The project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization. Schedules in project management consists of a list of a project s terminal elements with intended to start and finish dates scientific management is a theory of management that analyzes and synthesizes workflow processes, improving labor productivity scope of a project in project management is the sum total of all of its products and their requirements or features. Project management glossary contains a number of project management terms that will help the project team to standardize the project s startup process. A unit of work performed as part of an initiative or process. The pmi lexicon of project management terms offers clear and concise definitions for nearly 200 of the professions frequently used terms. 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. It has always been practiced informally, but began to emerge as a distinct profession in the mid20th century. Further, pmi standards committeesnow equipped with a uniform set of definitions that span related pmi standardswill be required to use the lexicon. Section i is a listing of basic project management terms. Speaking the same languagethe importance of having a glossary. A comprehensive glossary of project management terms. Wideman comparative glossary of project management terms v5.
Expanded project management glossary project management. Steps can be superimposed onto horizontal swimlanes for the roles that perform the steps activity. Founded in 1969, pmi delivers value for more than 2. Dear visitor, i am a pmp project management professional, certified by the project management institute since 2004. Project management professional pmp is a globally recognised certification in project management. Our definitions of the most common project management terms will prepare you for the next project meeting. The project management institute is the worlds leading notforprofit professional membership association for the project, program and portfolio management profession. Owned by the project management institute pmi the project management body of knowledge pmbok is a collection of processes and knowledge areas accepted as best practice within the project management discipline. Accept project risk management one of the risk response strategies for threatsopportunities in which the risk is accepted as it is without any risk mitigation measures and the risk will only be dealt with either actively or passively if it occurs. The most significant changes in project management are related to scope definition, availability of resources, schedule and budget. 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. The definitions of the project management terms often according to pmi s definition are included here for y0ur easy reference. About project management institute pmi the project management institute is the worlds leading notforprofit professional membership association for the project, program and portfolio management.
Project management glossary contains a number of terms to standardize project. Progress check questions are included at the end of each chapter to help students check their understanding and retention of topics. Project management keeps everything moving smoothly, on time, and on budget. Nov 02, 2015 everything you need to know about project management terms is here in one list. Pmi, the pmi logo, pmbok, opm3, pmp, capm, pgmp, pfmp, pmi rmp, pmi sp, pmi acp, pmi pba, project management journal, pm network, pmi today, pulse of the profession and the slogan making project management indispensable for business results. Project management professional pmp a project management professional pmp is a person certified by the project management institute upon completion of a course of formal education, an examination, and a certain number of hours managing projects. The pmi lexicon of project management terms is pmi s newest tool for project, program, and portfolio ppp managers. The pmbok terms of project management processes and. Below is the definition of virutally all pmo project management terms as written by john filicetti. The application of knowledge, skills, tools, techniques. The course will help you prepare for the pmi pgmp exam with its interactive learning resources. A practice guide, and drawing on the project management expertise of a wide variety of authors, how successful organizations implement change explains the critical aspects of the change management process and outlines the methods that project, program, and. We have compiled a list of the most common agile terms you may come across, and their definitions. Now in its third edition, this dictionary contains 3,400 key terms, words, and phrases used in the daytoday practice of project management.
The definitive glossary of project management terms. It is designed to help you better communicate with business analysis and project management professionals. Every course has its own glossary, and hence project management is not an exemption. Pmi did not deal with the us federal government directly. Project management has been increasing in visibility both inside and outside the executive office.
In this phase the design is finalized and used to build the deliverables. Pmp certification study notes 1 terms and concepts. Project management plan pmp the output of the definition phase of a project or programme. 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 site is supposed to help you learn the required vocabulary of the project management. A person or company that provides goods or services. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these important terms into practice with your proejcts.
The pmo strives to standardize and introduce economies of repetition in the execution of projects. Glossary notes the list below shows the range of definitions on each page. The implications of this quotation from the pmbok guide are. A about pmi descriptionplease incorporate this messaging into your materials and deliverables website, press releases, etc. The pmi produced the first project management body of knowledge pmbok in 1996. The purpose of the project management plan pmp is to document the outcomes of the planning process and to provide the reference document for managing the. This definition is taken from the glossary of the project management institute, a guide to the project. This glossary will help your it project teams standardize on frequently used project management terms, from critical path to work breakdown structure to scrum. It also identifies two sources supplying project management glossaries, pmis. Download a readonly pdf of the lexicon project management. Aug 24, 2006 effective communication is a key element of successful project management, which makes a common language essential. Pmp bank is your onestop portal for pmp tips, resources, advice and practice questions for the project management professional pmp exam which is provided by the project management institute. Dictionary of project management terms and acronyms. The process of making information available to stakeholders according to the project management plan.
A defined group of key stakeholders and experts that provide guidance on project issues and context. This glossary is a guide to the most commonly used business analysis and project management terms. A guide to the project management body of knowledge pmbok guide sixth edition and agile practice guide english to support the broadening spectrum of project delivery approaches, pmi is offering a guide to the project management body of knowledge pmbok. Jul 29, 2017 20 project risk management terms explained. Owned by the project management institute pmi the project management body of.
Project management terminology and acronyms checkykey. Only pmi certifications are renowned throughout the world, are flexible across industries and geographies, and are proven to help you get ahead. Project management institute pmi of northeast florida. Project management international, the professional organization for project managers. Sort through the jargon with our glossary of project management terms and their definitions. Project management professional pmp exam preparation.
The most common project methodology used in the united states is the one created by the project management institute. Quality metrics an operational criterion that defines in specific terms what something such as a characteristic or a feature is and how the quality control process measures it. In what situation a word or phrase is selected to be defined as. A glossary of terms relating to project management and consulting. Change management, project management, program management, earned value management, critical path, activity relationships, project management terms specialists in project and it service management. May be synonymous with task but in some cases it may be a specific level in the wbs e. Accountability the obligation to report on ones actions. Agileagile or agile development is a modern approach to software development. Plus weve added handy links to help you dive deeper into different topics with videos, articles and even our roundup of all resources so you can put these. This paper discusses why project managers need clear and unambiguous.
The word project is implied in many labels, unless the omission would result in a different meaning. The ideas from agile software development applied to project management. 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. Free glossary of project management terms and definitions. Project management glossary s project management glossary provides definitions and information for many common and not so common terms used in the complex field of project. Everything you need to know about project management terms is here in one list. Pmp glossary of terms and definitions related to the project management professional body of knowledge acceptance this is a response to a risk event, generally made when the probability of the event andor its impact are small. The project management institute pmi defines project management as, the application of knowledge. Pmi is committed to the safety and wellbeing of our global community, which is why we have a designated crisis task force that is continuously monitoring the situation arising from coronavirus covid19 daily.
That means when the planned time frame is coming to an end, the project manager may keep all the team members working. I have been managing dozens of projects, small and huge, successful and unsuccessful. Stay on top of your game with this free and printable glossary of project management terms that also includes definitions. Download and print the free glossary from our media gallery. Section ii provides definitions for terms you will likely need as your project. In the 1980s, efforts were made to standardize project management procedures and approaches.
Many pmbok guide glossary terms refer to scope, time and risk management because these are unique to project. Glossary of project management terms and acronyms used by project. Project management terminology 2020 project management. This paper discusses why project managers need clear and unambiguous definitions for the disciplines most fundamental terms and principles. Formally trained and field hardened, our consultants provide the very best in training and consulting. 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. I need a break from blogging to cooloff my brain, which as you rightly guessed, has got deep fried. Agile a project management approach based on delivering requirements iteratively and incrementally throughout the life cycle. It project management glossary and terminology hygger. Explore the jungle, caves, and ancient cities of waterfall island to uncover or discover the differences between waterfall and agile management.
However, users tend to take them for granted as just being part of the standard. This is to further the goal of creating a common language for project management. The planning and monitoring activities associated with the performance of a process, especially in the sense of business process, often confused with reengineering. Glossary of project management terms and acronyms used by project managers and. Travel to waterfall island where you serve as a pmo director and guide the transformation of your office from a waterfallbased to an agilebased pmo. The list was created using various sources including the pmbok specifications from pmi. Glossary of project management terms and acronyms used by project managers and business professionals. Systems for project management are composed of project management processes, techniques, methodologies, and tools operated by the project management team. Feb 24, 2017 project management professional pmp a project management professional pmp is a person certified by the project management institute upon completion of a course of formal education, an examination, and a certain number of hours managing projects. The application of knowledge, skills, tools, and techniques to the project activities, in order to meet the project requirements. Initiation involves the analysis of a proposed project, definition of the preliminary project scope, creation of the project charter, and approval of the project charter by the. The complete glossary of project management terms smartsheet. Get yourself enrolled in the ucertify pmi pgmp course.
Project management has its own terminology and abbreviations, making your entry into the field pretty hard. Understanding these terms and acronyms is an important step towards success in project management. The certification is considered the gold standard in project management. Building on the project management institutes managing change in organizations. Glossary of standard project management terms page i developed by comptia. 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. All professions have a jargon that practitioners must learn so that they can communicate effectively with their peers about complex professionrelated concepts and processes. This site is supposed to help you learn the required vocabulary of the project management world.
Project management institute, a guide to the project management body of knowledge, pmbok guide sixth edition, project management institute, inc. A good understanding of these concepts and definitions. Project management professional pmp a project management. Project management glossary terms usaid learning lab. In project management, knowledge areas illustrate a set of concepts, terms and actions that encompass professional and project management field specializations.
A model that illustrates the flow of processes andor complex use cases by showing each activity along with information flows and concurrent activities. Excluded from the glossary are terms whose use in project management does not differ in any material way from everyday use and compound terms, whose meaning is clear from the. Project management glossary uw system project management. An imposed date that constrains or otherwise modifies the schedule network analysis. Project management methodology glossary components pmi. The most complete project management glossary for professional project managers.
A business analysts glossary for project management. Included terms include those that are unique to project management e. A comprehensive project management glossary project. The ultimate resource for project management terminology. Six sigma terminology a comprehensive glossary of six sigma terms and acronyms used.
The application of processes, methods, knowledge, skills and experience to achieve the project objectives. Glossary of terms acceptance the formal process of accepting delivery of a product or deliverable. Project management glossary contains a number of project management terms that will help the project team to standardize the projects startup process. Pmp project management professional pmp is a globally recognized certification in project management. Nov 27, 2015 it project management terms you should know. Unlimited access to our library of webinars, timesaving deliverable templates and more plus all the perks of pmi membership including volunteer opportunities, job opportunities, educational opportunities, local chapters, and access to respected pmi publications and standards for your organization. The value of the actually performed work expressed in terms of the approved budget for a project or a project activity for a given time period. Acceptance criteria performance requirements and essential conditions that have to be achieved before project deliverables are accepted. A management plan that describes how the project management team will implement the quality policy of the performing organization for the specific project. This glossary contains more than 600 terms and provides simple, clear explanations. Earned value ev or budgeted cost of work performed bcwp. It is managed by the project management institute and is based on the pmp examination specification published by pmi in 2005.
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. Understanding these terms and acronyms is an important. Terminology sections or documents are critical resources for implementing a standard. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever. Management body of knowledge, pmbok guide fifth edition, project management. This glossary will help your team standardize on frequently used pm terms, from. If you want to search for a specific wordacronym, press ctrl and the letter f at the same time.
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