The management of one or more portfolios of projects. 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. Includes listing of objectives that, when accomplished in total, accomplish the overall action. In a project context, estimation is the way to make accurate budgets or timelines for a project. The world of project management can be bewildering to those new to the discipline. Project management glossary of terms on this page you will find a glossary of project management terms and acronyms that are being used by project managers and not only in the project management domain.
The contract management plan explains how contracts will be handled. 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. 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. Management body of knowledge, pmbok guide fifth edition, project management. Our ebook is provided free of charge on the condition that it is not copied, modified, published. Project management has been increasing in visibility both inside and outside the executive office. The sponsor is also responsible for facilitating acquisition of human resources and for providing insight and feedback to the project manager throughout the duration of the project. A business analysts glossary for project management terminology. A comprehensive glossary of project management terms. Scheduling, estimating, projectconstruction management. Effective conflict management prevents differences becoming destructive elements in a project. Conflict management conflict management is the process of identifying and addressing differences.
To help you achieve this goal, were offering this authoritative reference guide, pulling together a complete list of project management terminology. A gantt chart is a popular project management bar chart that tracks tasks across time. A report is provided to describe if the project is feasible and what will be required to move forward with the project. Steps can be superimposed onto horizontal swimlanes for the roles that perform the steps activity. Software to facilitate project management that can be downloaded or wholly online. Section iii has 7 appendices and section iv is broken into glossary and index. Apm body of knowledge definitions association for project. Pmi 20 2 a development effort consisting of both technical and management activities for the purpose of engineering a system. This includes identifying projects, prioritizing projects. 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 project speak. A statistical tool used to visualize a project s schedule, sequence of tasks, and even the critical path of tasks that must be completed on time in order for the project to meet its deadline. Project management glossary of terms usaid learning lab. Download a project management plan word and pdf format.
This project management glossary has been created with diligence, but there is no guarantee that all definitions are accurate. The most complete project management glossary for professional project managers. Esi international has announced the launch of a free online glossary. Study flashcards on project management definitions glossary from pmbok 5th edition at. Use features like bookmarks, note taking and highlighting while reading dictionary of project management terms 3rd edition. Project procedures manual a collected set of the management and. Download it once and read it on your kindle device, pc, phones or tablets. The following glossary has been developed to help you succeed as a project manager by establishing standard definitions for commonlyused terms you will encounter in your career as a project manager. This glossary is a guide to the most commonly used business analysis and project management terms. The practical guide to project management 8 introduction 1 introduction this is the project management process that we will be using to manage our projects. As with any specialist area, technical terms and jargon blossom in number over the years. A business analysts glossary for project management.
Glossary of standard project management terms page 5 of 18 developed by comptia. Consensus unanimous agreement among the decisionmakers that. Project management keeps everything moving smoothly, on time, and on budget. 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. You may see these terminologies on your upcoming pmp or capm exam. The complete glossary of project management terminology. Now in its third edition, this dictionary contains 3,400 key terms, words, and phrases used in the daytoday practice of project management. May 20, 2009 the online glossary covers traditional project management terms, acronyms and organizations, as well as broader business terms. List of project management definitions, explanations.
And if you need the whole list of glossary together with the definitions, just print the page out and all the terms with their definitions can be read together. Establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. Glossary of project management terms project management body of knowledge pmbok 4th edition project. Later this year, esi will expand the tool to include business analysis terms for both requirements development and management as well as project management professionals. For each objective, specifies position responsible to. It is based on the pmi project management institute processes and terminology as found in the pmbok project management body of knowledge. At examspm, we have a free course to teach you how you can get certified in the next 6 weeks. Dictionary of project management terms 3rd edition kindle edition by ward, j. Since january 2016, the lexicon committee has been chartered to maintain the lexicon. The sponsors is normally a part of the management team director or higher, who can exert influence on the outcome of the project.
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. Free pmp resources pmp flashcard glossary a z updated. Heres how evm can be applied over the course of a projects duration. Earned value management evm a way to measure project performance, and is commonly used in government projects. From pmo to prince2, well give you the terminology and resources youll need as a beginner in project management. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever. Apm members can also download the apm body of knowledge in pdf.
The tasks, techniques, tools applied from project execution to delivery. This glossary contains more than 600 terms and provides simple, clear explanations. Glossary of consulting terms free management library. 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. Many pmbok guide glossary terms refer to scope, time and risk management because these are unique to project. A glossary of terms relating to project management and consulting. The term to describe any professional in charge of leading and managing a project.
Below is the definition of virutally all pmoproject management terms as. Pmp is the worlds leading certification on project management. Project management institute, a guide to the project management body of knowledge, pmbok guide sixth edition, project management institute, inc. Feb 24, 2017 establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. A report is provided to describe if the project is feasible and what will be required to move. Leroy ward, pmp, pgmp, executive vice president at esi. The pmbok terms of project management processes and.
A comprehensive project management glossary project. This is to further the goal of creating a common language for project management. Stay on top of your game with this free and printable glossary of project management terms that also includes definitions. Aggregate planning is an operational activity which does an aggregate plan for the production process, in advance of 2 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of. This management dictionary contains a description and explanation of terms and methods. Click on a plus icon below to view the available glossaries by best practice solution. In this video, you are going to learn the definitions of the terminologies in the pmbok 6th edition guide. Project management free online glossary for project managers. Dictionary of project management terms 3rd edition third. Heres how evm can be applied over the course of a project s duration. Arlington, va for busy project managers and business analysts, looking up key terms, phrases and acronyms quickly and easily, just became easier. Glossary of consulting terms action plan specification of how a specific action is to be achieved, for example, in a change management plan.
Once the components are selected, they are prioritized based on their scores and other considerations by senior management. The project cartoon follow me on twitter my tweets random glossary term. You may also be looking for an mba dictionary or mba glossary. Here is a list of the more common project management terms and their meanings.
Glossary of standard project management terms geam. Apm members can also download the apm body of knowledgein pdf format from the members area of the apm website uk introduction the fold out definitions guide can be. 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. Project management definitions glossary from pmbok 5th. Construction terminology cheat sheet planning assignable square footage asf. The smallest selfcontained unit of work used to define the logic of a project. Download and print the free glossary from our media gallery. Using as a base the successful dictionary of project management terms by j. Oct 29, 2018 pmp is the worlds leading certification on project management.
Usually applied to project costs and durations and should always include some indication of accuracy e. Whether youre a new pm or in need of a little refresher, this definition list covers 25 items crucial to your charter, from scope abstract and sponsors to success criteria and organizational process. Developed by the us navy in the 1950s, the private sector had its own version called critical path method cpm. The time a task can be delayed without delaying the project. Dec 06, 2018 in this video, you are going to learn the definitions of the terminologies in the pmbok 6th edition guide. Project management glossary terms usaid learning lab. Project management glossary and project planning glossary. The component of the projet plan that is used to manage one or more contracts that exist on the project. Project portfolio management glossary genius project. Sort through the jargon with our glossary of project management terms and their definitions. A statistical tool used to visualize a projects schedule, sequence of tasks, and even the critical path of tasks that must be completed on time in order for the project to meet its deadline. The implications of this quotation from the pmbok guide are. An outcome of an initiative that is perceived as beneficial. The full apm body of knowledge 5th editionis available in book format from apm publishing.
Also, please note that copying this material is forbidden. A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities. In our constant quest to provide you with valuable information, here is a useful list of apm project management terms and definitions which we feel will benefit you, especially those new to the industry and are studying for project management qualifications. Understanding these terms and acronyms is an important. Some of the terms do not appear in the current version of the pmbok but are listed here in order to provide information about terms that might still be used. Free glossary of project management terms and definitions. In order to help international users gain a real understanding of the specific terminology within the various axelos best practice publications, translated glossaries have been created and are available to download, in pdf format. 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. That means when the planned time frame is coming to an end, the project manager may keep all the team members working. Glossaries of terms in order to help international users gain a real understanding of the specific terminology within the various axelos best practice publications, translated glossaries have been created and are available to download, in pdf format. Project management glossary business performance pty ltd. Some application areas have specific modifiers that imply particular accuracy ranges e. Of the principles and terminology of a guide to project management body finitions of each topic, suggested reading lists, a glossary, list of acronyms and an. Glossary of project management terms and acronyms used by project managers and business professionals.
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