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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
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Project management
Requirement
Business services; Project management
A condition or capability that must be met or possessed by a system, product, service, result, or component to satisfy a contract, standard, specification, or other formally imposed documents. ...
Lag
Business services; Project management
A modification of a logical relationship that directs a delay in the successor activity. For example, in a finish-to-start dependency with a ten-day lag, the successor activity cannot start until ten ...
Work authorization
Business services; Project management
A permission and direction, typically written, to begin work on a specific schedule activity or work package or control account. It is a method for sanctioning project work to ensure that the work is ...
Budget authority
Business services; Project management
Authority provided by law to enter into financial obligations that will result in immediate or future outlays of federal government funds. Budget authority includes the credit subsidy costs for ...
Reserve
Business services; Project management
A provision in the project management plan to mitigate cost and/or schedule risk. Often used with a modifier (e.g., management reserve, contingency reserve) to provide further detail on what types of ...
Late finish date (LF)
Business services; Project management
In the critical path method, the latest possible point in time that a schedule activity may be completed based upon the schedule network logic, the project completion date, and any constraints ...
Work authorization system
Business services; Project management
A subsystem of the overall project management system. It is a collection of formal documented procedures that defines how project work will be authorised (committed) to ensure that the work is done ...
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