- Industry: Government
- Number of terms: 5883
- Number of blossaries: 0
- Company Profile:
A subset of project management that includes the processes required to ensure that the project will satisfy the needs for which it was undertaken. It consists of quality planning, quality assurance, and quality control.
Industry:Business services
Risk Management is the systematic process of identifying, analyzing, and responding to project risk. It includes maximizing the probability and consequences of positive events and minimizing the probability and consequences of events adverse to project objectives. It includes the processes of risk management planning, risk identification, qualitative risk analysis, quantitative risk analysis, risk response planning, and risk monitoring and control.
Industry:Business services
An integrated set of regularly interacting or interdependent components created to accomplish a defined objective, with defined and maintained relationships among its components, and the whole producing or operating better than the simple sum of its components. Systems may be either physically process-based or management process based, or more commonly a combination of both. Systems for project management are composed of project management processes, techniques, methodologies, and tools operated by the project management team.
Industry:Business services
A final site review of the project by the contractor, owner, or owner’s authorized representative prior to issuing the final certificate for payment.
Industry:Business services
The planned dates for performing schedule activities and the planned dates for meeting schedule milestones.
Industry:Business services
The last payment from the owner to the contractor of the entire unpaid balance of the contract sum, as adjusted by any approved change orders.
Industry:Business services
A term for work whose meaning and placement within a structured plan for project work varies by the application area, industry, and brand of project management software.
Industry:Business services
Two or more people working interdependently toward a common goal and a shared reward.
Industry:Business services
A set contract amount for all labor, materials, equipment and services; and contractor’s overhead and profit for all work being performed for a specific scope of work.
Industry:Business services
