- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Industry:Business services
Scale, defined by Webster’s, is a progressive classification, as of size, amount, importance, or rank. In other words, scalability is the level of work planning required based on the project size, project complexity, and team size. The project manager determines the appropriate level of detail.
Industry:Business services
A series of steps followed in a regular definitive order to accomplish something.
Industry:Business services
The monetary value or price of a project activity or component that includes the monetary worth of the resources required to perform and complete the activity or component, or to produce the component. A specific cost can be composed of a combination of cost components, including direct labor hours, other direct costs, indirect labor hours, other indirect costs, and purchased price. (However, in the earned value management methodology, in some instances, the term cost can represent only labor hours without conversion to monetary worth.) See also actual cost and estimate.
Industry:Business services
A set of interrelated actions and activities performed to achieve a specified set of products, results, or services.
Industry:Business services
A criterion for comparing programs, projects, and alternatives when benefits or a given objective.
Industry:Business services
A discrete scheduled component of work performed during the course of a project. A schedule activity normally has an estimated duration, an estimated cost, and estimated resource requirements. Schedule activities are connected to other schedule activities or schedule milestones with logical relationships, and are decomposed from work packages.
Industry:Business services
The process of aggregating the estimated cost estimates of individual activities or work packages to establish a cost baseline.
Industry:Business services
