Glossary R-Z
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Redundancy dependency error
Listing more than immediate predecessor(s) for an activity.
Resource histogram
Portrays the effort of the people who will be working on the project in a time-scaled format.
Resource leveling
The process of smoothing the peaks and valleys in the allocation of team members' effort to the project.
Responsibility assignment matrix (RAM)
A structure that relates the project team members to the WBS to ensure that each element of the project's scope of work is assigned to a responsible individual or role.
Risk assessment
Enables the project manager to reduce the probability and/or impact of unplanned events that could threaten the success of a project.
Risk event
Potential events that may impact the successful outcome of the project.
Risk identification
Determining which risks might affect the project and documenting their characteristics.
Risk management
According to the PMBOK® Guide , project risk management includes the processes concerned with identifying, analyzing, and responding to project risk.
Risk management plan
Documented procedures to be used to manage risk during the life of the project.
Risk response
Defining the team's decision and proactive approach to managing risks. Responses include: accept, avoid, or mitigate.
Risk symptom
Indirect manifestations of actual risk events. Also called triggers.
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Schedule
Portrays the sequence in which activities will occur across timer.
Scope creep
Accepting scope changes without a change control process.
Scope management
According to the PMBOK® Guide , project scope management ensures that the project includes all of the work required, and only the work required, to complete the project successfully.
Senior management
This role is responsible for aligning the project objective with the strategy of the organization.
Slack
see float
Soft logic
see discretionary dependency
Stakeholder
Anyone that has a vested interest in the success of a project.
Standard operating procedure (SOP)
Are guidelines on how to conduct daily business following standardized processes. The SOP's are company specific, sometimes industry specific and may also be in fulfillment of government regulations.
Start-to-start dependency
According to the PMBOK® Guide , the predecessor activity must start before the successor(s) can start.
Strategic Plan
Is a documented summary, focused on an organization's future that defines fundamental decisions and actions that shape and guide what an organization is, what it does, and why it does it. This management tool, if used effectively, will include a mission, vision, values, goals, objectives, roles and responsibilities, timelines, etc. Each major corporate project will support the objectives defined in this plan.
Subject matter expert (SME)
One who possesses or demonstrates expertise in a particular area. SMEs are critical to determine the appropriate steps and to establish time estimates to take when developing a project plan.
Success criteria
Those things that equate to a successful project, for example, "with acceptance by the customer," "with minimum or mutually agreed on scope changes," etc. The criteria are typically defined by the project manager and the project team.
Successor
An activity that follows another activity and is related to it by a dependency link.
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Threshold
An acceptable or tolerable level of variance that may include an upper and lower control limit.
Time management
According to the PMBOK® Guide , project time management includes all the processes required to ensure timely completion of the project.
Top-down estimating
Using the actual cost of a previous similar project as the basis for estimating the costs for the project.
Total effort
Effort the team as a whole will contribute. The sum of the individual effort estimate.
Trigger
see risk symptom
Triple Constraint
The competing parameters of a project, scope/quality, time, and cost that a project manager must balance in order to meet customer expectations and complete a successful project.
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Variance
Any difference between the plan and the actual or expected results.
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Work breakdown structure (WBS)
A hierarchical list or diagram representing all the activities that must be completed in order to finish the project. According to the PMBOK® Guide , the WBS is a deliverable-oriented grouping of project elements that organizes and defines the total scope of the project.
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Glossary R-Z
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