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

Skill

Business services; Project management

Ability to use knowledge, a developed aptitude, and/or a capability to effectively and readily execute or perform an activity.

Project management (PM)

Business services; Project management

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

Direct labour costs

Business services; Project management

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

Slack

Business services; Project management

Not using due diligence, care, or dispatch; characterised by slowness, sluggishness, or lack of energy.

Project management information system (PMIS)

Business services; Project management

An information system consisting of the tools and techniques used to gather, integrate, and disseminate the outputs of project management processes. It is used to support all aspects of the project ...

Direct material costs

Business services; Project management

Costs accruing from material acquisition, including purchase price, freight, and taxes.

Special cause

Business services; Project management

A source of variation that is not inherent in the system, is not predictable, and is intermittent. It can be assigned to a defect in the system. On a control chart, points beyond the control limits, ...