Project Management: Definitions and explanations page 9
Learn project management terms with definitions and explanations, PMP terminologies (Page 9) for MBA degree programs.
- What is Start to Finish?
Important of relationships in a project schedule needs to be considered. it is necessary to understand ... - What is Start to Start?
It is necessary to understand the relationship between the activities associated with the project when the ... - What is Statement of Work?
A statement of work refers to the project scope. it gives the tasks and activities that ... - What is Statistical Sampling?
Sometimes, the number of products produced are very high and not all of them can be ... - What is Status Review Meeting?
Meetings are conducted to communicate with everyone involved in the project. there are different types of ... - What is Stereotyping?
Stereotyping shows a generalized opinion about a group of people. stereotyping can be done based on ... - What is Storming?
Development of a team is divided into four stages. the second stage of team development is ... - What is Storyboarding?
Prototyping is a method that is used to experiment on the design or a model of ... - What is Strategic and Business Management Skills?
A project manager along with all the other skills also need strategic and business management skills. ... - What is Strategic Business Unit?
Sometimes, an organization involves a number of businesses. these organizations, nowadays, have restructured to form strategic ... - What is Strategic Impact?
Different characteristics are associated with project related risks. a project manager usually identifies the probability of ... - What is Strategic Partnership?
There are many different situations when an organization needs to work closely with other organizations, parties ... - What is Success?
When projects are carried out, the most important aspect is the success. the definition of word ... - What is Successor Event?
Generally, a successor event refers to an event that immediately follows a previous event without any ... - What is Supervising?
As different project managers use different management school philosophies, their style of management is different form ... - What is Supply Support?
Different projects provide different deliverables to the customers. on the basis of that, the projects are ... - What is Support Equipment?
Material project is a type of project which requires services and maintenance of the project deliverables ... - What is Supportability?
Logistic support is defined as the process of maintaining and repairing the project deliverables after they ... - What is SWOT Analysis?
A project must be analyzed internally and externally. the factors internal to the project that can ... - What is System?
A system is basically a combination of a number of components. a group of things/elements are ... - What is Systems Development Life Cycle?
To computerize different operations and processes of an organization, information systems are developed. the development of ... - What is Team Building?
Team building is different from team forming. team forming involves getting together the members that are ... - What is Team Charter?
To complete a project, resources are needed. one of the most important resource needed for a ... - What is Teamwork?
A project team is a group of people having different backgrounds, skills and expertise who work ... - What is Technical Data?
There are different types of project. the project types are based on the type of deliverable ... - What is Technical Design Review Meeting?
A tool used to communicate face to face with the people involved in the project is ... - What is Technical Performance Analysis?
Risks associated with the projects must be identified. after the identifiication, it is important to asses ... - What is Technical Section of a Proposal?
A proposal from a contractor for a particular project is divided into three sections. one of ... - What are Technical Skills?
Although it is difficult for one person (i.e. program manager) to possess all the required technical, ... - What is Teleconferencing?
When it is not possible for team members to meet for a face-to-face meeting, teleconferencing can ... - What is Term Contract?
The award cycle of the procurement process ends with signing a contract with the selected supplier ... - What is Test Analyze and Fix?
Risks in a project are inevitable. risks must be identified, monitored and controlled. the chances of ... - What is Testing?
Testing is basically an investigation conducted in order to check the quality of the project or ... - What is Theory X?
There can be different ways to perform the principals and functions of management. these ways depend ... - What is Theory Y?
Project managers tend to adopt different strategies to direct their project team members. a strategy to ... - What is Three Point Estimate?
A project is decomposed into its associated activities in order to estimate the activity durations and ... - What is Time and Material Contract?
The terms and conditions that the two parties i.e. customer and contractor, agreed upon are listed ... - What is Time Cost Trade off?
In a project, two factors are very crucial. one is time duration of the activities and ... - What are Time Management Skills?
A project manager must possess time management skills. a project is time specific. it involves a ... - What is Time Management?
A project involves a lot of activities and tasks that must be performed on time so ... - What is To-Completion Performance Index?
It is important to monitor if the actual work performed is according to the plan/schedule and ... - What is Total Budgeted Cost?
After the project is planned, the project is divided into activities through work breakdown structure. a ... - What is Total Elapsed Time?
When a project is divided into the associated activities and tasks, not only the sequence of ... - What is Total Slack?
Sometimes an activity takes more time than the estimated duration. this time must be calculated in ... - What is Traffic Light Reporting System?
When a project is carried out, the performance must be monitored so that it can be ... - What is Training Support?
Logistics support is a term given to providing maintenance, repair and support to project deliverables after ... - What is Transactional Leadership?
Leadership is important in all the aspects of life. a leader is able to motivate and ... - What is Transformational Leadership?
The act of leading and guiding a group of people is called leadership. a leader is ... - What is Transitional Management?
Different organizations have a different organizational structure based on the products they offer. with the increasing ... - What is Trend Analysis?
It happens normally that a problem re-occurs during the project or the same problem occurs in ... - What is Turnover?
Sometimes during a project, some project team members leave the project due to many different reasons. ... - What is Urgency?
When a project is carried out, potential project related risks, their chances of occurrence and impact ... - What is Validating Scope?
The processes involved in monitoring and controlling process group deal with tracking and reviewing the actual ... - What is Variability Risk?
Every project has some uncertainty. there is always a chance that an unfortunate event might happen ... - What is Variable Control Charts?
In order to control the non-conformities in the produced products, it is important to focus on ... - What is Variance Analysis?
Although a project is planned before start and the project manager along with his/her project team ... - What is Variance?
Variance is generally defined as deflection, deviation or inconsistency from a planned path. variance in project ... - What is Voting?
During a project, decisions are to be made at every step. different tools and techniques can ... - What is What-If Scenario?
While scheduling the project, different data analysis techniques can be used. one of the technique is ... - What is Win Ratio?
When trying to submit a proposal in response to request for proposal, a contractor assesses its ...