- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
A type of procurement document whereby the buyer requests a potential seller to provide various pieces of information related to a product or service or seller capability.
Industry:Business services
The process of formally recognising 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
A planning technique used to provide products, services, and results that truly reflect customer requirements by translating those customer requirements into the appropriate technical requirements for each phase of project product development.
Industry:Business services
A method of estimating a component of work. The work is decomposed into more detail. An estimate is prepared of what is needed to meet the requirements of each of the lower, more detailed pieces of work, and these estimates are then aggregated into a total quantity for the component of work. The accuracy of bottom-up estimating is driven by the size and complexity of the work identified at the lower levels. Generally smaller work scopes increase the accuracy of the estimates.
Industry:Business services
A type of procurement document used to request proposals from prospective sellers of products or services. In some application areas, it may have a narrower or more specific meaning.
Industry:Business services
Any item, whether internal or external to the project, that is required by a process before that process proceeds. May be an output from a predecessor process.
Industry:Business services
A room used for project conferences and planning, often displaying charts of cost, schedule status, and other key project data.
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
