- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
Any unique and verifiable product, result, or capability to perform a service that must be produced to complete a process, phase, or project. Often used more narrowly in reference to an external deliverable, which is a deliverable that is subject to approval by the project sponsor or customer. See also product, service, and result.
Industry:Business services
All costs for a specific project, including costs for land, professionals, construction, furnishings, fixtures, equipment, financing, and any other project-related costs.
Industry:Business services
A relation between activities, such that one requires input from the other.
Industry:Business services
A risk that arises as a direct result of implementing a risk response.
Industry:Business services
Launching a process that can result in the authorization and scope definition of a new project.
Industry:Business services
Useful work performed that does not produce a tangible product or result, such as performing any of the business functions supporting production or distribution. Contrast with product and result. See also deliverable.
Industry:Business services
A simulation uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the total project. Project simulations use computer models and estimates of risk, usually expressed as a probability distribution of possible costs or durations at a detailed work level, and are typically performed using the Monte Carlo analysis.
Industry:Business services
A collection of generally sequential project phases whose names and numbers are determined by the control needs of the organization or organizations involved in the project. A life cycle can be documented with a methodology.
Industry:Business services
The costs directly attributed to a work-scope, such as labor, material, equipment, and subcontracts, but not the cost of operations overhead and the labor, material, equipment, and subcontracts expended in support of the undertaking. Direct Costs, Hard Costs, and Construction Costs are synonymous.
Industry:Business services
Ability to use knowledge, a developed aptitude, and/or a capability to effectively and readily execute or perform an activity.
Industry:Business services
