Section i is a listing of basic project management terms. Project management financial planning glossary of terms. Following is a list of common terms, definitions, and acronyms used within the project management industry. Dictionary of project management terms, third edition 3rd. A business analysts glossary for project management terminology. A comprehensive project management glossary project. Financial terms in project management are important for a strong project management process. From pmo to prince2, well give you the terminology and resources youll need as a beginner in project management. The ideas from agile software development applied to project management. Budget at completion bac the sum of all budget values established for the work to be performed on a project or a work breakdown structure component or a schedule activity.
Project management glossary of terms usaid learning lab. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever. A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities. Learn the unique terminology used in agile development from the experts at agile alliance. Project management is the process of managing the project process. Terms and glossary supply chain management a3 method. Project management glossary washington state department. Normally, resource requirements are used to perform resourceconstrained scheduling. It was originally created by the toyota motor corporation and was named for the paper size on which it was printed. Feb 24, 2017 project management professional pmp a project management professional pmp is a person certified by the project management institute upon completion of a course of formal education, an examination, and a certain number of hours managing projects. A business analysts glossary for project management. Construction management and leed glossary of terms compliments of zumbrunnen, inc.
Project management glossary s project management glossary provides definitions and information for many common and not so common terms used in the complex field of project. The a3 system is a means of describing a business process in a compact form. A project life cycle can have many models but each model represents a single phase to build the deliverables of the project. Help the agile community practice continuous learning. Free glossary of project management terms and definitions. So if you understand these financial terms, the chance of the projects success will increase significantly.
Pmp glossary of terms and definitions related to the project management professional body of knowledge acceptance this is a response to a risk event, generally made when the probability of the event andor its impact are small. Pmp glossary of terms and definitions related to the project management professional body of knowledge. The terms module, component, and unit are often used. Project management has been increasing in visibility both inside and outside the executive office. A comprehensive glossary of project management terms. Project management institute, a guide to the project management body of knowledge, pmbok guide sixth edition, project management institute, inc. The project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization. The following glossary has been developed to help you succeed as a project manager by establishing standard definitions for commonlyused terms you will. Download and print the free glossary from our media gallery. Project management terms that every project manager should. Agileagile or agile development is a modern approach to. The application of processes, methods, knowledge, skills and experience to achieve the project objectives.
The pmo strives to standardize and introduce economies of repetition in the execution of projects. While many of these terms are not mentioned within the body of suite documents, they are nonetheless important to understand project management. Our definitions of the most common project management terms will prepare you for the next project meeting. From a to z this comprehensive list will be useful for any project manager, team member or stakeholder or even those wanting to learn more about project management. A report is provided to describe if the project is feasible and what will be required to move. Project management glossary terms usaid learning lab. The pmi lexicon of project management terms offers clear and concise definitions for nearly 200 of the professions frequently used terms for anyone involved in project, program, and portfolio management, the lexicon is an essential resource to foster understanding and consistent usage of terminology. A person or company that provides goods or services. It was compiled to assist operations management students in courses at the university of michigan business school. Sort through the jargon with our glossary of project management terms and their definitions. These financial terms will help you to manage the budget, or when you are choosing a project. Nov 02, 2015 everything you need to know about project management terms is here in one list.
A report is provided to describe if the project is feasible and what will be required to move forward with the project. Whether youre studying for project management certification, have had the role of project manager thrust upon you, or have been in the project management field for years and could use a refresher, here is a reference sheet that covers the basic financial terms and concepts on the project management landscape. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these important terms into practice with your proejcts. The ultimate resource for project management terminology. Project management glossary s project management glossary provides definitions and information for many common and not so common. The certification is considered the gold standard in project management. Pmp bank is your onestop portal for pmp tips, resources, advice and practice questions for the project management professional pmp exam which is provided by the project management institute. Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are accepted. It includes project planning, analysis, design, implementation, and budget. Project planners speak in a short hand that often excludes even computer literate individuals. Glossary of consulting terms action plan specification of how a specific action is to be achieved, for example, in a change management plan.
Toyota used the a3 methodology to help develop its famed toyota production. Project management glossary and project planning glossary. Jan 14, 2009 microsoft project a glossary of useful terminology by john caulfield. The formal process of accepting delivery of a product or. An activity normally has an expected duration, an expected cost, and expected resource requirements. The balance careers glossary of business management terms.
This glossary includes terms pertinent to operations management. The implications of this quotation from the pmbok guide are. Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. The following definitions are provided for commonly used terms used by scheduling, estimating, projectconstruction management, and contract administration professionals, and construction claims experts involved with engineering and construction projects. Now in its third edition, this dictionary contains 3,400 key terms, words, and phrases used in the daytoday practice of project management. Scheduling, estimating, projectconstruction management, contract administration, and construction claims terminology for engineering and construction projects a quick reference guide of the most commonly used terms with short definitions. The project life cycle is among some important project management terms you should know. Noun n the codes c and u show whether a noun, or a particular sense of a noun, is countable an agenda, two agendas or uncountable. Although some activities are critical in the dictionary sense without being on the critical path, this meaning is seldom used in the project context. Project management glossary of terms page 8 fall 2007 budget the approved estimate for the project or any work breakdown structure component or any schedule activity. These are not formal definitions, but rather an explanation of the terms as generally used in nara training material. Accountability the obligation to report on ones actions.
Understanding these terms and acronyms is an important. Steps can be superimposed onto horizontal swimlanes for the roles that perform the steps activity. Project management glossary of terms activity an element of project work that has an expected duration, and usually consumes cost and resources. Glossary of terms ix preface about the term project this module is part of an educational initiative called training in electronic records management or term, developed by the international records management trust as part of a wider project to investigate issues associated with establishing integrity in. Activities generally cover one or more tasks from a work package. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these. Nara records management key terms and acronyms 1 nara records management key terms and acronyms the following is a list of key terms and acronyms used in naras core records management training. Scheduling, estimating, projectconstruction management. Even if the terms are sorted in in order, it could be still very difficult and time consuming to looking up. That way, when one person talks about risks, scope, issues, requirements, and other project management.
We can organize the terms according its context that make terms easier to be looked up and located. Glossary of standard project management terms geam. The term radio is an acronym for the five categories used to classify the issues. The most complete project management glossary for professional project managers. Glossary of scrum terms this glossary is meant to represent an overview of scrumrelated terms.
Section ii provides definitions for terms you will likely need as your project. This list of terms and definitions will help ensure that your pm communications are clear and understood by everyone. Whether youre looking to understand some key project management terms, or need a complete project management glossary, youve come to the right place. Part of the process of successfully deploying project management in your organization is to standardize the terminology. While there are many project management terms that are easily understood, even to the layman, there are some that even seasoned project professionals need help with. Project management plan pmp the output of the definition phase of a project or programme.
Project management terms that every project manager should know. Get easyto understand explanations of all key concepts to make sure you use the. The complete glossary of project management terms smartsheet. Construction terminology cheat sheet planning assignable square footage asf.
Download glossary of standard project management terms book pdf free download link or read online here in pdf. The number of work periods not including holidays or other nonworking periods required to complete an activity or. To help you achieve this goal, were offering this authoritative reference guide, pulling together a complete list of. The definitive glossary of project management terms. A glossary of project management terms every discipline has its own vocabulary, and project management is no exception. The complete glossary of project management terminology by kate eby on feb 24, 2017. The purpose of this article is to go through the main components and terms used in microsoft project and make them easier to understand. Designbuild db 1 a procurement or project delivery arrangement whereby a single entity a contractor with subconsultants, or team of contractors and engineers, often with subconsultants is entrusted with both design and construction of a project. We hope you enjoy this compilation of construction management and consultingrelated terms, and that it helps. Read online glossary of standard project management terms book pdf free download link book now. Many pmbok guide glossary terms refer to scope, time and risk management because these are unique to project. This glossary is a guide to the most commonly used business analysis and project management terms. Everything you need to know about project management terms is here in one list. Includes listing of objectives that, when accomplished in total, accomplish the overall action.
Mow pms chapter 20 pm glossary of terms page 7 of 19 reference. The number of work periods not including holidays or other nonworking periods required to complete an activity or other project element. Visual paradigm supports defining project glossary for your models, which allow us easily find the meaning of the glossary terms in your. Appendix a glossary of project management terms a activity an element of work performed during the course of a project. A response to a threat where no course of action is taken. Project management glossary terms used by project professional. Oct 11, 2016 every discipline has its own vocabulary, and project management is no exception. To learn more about the scrum framework, to identify which of these terms are required elements of scrum and to understand how the mentioned elements are. Wideman comparative glossary of project management terms v5. Glossary of project management terms assumption there may be external circumstances or events that must occur for the project to be successful or that should happen to increase your chances of success. Establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. If you want to understand business management, youll want to read this dictionary of thirty management terms.
Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are. Along with traditional project management terms, it includes broader business terms to help seasoned managers and their successors navigate more easily the ubiquitous language of projectspeak. A glossary of useful terminology project management hut. Glossary of project management terms and acronyms used by project managers and business professionals. Each project is unique although similar projects may exist. Glossary of standard project management terms pdf book. Atlanta, ga this glossary of terms was created to assist those who desire to learn more about the construction industry. Project management terminology and acronyms checkykey. Some of the mentioned terms are not mandatory in scrum, but have been added because they are commonly used in scrum. Agileagile or agile development is a modern approach to software development. Glossary of business terms adjective adj headwords for adjectives followed by information in square brackets only before a noun and not before a noun show any restrictions on where they can be used. Stay on top of your game with this free and printable glossary of project management terms that also includes definitions.
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