shownon thehorizontalaxis,andactivitydurationsareshownashorizontalbarsplacedaccording to

    startandfinishdates.

    Grade.Acategoryorrankusedtodistinguish itemsthathavethesamefunctionaluse(e.g.,hammer),

    butdo

    not

    share

    the

    same

    requirements

    for

    quality

    (e.g.,

    different

    hammers

    may

    need

    to

    withstand

    differentamountsofforce).

    GroundRules.Expectationsregardingacceptablebehaviorbyprojectteammembers.

    Group Creativity Techniques. Techniques that are used to generate ideas within a group of

    stakeholders.

    Group Decision Making Techniques. Technique to assess multiple alternatives that will be used to

    generate,classify,andprioritizeproductrequirements.

    Guideline.Anofficial recommendationoradvice that indicatespolicies, standards,orprocedures for

    howsomethingshouldbeaccomplished.

    HammockActivity.Seesummaryactivity.Histogram.Aspecialformabarchartusedtodescribethecentraltendency,dispersion,andshapeofa

    statisticaldistribution.

    Historical Information. Documents and data on prior projects including project files, records,

    correspondence,closedcontracts,andclosedprojects.

    HumanResourcePlan.Acomponentoftheprojectorprogrammanagementplanthatdescribeshow

    theroles

    and

    responsibilities,

    reporting

    relationships,

    and

    staff

    management

    will

    be

    addressed

    and

    structuredinaproject.

    Idea/Mind Mapping. Technique used to consolidate Ideas created through individual brainstorming

    sessions intoa singlemap to reflect commonalityanddifferences inunderstanding,and to generate

    newideas.

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    IdentifyRisks.Theprocessofdeterminingwhich risksmayaffect theprojectanddocumenting their

    characteristics.

    IdentifyStakeholders.Theprocessof identifyingallrelevantpeopleororganizations impactedby the

    project, analyzing and documenting relevant information regarding their interests, involvement,

    interdependencies,and

    potential

    impact

    on

    project

    success.

    ImposedDate.Afixeddateimposedonascheduleactivityorschedulemilestone,usuallyintheformof

    astartnoearlierthanandfinishnolaterthandate.

    IncentiveFee.A setof financial incentives related tocost, schedule,or technicalperformanceof the

    seller.

    IncrementalLifeCycle.Aprojectlifecyclewheretheprojectscopeisgenerallydeterminedearlyinthe

    projectlifecycle,buttimeandcostestimatesareroutinelymodifiedastheprojectteamunderstanding

    of the product increases. Iterations develop the product through a series of repeated cycles, while

    incrementssuccessively

    add

    to

    the

    functionality

    of

    the

    product.

    IndependentEstimates.Aprocessofusingathirdpartytoobtainandanalyze informationtosupport

    predictionofcost,schedule,orotheritem.

    InfluenceDiagram.Agraphicalrepresentationofsituationsshowingcausalinfluences,timeorderingof

    events,andotherrelationshipsamongvariablesandoutcomes.

    InformationGatheringTechniques.Repeatableprocessesusedtoassembleandorganizedataacrossa

    spectrumofsources.

    Information Management Systems. Facilities, processes and procedures used to collect, store and

    distribute information between producers and consumers of information in physical or electronic

    format.

    InitiatingProcessGroup. Thoseprocessesperformed todefine anewprojector anewphaseof an

    existingprojectbyobtainingauthorizationtostarttheprojectorphase.

    Input.Any item,whether internalorexternal to theproject that is requiredbyaprocessbefore that

    processproceeds.Maybeanoutputfromapredecessorprocess.

    Inspection.Examiningormeasuringtoverifywhetheranactivity,component,product,result,orservice

    conforms

    to

    specified

    requirements.

    Inspections andAudits.A process to observeperformanceof contractedworkor promisedproduct

    againstagreedtorequirements.

    InterpersonalSkills.Abilitytoestablishandmaintainrelationshipswithotherpeople.

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    InterrelationshipDigraphs.Aqualitymanagementplanningtool,theinterrelationshipdigraphsprovide

    aprocessforcreativeproblemsolvinginmoderatelycomplexscenariosthatpossessintertwinedlogical

    relationships.

    Interviews.A formalor informalapproach toelicit information from stakeholdersby talking to them

    directly.

    Invitation forBid (IFB).Generally, this term isequivalent to request forproposal.However, in some

    applicationareas,itmayhaveanarrowerormorespecificmeaning.

    Issue.Apointormatter inquestionor indispute,orapointormatterthat isnotsettledand isunder

    discussionoroverwhichthereareopposingviewsordisagreements.

    IssueLog.Aprojectdocumentusedtodocumentandmonitorelementsunderdiscussionor indispute

    betweenprojectstakeholders.

    Iterative LifeCycle.Aproject life cyclewhere theproject scope isgenerallydeterminedearly in the

    projectlifecycle,buttimeandcostestimatesareroutinelymodifiedastheprojectteamunderstanding

    of the product increases. Iterations develop the product through a series of repeated cycles, while

    incrementssuccessivelyaddtothefunctionalityoftheproduct.

    Lag.Theamountoftimewherebyasuccessoractivitymustbedelayedwithrespecttoapredecessor

    activity.

    Late Finish Date (LF). In the Critical Path Method, the latest possible point in time when the

    uncompletedportionsofascheduleactivitycanfinishbasedontheschedulenetworklogic,theproject

    completiondate,andanyscheduleconstraints.

    LateStartDate(LS).IntheCriticalPathMethod,thelatestpossiblepointintimewhentheuncompleted

    portionsofascheduleactivitycanstartbasedon the schedulenetwork logic, theprojectcompletion

    date,andanyscheduleconstraints.

    Lead.Theamountoftimewherebyasuccessoractivitycanbeadvancedwithrespecttoapredecessor

    activity.

    Lessons Learned. The knowledge gained during a project which shows how project events were

    addressedorshouldbeaddressedinthefuturewiththepurposeofimprovingfutureperformance.

    Lessons

    Learned

    Knowledge

    Base.

    A

    store

    of

    historical

    information

    and

    lessons

    learned

    about

    both

    the

    outcomesofpreviousprojectselectiondecisionsandpreviousprojectperformance.

    LevelofEffort(LOE).Anactivitythatdoesnotproducedefinitiveendproductsandischaracterizedbya

    uniformrateofworkoveraperiodoftimedeterminedbytheactivitiessupported.Note:Oneofthree

    EVMtypesofactivitiesusedtocalculatecost.

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    Leveling.Seeresourceleveling.LifeCycle.Seeprojectlifecycle.Log.Adocumentusedtorecordanddescribeordenoteselecteditemsidentifiedduringexecutionofa

    processoractivity.Usuallyusedwithamodifier,suchasissue,qualitycontrol,action,ordefect.

    LogicalRelationship.Adependencybetweentwoactivities,orbetweenanactivityandamilestone.

    Majority.Supportfrommorethan50%ofthemembersofthegroup.

    MakeorBuyAnalysis.Theprocessofgatheringandorganizingdataaboutproductrequirementsand

    analyzing them against available alternatives including the purchase or internal manufacture of the

    product.

    MakeorBuyDecisions.Decisionsmaderegarding theexternalpurchaseor internalmanufactureofa

    product.

    Manage Communications. Collect project performance data with respect to a plan, produce

    performancemeasures,andreportanddisseminateperformanceinformation.

    Manage Project Team. The process of tracking team member performance, providing feedback,

    resolvingissues,andmanagingchangestooptimizeprojectperformance.

    Manage Stakeholder Engagement. The process of communicating andworkingwith stakeholders to

    meet their needs/expectations, address issues as they occur, and foster appropriate stakeholder

    engagementinprojectdecisionsandactivities.

    ManagementReserve.

    An

    amount

    of

    the

    project

    budget

    withheld

    for

    management

    control

    purposes.

    Thesearebudgetsreservedforunforeseenworkthatiswithinscopeoftheproject. Themanagement

    reserveisnotincludedintheperformancemeasurementbaseline(PMB).

    ManagementSkills.Theabilitytoplan,organize,direct,andcontrol individualsorgroupsofpeopleto

    achievespecificgoals.

    MandatoryDependency.Arelationshipthat iscontractuallyrequiredor inherent inthenatureof the

    work.

    MarketResearch.Theprocessofgatheringinformationatconferences,onlinereviewsandavarietyof

    sourcesto

    identify

    market

    capabilities.

    Master Schedule.A summarylevel project schedule that identifies themajor deliverables andwork

    breakdownstructurecomponentsandkeyschedulemilestones.Seealsomilestoneschedule.Material. The aggregate of things used by an organization in any undertaking, such as equipment,

    apparatus,tools,machinery,gear,material,andsupplies.

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    MatrixDiagrams.Aqualitymanagementplanningtoolusedtoperformdataanalysiswhileshowingthe

    strengthsofrelationshipsthatexistswithinandbetweentherowsandcolumnsofthematrix.

    MatrixOrganization.Anyorganizational structure inwhich theprojectmanager shares responsibility

    withthefunctionalmanagersforassigningprioritiesandfordirectingtheworkofpersonsassignedto

    theproject.

    Methodology.Asystemofpractices, techniques,procedures,and rulesusedby thosewhowork ina

    discipline.

    Milestone.Asignificantpointoreventinaproject.

    MilestoneList.A list identifyingallprojectmilestonesandnormally indicateswhetherthemilestone is

    mandatoryoroptional.

    MilestoneSchedule.Asummarylevelschedulethat identifiesthemajorschedulemilestones.Seealso

    masterschedule.Monitor.Collectprojectperformancedatawithrespecttoaplan,produceperformancemeasures,and

    reportanddisseminateperformanceinformation.

    MonitorandControlProjectWork.Theprocessoftracking,reviewing,andregulatingtheprogressto

    meettheperformanceobjectivesdefinedintheprojectmanagementplan.

    MonitoringandControllingProcessGroup.Thoseprocessesrequiredtotrack,review,andregulatethe

    progressandperformanceoftheproject; identifyanyareasinwhichchangestotheplanarerequired;

    andinitiatethecorrespondingchanges.

    MonteCarlo

    Analysis.

    A

    technique

    that

    computes

    or

    iterates,

    the

    project

    cost

    or

    project

    schedule

    many

    timesusinginputvaluesselectedatrandomfromprobabilitydistributionsofpossiblecostsordurations,

    tocalculateadistributionofpossibletotalprojectcostorcompletiondates.

    MonteCarloSimulation.Aprocesswhichgenerateshundredsor thousandsofprobableperformance

    outcomesbasedonprobabilitydistributionsforcostandscheduleonindividualtasks.Theoutcomesare

    thenusedtogenerateaprobabilitydistributionfortheprojectasawhole.

    MostLikelyDuration.Estimateofthemostprobableactivitydurationthattakesintoaccountallofthe

    knownvariablesthatcouldaffectperformance.

    MultiCriteria

    Decision

    Analysis.

    This

    technique

    utilizes

    adecision

    matrix

    to

    provide

    asystematic

    analyticalapproach forestablishingcriteria,suchasrisk levels,uncertainty,andvaluation,toevaluate

    andrankmanyideas.

    NearCriticalActivity.Ascheduleactivitythathaslowtotalfloat.Theconceptofnearcriticalisequally

    applicable to a schedule activity or schedule network path. The limit below which total float is

    considerednearcriticalissubjecttoexpertjudgmentandvariesfromprojecttoproject.

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    Negotiated Settlement. The processof reaching final equitable settlement of all outstanding issues,

    claims,anddisputesthroughnegotiation.

    Negotiation.Theprocessandactivities to resolvingdisputes throughconsultationsbetween involved

    parties.

    Network.Seeprojectschedulenetworkdiagram.NetworkAnalysis.Seeschedulenetworkanalysis.Network Logic. The collection of schedule activity dependencies that makes up a project schedule

    networkdiagram.

    Network Path.Any continuous series of schedule activities connectedwith logical relationships in a

    projectschedulenetworkdiagram.

    Networking. Establishing connections and relationships with other people from same or other

    organizations.

    Node.Oneof thedefiningpointsofaschedulenetwork;ajunctionpointjoined tosomeorallofthe

    otherdependencylines.

    NominalGroupTechnique.Atechniquethatenhancesbrainstormingwithavotingprocessusedtorank

    themostusefulideasforfurtherbrainstormingorforprioritization.

    NonconformanceWork. Inthecostofquality framework,nonconformancework isdone todealwith

    the consequencesof errors and failures indoing activities correctlyon the firstattempt. Inefficient

    qualitymanagementsystems,theamountofnonconformanceworkwillapproachzero.

    Objective. Something towardwhichwork is to be directed, a strategic position to be attained, or a

    purposetobeachieved,aresulttobeobtained,aproducttobeproduced,oraservicetobeperformed.

    Observations. A technique that provides a direct way of viewing individuals in their environment

    performingtheirjobsortasksandcarryingoutprocesses.

    Opportunity.Ariskthat,ifitoccurs,hasapositiveeffectononeormoreprojectobjectives.

    OptimisticDuration.Estimateoftheshortestactivitydurationthattakesintoaccountalloftheknown

    variablesthatcouldaffectperformance.

    OrganizationalBreakdown Structure (OBS).Ahierarchical representationof theprojectorganization

    thatillustratestherelationshipbetweenprojectactivitiesandtheorganizationalunitsthatwillperform

    thoseactivities.

    OrganizationalProcessAssets.Plans,processes,policies,proceduresandknowledgebases,specificto

    andusedbytheperformingorganization.

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    Output.Aproduct,result,orservicegeneratedbyaprocess.Maybeaninputtoasuccessorprocess.

    Parametric Estimating. An estimating technique in which an algorithm is used to calculate cost or

    durationbasedonhistoricaldataandprojectparameters.

    ParetoDiagram.Ahistogram,orderedbyfrequencyofoccurrence,thatshowshowmanyresultswere

    generatedbyeachidentifiedcause.

    PathConvergence.Arelationshipinwhichascheduleactivityhasmorethanonepredecessor.

    PathDivergence.Arelationshipinwhichascheduleactivityhasmorethanonesuccessor.

    PaymentSystems.Thesystemusedtoprovideandtracksuppliers invoicesandpaymentsforservices

    andproducts.

    PercentComplete.Anestimateexpressedasapercentoftheamountofworkthathasbeencompleted

    onanactivityoraworkbreakdownstructurecomponent.

    PerformIntegratedChangeControl.Theprocesswherebymodificationstodocuments,deliverables,or

    baselinesassociatedwiththeprojectareidentified,documented,approved,orrejected.

    PerformQualitative Risk Analysis. The process of prioritizing risks for further analysis or action by

    assessingandcombiningtheirprobabilityofoccurrenceandimpact.

    Perform Quality Assurance. The process of auditing the quality requirements and the results from

    qualitycontrolmeasurementstoensurethatappropriatequalitystandardsandoperationaldefinitions

    areused.

    PerformQuantitative

    Risk

    Analysis.

    The

    process

    of

    numerically

    analyzing

    the

    effect

    of

    identified

    risks

    on

    overallprojectobjectives.

    PerformanceMeasurementBaseline(PMB).Anapproved, integratedscopeschedulecostplanforthe

    projectworkagainstwhichprojectexecution iscompared tomeasureandmanageperformance.The

    PMBincludescontingencyreserve,butexcludesmanagementreserve.

    PerformanceReporting.SeeWorkPerformanceReports.PerformanceReports.SeeWorkPerformanceReports.PerformanceReviews.Atechniquethatisusedtomeasure,compare,andanalyzeactualperformance

    ofworkinprogressontheprojectagainstthebaseline.

    PerformingOrganization.Anenterprisewhosepersonnelaremostdirectly involved indoingthework

    oftheprojectorprogram.

    PessimisticDuration.Estimateof the longestactivitydurationorhighestactivity cost that takes into

    accountalloftheknownvariablesthatcouldaffectperformance.

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    Phase.Seeprojectphase.Plan Communications Management. The process of gathering and analyzing project stakeholder

    informationandrequirementstodevelopanappropriatecommunicationsapproachfortheproject.

    PlanCostManagement.Theprocessthatestablishesthepolicies,procedures,anddocumentationfor

    planning,managing,executing,andcontrollingprojectcosts.

    Plan Human Resource Management. The process of identifying and documenting project roles,

    responsibilities,andrequiredskills,reportingrelationships,andcreatingastaffingmanagementplan.

    PlanProcurementManagement.Theprocessofdocumentingprojectpurchasingdecisions,specifying

    theapproach,andidentifyingpotentialsellers.

    PlanQualityManagement.Theprocessof identifyingquality requirementsand/or standards for the

    projectanditsdeliverables,anddocumentinghowtheprojectwilldemonstratecompliancewithquality

    requirements.

    Plan Risk Management. The process of defining how to conduct risk management activities for a

    project.

    PlanRiskResponses.Theprocessofdevelopingoptionsandactions toenhanceopportunitiesand to

    reducethreatstoprojectobjectives.

    PlanScheduleManagement.Theprocessofestablishingthepolicies,procedures,anddocumentation

    forplanning,executing,andcontrollingtheprojectschedule.

    PlanScopeManagement.Theprocessofcreatingascopemanagementplanthatdocumentshowthe

    projectscope

    will

    be

    defined,

    validated,

    and

    controlled.

    Plan Stakeholder Management. The process of developing appropriate management strategies to

    effectivelyengagestakeholdersinprojectdecisionsandexecutionbasedontheanalysisoftheirneeds,

    interests,andpotentialimpact.

    PlannedValue(PV).Theauthorizedbudgetassignedtoscheduledwork.

    PlanningPackage.Aworkbreakdownstructurecomponentbelowthecontrolaccountwithknownwork

    contentbutwithoutdetailedscheduleactivities.Seealsocontrolaccount.Planning

    Process

    Group.

    Those

    processes

    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

    undertakentoachieve.

    Plurality.Decisionsmadebythelargestblockinagroup,evenifamajorityisnotachieved.

    Policy.Astructuredpatternofactionsadoptedbyanorganization such that theorganizationspolicy

    canbeexplainedasasetofbasicprinciplesthatgoverntheorganizationsconduct.

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    Portfolio.Projects,programs,orotherworkmanagedasagrouptoachievestrategicobjectives.

    PortfolioManagement. The centralizedmanagement of one ormore portfolios to achieve strategic

    objectives.

    Practice.Aspecifictypeofprofessionalormanagementactivitythatcontributestotheexecutionofa

    processandthatmayemployoneormoretechniquesandtools.

    PrecedenceDiagrammingMethod(PDM).Atechniqueusedforconstructingaschedulemodelinwhich

    activitiesare representedbynodesandaregraphically linkedbyoneormore logical relationships to

    showthesequenceinwhichtheactivitiesaretobeperformed.

    PrecedenceRelationship.Thetermusedintheprecedencediagrammingmethodforalogical

    relationship.Incurrentusage,however,precedencerelationship,logicalrelationship,anddependency

    arewidelyusedinterchangeably,regardlessofthediagrammingmethodused.Seealsologicalrelationship.

    Precision.Withinthequalitymanagementsystem,precisionisameasureofexactness.

    PredecessorActivity.Anactivitythatlogicallycomesbeforeadependentactivityinaschedule.

    Preventive Action. An intentional activity undertaken to avoid an event that would impact the

    performanceoftheproject.

    PrioritizationMatrices.Aqualitymanagementplanning toolused to identifykey issuesandevaluate

    suitablealternativestodefineasetofimplementationpriorities.

    ProbabilityandImpactMatrix.Agridforratingeachrisk,basedontheprobabilityofitsoccurrenceand

    theimpact

    on

    the

    project

    objectives

    if

    that

    risk

    occurs.

    Procedure.Anestablishedmethodofaccomplishinga consistentperformanceor result,aprocedure

    typicallycanbedescribedasthesequenceofstepsthatwillbeusedtoexecuteaprocess.

    Process.Asystematicseriesofactivitiesdirectedtowardscausinganendresultsuchthatoneormore

    inputswillbeactedupontocreateoneormoreoutputs.

    ProcessAnalysis. A process analysis follows the steps outlined in the process improvement plan to

    identifyneededimprovements.

    ProcessDecision

    Program

    Charts

    (PDPC).

    The

    PDPC

    is

    used

    to

    understand

    agoal

    in

    relation

    to

    the

    steps

    forgettingtothegoal.

    Process ImprovementPlan.Asubsidiaryplanoftheprojectmanagementplan. Itdetailsthesteps for

    analyzingprocessestoidentifyactivitiesthatenhancetheirvalue.

    ProcurementAudits.Thereviewofcontractsandcontractingprocessesforcompleteness,accuracy,and

    effectiveness.

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    Procurement Documents. The documents utilized in bid and proposal activities, which include the

    buyers Invitation forBid, Invitation forNegotiations,Request for Information,Request forQuotation,

    RequestforProposalandsellersresponses.

    Procurement Management Plan. A component of the project or program management plan that

    describeshow

    aproject

    team

    will

    acquire

    goods

    and

    services

    from

    outside

    the

    performing

    organization.

    ProcurementPerformanceReviews.Astructuredreviewofthesellersprogresstodeliverprojectscope

    andquality,withincostandonschedule,ascomparedtothecontract.

    Procurement Statement of Work. Describes the procurement item in sufficient detail to allow

    prospectivesellerstodetermineiftheyarecapableofprovidingtheproducts,services,orresults.

    Product. An artifact that is produced, is quantifiable, and can be either an end item in itself or a

    component item.Additionalwords forproductsarematerialandgoods.Contrastwithresult.Seealso

    deliverable.

    Product Analysis. For projects that have a product as a deliverable, it is tool to define scope that

    generally means asking questions about a product and forming answers to describe the use,

    characteristicsandothertherelevantaspectsofwhatisgoingtobemanufactured.

    ProductLifeCycle.Theseriesofphasesthatrepresenttheevolutionofaproduct,fromconceptthrough

    delivery,growth,maturity,toretirement.

    ProductScope.Thefeaturesandfunctionsthatcharacterizeaproduct,service,orresult.

    ProductScopeDescription.Thedocumentednarrativedescriptionoftheproductscope.

    Program.A

    group

    of

    related

    projects,

    subprograms

    and

    program

    activities,

    managed

    in

    acoordinated

    waytoobtainbenefitsnotavailablefrommanagingthemindividually.

    ProgramEvaluationandReviewTechnique(PERT).Atechniqueforestimatingthatappliesaweighted

    average of optimistic, pessimistic, and most likely estimates when there is uncertainty with the

    individualactivityestimates.

    ProgramManagement.Theapplicationofknowledge,skills,tools,andtechniquestoaprogramtomeet

    theprogramrequirementsandtoobtainbenefitsandcontrolnotavailablebymanagingthecomponent

    projectsindividually.

    ProgressiveElaboration.

    The

    iterative

    process

    of

    increasing

    the

    level

    of

    detail

    in

    any

    project

    product

    as

    greateramountsofinformationandmoreaccurateestimatesbecomeavailable.

    Project.Atemporaryendeavorundertakentocreateauniqueproduct,service,orresult.

    ProjectBased Organizations (PBO). A variety of organizational forms that involve the creation of

    temporary systems for theperformanceof projects. PBOs conduct themajorityof their activities as

    projectsand/orprovideprojectoverfunctionalapproaches.

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    ProjectCalendar.A calendar that identifiesworkingdays and shifts that are available for scheduled

    activities.

    Project Charter. A document issued by the project initiator or sponsor that formally authorizes the

    existence of a project and provides the project manager with the authority to apply organizational

    resourcesto

    project

    activities.

    ProjectCommunicationsManagement.TheKnowledgeArea that includes theprocesses required to

    ensure timely and appropriate planning, collection, creation, distribution, storage, retrieval,

    management,control,monitoring,andtheultimatedispositionofprojectinformation.

    Project CostManagement. The Knowledge Area that includes the processes involved in estimating,

    budgeting, funding,managing,and controlling costs so that theproject canbe completedwithin the

    approvedbudget.

    Project FundingRequirements. Forecastproject costs tobepaid for that are derived from the cost

    baselinefor

    total

    or

    periodic

    including

    projected

    expenditures

    plus

    anticipated

    liabilities.

    ProjectGovernance.Thealignmentofprojectobjectiveswiththestrategyofthelargerorganizationby

    theprojectsponsorandprojectteam.Aprojectsgovernanceisdefinedbyandmustfitwithinthelarger

    contextoftheprogramororganizationsponsoringit,butisseparatefromorganizationalgovernance.

    ProjectHumanResourceManagement.TheKnowledgeArea that includes theprocesses toorganize,

    manage,andleadtheprojectteam.

    ProjectInitiation.Launchingaprocessthatcanresultintheauthorizationofanewproject.

    Project Integration Management. The Knowledge Area that includes the processes and activities

    needed to identify, define, combine, unify, and coordinate the various processes and project

    managementactivitieswithintheProjectManagementProcessGroups.

    ProjectLifeCycle.Theseriesofphasesthataprojectpassesthroughfromitsinitiationtoitsclosure.

    ProjectManagement.Theapplicationofknowledge,skills,tools,andtechniquestoprojectactivitiesto

    meettheprojectrequirements.

    Project Management Body of Knowledge. An inclusive term that describes the sum of knowledge

    within theprofessionofprojectmanagement.Aswithotherprofessions, suchas law,medicine,and

    accounting,

    the

    body

    of

    knowledge

    rests

    with

    the

    practitioners

    and

    academics

    that

    apply

    and

    advance

    it.

    The completeprojectmanagementbodyof knowledge includesproven traditionalpractices thatare

    widelyappliedand innovativepractices thatareemerging in theprofession.Thebodyof knowledge

    includesbothpublishedandunpublishedmaterials.Thisbodyofknowledgeisconstantlyevolving.PMIs

    PMBOKGuide identifiesthatsubsetof theprojectmanagementbodyofknowledge that isgenerally

    recognizedasgoodpractice.

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    Project Management Information System. An information system consisting of the tools and

    techniquesusedtogather,integrate,anddisseminatetheoutputsofprojectmanagementprocesses.It

    isusedtosupportallaspectsoftheprojectfrominitiatingthroughclosing,andcanincludebothmanual

    andautomatedsystems.

    ProjectManagement

    Knowledge

    Area.

    An

    identified

    area

    of

    project

    management

    defined

    by

    its

    knowledgerequirementsanddescribedintermsofitscomponentprocesses,practices,inputs,outputs,

    tools,andtechniques.

    ProjectManagementOffice (PMO).Anorganizational structure that standardizes theprojectrelated

    governanceprocessesandfacilitatesthesharingofresources,methodologies,toolsandtechniques.

    ProjectManagementPlan.Thedocumentthatdescribeshowtheprojectwillbeexecuted,monitored,

    controlled,andclosed.

    Project Management Process Group. A logical grouping of project management inputs, tools and

    techniques,and

    outputs.

    The

    Project

    Management

    Process

    Groups

    include

    initiating

    processes,

    planning

    processes, executing processes,monitoring and controlling processes, and closing processes. Project

    ManagementProcessGroupsarenotprojectphases.

    Project Management Staff. The members of the project team who perform project management

    activitiessuchasschedule,communications,riskmanagement,etc.

    Project Management System. The aggregation of the processes, tools, techniques, methodologies,

    resources,andproceduresusedtomanageaproject.

    ProjectManagement Team. Themembers of the project teamwho are directly involved in project

    managementactivities.

    On

    some

    smaller

    projects,

    the

    project

    management

    team

    may

    include

    virtually

    alloftheprojectteammembers.

    ProjectManager (PM).Thepersonassignedby theperformingorganization to lead the team that is

    responsibleforachievingtheprojectobjectives.

    ProjectOrganizationChart.Adocument thatgraphicallydepicts theproject teammembersand their

    interrelationshipsforaspecificproject.

    ProjectPhase.Acollectionoflogicallyrelatedprojectactivitiesthatculminatesinthecompletionofone

    ormoredeliverables.

    Project Procurement Management. Project Procurement Management includes the processes

    necessarytopurchaseoracquireproducts,services,orresultsneededfromoutsidetheprojectteam.

    ProjectQualityManagement. The KnowledgeArea that includes the processes and activitiesof the

    performingorganizationusedtodeterminequalitypolicies,objectives,andresponsibilitiessothatthe

    projectwillsatisfytheneedsforwhichitwasundertaken.

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    Project Risk Management. The Knowledge Area that includes the processes of conducting risk

    managementplanning,identification,analysis,responseplanning,andcontrollingriskonaproject.

    Project Schedule.Anoutputofa schedulemodel thatpresents linked activitieswithplanned dates,

    durations,milestones,andresources.

    ProjectScheduleNetworkDiagram.Agraphical representationofthe logical relationshipsamong the

    projectscheduleactivities.

    ProjectScope.Theworkperformed todeliveraproduct,service,or resultwiththespecified features

    andfunctions.

    ProjectScopeManagement.TheKnowledgeArea that includes theprocesses required toensure the

    projectincludesalltheworkrequired,andonlytheworkrequired,tocompletetheprojectsuccessfully.

    ProjectScopeStatement.Thedescriptionof theproject scope,majordeliverables,assumptions,and

    constraints.

    ProjectStakeholderManagement.TheKnowledgeAreathatincludestheprocessesrequiredtoidentify

    allpeopleororganizations impactedbytheproject,analyzingstakeholderexpectationsand impacton

    theproject,anddevelopingappropriatemanagementstrategiesforeffectivelyengagingstakeholdersin

    projectdecisionsandexecution.

    ProjectStatementofWork.SeeStatementofWork.Project Team.A set of individualswho support the projectmanager in performing thework of the

    projecttoachieveitsobjectives.

    ProjectTeam

    Directory.

    A

    documented

    list

    of

    project

    team

    members,

    their

    project

    roles,

    and

    communicationinformation.

    ProjectTimeManagement.TheKnowledgeArea that includes theprocesses required tomanage the

    timelycompletionoftheproject.

    ProjectizedOrganization.Anyorganizationalstructure inwhichtheprojectmanagerhasfullauthority

    toassignpriorities,applyresources,anddirecttheworkofpersonsassignedtotheproject.

    ProposalEvaluationTechniques.Theprocessofreviewingproposalsprovidedbysupplierstosupport

    contractawarddecisions.

    Prototypes.Amethodofobtainingearlyfeedbackonrequirementsbyprovidingaworkingmodelofthe

    expectedproductbeforeactuallybuildingit.

    Quality.Thedegreetowhichasetofinherentcharacteristicsfulfillsrequirements.

    QualityAudits.Aqualityaudit isa structured, independentprocess todetermine ifprojectactivities

    complywithorganizationalandprojectpolicies,processes,andprocedures.

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    QualityChecklists.Astructuredtoolusedtoverifythatasetofrequiredstepshasbeenperformed.

    QualityControlMeasurements.Thedocumentedresultsofcontrolqualityactivities.

    QualityManagementandControlTools.Atypeofqualityplanningtoolsusedtolinkandsequencethe

    activitiesidentified.

    QualityManagementPlan.Acomponentof theprojectorprogrammanagementplan thatdescribes

    howanorganization'squalitypolicieswillbeimplemented.

    Quality Management System. The organizational framework whose structure provides the policies,

    processes,procedures,andresourcesrequiredtoimplementthequalitymanagementplan.Thetypical

    project quality management plan should be compatible to the organizations quality management

    system.

    QualityMetrics.Adescriptionofaprojectorproductattributeandhowtomeasureit.

    QualityPolicy.

    A

    policy

    specific

    to

    the

    Project

    Quality

    Management

    Knowledge

    Area,

    it

    establishes

    the

    basicprinciples that should govern theorganizations actions as it implements its system forquality

    management.

    QualityRequirement.Aconditionorcapabilitythatwillbeusedtoassessconformancebyvalidatingthe

    acceptabilityofanattributeforthequalityofaresult.

    Quantitative Risk Analysis and Modeling Techniques. Commonly used techniques for both event

    orientedandprojectorientedanalysisapproaches

    QuestionnairesandSurveys.Writtensetsofquestionsdesignedtoquicklyaccumulateinformationfrom

    alarge

    number

    of

    respondents.

    RecordsManagementSystem.Aspecificsetofprocesses,relatedcontrolfunctions,andtoolsthatare

    consolidatedandcombinedtorecordandretaininformationabouttheproject.

    Regulation.A requirement imposedby a governmentalbody.Regulatory requirements can establish

    product, process, or service characteristics, including applicable administrative provisions that have

    governmentmandatedcompliance.

    ReportingSystems.Facilities,processesandproceduresusedtogenerateorconsolidate reports from

    one or more information management systems and facilitate report distribution to the project

    stakeholders.

    Request for Information (RFI). A type of procurement document whereby the buyer requests a

    potential seller to provide various pieces of information related to a product or service or seller

    capability.

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    Request for Proposal (RFP). A type of procurement document used to request proposals from

    prospectivesellersofproductsorservices. Insomeapplicationareas, itmayhaveanarrowerormore

    specificmeaning.

    RequestforQuotation(RFQ).Atypeofprocurementdocumentusedtorequestpricequotationsfrom

    prospectivesellers

    of

    common

    or

    standard

    products

    or

    services.

    Sometimes

    used

    in

    place

    of

    request

    for

    proposalandinsomeapplicationareas,itmayhaveanarrowerormorespecificmeaning.

    Requested Change. A formally documented change request that is submitted for approval to the

    integratedchangecontrolprocess.

    Requirement.Aconditionorcapabilitythatmustbepresentinaproduct,service,orresulttosatisfya

    contractorotherformallyimposedspecification.

    RequirementsDocumentation.Adescriptionofhow individual requirementsmeet thebusinessneed

    fortheproject.

    Requirements Management Plan. A component of the project or program management plan that

    describeshowtheprojectrequirementswillbeanalyzed,documented,andmanaged.

    Requirements Traceability Matrix. A grid that links product requirements from their origin to the

    deliverablesthatsatisfiesthem.

    Reserve.Aprovisionintheprojectmanagementplantomitigatecostand/orschedulerisk.Oftenused

    withamodifier(e.g.,managementreserve,contingencyreserve)toprovidefurtherdetailonwhattypes

    ofriskaremeanttobemitigated.

    Reserve Analysis. An analytical technique to determine the essential features and relationships of

    components intheprojectmanagementplantoestablishareserveforthescheduleduration,budget,

    estimatedcost,orfundsforaproject.

    ResidualRisk.Ariskthatremainsafterriskresponseshavebeenimplemented.

    Resource. Skilled human resources (specific disciplines either individually or in crews or teams),

    equipment,services,supplies,commodities,material,budgets,orfunds.

    ResourceBreakdownStructure.Ahierarchicalrepresentationofresourcesbycategoryandtype.

    Resource Calendar. A calendar that identifies the working days and shifts on which each specific

    resourceis

    available.

    ResourceHistogram.Abarchartshowingtheamountoftimethataresourceisscheduledtoworkover

    a series of time periods. Resource availability may be depicted as a line for comparison purposes.

    Contrastingbarsmayshowactualamountsofresourcesusedastheprojectprogresses.

    Resource Leveling. A technique in which start and finish dates are adjusted based on resource

    constraintswiththegoalofbalancingdemandforresourceswiththeavailablesupply.

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    ResourceOptimization Techniques. A technique that is used to adjust the start and finish dates of

    activitiesthatadjustsplannedresourceusetobeequaltoorlessthanresourceavailability.

    Resource Smoothing. A technique which adjusts the activities of a schedule model such that the

    requirementforresourcesontheprojectdonotexceedcertainpredefinedresourcelimits.

    Responsibility.Anassignmentthatcanbedelegatedwithinaprojectmanagementplansuch thatthe

    assignedresourceincursadutytoperformtherequirementsoftheassignment.

    ResponsibilityAssignmentMatrix(RAM).Agridthatshowstheprojectresourcesassignedtoeachwork

    package.

    Result. An output from performing project management processes and activities. Results include

    outcomes(e.g.,integratedsystems,revisedprocess,restructuredorganization,tests,trainedpersonnel,

    etc.) and documents (e.g., policies, plans, studies, procedures, specifications, reports, etc.). Contrast

    withproduct.Seealsodeliverable.

    Rework. Action taken to bring a defective or nonconforming component into compliance with

    requirementsorspecifications.

    Risk.Anuncertaineventorconditionthat,ifitoccurs,hasapositiveornegativeeffectononeormore

    projectobjectives.

    RiskAcceptance.A risk response strategywhereby theproject teamdecides toacknowledge the risk

    andnottakeanyactionunlesstheriskoccurs.

    Risk Audits. Examination and documentation of the effectiveness of risk responses in dealing with

    identifiedrisksandtheirrootcauses,aswellastheeffectivenessoftheriskmanagementprocess.

    RiskAvoidance. A risk response strategy whereby the project team acts to eliminate the threat or

    protecttheprojectfromitsimpact.

    RiskBreakdownStructure(RBS).Ahierarchicalrepresentationofrisksaccordingtotheirriskcategories.

    RiskCategorization.Organizationbysourcesofrisk(e.g.,usingtheRBS),theareaoftheprojectaffected

    (e.g.,usingtheWBS),orotherusefulcategory(e.g.,projectphase)todeterminetheareasoftheproject

    mostexposedtotheeffectsofuncertainty.

    RiskCategory.Agroupofpotentialcausesofrisk.

    RiskDataQualityAssessment.Techniquetoevaluatethedegreetowhichthedataaboutrisksisuseful

    forriskmanagement.

    Risk Management Plan. A component of the project, program, or portfolio management plan that

    describeshowriskmanagementactivitieswillbestructuredandperformed.

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    RiskMitigation.A risk response strategywhereby theproject teamacts to reduce theprobabilityof

    occurrenceorimpactofathreat.

    RiskReassessment.Riskreassessment isthe identificationofnewrisks,reassessmentofcurrentrisks,

    andtheclosingofrisksthatareoutdated.

    RiskRegister.Adocumentinwhichrisksarerecordedtogetherwiththeresultsofriskanalysisandrisk

    responseplanning.

    RiskTolerance.Thedegree,amount,orvolumeofriskthatanorganizationorindividualwillwithstand.

    RiskTransference.Ariskresponsestrategywherebytheprojectteamshiftstheimpactofathreattoa

    thirdparty,togetherwithownershipoftheresponse.

    RiskUrgencyAssessment.Reviewanddeterminationofthetimingofactionswhichmayneedtooccur

    soonerthanotherriskitems.

    Role.A

    defined

    function

    to

    be

    performed

    by

    aproject

    team

    member,

    such

    as

    testing,

    filing,

    inspecting,

    coding.

    RollingWavePlanning.An iterativeplanning technique inwhich thework tobeaccomplished in the

    neartermisplannedindetail,whiletheworkinthefutureisplannedatamoregenerallevel.

    RootCauseAnalysis.Ananalyticaltechniqueusedtodeterminethebasicunderlyingreasonthatcauses

    avarianceoradefectorarisk.Arootcausemayunderliemorethanonevarianceordefectorrisk.

    ScatterDiagram.Acorrelationchartthatusesaregressionlinetoexplainortopredicthowthechange

    inanindependentvariablewillchangeadependentvariable.

    Schedule.Seeprojectscheduleandseealsoschedulemodel.ScheduleBaseline.Theapprovedversionofaschedulemodelthatcanbechangedonlythroughformal

    changecontrolproceduresandisusedasabasisforcomparisontoactualresults.

    ScheduleCompression.Techniquesusedtoshortenthescheduledurationwithoutreducingtheproject

    scope.

    ScheduleData.Thecollectionofinformationfordescribingandcontrollingtheschedule.

    ScheduleForecasts.Estimatesorpredictionsofconditionsandevents intheprojectsfuturebasedon

    informationandknowledgeavailableatthetimethescheduleiscalculated.

    ScheduleManagementPlan.Acomponentoftheprojectorprogrammanagementplanthatestablishes

    thecriteriaandtheactivitiesfordeveloping,monitoring,andcontrollingtheschedule.

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    ScheduleModel.Arepresentationoftheplanforexecutingtheprojectsactivities includingdurations,

    dependencies and other planning information, used to produce project schedules along with other

    schedulingartifacts.

    ScheduleNetworkAnalysis.Thetechniqueofidentifyingearlyandlatestartdates,aswellasearlyand

    latefinish

    dates,

    for

    the

    uncompleted

    portions

    of

    project

    schedule

    activities.

    See

    also

    backwardpass,

    criticalpathmethod,criticalchainmethod,andresourceleveling.ScheduleNetworkTemplates.Asetofactivitiesandrelationshipsthathavebeenestablishedandcan

    be used repeatedly for a particular application area or an aspectof the projectwhere a prescribed

    sequenceisdesired.

    Schedule Performance Index (SPI). A measure of how efficiently the project team is using its time

    expressedastheratioofearnedvaluetoplannedvalue.

    ScheduleVariance(SV).Theamountbywhichtheprojectisaheadorbehindtheplanneddeliverydate,

    atagiven

    point

    in

    time,

    expressed

    as

    the

    difference

    between

    the

    earned

    value

    and

    the

    planned

    value.

    SchedulingTool.Atoolwhichprovidesschedulecomponentnames,definitions,structuralrelationships,

    andformatsthatsupporttheapplicationofaschedulingmethod.

    Scope.Thesumoftheproducts,services,andresultstobeprovidedasaproject.Seealsoprojectscopeandproductscope.ScopeBaseline.Theapprovedversionofascopestatement,workbreakdownstructure(WBS),and its

    associatedWBSdictionary,thatcanbechangedonlythroughformalchangecontrolproceduresand is

    usedasabasisforcomparison.

    ScopeChange.Anychangetotheprojectscope.Ascopechangealmostalwaysrequiresanadjustment

    totheprojectcostorschedule.

    ScopeCreep.Theuncontrolledexpansiontoproductorprojectscopewithoutadjustmentstotime,cost,

    andresources.

    ScopeManagementPlan.Acomponentoftheprojectorprogrammanagementplanthatdescribeshow

    theprojectscopewillbedefined,developed,monitored,controlled,andverified.

    SecondaryRisk.Ariskthatarisesasadirectresultofimplementingariskresponse.

    SelectedSellers.

    The

    sellers

    that

    have

    been

    selected

    to

    provide

    acontracted

    set

    of

    services

    or

    products.

    Seller.Aproviderorsupplierofproducts,services,orresultstoanorganization.

    SellerProposals.Aproposalfromavendorwhohasundergoneapriorselectionprocesstobeoneofa

    selectfewthatcancompeteorqualifyforfutureprocurements.

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    SensitivityAnalysis.Aquantitativeriskanalysisandmodelingtechniqueusedtohelpdeterminewhich

    riskshavethemostpotentialimpactontheproject.Itexaminestheextenttowhichtheuncertaintyof

    eachprojectelementaffectstheobjectivebeingexaminedwhenallotheruncertainelementsareheld

    attheirbaselinevalues.Thetypicaldisplayofresultsisintheformofatornadodiagram.

    SequenceActivities.

    The

    process

    of

    identifying

    and

    documenting

    relationships

    among

    the

    project

    activities.

    Seven Basic Quality Tools. The Seven basic quality tools are a standard toolkit used by quality

    management professionals who are responsible for planning, monitoring, and controlling the issues

    relatedtoqualityinanorganization.

    Simulation.Asimulationusesaprojectmodelthat translates theuncertaintiesspecifiedatadetailed

    levelintotheirpotentialimpactonobjectivesthatareexpressedatthelevelofthetotalproject.Project

    simulationsusecomputermodelsandestimatesofrisk,usuallyexpressedasaprobabilitydistributionof

    possible costs or durations at a detailedwork level, and are typically performed usingMonte Carlo

    analysis.

    SourceSelectionCriteria.Asetofattributesdesiredbythebuyerwhichasellermustmeetorexceedto

    beselectedforacontract.

    Specification.Adocument thatspecifies, inacomplete,precise,verifiablemanner, the requirements,

    design,behavior,orothercharacteristicsofasystem,component,product,result,orserviceand,often,

    the procedures for determining whether these provisions have been satisfied. Examples are:

    requirementspecification,designspecification,productspecification,andtestspecification.

    SpecificationLimits.Thearea,oneither sideof thecenterline,ormean,ofdataplottedonacontrol

    chartthat

    meets

    the

    customers

    requirements

    for

    aproduct

    or

    service.

    This

    area

    may

    be

    greater

    than

    or

    lessthantheareadefinedbythecontrollimits.Seealsocontrollimits.

    Sponsor.Apersonorgroupwhoprovidesresourcesandsupportfortheprojectand isaccountablefor

    enablingprojectsuccess.

    StaffingManagementPlan.A componentof thehuman resourceplan thatdescribeswhenandhow

    projectteammemberswillbeacquiredandhowlongtheywillbeneeded.

    Stakeholder.An individual,group,ororganizationwhomayaffect,beaffectedby,orperceive itselfto

    beaffectedbyadecision,activity,oroutcomeofaproject.

    StakeholderAnalysis.Atechniqueofsystematicallygatheringandanalyzingquantitativeandqualitative

    informationtodeterminewhoseinterestsshouldbetakenintoaccountthroughouttheproject.

    StakeholderManagementPlan.Thestakeholdermanagementplan isasubsidiaryplanof theproject

    managementplan thatdefines theprocesses,procedures, tools,and techniques toeffectivelyengage

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    stakeholders in project decisions and execution based on the analysis of their needs, interests, and

    potentialimpact

    StakeholderRegister.Aprojectdocumentincludingtheidentification,assessment,andclassificationof

    projectstakeholders.

    Standard.Adocumentthatprovides,forcommonandrepeateduse,rules,guidelines,orcharacteristics

    for activities or their results, aimed at the achievement of the optimum degree of order in a given

    context.

    StartDate.Apoint in timeassociatedwitha scheduleactivitys start,usuallyqualifiedbyoneof the

    following:actual,planned,estimated,scheduled,early,late,target,baseline,orcurrent.

    StarttoFinish(SF).Alogicalrelationshipinwhichasuccessoractivitycannotfinishuntilapredecessor

    activityhasstarted.

    StarttoStart (SS).A logical relationship inwhicha successoractivitycannotstartuntilapredecessor

    activityhasstarted.

    StatementofWork(SOW).Anarrativedescriptionofproducts,services,orresultstobesupplied.

    StatisticalSampling.Choosingpartofapopulationofinterestforinspection.

    Subnetwork.A subdivision (fragment)ofaproject schedulenetworkdiagram,usually representing a

    subprojectoraworkpackage.Oftenused to illustrateor study somepotentialorproposed schedule

    condition,suchaschangesinpreferentialschedulelogicorprojectscope.

    Subproject.A smallerportionof theoverall project createdwhen aproject is subdivided intomore

    manageablecomponents

    or

    pieces.

    SuccessorActivity.Adependentactivitythatlogicallycomesafteranotheractivityinaschedule.

    SummaryActivity.Agroupofrelatedscheduleactivitiesaggregatedanddisplayedasasingleactivity.

    SWOTAnalysis. An analysis of strengths,weaknesses, opportunities and threats of an organization,

    project,oroption.

    TeamMembers.Seeprojectteammembers.Technique.Adefined systematicprocedureemployedbyahuman resource toperformanactivity to

    produceaproductorresultordeliveraservice,andthatmayemployoneormoretools.

    Templates.Apartiallycompletedocumentinapredefinedformatthatprovidesadefinedstructurefor

    collecting,organizing,andpresentinginformationanddata.

    Threat.Ariskthat,ifitoccurs,hasanegativeeffectononeormoreprojectobjectives.

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    ThreepointEstimate.Atechniqueusedtoestimatecostordurationbyapplyingaaverageofoptimistic,

    pessimistic,andmostlikelyestimateswhenthereisuncertaintywiththeindividualactivityestimates.

    Threshold.Acost, time,quality, technical,or resourcevalueusedasaparameter,andwhichmaybe

    includedinproductspecifications.Crossingthethresholdshouldtriggersomeaction,suchasgenerating

    anexception

    report.

    Time and Material Contract (T&M). A type of contract that is a hybrid contractual arrangement

    containing aspects of both costreimbursable and fixedprice contracts. Time andmaterial contracts

    resemble costreimbursable type arrangements in that theyhaveno definitive end,because the full

    valueofthearrangementisnotdefinedatthetimeoftheaward.Thus,timeandmaterialcontractscan

    grow in contract value as if they were costreimbursabletype arrangements. Conversely, time and

    material arrangements can also resemble fixedprice arrangements. For example, the unit rates are

    preset by the buyer and seller, when both parties agree on the rates for the category of senior

    engineers.

    TimeScaled

    Schedule

    Network

    Diagram.

    Any

    project

    schedule

    network

    diagram

    drawn

    in

    such

    away

    that thepositioningand lengthof the scheduleactivity represents itsduration.Essentially, it isabar

    chartthatincludesschedulenetworklogic.

    ToCompletePerformanceIndex(TCPI).Ameasureofthecostperformancethatmustbeachievedwith

    theremaining resources inorder tomeetaspecifiedmanagementgoal,expressedas the ratioofthe

    costtofinishtheoutstandingworktothebudgetavailable.

    Tolerance.Thequantifieddescriptionofacceptablevariationforaqualityrequirement.

    Tool.Something tangible, suchasa templateor softwareprogram,used inperforminganactivity to

    produceaproduct

    or

    result.

    TotalFloat.Theamountoftimethatascheduleactivitycanbedelayedorextendedfromitsearlystart

    datewithoutdelayingtheprojectfinishdateorviolatingascheduleconstraint.

    TreeDiagram.Asystematicdiagramofadecompositionhierarchyused tovisualizeasparenttochild

    relationshipsasystematicsetofrules.

    TrendAnalysis.An analytical technique thatusesmathematicalmodels to forecast futureoutcomes

    basedonhistoricalresults.Itisamethodofdeterminingthevariancefromabaselineofabudget,cost,

    schedule,orscopeparameterbyusingpriorprogressreportingperiodsdataandprojectinghowmuch

    thatparameters

    variance

    from

    baseline

    might

    be

    at

    some

    future

    point

    in

    the

    project

    ifno

    changes

    are