Assumptions

Assumptions

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.

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Part of Speech: noun
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Industry/Domain: Business services
Category: Project management
Company: WSDOT
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Related terms

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simulation

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project life cycle

Business services; Project management

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direct costs

Business services; Project management

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skill

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project management (PM)

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The application of knowledge, skills, tools, and techniques to project activities to meet the project requirements.

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Costs accruing from expended labor excluding the bonus portion of overtime, insurances, and payroll taxes.

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