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Business services

The business service industry provides the core business skills and knowledge required for a high performing workplace.It covers an array of expertise, including customer contact, business administration, business management, business information and human resource management.

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Business services > Project management

schedule network analysis

Business services; Project management

The technique of identifying early and late start dates, as well as early and late finish dates, for the uncompleted portions of project schedule activities. See also critical ...

program

Business services; Project management

A group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. Programs may include elements of related ...

cost-plus-incentive-fee (CPIF) contract

Business services; Project management

A type of cost-reimbursable contract where the buyer reimburses the seller for the seller's allowable costs (allowable costs are defined by the contract), and the seller earns its ...

schedule performance index (SPI)

Business services; Project management

A measure of schedule efficiency on a project. It is the ratio of earned value (EV) to planned value (PV). The SPI = EV divided by PV. An SPI equal to or greater than one ...

program evaluation and review technique (PERT)

Business services; Project management

A project management technique for determining how much time a project needs before it is completed. Each activity is assigned a best, worst, and most probable time estimate. ...

cost risk assessment

Business services; Project management

A Cost Risk Assessment is a highly structured approach to incorporate consideration of uncertainty in project modeling and management. It is applied to the work product for a ...

schedule variance (SV)

Business services; Project management

A measure of schedule performance on a project. It is the algebraic difference between the earned value (EV) and the planned value (PV). SV = EV minus PV. See also earned value ...