- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
The probability of a product performing its intended function under specific conditions for a given period of time.
Industry:Business services
A fixed date imposed on a schedule activity or schedule milestone, usually in the form of a "start no earlier than" and "finish no later than" date.
Industry:Business services
A group of persons with a shared objective who fulfill their roles with little or no time spent meeting face to face. Various forms of technology are often used to facilitate communication among team members. Virtual teams can be comprised of persons separated by great distances.
Industry:Business services
A type of procurement document whereby the buyer requests a potential seller to provide various pieces of information related to a product or service or seller capability.
Industry:Business services
The process of formally recognizing that a new project exists, which includes transition of projects from one phase to another such as Scoping to Design or PS&E to Construction.
Industry:Business services
A planning technique used to provide products, services, and results that truly reflect customer requirements by translating those customer requirements into the appropriate technical requirements for each phase of project product development.
Industry:Business services
A method of estimating a component of work. The work is decomposed into more detail. An estimate is prepared of what is needed to meet the requirements of each of the lower, more detailed pieces of work, and these estimates are then aggregated into a total quantity for the component of work. The accuracy of bottom-up estimating is driven by the size and complexity of the work identified at the lower levels. Generally smaller work scopes increase the accuracy of the estimates.
Industry:Business services
A type of procurement document used to request proposals from prospective sellers of products or services. In some application areas, it may have a narrower or more specific meaning.
Industry:Business services
Any item, whether internal or external to the project, that is required by a process before that process proceeds. May be an output from a predecessor process.
Industry:Business services
