Project management is the process of managing the project process. Dictionary of project management terms, third edition. From a to z this comprehensive list will be useful for any project manager, team member or stakeholder or even those wanting to learn more about project management. List of all most popular abbreviated project management terms defined. Along with traditional project management terms, it includes broader business terms to help seasoned managers and their successors navigate more easily the ubiquitous language of project speak. A activity an element of work performed during the course of a project. This glossary contains more than 600 terms and provides simple, clear explanations. It removes the heat from the freon gas and turns the gas back into a liquid and pumps the liquid back to the coil in the furnace. Dictionary of project management terms 3rd edition kindle edition by ward, j.
Project management body of knowledge pmbok guide fifth. Along with traditional project management terms, it includes broader business terms to help seasoned managers and their successors navigate more easily the ubiquitous language of projectspeak. Activity delay the maximum amount of time that an activity can be delayed due to lack of. Glossary of project management terms term definition agency a formally organized unit of government having administrative, programmatic, legal, fiduciary, and regulatory functions ascribed to it through legislation, federal mandate, or other means and for which it receives or generates revenue. The formal process of accepting delivery of a product or. Establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. The definitive glossary of project management terms. Wideman comparative glossary of project management terms v5. Free glossary of project management terms and definitions. Every discipline has its own vocabulary, and project management is no exception.
Project management techniques are equally suitable for building a cathedral or a garden shed. However, this list is supposed to include only pure project. Project managers work in the construction industry, architecture, information technology and many different occupations that produce a product or service. Glossary of standard project management terms page i developed by comptia. Project management glossary of terms page 8 fall 2007 budget the approved estimate for the project or any work breakdown structure component or any schedule activity. Lean a set of principles, concepts and techniques designed for the relentless pursuit of the elimination of waste. Stay on top of your game with this free and printable glossary of project management terms that also includes definitions. Dictionary of project management terms, third edition crc. Every course has its own glossary, and hence project management is not an exemption. To determine the direct predecessors of an activity, you must clarify which activities you must complete before you can start the. There are very few, if any, books in the project management field that describe in detail a companywide approach to project management within a large, multinational corporation, with the amount of detail and giving the useful, practical understanding of the underlying principles and specific processes and practices that are presented here. Normally, resource requirements are used to perform resourceconstrained scheduling. Project accounting is the practice of quantifying the performance of project based activity.
Effective conflict management prevents differences becoming destructive elements in a project. Heres how evm can be applied over the course of a projects duration. Use features like bookmarks, note taking and highlighting while reading dictionary of project management terms 3rd edition. Appendix a glossary of project management terms a activity an element of work performed during the course of a project. A onetime effort to accomplish an explicit objective by a specific time. Please let me know if you miss an abbreviation or an acronym. Moving house, a very common project for many people, lends itself as effectively to project management techniques such as tender analysis and network analysis, as relocating a major government department from the capital city to another town.
In a project context, estimation is the way to make accurate budgets or timelines for a project. This glossary will help your team standardize on frequently used pm terms, from. Appendix a of common project management terms is included to help. Lean six sigma the combination of lean and six sigma principles to identify and improve business processes. List of useful project management acronyms and terminology critical path the longest path through the project. A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities. The ultimate resource for project management terminology. Now in its third edition, the book is more than 200 pages longer and. Section ii provides definitions for terms you will likely need as your project. A comprehensive project management glossary project. Project management glossary of terms q rationalplan. Glossary of standard project management terms geam. General terms and conditions ctn project management.
Section i is a listing of basic project management terms. Aug 22, 2010 now in its third edition, this dictionary contains 3,400 key terms, words, and phrases used in the daytoday practice of project management. While many of these terms are not mentioned within the body of suite documents, they are nonetheless important to understand project management. The dictionary of project management terms is a valuable desk or briefcase reference for those engaged in one of the worlds fastestgrowing professions. Glossary of project management terms term definition. A unit of work performed as part of an initiative or process. Glossary of construction terms air condtioning condenser the outside fan unit of the air conditioning system. Project management glossary of terms usaid learning lab. Acronyms and abbreviations project management knowledge. The npms will provide required technical and administrative support to coordinate and implement project. Start studying pmi lexicon of project management terms v3 190 terms.
Included are 145 terms that have a unique use in the profession and high relevance to its vocabulary. Now in its third edition, this dictionary contains 3,400 key terms, words, and phrases used in the daytoday practice of project management. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever. Project management glossary of terms o rationalplan. Standard ensures that any terminology contained within the pmi lexicon is. Feb 24, 2017 establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. If you would like to recommend a new term or a modified definition to an existing term, we offer guidance on creating a definition. A glossary of project management terms pmhut project. Our definitions of the most common project management terms will prepare you for the next project meeting. Part of the process of successfully deploying project management in your organization is to standardize the terminology.
Kingdom of bahrain ministry of works mow pms chapter 20 pm glossary of terms page 2 of 19 reference. Project management glossary terms usaid learning lab. An activity normally has an expected duration, an expected cost, and expected resource requirements. This glossary is a guide to the most commonly used business analysis and project management terms. A guide to the often confusing world of project management software terminology last updated.
We standardized terminology throughout the document from supplier to. Consensus unanimous agreement among the decisionmakers that. List of useful project management acronyms and terminology. A statistical tool used to visualize a projects schedule, sequence of tasks, and even the critical path of tasks that must be completed on time in order for the project to meet its deadline.
Project management has a language and a lingo all of its own. Critical success factors csf those measurable factors, listed in order of importance, that when present in the projects environment are most conducive to the achievement of a. Project management has been increasing in visibility both inside and outside the executive office. Addresses for returning the completed form appear at the end. This book ensures that project and program managers in every industry around the world are speaking the same language. Critical success factors csf those measurable factors, listed in order of importance, that when present in the project s environment are most conducive to the achievement of a. Project management abbreviations page 2 all acronyms. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these important terms into practice with your proejcts. Term definition estimate at completion eac the estimated total cost of the completed project at a particular time, using current project performance and work that still needs to be completed. This definition is in the context of corporate management rather than project management. A comprehensive glossary of project management terms. Project management glossary of terms pro pv january 5, 2015 project management glossary of terms pa pro january 5, 2015 project management glossary of terms z january 5, 2015. Project management glossary of terms page 6 fall 2007 a acceptance criteria those criteria, including performance requirements and essential conditions, which must be met before project deliverables are accepted. Understanding these terms and acronyms is an important.
Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. The pmi lexicon of project management terms offers clear and concise definitions for nearly 200 of the professions frequently used terms for anyone involved in project, program, and portfolio management, the lexicon is an essential resource to foster understanding and consistent usage of terminology. Jan 05, 2015 project management glossary of terms pro pv january 5, 2015 project management glossary of terms pa pro january 5, 2015 project management glossary of terms z january 5, 2015. A business analysts glossary for project management terminology.
Mow pms chapter 20 pm glossary of terms page 1 of 19 reference. The sponsors is normally a part of the management team director or higher, who can exert influence on the outcome of the project. Leroy ward, pmp, pgmp, author of dictionary of project management terms 3rd edition, october 2008, is executive vice president at esi international, a global learning company helping people and organizations improve the way they manage projects, contracts, requirements and vendors. They include the faqs that other project managers have raised please do tell us if any points are unclear or wrong, and if more is needed. Effective communication is a key element of successful project management, which makes a common language essential.
A glossary of project management terms by merrie barron and andrew r. Project portfolio management ppm project portfolio management organises a. Get easyto understand explanations of all key concepts to make sure you use the. Glossary of standard project management terms page 4 of 18 developed by comptia. A successor activity can have several direct predecessor activities. Budget at completion bac the sum of all budget values established for the work to be performed on a project or a work breakdown structure component or a schedule activity. A glossary of terms relating to project management and consulting. Heres how evm can be applied over the course of a project s duration. The following glossary has been developed to help you succeed as a project manager by establishing standard definitions for commonlyused terms you will. Dictionary of project management terms 3rd edition third.
From pmo to prince2, well give you the terminology and resources youll need as a beginner in project management. Download it once and read it on your kindle device, pc, phones or tablets. Nov 02, 2015 everything you need to know about project management terms is here in one list. Each project is unique although similar projects may exist. The person who has the overall responsibility for the successful planning, execution and closure of a project. Download and print the free glossary from our media gallery. Earned value management evm a way to measure project performance, and is commonly used in government projects. Browse the list of 163 project management abbreviations with their meanings and definitions. Pmi lexicon of project management terms change requestinquiry please use this form to provide recommendations on changes to the lexicon.
The following list includes all common acronyms and abbreviations that are used in the world of project management. In this edit text is here copypasted from the project management, project management body of knowledge and prince2 articles in this edit text is here copypasted from the agile software development, aggregate planning, constructability, cost overrun, critical path method, critical chain project management, dependency, dynamic systems development method, duration. Glossary of project management terms and acronyms used by project managers and business professionals. The complete glossary of project management terms smartsheet. To help you achieve this goal, were offering this authoritative reference guide, pulling together a complete list of project management terminology. The definitive glossary of project management terms project management has its own terminology and abbreviations, making your entry into the field pretty hard. Jan 07, 2011 a glossary of project management terms by merrie barron and andrew r.
Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are accepted. Learn vocabulary, terms, and more with flashcards, games, and other study tools. The pmi lexicon of project management terms offers you a standardized set of frequently used project, program and portfolio management terms with clear and concise definitions. A business analysts glossary for project management. For projects relying primarily on human capital, this typically involves tracking time, expenses, budgets, bill rates, and other financial metrics that reveal the performance of a project. Conflict management conflict management is the process of identifying and addressing differences. Ac disconnect the main electrical on off switch near the ac condenser. Project management glossary contains a number of project management terms that will help the project team to standardize the project s startup process. Developed by the us navy in the 1950s, the private sector had its own version called critical path method cpm. Aggregate planning is an operational activity which does an aggregate plan for the production process, in advance of 2 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of. Preamble 1 these general terms and conditions for business consulting are an integral part of work contracts, which involve professional consulting for clients by business business consultants and consulting firms in the consultation areas represented by the professional field of the business consultant within the framework of the generally accepted professional standards.
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