Project management

Project management

Referring to the discipline of planning, organizing, securing and managing resources to bring about the successful completion of specific project objectives.

Industry: Business services

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Project management

Practise

Business services; Project management

A specific type of professional or management activity that contributes to the execution of a process and that may employ one or more techniques and tools.

As a result of risk analysis, money or time may be set aside as contingency, which may be used in the event of risks occurring. Contingency allowance provides for variations, which may occur in the ...

Risk management plan

Business services; Project management

The document describing how project risk management will be structured and performed on the project. It is contained in or is a subsidiary plan of the project management plan. The risk management ...

Precedence diagramming method (PDM)

Business services; Project management

A schedule network diagramming technique in which schedule activities are represented by boxes (or nodes). Schedule activities are graphically linked by one or more logical relationships to show the ...

Contingency plan

Business services; Project management

A fallback position or workaround in the event of an adverse occurrence or risk event on a project.

Risk management planning

Business services; Project management

The process of deciding how to approach, plan, and execute risk management activities for a project.

Precedence relationship

Business services; Project management

The term used in the precedence diagramming method for a logical relationship. In current usage, however, precedence relationship, logical relationship, and dependency are widely used ...