Project Management: Definitions and explanations page 2 PDF Book

Learn project management terms with definitions and explanations, PMP terminologies (Page 2) for MBA degree programs.


  1. What is Committed Cost?
    In the process of cost control, a cost reporting period is determined. all the actual incurred ...
  2. What is Committee Sponsorship?
    An individual who is responsible for the performance of a project is called project sponsor. generally, ...
  3. What is Common Cause Variation?
    A process can have different types of variations. a type of process variation that has known ...
  4. What is Communication Model?
    Communication can be made between two or more parties. the way of communicating the information, the ...
  5. What is Communication Requirements Analysis?
    There is a need of communication at different stages of the project and among different people. ...
  6. What is Communication Skills?
    Communication skills are a major requirement of project manager. project manager should communicate efficiently with the ...
  7. What is Communication Styles Assessment?
    Communication within the project is necessary. it is important to determine the appropriate style, content and ...
  8. What is Communication Technology?
    There is a need of communication at different stages of the project and among different people. ...
  9. What is Communication?
    Communication is the exchange (sending and receiving) of information between two or more parties. the information ...
  10. What is Communications Management Plan?
    Communication is a crucial part of project. it is important for a project team to communicate ...
  11. What is Communications Management?
    Effective communication among the key stakeholders of the project are necessary. this communication must be managed ...
  12. What is Competency Model?
    Traditionally, the project manager for a project is selected based on the job description. job description ...
  13. What is Competing or Forcing?
    Conflicts may arise between the members of a project team due to their different backgrounds, expertise, ...
  14. What is Completion Contract?
    The final stage of the procurement process is to select the appropriate type of contract and ...
  15. What is Complexity?
    The word 'complexity' refers to something being complicated. projects can be of different types, easy or ...
  16. What is Compromising?
    Conflicts are a part of project. a project manager must identify the conflicts among the team ...
  17. What is Concurrent Engineering?
    The traditional way of doing work was to perform the tasks in series i.e. the next ...
  18. What is Conducting Procurement?
    After the potential sellers or vendors are identified, a request is sent to them to submit ...
  19. What is Configuration Management Plan?
    Changes in a project are needed to be identified. not only the changes in the schedule ...
  20. What are Conflict Resolution Skills?
    Conflicts during the project are must and cannot be avoided. when different people work together, they ...
  21. What is Conflict?
    When people with different backgrounds, skill sets and demographics work together, it is impossible to not ...
  22. What is Connectivity?
    Project related risks have a number of characteristics. these characteristics must be considerd when performing risk ...
  23. What is Consumer's Risk?
    Wherever 100% inspection of products is not possible, organization adopts the process of acceptance sampling. acceptance ...
  24. What is Context Diagram?
    After defining scope and collecting project requirements, the scope and requirements must be modelled or diagrammed. ...
  25. What is Contingency Plan?
    Sometimes a task or an activity fails in the first time while carrying out the project. ...
  26. What is Contingency?
    Contingency is also termed as management reserve. the costs of all the activities are estimated by ...
  27. What is Contract Administrator?
    When a contract is made between customer organization and a contractor, it is important to monitor ...
  28. What is Contract?
    A contract is usually a written document showing the agreement between a customer and a contractor ...
  29. What is Control Chart?
    Control charts are also called process charts or process control charts. these are used to monitor ...
  30. What is Control Quality?
    It is important to consider quality of project deliverables in project management in addition to the ...
  31. What is Control Resources?
    The resources needed to carry out the project are allocated by the project manager. however, the ...
  32. What is Controllability?
    Risk assessment involves analyzing the project related risks. for assessment, the important things to be considerd ...
  33. What is Controlling?
    One of the responsibilities of a project manager is controlling the project. it involves tracking the ...
  34. What is Coordinating?
    Directing subordinates (project team members) is an important function of management. a project manager must be ...
  35. What is Cost Account?
    One of the responsibility of a project manager is to estimate and compare costs. project managers ...
  36. What is Cost Baseline?
    Cost baseline is basically a detailed budget of the project. the cost estimates of all the ...
  37. What is Cost Benefit Analysis?
    In management, selecting and qualifying projects is important. it means to determine the worth of a ...
  38. What is Cost Control?
    Besides tracking the actual performance of the project based on completed work, the cost performance also ...
  39. What is Cost Estimate?
    A specific cost is associated with each and every activity of the project. these costs must ...
  40. What is Cost Management Plan?
    A very necessary part of project management is the estimation of costs associated with the project ...
  41. What is Cost of Quality?
    In a project, just as important it is to complete the project on time and within ...
  42. What is Cost Performance Index?
    Monitoring of a project is necessary. the difference between the planned work and the actual work ...
  43. What is Cost Plus Award Fee?
    The two broad classes of contract include fixed price contracts and cost-reimbursement contracts. the type of ...
  44. What is Cost Plus Fixed Fee?
    Contracts can be classified into two categories. the contract categories affect the procurement planning process. the ...
  45. What is Cost Plus Incentive Fee?
    A contract is a legal document listing all the terms and conditions agreed between two parties. ...
  46. What is Cost Reimbursement Contract?
    To carry out a project, a customer and contractor makes a contract for that specific project. ...
  47. What is Cost Section of a Proposal?
    A customer requests the contractors for proposals for a particular project. this proposal from a contractor ...
  48. What is Cost Variance?
    It is important to monitor if the actual work performed is according to the plan. in ...
  49. What is Counseling?
    Directing is a function of management which must be performed by a project manager. project team ...
  50. What is Crash Cost?
    Activities are assumed to be performed under normal conditions. the activity durations are estimated based on ...
  51. What is Crash Time?
    The activity durations for a project are estimated keeping in mind the assumption that the activities ...
  52. What is Crashing?
    Uncertainties can happen in the project. due to these uncertainties, the project schedule must be adjusted. ...
  53. What is Critical Path Method?
    Usually network diagrams for large projects are complex and involve a large number of activities. a ...
  54. What is Critical Path?
    Usually network diagrams for large projects are complex and involve a large number of activities. a ...
  55. What are Critical Success Factors?
    When a project is to be carried out, the first thing that comes to mind is ...
  56. What is Cultural Awareness?
    A project team along with the key project stakeholders may belong to different backgrounds and cultures. ...
  57. What is Cumulative Actual Cost?
    One important purpose of developing a plan is to refer to it during the project for ...
  58. What is Cumulative Budgeted Cost?
    A planned project is to be divided into the activities and tasks. the tool used to ...
  59. What is Customer Feedback Meeting?
    When a project is completed, a meeting with the customer is conducted to get feedback regarding ...
  60. What are Customer Requirements?
    Customer requirements are the features or attributes of the project that a customer expects. requirements must ...