- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
Assumptions are factors that, for planning purposes, are considered to be true, real, or certain without proof or demonstration. Assumptions affect all aspects of project planning, and are part of the progressive elaboration of the project. Project teams frequently identify, document, and validate assumptions as part of their planning process. Assumptions generally involve a degree of risk.
Industry:Business services
The process of identifying which quality standards are relevant to the project and determining how to satisfy them.
Industry:Business services
The approved time phased plan (for a project, a work breakdown structure component, a work package, or a schedule activity), plus or minus approved project scope, cost, schedule, and technical changes. Generally refers to the current baseline, but may refer to the original or some other baseline. Usually used with a modifier.
Industry:Business services
Requirements imposed by a governmental body. These requirements can establish product, process or service characteristics—including applicable administrative provisions—that have government-mandated compliance.
Industry:Business services
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 probability of a product performing its intended function under specific conditions for a given period of time.
Industry:Business services
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 done by the identified organization, at the right time, and in the proper sequence.
Industry:Business services
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 direct loan and loan guarantee programs. Basic forms of budget authority include appropriations, borrowing authority, contract authority, and authority to obligate and expend offsetting receipts and collections.
Industry:Business services
A written order, signed by the owner or his representative, of a contractual status requiring performance by the contractor without negotiation of any sort.
Industry:Business services
