- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
The target cost figure covering the construction phase of a project. It includes the cost of contracts with trade contractors; construction support items; other purchased labor, material and equipment; and the construction manager's cost (but not the cost of land, A/E fees, or consultant fees).
Industry:Business services
The process of deciding how to approach, plan, and execute risk management activities for a project.
Industry:Business services
A risk response planning technique that shifts the impact of a threat to a third party, together with ownership of the response.
Industry:Business services
A defined function to be performed by a project team member, such as testing, filing, inspecting, and coding.
Industry:Business services
The likelihood of occurrence. In the context of project risk, a measure of the likelihood of a risk occurring.
Industry:Business services
Documented direction for executing the project work to bring expected future performance of the project work in line with the project management plan.
Industry:Business services
The process of influencing the factors that creates variances, and controlling changes to the project budget.
Industry:Business services
An artifact that is produced, is quantifiable, and can be either an end item in itself or a component item. Additional words for products are material and goods. Contrast with result and service. See also deliverable.
Industry:Business services
Standards, rules, or tests on which a judgment or decision can be based, or by which a product, service, result, or process can be evaluated.
Industry:Business services
Launching a process that can result in the authorization and scope definition of a new project.
Industry:Business services
