0.14 A glossary of project management terms  (Page 5/8)

Goal setting

Involves establishing specific, measurable and time targeted objectives.

Graphical evaluation and review technique (gert)

A network analysis technique that allows probabilistic treatment of both network logic and activity duration estimated.

Hammock activity

A schedule (project management) or project planning term for a grouping of subtasks that hangs between two end dates it is tied to. or the two end events it is fixed to.

Iso 10006

A guideline for quality management in projects, is an international standard developed by the International Organization for Standardization.

Issue

An issue is a major problem that will impede the progress of the project and that can't be resolved by the project manager and project team without outside help. Project managers should proactively deal with issues through a defined issues management process.

Kickoff meeting

The first meeting with the project team and the client of the project.

Level of effort (loe)

Is qualified as a support type activity which doesn't lend itself to measurement of a discrete accomplishment. Examples of such an activity may be project budget accounting, customer liaison, etc.

Life cycle

Life cycle refers to the process used to build the deliverables produced by the project. Every project has an inception, a period during which activities move the project toward completion, and a termination (either successful or unsuccessful). Taken together, these phases represent the path a project takes from the beginning to its end and are generally referred to as the project life cycle. The project life cycle is often formally divided into phases that describe common activities as the project matures.

Management

In business and human organization activity is simply the act of getting people together to accomplish desired goals. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal.

Management process

A process of planning and controlling the performance or execution of any type of activity.

Motivation

Is the set of reasons that determines one to engage in a particular behavior.

Milestone

A milestone is a scheduling event that signifies the completion of a major deliverable or a set of related deliverables. A milestone, by definition, has duration of zero and no effort. There is no work associated with a milestone. It is a flag in the work plan to signify that some other work has completed. Usually, a milestone is used as a project checkpoint to validate how the project is progressing. In many cases there is a decision, such as validating that the project is ready to proceed further, that needs to be made at a milestone.

Objective

An objective is a concrete statement that describes what the project is trying to achieve. The objective should be written at a low level, so that it can be evaluated at the conclusion of a project to see whether it was achieved. Project success is determined based on whether the project objectives were achieved. A technique for writing an objective is to make sure it is specific , measurable , acceptable , realistic , and time based (SMART).