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Project Management: Definitions and explanations page 9 PDF | Download eBooks

Learn project management terms with definitions and explanations, PMP terminologies (Page 9) for MBA degree programs.


  1. What is Supply Support?
    Different projects provide different deliverables to the customers. on the basis of that, the projects are ...
  2. What is Support Equipment?
    Material project is a type of project which requires services and maintenance of the project deliverables ...
  3. What is Technical Data?
    There are different types of project. the project types are based on the type of deliverable ...
  4. What is Training Support?
    Logistics support is a term given to providing maintenance, repair and support to project deliverables after ...
  5. What is Design Interface?
    Whenever projects are carried out, the main aim is to provide the required deliverables to the ...
  6. What are Facilities?
    Material projects are the types of projects that involve some material/physical deliverables that are to be ...
  7. What is Supportability?
    Logistic support is defined as the process of maintaining and repairing the project deliverables after they ...
  8. What is Readiness?
    Customers define their requirements of the project. these requirements must be translated to the acceptable deliverables ...
  9. What is Capital Budgeting?
    An organization can identify several different opportunities for a new project. the top management of the ...
  10. What is Payback Period?
    A project must be selected based on a pre-defined selection criteria. a way of selecting a ...
  11. What is Net Present Value Method?
    An organization identifies different opportunities for a project. these opportunities must be evaluated to select the ...
  12. What is Internal Rate of Return?
    In order to select a project among all the opportunities and alternatives, a selection criteria is ...
  13. What is Capital Rationing?
    An organization can identify several different opportunities for a new project. the top management of the ...
  14. What is Variance?
    Variance is generally defined as deflection, deviation or inconsistency from a planned path. variance in project ...
  15. What is Decision Making Under Certainty?
    65decisions are to be made at every step of the project, from start till the end. ...
  16. What are Demonstration Events?
    Risk control is the process of reducing the risk probabilities of occurrence and associated impact on ...
  17. What is Robust Design?
    It is must that a project contains risks. these risks must be identified and monitored in ...
  18. What is Test Analyze and Fix?
    Risks in a project are inevitable. risks must be identified, monitored and controlled. the chances of ...
  19. What is Labor Efficiency?
    A concept that outlines the fact that a person gets better at a job, the more ...
  20. What is Manufacturing Break?
    As the name indicates, manufacturing break is the time between two manufacturing orders. when a manufacturing ...
  21. What is Project Management Maturity Model?
    Organizations tend to achieve excellence in the field of project management. it is not necessary that ...
  22. What is Competency Model?
    Traditionally, the project manager for a project is selected based on the job description. job description ...
  23. What is Malcolm Baldrige National Award?
    The baldrige excellence program has formed basis for a number of international awards in quality. one ...
  24. What is Quality Policy?
    Although it is important to provide the deliverables to the customer and complete the project on ...
  25. What are Quality Objectives?
    Quality improvement and management has become a necessary part of project management. customers not only want ...
  26. What is Quality Assurance?
    The traditional concept of project management was to provide require deliverables to the customer. the new ...
  27. What is Quality Control?
    In the field of quality management, it is necessary to assure the quality of the product ...
  28. What are Prevention Costs?
    When an organization focuses on quality management. some costs are incurred. these costs are called costs ...
  29. What are Appraisal Costs?
    Quality management involves processes and activities that help to prevent quality defects, and assure and control ...
  30. What are Internal Failure Costs?
    Everything comes with a cost. when an organization tries to reduce the costs associated with non-conforming ...
  31. What are External Failure Costs?
    Organizations, nowadays, are adopting quality management. when the products of an organization are monitored to make ...
  32. What is Data Table?
    In order to control quality, the processes are focused. it is considered that the products become ...
  33. What is Pareto Diagram?
    Non-conformities in products can occur due to many different reasons. whatever the reason of defects is, ...
  34. What is Variable Control Charts?
    In order to control the non-conformities in the produced products, it is important to focus on ...
  35. What is Process Capability?
    A process that produces the products must be capable enough to produce all the products according ...
  36. What is Acceptance Sampling?
    Quality control has become an important part within an organization. the products produced by an organization ...
  37. What is Producer's Risk?
    Sometimes, it is not possible to inspect all the produced products to check the quality. due ...
  38. What is Consumer's Risk?
    Wherever 100% inspection of products is not possible, organization adopts the process of acceptance sampling. acceptance ...
  39. What is Quality Leadership?
    Project management and total quality management are closely related when it comes to leadership. the elements ...
  40. What is Quality Circle?
    Quality is not the responsibility of an individual. several people of the organization must be involved ...
  41. What is Just-in-Time Manufacturing?
    In quality management, a concept of just-in-time is generally used. just-in-time manufacturing is a type of ...
  42. What is Requirement Cycle?
    When a project is to be carried out, it is important to identify the requirements. the ...
  43. What are Design Specifications?
    The first step of a project is to identify the requirements for the project. the requirements ...
  44. What are Performance Specifications?
    Requirement cycle of the project involves defining the requirements. the requirements of the project can be ...
  45. What are Functional Specifications?
    Requirements must be identified before carrying out a project. requirements of a project are defined using ...
  46. What is Solicitation Cycle?
    After the requirements are identified, the needed products, services, supplies or items must be acquired. there ...
  47. What is Award Cycle?
    After the requirements are identified, the needed products or services are acquired by selecting the appropriate ...
  48. What is Completion Contract?
    The final stage of the procurement process is to select the appropriate type of contract and ...
  49. What is Term Contract?
    The award cycle of the procurement process ends with signing a contract with the selected supplier ...
  50. What is Contract Administrator?
    When a contract is made between customer organization and a contractor, it is important to monitor ...
  51. What is Accessibility?
    A project manager is responsible to carry out a project effectively, efficiently, and successfully. there are ...
  52. What is Common Cause Variation?
    A process can have different types of variations. a type of process variation that has known ...
  53. What is Staffing?
    A project manager is responsible to communicate with, motivate and encourage the team members to carry ...
  54. What is Supervising?
    As different project managers use different management school philosophies, their style of management is different form ...
  55. What is Motivation?
    Different project manager may use different management philosophies. the philosophies involve different principals or functions. one ...
  56. What is Counseling?
    Directing is a function of management which must be performed by a project manager. project team ...
  57. What is Coordinating?
    Directing subordinates (project team members) is an important function of management. a project manager must be ...
  58. What is Theory X?
    There can be different ways to perform the principals and functions of management. these ways depend ...
  59. What is Theory Y?
    Project managers tend to adopt different strategies to direct their project team members. a strategy to ...
  60. What is Life Cycle Leadership Model?
    Leadership is an important aspect of a project manager's behavior. a project manager must possess excellent ...