- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
A subset of project management that includes the processes required to make the most effective use of the people involved with the project. It consists of organizational planning, staff acquisition, and team development.
Industry:Business services
A contract structure where both design and construction responsibility are vested in a single contractor.
Industry:Business services
A risk that arises as a direct result of implementing a risk response.
Industry:Business services
Launching a process that can result in the authorization and scope definition of a new project.
Industry:Business services
A contractor that provides design and construction services under a single responsibility contractto an owner.
Industry:Business services
Useful work performed that does not produce a tangible product or result, such as performing any of the business functions supporting production or distribution. Contrast with product and result. See also deliverable.
Industry:Business services
A subset of project management that includes the processes required to ensure that the various elements of the project are properly coordinated. It consists of project plan development, project plan execution, and integrated change control.
Industry:Business services
When a Prime or Main contractor bids or negotiates to provide Design and Construction services for the entire construction project.
Industry:Business services
A simulation uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulations use computer models and estimates of risk, usually expressed as a probability distribution of possible costs or durations at a detailed work level, and are typically performed using the Monte Carlo analysis.
Industry:Business services
A collection of generally sequential project phases whose names and numbers are determined by the control needs of the organization or organizations involved in the project. A life cycle can be documented with a methodology.
Industry:Business services
