- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
The technique of evaluating a component or product at the end of a phase or project to assure or confirm it satisfies the conditions imposed. Contrast with validation.
Industry:Business services
The process of formally recognizing that a new project exists, which includes transition of projects from one phase to another such as Scoping to Design or PS&E to Construction.
Industry:Business services
The approved estimate for the project or any work breakdown structure component or any schedule activity.
Industry:Business services
A formally documented change request that is submitted for approval to the integrated change control process. Contrast with approved change request.
Industry:Business services
Knowing something with the familiarity gained through experience, education, observation, or investigation; it is also understanding a process, practice, or technique, or how to use a tool.
Industry:Business services
Sustained physical or mental effort, exertion, or exercise of skill to overcome obstacles and achieve an objective.
Industry:Business services
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. Requirements include the quantified and documented needs, wants, and expectations of the sponsor, customer, and other stakeholders.
Industry:Business services
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 risk are meant to be mitigated. The specific meaning of the modified term varies by application area.
Industry:Business services
A systematic way of reaching an intended outcome. Philosophically, change is what project management is all about.
Industry:Business services
Information and data on the status of the project schedule activities being performed to accomplish the project work, collected as part of the direct and manage project execution processes Information includes: status of deliverables; implementation status for change requests, corrective actions, preventive actions, and defect repairs; forecasted estimates to complete; reported percent of work physically completed; achieved value of technical performance measures; and start and finish dates of schedule activities.
Industry:Business services
