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
M - Manage Project Team to Monte Carlo Analysis
Manage Project Team
The process of tracking team member performance, providing feedback, resolving issues, and coordinating changes to enhance project performance.
The process of managing communications to satisfy the requirements of, and resolve issues with, project stakeholders.
Any organizational structure in which the project manager shares responsibility with the functional managers for assigning priorities and for directing the work of persons assigned to the project.
A system of practices, techniques, procedures, and rules used by those who work in a discipline. See Project Management Methodology.
Mission (Mission Statement)
Derived from the project vision, an action statement that is feasible in time and place and compatible with the pursuit of the vision. A brief summary, approximately one or two sentences, that sums up the background, purposes, and benefits of the project. A statement that answers three questions: (1) What do we do? (2) For whom do we do it? (3) How do we go about it?
Collect project performance data with respect to a plan, produce performance measures, and report and disseminate performance information.
Monitor and Control Project Work
The process of monitoring and controlling the processes required to initiate, plan, execute, and close a project to meet the performance objectives defined in the project management plan and project scope statement.
Monitoring and Controlling Processes [Process Group]
Those processes performed to measure and monitor project execution so that corrective action can be taken when necessary to control the execution of the phase or project.
Monte Carlo Analysis
A technique that computes, or iterates, the project cost or project schedule many times using input values selected at random from probability distributions of possible costs or durations, to calculate a distribution of possible total project cost or completion dates.