Project Management: Definitions and explanations page 5 PDF Book

Learn project management terms with definitions and explanations, PMP terminologies (Page 5) for MBA degree programs.


  1. What is Malcolm Baldrige National Award?
    The baldrige excellence program has formed basis for a number of international awards in quality. one ...
  2. What is Manageability?
    Usually the factors important regarding a project associated risk are probability of occurrence and impact on ...
  3. What is Management Elements?
    To run an organization, effective management is important. management is comprised of different components and aspects. ...
  4. What is Management Review?
    It is not a good practice to check the performance of the project after its completion ...
  5. What is Management Section of a Proposal?
    Every project requires a proposal from a contractor. there are three sections of a project proposal. ...
  6. What is Management Systems School?
    Project management is closely related to general management as many of the functions and principals of ...
  7. What is Managing Change?
    When a project is carried out, it never goes as planned. changes occurring in the project ...
  8. What is Managing Communication?
    After the communications are planned according to the communication requirements, communication must also be managed. the ...
  9. What is Managing Project Knowledge?
    After the project is planned, the main focus of the project team is to execute the ...
  10. What is Managing Quality?
    When a quality management plan is developed for a project, it is necessary to implement the ...
  11. What is Managing Stakeholder Engagement?
    Identification of project stakeholders is important to increase their engagement in the project. that is why ...
  12. What is Managing Team?
    A project team consisting of a number of members, all possessing different skill sets, work together ...
  13. What is Mandatory Dependencies?
    Activities associated with the project are interdependent and linked together. a dependency is basically when one ...
  14. What is Manufacturing Break?
    As the name indicates, manufacturing break is the time between two manufacturing orders. when a manufacturing ...
  15. What is Market Research?
    In the process of procurement management, some tools and techniques can be used for data collection. ...
  16. What is Master Production Schedule?
    When the work is planned and authorized, using subdivided work description (swd), the production can take ...
  17. What is Matrix Diagram?
    As the name indicates, matrix diagrams involve rows and columns like a matrix and tend to ...
  18. What is Matrix Layering?
    A matrix organization is a combination of functional organization and project-based organization. the functional employees become ...
  19. What is Matrix Project?
    A systems view of project management broadly classifies projects into different categories. these categories take into ...
  20. What is Matrix-Type Organization?
    A matrix type organization is a combination of functional organization and project-type organization. although the matrix ...
  21. What is Maturity?
    Organizations undertake a number of projects. with the passage of time, they understand the proper techniques ...
  22. What is Meeting?
    A meeting is an assembly of two or more people to discuss something important in a ...
  23. What is Milestone List?
    Milestones are basically specific points in a project which are to be achieved to successfully complete ...
  24. What is Mind Mapping?
    A tool that diagrammatically provides visual information on a particular concept is called mind mapping. mind ...
  25. What is Monitoring and Controlling Process Group?
    Five different types of project management process groups are used throughout the project life cycle. these ...
  26. What is Monitoring and Controlling Project Work?
    It is important to monitor the performance of a project. the monitoring is necessary to identify ...
  27. What is Monitoring Communication?
    Communication within the project is necessary. the communication requirements of the project are to be identified ...
  28. What is Monitoring Stakeholder Engagement?
    Key stakeholders of the project are identified at early stages. due to this identification, the engagement ...
  29. What is Monte Carlo Process?
    Uncertainties are associated with every project. these uncertainties and risks must be identified and analyzed byt ...
  30. What is Most Likely Time?
    After the planning phase of a project, the tasks and activities associated with the project are ...
  31. What is Motivation?
    Different project manager may use different management philosophies. the philosophies involve different principals or functions. one ...
  32. What is Multi Criteria Decision Analysis?
    Situations during a project arise when tough decisions are to be made. although decisions are made ...
  33. What is Needs Identification?
    The first stage of a project life cycle is needs identification. a customer identifies opportunities or ...
  34. What is Net Present Value Method?
    An organization identifies different opportunities for a project. these opportunities must be evaluated to select the ...
  35. What is Network Planning?
    In the planning phase of a project, the activities or tasks involved in the successful completion ...
  36. What is Nominal Group Technique?
    When brainstorming, a large number of ideas are generated as brainstorming focuses on quantity rather than ...
  37. What is Non-Functional Requirements?
    The requirements of the product or service is broadly classified into two groups. these groups are ...
  38. What is Normal Cost?
    When the activities are performed under normal time, the cost associated with the activities is called ...
  39. What is Normal Time?
    When the time duration of the activities are estimated, they are considered to be performed under ...
  40. What is Norming?
    When different people start working together, they have a feeling of nervousness, are not been able ...
  41. What is On-Demand Scheduling?
    Scheduling provides the direction on how and when the project associated activities must be performed and ...
  42. What is Operations Management?
    Although operations management is never studied under the project management field yet it is somewhat linked ...
  43. What is Opportunity Acceptance?
    There are a number of strategies that can be used to exploit opportunities and use them ...
  44. What is Optimistic Time?
    When a project is planned, the activities associated with the project are defined and their time ...
  45. What is Oral Communication?
    Communication is a key part of successful project management. one type of communication within and outside ...
  46. What is Organizational Breakdown Structure?
    The human resource of the project is assigned with different tasks and responsibilities. these responsibilities and ...
  47. What is Organizational Process Assets?
    Organizations work with different resources and assets. these can include plans, policies, processes, procedures, knowledge etc. ...
  48. What is Organizational Project Management?
    Although a project, program and portfolio, all have their own goals and objectives, strategies, methods and ...
  49. What are Organizational Skills?
    Program managers work in the organizations so they must know the way of working for and ...
  50. What is Organizational System?
    When organizations carry out projects, they are performed under certain constraints that are imposed by the ...
  51. What is Organizational Theory?
    An organizational theory shows how the individuals interact with each other and studies the effects of ...
  52. What is Organizing?
    One of the responsibilities of a project manager is organizing the project. it involves allocating appropriate ...
  53. What is Overhead?
    Overhead is a term used for the indirect costs of a project. overhead refer to the ...
  54. What is Parametric Estimating?
    It is important to estimate the costs and activity durations after the project is decomposed into ...
  55. What is Pareto Diagram?
    Non-conformities in products can occur due to many different reasons. whatever the reason of defects is, ...
  56. What is Partnership?
    If a project is small, it is possible for an organization to work alone on it ...
  57. What is Payback Period?
    A project must be selected based on a pre-defined selection criteria. a way of selecting a ...
  58. What is Payment Term?
    When a contract is made between a customer and a contractor to carry out a particular ...
  59. What is Penalty Power?
    Interpersonal influences are the types of informal powers of a project manager that he or she ...
  60. What is Perceived Failure?
    When the expectations are unrealistic, it is considered that failure will definitely occur. this is called ...