Project management

Project management

Referring to the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project objectives.

Industry: Business services

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Project management

progress meeting

Business services; Project management

A meeting dedicated essentially to contractor progress during the construction phase.

A specific type of project schedule compression technique performed by taking action to decrease the total project schedule duration after analyzing a number of alternatives to determine how to get ...

scheduling

Business services; Project management

The process of converting a general or outline plan for a project into a time-based schedule based on the available resources and time constraints.

progress milestones

Business services; Project management

Those milestones identified as the basis for making progress payments.

criteria

Business services; Project management

Standards, rules, or tests on which a judgment or decision can be based, or by which a product, service, result, or process can be evaluated.

scope

Business services; Project management

The sum of the products, services, and results to be provided as a project. See also project scope and product scope.

progress payment

Business services; Project management

Partial payments on a contractor’s contract amount, periodically paid by the owner for work accomplished by the contractor to date, determined by calculating the difference between the completed work ...