Free glossary of project management terms and definitions. I have been managing dozens of projects, small and huge, successful and unsuccessful. Designbuild db 1 a procurement or project delivery arrangement whereby a single entity a contractor with subconsultants, or team of contractors and engineers, often with subconsultants is entrusted with both design and construction of a project. Although it is human to behave irrationally in response to stressful circumstances, project management practitioners are often required to make difficult decisions in. An introduction to project management bureau of reclamation. Dear visitor, i am a pmp project management professional, certified by the project management institute since 2004. Resource smoothing is one of the project management tools used in the resource optimization techniques.
The project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization. Longest sequence of activities in a project plan which must be completed on time for the. Pdf he main objectives of this project management handbook pmh are to raise understanding regarding project management and provide. Project management essentials budgeting and cost control definitions actual plus estimate to complete. Projects bring about change and project management is. Section ii provides definitions for terms you will likely need as your project.
A project is an organized commitment of effort to produce a defined outcome within defined constraints of scope, time, budget, and quality. This glossary contains more than 600 terms and provides simple, clear explanations. Although it is human to behave irrationally in response to stressful circumstances, project management practitioners are often required to make difficult decisions in such situations. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these. Project management has been increasing in visibility both inside and outside the executive office. Following is a list of common terms, definitions, and acronyms used within the project management industry.
Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are accepted. A person or company that provides goods or services. This site is supposed to help you learn the required. The rapid outbreak of covid 19 is presenting an alarming health crisis. While many of these terms are not mentioned within the body of suite documents, they are nonetheless important to understand project management. Project management glossary contains a number of project management terms that will help the project team to standardize the project s startup process.
Projects are unique, transient endeavours undertaken to achieve a desired outcome. The ultimate resource for project management terminology. A forecasting method that takes the actual costs that have occurred and adds them to the planned cost of the remaining work. It is defined as a technique that adjusts the activities of a schedule model so that all requirements for the resources do not go beyond the resource limits already predefined during the planning. Owned by the project management institute pmi the project management body of knowledge pmbok is a collection of processes and knowledge areas accepted as best practice within the project management discipline pmp. This glossary is a guide to the most commonly used business analysis and project management terms. To help you achieve this goal, were offering this authoritative reference guide, pulling together a complete list of project management terminology. This chapter forms an introduction to the art and science of project management. The primary challenge of project management is to achieve all of the project goals within the given constraints.
Definitions project objectives to define the major objectives of the project deliverables the expected. Section i is a listing of basic project management terms. Information and translations of project management in the most comprehensive dictionary definitions resource on the web. Lets understand the definition and important concepts of project management along with the role of a project manager in detail.
It is possible to say that the concept of project management has. 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. Every course has its own glossary, and hence project management is not an exemption. May 08, 2019 project management keeps everything moving smoothly, on time, and on budget. Project management tools and techniques an introductory course in project management foundations training to capstone faculty by skill right sponsored by texas instruments, inc. The following definitions are provided for commonly used terms used by scheduling, estimating, projectconstruction management, and contract administration professionals, and construction claims experts involved with engineering and construction projects. Project management is the application of processes, methods, skills, knowledge and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters. Aug 24, 2017 the project management institute pmi is a notforprofit membership association, project management certification and standards organization. It has always been practiced informally, but began to emerge as a distinct profession in the mid20th century. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these important terms into practice with your proejcts.
This project management handbook is intended for anyone who is involved in or will be involved in projects that take place within or are conducted in association. If youre looking for a free download links of project management pdf, epub, docx and torrent then this site is not for you. Some tasks must begin at the same time, some must end at the same time and some cannot start until the other tasks have finished. 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. Understanding these terms and acronyms is an important. It is based on the pmi project management institute processes and terminology as found in the pmbok project. Project management, then, is the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.
All development workers, and community organisations may at times work with development projects. Project management is the discipline of using established principles, procedures and policies to manage a project from conception through completion. A project is a temporary effort to create a unique product, service or result. Scheduling, estimating, projectconstruction management. Project management glossary of terms usaid learning lab. Duncan, director of standards project management institute four campus boulevard newtown square, pa 190733299 usa. It is defined as a technique that adjusts the activities of a schedule model so that all requirements for the resources do not go beyond the resource limits already predefined during the planning there are only a few reusable resources that are limitless thus the time schedules have to. A business analysts glossary for project management. Feb 24, 2017 establishing standardized definitions for common project management terms is a challenge, even for seasoned pros.
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. The project management institute pmi is a notforprofit membership association, project management certification and standards organization. Project management definition and important concepts. Everything you need to know about project management terms is here in one list. Demystifying the 5 phases of project management smartsheet.
Project management has final deliverables that are constrained to a finite timescale and budget. Project management glossary and project planning glossary. A proposal for a unifying definition andreas munkmadsen dept. List of project management definitions, explanations. Get easyto understand explanations of all key concepts to make sure you use the. Yet we seldom find a precise definition of the concept.
A guide to the project management body of knowledge pmi standards committee william r. A project manager is a person responsible for the project, who may use project management to deliver it. Project management professional pmp a project management professional pmp is a person certified by the project management institute upon completion of a course of formal education, an examination, and a certain number of hours managing projects. Project management is the art and science of working within defined constraints of scope, time, cost, and quality. A project uses various resources to carry out these tasks.
Here, we talk about the key phases every project goes through and why project management skills are increasingly important today. Fundamentals of project management 4th edition nesa. Project management is the practice of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria at the specified time. Project management glossary terms used by project professional. During the definition phase of a project that involved developing a web application for a consortium of large organisations, no agreements were made concerning the is. The pmbok guide definition of proj ect management is application of knowledge, skills, tools, and techniques to project activities to meet. This site is supposed to help you learn the required vocabulary of the project management world. Project management professional pmp is a globally recognised certi. Stay on top of your game with this free and printable glossary of project management terms that also includes definitions. The word is frequently used in textbooks and standards. These project management pm practices are transferable to other types of projects beyond it that would benefit from project management. Biotechnology project management focuses on the intricacies of biotechnology research and development.
Application of knowledge, skills, tools and techniques to project activities to meet project requirements what is a project. Definition of project management in the definitions. Get easytounderstand explanations of all key concepts to make sure you use the. Localization project management includes many standard project management practices even though many consider this type of management to be a very different discipline. Conflict management conflict management is the process of identifying and addressing differences.
The pmo strives to standardize and introduce economies of repetition in the execution of projects. Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. Nov 02, 2015 everything you need to know about project management terms is here in one list. Getting started this chapter covers everything from picking the right projects, and working out. This may bring you into contact with consultants, project teams and project managers. For off, pmbok is an acronym for project management body of knowledge. It can involve a onetime project or an ongoing activity, and resources managed include personnel, finances, technology, and intellectual property. This information is usually described in project documentation, created at the. To ensure health and safety, project management institute has moved to a temporary remote work policy for pmi employees, contractors and third parties effective through 10 may. Glossary of standard project management terms page i developed by comptia. Project management glossary s project management glossary provides definitions and information for many common and not so common terms used in the complex field of project. Download and print the free glossary from our media gallery.
Establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. A project is carried out via a set of interdependent tasks. Activity definition identifying the specific activities which must be performed in order to produce the various project deliverables. 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 plan pmp the output of the definition phase of a project or programme. Effective conflict management prevents differences becoming destructive elements in a project. Accountability the obligation to report on ones actions. Apm body of knowledge definitions association for project. Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are. They publish guidelines, rules and characteristics for project, program and portfolio management. The project objective is defined in terms of scope or requirements, schedule, and cost. The complete glossary of project management terms smartsheet. Project management involves planning and organization of a companys resources to move a specific task, event, or duty towards completion. Project management keeps everything moving smoothly, on time, and on budget. The complete glossary of project management terminology. Definitions and measurement techniques article pdf available in project management journal 2 january 1988 with 9,032 reads how we measure reads.
Project in general refers to a new endeavor with specific objective and varies so widely that it is very difficult to precisely define it. A collection of formal, documented procedures that define how project deliverables and. Glossary of project management terms and acronyms used by project managers and business professionals. Project management is the art of managing all the aspects of a project. Risk intelligence and emotionally intelligent decision making for the project management practitioner by jayet moon april 15, 2020. Consensus unanimous agreement among the decisionmakers that. Project management glossary terms usaid learning lab. A project management plan is created by a project manager.
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