Please feel free to send comments on typographical, formatting, or other errors. Basic project management reference library identify. Steps can be superimposed onto horizontal swimlanes for the roles that perform the steps activity. A comprehensive project management glossary project.
A statistical tool used to visualize a projects schedule, sequence of tasks, and even the critical path of tasks that must be completed on time in order for the project to meet its deadline. One measure of a disciplines level of professionalism is the quantity and quality of literature on the problems and techniques unique to that discipline. From a to z this comprehensive list will be useful for any project manager, team member or stakeholder or even those wanting to learn more about project management. Project management terms that every project manager should. All the project management tools, activities and techniques on this page help you create deliver sustainable change in your organization. The core aim of team role development is to build relationships between team members of the same team or between multiple team units. Every one of these templates are editable and can be easily modified to fit your project needs. Project management is a method of organizing all activities related to a project and its parts. A comprehensive glossary of project management terms. Accountability the obligation to report on ones actions. Project management glossary of terms page 8 fall 2007 budget the approved estimate for the project or any work breakdown structure component or any schedule activity. It has a defined beginning and end usually timeconstrained, and often constrained by funding or deliverables, undertaken to.
The project objective is defined in terms of scope or requirements, schedule, and cost. Project management principles free ebook in pdf format. The following glossary has been developed to help you succeed as a project manager by establishing standard definitions for commonlyused terms you will encounter in your career as a project manager. Usually it is a planning and organization of a companys resources in order to move a particular project, task, event or any duty toward the completion. They are mostly related to project selection methods and especially to the most common approach for project selection which is the economic model. This article summarizes the results of a survey circulated in an earlier edition of project management quarterly pmq, a survey that attempted to gauge how familiar pmq readers are with popular texts on practicing project. The project management life cycle is composed of five process groups. A project management template is a systematic approach to planning and guiding project processes from conception to completion of a specific project. Pmi permits and encourages the use of specific terms and definitions. Project management is a critical practice that applies knowledge of process, skills, tools, deliverables, and techniques to project activities to ensure a solid path to project success by meeting goals and requirements.
Establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. It has three key features to distinguish it from other forms of management and they include. Put the logic model in the context of project management define a work breakdown structure wbs and list the steps to create one explain why the wbs is the foundation of a project use the logic model and wbs templates in a reallife situation 7. The model that is discussed here forms the basis for all methods of project management. Project management techniques are equally suitable for building a cathedral or a garden shed. Glossary of standard project management terms page 4 of 18 developed by comptia. Benefits management plan a document that describes the activities necessary for achieving the benefits of a project and when these planned benefits will be delivered. Theyre designed to save project management time, trigger next steps and better organize the user. Newtown square, pennsylvania, project management institute, 2004, p. Consensus unanimous agreement among the decisionmakers that. The six phases of project management this chapter provides a sketch of the traditional method of project management.
Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. Project management glossary terms usaid learning lab. Top 10 project management terms and definitions teamgantt. Glossary of standard project management terms page i developed by comptia. The project management system comprises organization structure, information processing and decision.
This glossary contains more than 600 terms and provides simple, clear explanations. A project is carried out via a set of interdependent tasks. We encounter projects in our everyday livesin business and at home. Term definition estimate at completion eac the estimated total cost of the completed project at a particular time, using current project performance and. Choose a term from the alphabeticallysorted list to see the article. Download and print the free glossary from our media gallery. It also outlines metrics and procedures to measure progress against benefits. For more information, check out our complete guide to project management life. W ere happy to share these free project management templates. There are many financial terms in project management. Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are accepted. Conflict management conflict management is the process of identifying and addressing differences. The completion of all project objectives is project managements primary challenge.
Understanding these terms and acronyms is an important. The process achieves its objectives by identifying and building synergies. Refers to the process of managing time and schedule of a project, according to the plan. Later chapters go into more depth regarding a model that is particularly appropriate for itrelated projects. Watch our video about project management terms to learn what they mean and how to put them into practice for your projects. The complete glossary of project management terms smartsheet. Project management is a distinct area of management that helps in handling projects.
The project planning matrix 9 hierarchy of objectives. Glossary of project management terms pass using a speci. Project management templates are designed and prepared by professional project managers. Effective conflict management prevents differences becoming destructive elements in a project. Simply make a copy of the relevant page of the book, mark the error, and send it to. Kingdom of bahrain ministry of works mow pms chapter 20 pm glossary of terms page 2 of 19 reference. The purpose of a project may range from new product development to a service launch. Budget at completion bac the sum of all budget values established for the work to be performed on a project or a work breakdown structure component or a schedule activity. Understanding these top 10 project management terms is a great first step to leading your team and projects to success. Project management is the discipline of planning, organizing, motivating, and controlling resources to achieve specific goals. Time management is a broad term in project contexts, and can refer to personal time management skills, as well as managing a team.
Project management glossary and project planning glossary. Developed by the us navy in the 1950s, the private sector had its own version called critical path method cpm. Glossary of project management terms and acronyms used by project managers and business professionals. Moving house, a very common project for many people, lends itself as effectively to project management techniques such as tender analysis and network analysis, as relocating a major government department from the capital city to another town. So, make your task of project planning a whole lot easier and download these intuitive project management plan document templates. A guide to the project management body of knowledge. If you know these financial terms well as a project manager, you will be more confident about choosing the right project. The glossary gives brief explanations of the most important terms in project management. A project uses various resources to carry out these tasks. A project is a temporary endeavor designed to produce a unique product, service or result.
A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities. Late dates are calculated by means of a backward pass starting from a speci. To help you achieve this goal, were offering this authoritative reference guide, pulling together a complete list of project management terminology. The most complete project management glossary for professional project managers.
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