Project Management Dictionary of TermsThis glossary covers all common project management terminology.
A - Acceptance Criteria to Authority | B - Backward Pass to Business Process Manager (BPM) | C - Change to Customer | D - Decision Tree Analysis to Duration | E - Early Finish Date to Event | F - Failure Mode and Effect Analysis to Functional Organisation | G - Gantt Chart to guidelines | H - Hammock task to Hyperlink | I - i-j notation to ITIL | J - Job Description to Just-In-Time | K - Kaizen to Knowledge | L - Labor, Equipment, Material to Logical Relationship | M - Manage Project Team to Monte Carlo Analysis | N - Near-Critical Activity to Node | O - Operations to Output | P - Parametic to Projectized Organization | Q - Qualitative Risk Analysis to Quantitative Risk Analysis | R - Records Management to Root Cause Analysis | S - Saved Search to System | T - Target Completion Date to Triple Constraint | U - Uncontrollable Risks to User Group | V - Validation to Voice of the Customer | W to Z - War Room to Zero Float
A - Acceptance Criteria to Authority
Actual Cost (AC)
Total costs actually incurred and recorded in accomplishing work performed during a given time period for a schedule activity or work breakdown structure component. Actual cost can sometimes be direct labor hours alone, direct costs alone, or all costs, including indirect costs. Also referred to as the actual cost of work performed (ACWP). See also earned value.
Actual Cost of Work Performed (ACWP)
Total cost actually incurred and recorded in accomplishing work performed during a given time period for a schedule activity or work breakdown structure component.
Actual Finish Date (AF)
The point in time that work actually ended on a schedule activity. (Note: In some application areas, the activity is considered "finished" when work is "substantially complete.")
Actual Start Date (AS)
The point in time that work actually started on a schedule activity.
A legal document that binds two or more parties to specific and implied obligations (e.g., a contract).
Building a common understanding of the project and developing a common view of what the solution will and will not address.
An activity for which the application sets the early dates as late as possible without delaying the early dates of any successor.
An activity for which the application sets the early dates as soon as possible. This is the default activity type in most project management systems.
Assumptions are factors that, for planning purposes, are considered to be true, real, or certain without proof or demonstration. Assumptions affect all aspects of project planning, and are part of the progressive elaboration of the project. Project teams frequently identify, document, and validate assumptions as part of their planning process. Assumptions generally involve a degree of risk.
The right to apply project resources, expend funds, make decisions, or give approvals.