Glossary of PM Terms
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- Project
- A set of activities directed to an overall goal. Also, the collection of data relating to the achievement of that goal. More specifically, a network of activities, or file(s) containing such a network.
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- Project Appraisal
- The discipline of calculating the viability of a project.
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- Project Assurance Team
- A three-member team comprised of the business assurance coordinator, the technical assurance coordinator and the user assurance coordinator whose roles cross stage boundaries and through whom continuity of project development and technical product integrity is maintained.
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- Project Board
- A project board is the body to which the Project Manager is accountable for achieving the project objectives. The project Board should be viewed to represent the stakeholders. For example, on a small project the sponsor may represent the interests of the ‘executive’, the ‘senior user’, and the ‘technical authority’, where in a large project, the Project Board may be larger than the three or four usual members.
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- Project Boundary
- The boundary of a project which is defined to indicate how the project interacts both with other projects and non-project activity both in and outside of the organization.
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- Project Brief
- A statement of reference terms for a project.
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- Project Calendar
- A calendar that defines global project working and non-working periods.
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- Project Champion
- A senior manager who is above the project manager who gains support and resources for the project.
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- Project Charter
- A project charter clearly defines a project definition in order to bring a project team into necessary agreement. A project charter consists of a mission statement, including background, purpose, and benefits, a goal, objectives, scope and assumptions and constraints.
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- Project Closure
- The formal end of a project. It requires the project board’s approval.
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- Project Communications Management
- A subset of project management that includes communications planning, information planning, information distribution, performance reporting and administrative closure in an effort to correctly disseminate project information.
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- Project Cost Management
- A subset of project management that includes resource planning, cost estimating, cost control and cost budgeting in an effort to complete the budget with in its approved proposal.
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- Project Culture
- The general attitude toward projects within the business.
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- Project Data Document (PDD)
- A summary of the project plan for the business office.
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- Project Director
- The manager of a very large project that demands senior level responsibility or the person at the board level in an organization who has the overall responsibility for projects management.
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- Project Directory
- A file containing a record for each project maintained by the system.
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- Project Environment
- The project environment is the context within which the project is formulated, assessed and realized. This includes all external factors that have an impact on the project.
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- Project Evaluation
- A documented review of the project’s performance, produced at project closure. It ensures that the experience of the project is recorded for the benefit of others.
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- Project File
- A file containing the overall plans of a project and any other important documents.
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- Project Initiation
- The beginning of a project at which point certain management activities are required to ensure that the project is established with clear reference terms and substantial management structure.
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- Project Initiation Document
- A document approved by the project board at project initiation that defines the terms of reference for the project.
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- Project Issue Report
- A report that raises either technical or managerial issues in a project.
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- Project Lifecycle
- The events, from beginning to end, necessary to complete a project.
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- Project Logic
- The relationships between the various activities in a project.
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- Project Logic Drawing
- A representation of the logical relationships of a project.
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- Project Management
- Approach used to manage work with the constraints of time, cost and performance targets.
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- Project Management Body of Knowledge
- This is an inclusive term that describes the sum of knowledge within the profession of project management. As with other professions such as law and medicine, the body of knowledge rests with the practitioners and academics that apply and advance it.
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- Project Management Institute
- The American professional body for project managers.
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- Project Management Professional (PMP)
- An individual certified by the Project Management Institute.
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- Project Management Software
- A computer application designed to help with planning and controlling resources, costs and schedules of a project.
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- Project Management Team
- Members of the project team who are directly involved in its management.
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- Project Manager
- The Project Manager is the individual responsible for the day-to-day management of the project.
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- Project Matrix
- An organization matrix that is project based in which the functional structures are duplicated in each project.
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- Project Network Diagram
- Drawn from left to right to shown project chronology, a Project Network Diagram displays the logical relationships between project activities.
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- Project Organization
- A term which refers to the structure, roles and responsibilities of the project team and its interfaces to the outside world.
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- Project Phase
- A group of related project activities that come together with the completion of a deliverable.
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- Project Plan
- A document for management purposes that gives the basics of a project in terms of its objectives, justification, and how the objectives are to be achieved. This document is used as a record of decisions and a means of communication among stakeholders.
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- Project Plan Development
- Project Plan Development is the process of putting the results of other planning processes into a consistent document.
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- Project Plan Execution
- The act of carrying out activities as stated in the project plan.
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- Project Planning
- Developing and maintaining a project plan.
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- Project Portfolio
- The constituent projects within a program.
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- Project Portfolio Plan
- A plan within the program definition statement that defines a schedule of work that includes the timing, resourcing and control for the programs projects.
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- Project Procurement Management
- A subset of project management that includes procurement planning, solicitation and solicitation planning, source selection, contract administration and contract close-out in an effort to obtain goods and services from outside organizations.
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- Project Quality Management
- A subset of project management that includes quality planning, quality assurance and quality control in an effort to satisfy the needs and purpose of the project.
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- Project Risk Management
- A subset of project management that includes risk identification, risk quantification, risk response development and risk response control in an effort to identify, analyze and respond to project risks.
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- Project Schedule
- Planned dates for starting and completing activities and milestones.
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- Project Scope Management
- A subset of project management that includes initiation, scope planning, scope definition, scope verification and scope change control in an effort to ensure that the project has all of the necessary work required to complete it.
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- Project Sponsor
- A sponsor is a person or group concerned with the definition of project objectives in the context of the sponsoring organization.
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- Project Status Report
- A report on the status of accomplishments and any variances to spending and schedule plans.
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- Project Strategy
- A comprehensive definition of how a project will be managed.
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- Project Success/Failure Criteria
- The criteria by which the success or failure of a project may be based.
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- Project Support Office
- The central location of planning and project support functions that has the responsibility of managing resources across projects and maintaining planning standards.
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- Project Team
- Those who report to the project manager.
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- Project Technical Plan
- A plan produced at the beginning of a project that addresses strategic issues related to quality control and configuration management.
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- Project Time Management
- A subset of project management that includes activity definition, activity sequencing, activity duration estimating, schedule development and schedule control in order to complete the project on time.
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