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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

firm-fixed-price (FFP) contract

Business services; Project management

A type of fixed price contract where the buyer pays the seller a set amount (as defined by the contract), regardless of the seller's costs.

task

Business services; Project management

A term for work whose meaning and placement within a structured plan for project work varies by the application area, industry, and brand of project management software.

project scope management plan

Business services; Project management

The document that describes how the project scope will be defined, developed, and verified; how the work breakdown structure will be created and defined; and provides guidance on ...

fixed duration scheduling

Business services; Project management

A scheduling method in which, regardless of the number of resources assigned to the task, the duration remains the same.

team

Business services; Project management

Two or more people working interdependently toward a common goal and a shared reward.

project risks

Business services; Project management

Factors that may cause a failure to meet the project’s objectives. Risks may be associated with opportunities. Risk is the product of the probability of an event occurring, times ...

final inspection

Business services; Project management

A final site review of the project by the contractor, owner, or owner’s authorized representative prior to issuing the final certificate for payment.