This glossary was produced by comptia, the computing technology industry association. Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. The complete glossary of project management terms smartsheet. From pmo to prince2, well give you the terminology and resources youll. The term and concept comes from agile project management techniques in the software industry. Project management glossary of terms activity an element of project work that has an expected duration, and usually consumes cost and resources. Section ii provides definitions for terms you will likely need as your project. Project management has been increasing in visibility both inside and outside the executive office. The ultimate resource for project management terminology. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. Once the components are selected, they are prioritized based on their scores and other considerations by senior management. Glossary of project management terms and acronyms used by project managers and business professionals.
Download and print the free glossary from our media gallery. 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. The formal process of accepting delivery of a product or. Glossary of consulting terms free management library. Glossary of consulting terms action plan specification of how a specific action is to be achieved, for example, in a change management plan. Get easyto understand explanations of all key concepts to make sure you use the. This glossary is a guide to the most commonly used business analysis and project management terms. Sprints allow teams to leverage incremental improvements. Scheduling, estimating, projectconstruction management, contract administration, and construction claims terminology for engineering and construction projects a quick reference guide of the most commonly used terms with short definitions. In order to promote public education and public safety, equal justice for all, a better informed citizenry, the rule of law, world trade and world peace, this legal document is hereby made available on a noncommercial basis, as it is the right of all humans to. A person or company that provides goods or services. Project management has its own terminology and abbreviations, making your entry into the field pretty hard. Our definitions of the most common project management terms will prepare you for the next project meeting.
Project management process groups are not project phases. Project management terms that every project manager should. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever. From pmo to prince2, well give you the terminology and resources youll need as a beginner in project management. The application of processes, methods, knowledge, skills and experience to achieve the project objectives. Dictionary of project management terms and acronyms. Accountability the obligation to report on ones actions. Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are accepted. The purpose of this article is to go through the main components and terms used in microsoft project and make them easier to understand.
An abbreviation for air conditioner or air conditioning. A glossary of useful terminology project management huts. Activities generally cover one or more tasks from a work package. Scheduling, estimating, project construction management, contract administration, and construction claims terminology for engineering and construction projects a quick reference guide of the most commonly used terms with short definitions. A glossary of project management terms every discipline has its own vocabulary, and project management is no exception. Everything you need to know about project management terms is here in one list. Top 40 project management terms and concepts of 2020 ntask. 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. A complete glossary of project management terms you should know. A comprehensive project management glossary project. Part of the process of successfully deploying project management in your organization is to standardize the terminology.
A report is provided to describe if the project is feasible and what will be required to move forward with the project. Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. Agileagile or agile development is a modern approach to software. Project management glossary terms used by project professional. The definitive glossary of project management terms. Includes listing of objectives that, when accomplished in total, accomplish the overall action. The management of one or more portfolios of projects. A business analysts glossary for project management. The tasks, techniques, tools applied from project execution to delivery. Glossary of project management terms assumption there may be external circumstances or events that must occur for the project to be successful or that should happen to increase your chances of success. A logical grouping of project management inputs, tools and techniques, and outputs. Since january 2016, the lexicon committee has been chartered to maintain the lexicon.
Project portfolio management glossary genius project. This glossary includes terms pertinent to operations management. While there are many project management terms that are easily understood, even to the layman, there are. 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. Nov 02, 2015 everything you need to know about project management terms is here in one list. The project management process groups include initiating processes, planning processes, executing processes, monitoring and controlling processes, and closing processes. Project management terms that every project manager should know. The outside fan unit of the air conditioning system. 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. Project management glossary of terms q rationalplan. Glossary of standard project management terms geam. If you believe that the probability of the event occurring is acceptable, you could list it as an assumption. Establishing standardized definitions for common project management terms is a challenge, even for seasoned pros.
The project glossary is a collection of vocabularies or phrases the terms captured from various models, reports and any other artifacts in the software project. Apr 04, 2018 to begin our project management 101, we must first define some project management terms. Mow pms chapter 20 pm glossary of terms page 1 of 19 reference. To help you achieve this goal, were offering this authoritative reference guide, pulling together a complete list of project management terminology. It was compiled to assist operations management students in courses at the university of michigan business school. Project management glossary washington state department. Appendix a glossary of project management terms a activity an element of work performed during the course of a project. Section i is a listing of basic project management terms. A glossary of terms relating to project management and consulting. Whether youre looking to understand some key project management terms, or need a complete project management glossary, youve come to the right place. The pmi lexicon of project management terms offers clear and concise definitions for nearly 200 of the professions frequently used terms for anyone involved in project, program, and portfolio management, the lexicon is an essential resource to foster understanding and consistent usage of terminology. Project planners speak in a short hand that often excludes even computer literate individuals. For each objective, specifies position responsible to.
Jan 05, 2015 project management glossary of terms pro pv january 5, 2015. This glossary was developed by comptia, using a variety of industry references and a number of project management subjectmatter experts. Activity definition identifying the specific activities which must be performed in order to produce the various project deliverables. Pmp is the worlds leading certification on project management.
Understanding these terms and acronyms is an important. A comprehensive glossary of project management terms. Aggregate planning is an operational activity which does an aggregate plan for the production process, in advance of 2 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of. An iterative unit of time, typically a one, two, or four week period. Free glossary of project management terms and definitions. While there are many project management terms that are easily understood, even to the layman, there are some that even seasoned project professionals need help with. Jan 14, 2009 microsoft project a glossary of useful terminology by john caulfield. 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.
Project management glossary of terms usaid learning lab. A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities. Scheduling, estimating, projectconstruction management. Start studying project management terminology learn vocabulary, terms, and more with flashcards, games, and other study tools. Understanding these terms and acronyms is an important step towards success in project management. Sort through the jargon with our glossary of project management terms and their definitions. A business analysts glossary for project management terminology. Microsoft project a glossary of useful terminology by john caulfield. Project management plan pmp the output of the definition phase of a project or programme. An activity normally has an expected duration, an expected cost, and expected resource requirements. In construction, acoustical materials used to keep down noise within a room or to. Each term are defined with its meaning specific to the project domain.
Stay on top of your game with this free and printable glossary of project management terms that also includes definitions. Project management glossary of terms z january 5, 2015. Project management glossary of terms pro pv january 5, 2015. A phase in the portfolio life cycle where the component projects and programmes are balanced in terms of risk, resource usage, cash flow and impact across the. A project is a sequence of tasks that lead toward a singular goal. Project management glossary and project planning glossary. Project management glossary of terms pa pro january 5, 2015. Normally, resource requirements are used to perform resourceconstrained scheduling. Project management glossary terms usaid learning lab. At examspm, we have a free course to teach you how you can get certified in the.
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