- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
The narrative description of the project scope, including major deliverables, project objectives, project assumptions, project constraints, and a statement of work, that provides a documented basis for making future project decisions and for confirming or developing a common understanding of project scope among the stakeholders. The definition of the project scope — what needs to be accomplished.
Industry:Business services
A set contract amount for all labor, materials, equipment and services; and contractor’s overhead and profit for all work being performed for a specific scope of work.
Industry:Business services
The process of influencing a group of diverse individuals, each with their own goals, needs, and perspectives, to work together effectively for the good of the project such that their team will accomplish more than the sum of their individual efforts could otherwise achieve.
Industry:Business services
A type of contract where the buyer pays the seller a set amount (as defined by the contract), and the seller can earn an additional amount if the seller meets defined performance criteria.
Industry:Business services
A work breakdown structure for the project that is only developed down to the subproject level of detail within some legs of the WBS, and where the detail of those subprojects are provided by use of contract work breakdown structures.
Industry:Business services
A type of contract involving a fixed total price for a well-defined product. Fixed-price contracts may also include incentives for meeting or exceeding selected project objectives, such as schedule targets. The simplest form of a fixed price contract is a purchase order.
Industry:Business services
A performance measurement technique that compares technical accomplishments during project execution to the project management plan’s schedule of planned technical achievements. It may use key technical parameters of the product produced by the project as a quality metric. The achieved metric values are part of the work performance information.
Industry:Business services
The owner of the project business case, representing the funder’s interests.
Industry:Business services
The amount of time that a task in a project network can be delayed without causing a delay to subsequent tasks and or the project completion date.
Industry:Business services
A defined systematic procedure employed by a human resource to perform an activity to produce a product or result or deliver a service, and that may employ one or more tools.
Industry:Business services
