- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
Any unique and verifiable product, result, or capability to perform a service that must be produced to complete a process, phase, or project. Often used more narrowly in reference to an external deliverable, which is a deliverable that is subject to approval by the project sponsor or customer. See also product, service, and result.
Industry:Business services
A documented description of the project’s output or deliverables.
Industry:Business services
All costs for a specific project, including costs for land, professionals, construction, furnishings, fixtures, equipment, financing, and any other project-related costs.
Industry:Business services
An information-gathering technique used as a way to reach a consensus of experts on a subject. Experts on the subject participate in this technique anonymously. A facilitator uses a questionnaire to 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 in a few rounds of this process. The Delphi technique helps reduce bias in the data and keeps any one person from having undue influence on the outcome.
Industry:Business services
The process of formalizing acceptance of the completed project deliverables.
Industry:Business services
The process of placing responsibility on the designers and implementers to perform within established budgets. Actual and budget project costs are compared. Two principles apply: (1) There must be a basis for comparison; and (2) Only future costs can be controlled.
Industry:Business services
A relation between activities, such that one requires input from the other.
Industry:Business services
A peer level review/due diligence analysis on the scope schedule and cost estimate for projects. Evaluates the quality and completeness, including anticipated risk and variability, of the projected cost and schedule. (Some call this “CEVP light.” See also CEVP.)
Objective: The SCoRE workshop is intended to provide an Evaluation of the cost and schedule estimates for a WSDOT or Regional transportation project. It considers data about the project brought by representatives of the project team. The depth, detail and completeness of the project team information will be a determining factor in the final SCoRE output and it is critical to have a clearly defined scope for the project at the beginning of the workshop. If there is uncertainty about scope, this issue must be resolved at the start of the session.
Industry:Business services
(1) A procurement or project delivery arrangement whereby a single entity (a contractor with subconsultants, or team of contractors and engineers, often with subconsultants) is entrusted with both design and construction of a project. This contrasts with traditional procurement, where one contract is bid for the design phase and then a second contract is bid for the construction phase of the project.
(2) A project delivery method where a design-build contractor (contractor-led D-B), A/E design professional (design-led D-B), or CM (CM-led D-B) is directly responsible for both the total project design and construction of the project. Design-Build liability can be explicitly conveyed through the contract documents, or implicitly conveyed through the assumption of project-specific design liability, via performance specifications.
(3) A written agreement between and contractor and owner wherein the contractor agrees to provide both design and construction services.
Industry:Business services
Graphic display of cumulative costs, labor hours, percentage of work, or other quantities, plotted against time. The name derives from the S-like shape of the curve (flatter at the beginning and end, steeper in the middle) produced on a project that starts slowly, accelerates, and then trails off. Also a term for the cumulative likelihood distribution that is a result of a simulation, a tool of quantitative risk analysis.
Industry:Business services
