- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
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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
In the critical path method, the earliest possible point in time on which the uncompleted portions of a schedule activity (or the project) can finish, based on the schedule network logic, the data date, and any schedule constraints. Early finish dates can change as the project progresses and as changes are made to the project management plan.
Industry:Business services
Persons and organizations such as customers, sponsors, performing organizations, and the public that are actively involved in the project, or whose interests may be positively or negatively affected by execution or completion of the project. They may also exert influence over the project and its deliverables.
Industry:Business services
A class of computer software applications specifically designed to aid the project management team with planning, monitoring, and controlling the project, including: cost estimating, scheduling, communications, collaboration, configuration management, document control, records management, and risk analysis.
Industry:Business services
In the critical path method, the earliest possible point in time on which the uncompleted portions of a schedule activity (or the project) can start, based on the schedule network logic the data date, and any schedule constraints. Early start dates can change as the project progresses and changes are made to the project management plan.
Industry:Business services
Those with a particularly significant interest in the project’s outcome, including those providing funding or right of way for the project and property owners who are affected by the project. Stakeholders are unique for each project.
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
The members of the project team who are directly involved in project management activities. On some smaller projects, the project management team may include virtually all of the project team members.
Industry:Business services
