Project management

Project management

Referring to the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project objectives.

Industry: Business services

Add a new term

Contributors in Project management

Become a Contributors

Project management

Fixed fee

Business services; Project management

A set contract amount for all labor, materials, equipment and services; and contractor’s overhead and profit for all work being performed for a specific scope of work.

Team building

Business services; Project management

The process of influencing a group of diverse individuals, each with their own goals, needs, and perspectives, to work together effectively for the good of the project such that their team will ...

A subset of project management that includes the processes required to ensure that the project includes all of the work required, and only the work required, to complete the project successfully. It ...

Firm-fixed-price (FFP) contract

Business services; Project management

A type of fixed price contract where the buyer pays the seller a set amount (as defined by the contract), regardless of the seller's costs.

Task

Business services; Project management

A term for work whose meaning and placement within a structured plan for project work varies by the application area, industry, and brand of project management software.

Authority

Business services; Project management

The right to apply project resources, expend funds, make decisions, or give approvals.

Fixed-price-incentive-fee (FPIF) contract

Business services; Project management

A type of contract where the buyer pays the seller a set amount (as defined by the contract), and the seller can earn an additional amount if the seller meets defined performance criteria.