- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
A formal, approved document that defines how the project is executed, monitored, and controlled. It may be summary or detailed and may be composed of one or more subsidiary management plans and other planning documents.
Industry:Business services
One of the 44 processes, unique to project management and described in the PMBOK® Guide.
Industry:Business services
(1) The person or group that provides the financial resources, in cash or in kind, for the project and is responsible for the overall project delivery.
(2) The person assigning the project manager the responsibility to conduct the project’s effort and deliver the end product.
(3) The executive who manages, administers, monitors, funds, and is responsible for the overall project delivery.
Industry:Business services
A logical grouping of the project management processes described in the PMBOK® Guide. The project management process groups include initiating processes; planning processes; executing processes; monitoring and controlling processes; and closing processes. Collectively, these five groups are required for any project, have clear internal dependencies, and must be performed in the same sequence on each project, independent of the application area or the specifics of the applied project life cycle. project management process groups are not project phases.
Industry:Business services
The aggregation of the processes, tools, techniques, methodologies, resources, and procedures to manage a project. The system is documented in the project management plan and its content will vary depending upon the application area, organizational influence, complexity of the project, and the availability of existing systems. A project management system, which can be formal or informal, aids a project manager in effectively guiding a project to completion. A project management system is a set of processes and the related monitoring and control functions that are consolidated and combined into a functioning, unified whole.
Industry:Business services
The value of completed work expressed in terms of the approved budget assigned to that work for a schedule activity or work breakdown structure component. Also referred to as the budgeted cost of work performed.
Industry:Business services
A document established by consensus and approved by a recognized body that provides, for common and repeated use, rules, guidelines, or characteristics for activities or their results, aimed at the achievement of the optimum degree of order in a given context.
Industry:Business services
A management methodology for integrating scope, schedule, and resources, and for objectively measuring project performance and progress. Performance is measured by determining the budgeted cost of work performed (i.e., earned value) and comparing it to the actual cost of work performed (i.e., actual cost). Progress is measured by comparing the earned value to the planned value.
Industry:Business services
A point in time associated with a schedule activity’s start, usually qualified by one of the following: actual, planned, estimated, scheduled, early, late, target, baseline, or current.
Industry:Business services
(1) The person assigned by the performing organization to achieve the project objectives.
(2) Any person assigned to lead a team toward completion of a project. A project manager applies specialized knowledge, skills, tools, and techniques in order to meet customer expectations of a project.
(3) The person who heads up the project team and has the authority and responsibility for conducting the project and meeting project objectives through project management.
(4) A qualified individual or firm authorized by the owner to be directly responsible for the day-to-day management and administration, and for coordinating time, equipment, money, tasks, and people for all or specified portions of a specific project.
Industry:Business services
