- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
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A specific type of project schedule compression technique performed by taking action to decrease the total project schedule duration after analysing a number of alternatives to determine how to get the maximum schedule duration compression for the least additional cost. Typical approaches for crashing a schedule include reducing schedule activity durations and increasing the assignment of resources on schedule activities. See also schedule compression and fast tracking.
Industry:Business services
The process of converting a general or outline plan for a project into a time-based schedule based on the available resources and time constraints.
Industry:Business services
Those milestones identified as the basis for making progress payments.
Industry:Business services
Standards, rules, or tests on which a judgement or decision can be based, or by which a product, service, result, or process can be evaluated.
Industry:Business services
The sum of the products, services, and results to be provided as a project. See also project scope and product scope.
Industry:Business services
Partial payments on a contractor’s contract amount, periodically paid by the owner for work accomplished by the contractor to date, determined by calculating the difference between the completed work and materials stored and a predetermined schedule of values or unit costs.
Industry:Business services
Any schedule activity on a critical path in a project schedule. Most commonly determined by using the critical path method. Although some activities are "critical" in the dictionary sense, without being on the critical path, this meaning is seldom used in the project context.
Industry:Business services
A line diagram showing proposed and actual starting and completion times of the respective project activities.
Industry:Business services
A schedule network analysis technique that modifies the project schedule to account for limited resources. The critical chain method mixes deterministic and probabilistic approaches to schedule network analysis.
Industry:Business services
Any change to the project scope. A scope change almost always requires an adjustment to the project cost or schedule.
Industry:Business services
