Glossary Project Cycle Management Terms

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Glossary: Terms from Project Cycle Management

Nr. Term Definition (+source) Example Source of Romanian


example equivalent

1 ACTION An action item is any The action of http://whatis.te Sarcina(de


task or activity, creating a chtarget.com/d indeplinit )
assignable to a draft of the efinition/action-
resource that needs request for item
to take place within proposal
the context of a
(RFP) for XYZ
project. BrightHub's
Project Management inc.
Channel
www.BrightHub.com

2 ASSIGNMENT A process that The group http://www.math Distribuirea


CONTOURING determines how work chief is works.com/help/ sarcinilor
for an assignment is responsabile matlab/ref/conto
to be distributed. For with the ur-
some assignments assignment properties.html?
much of the work contouring. requestedDomai
must be done before n=www.mathwor
a few final projects ks.com
can be completed; in
other situations work
might need to be
distributed so that the
majority of the work is
completed at the end
of the project.
BrightHub's Project
Management Channel
www.BrightHub.com

3 BASELINE PLAN A snapshot taken of Since a project http://www.rationa Schema a


the original plan and baseline lplan.com/project planului
at chosen checkpoints includes many managementblog/ original
for the project. In data from a project-
project it is management-
Microsoft
difficult to terms-baseline/
Project, you can save manage it as a
up to 11 baseline whole and
plans for one project usually it is
file. broken into
BrightHub's Project several parts.
Management Channel
www.BrightHub.com
4 CLOSING During the Closing Project Closure http://www.metho Etapa de
PHASE phase, project involves handing d123.com/project- incheiere a
managers often over the closure- proiectului
depend on their deliverables to phase.php
your customer,
project management
passing the
software to provide documentation
detailed summary to the business,
reports of everything cancelling
from missed timelines supplier
to the amount of contracts,
money spent during releasing staff
the project and how and equipment,
that information and informing
matches up with the stakeholders of
the closure of
original project plan.
the project.
BrightHub's Project
Management Channel
www.BrightHub.com

5 CRITICAL Critical Chain Method The critical http://pmstudycir


CHAIN is a set of practices chain can be cle.com/2014/02
that emphasizes the defined as “the /critical-chain-
resources needed in longest path in method-ccm-in-
order to be complete the network project-
a project. diagram management
BrightHub's Project considering
Management Channel activity
www.BrightHub.com interdependenc
e and resource
constraint
6 CRITICAL PATH A series of tasks that We decided to http://www.busine
define the finish date look at potential ssdictionary.com/
of the project. If the definition/critical-
obstacles so we path.html
critical path tasks do
not finish when analyzed the
scheduled, the project critical path to
finish date is best make
delayed.BrightHub's
solutions for
Project Management
Channel potential
www.BrightHub.com problems.

7 DEADLINE Task deadlines are I had to meet the Termen limita


target dates you set in deadline, or my http://www.busine
the project schedule ssdictionary.com/
work would not definition/deadline
that do not actually
be accepted and .html#ixzz3z5WgL
affect the project
bkH
schedule. I would be back
BrightHub's Project in the
Management Channel
unemployment
www.BrightHub.com
line

8 EFFORT- A term used to The Effort https://support.of


DRIVEN describe the theory Driven field fice.com/en-
SCHEDULING that adding more indicates us/article/Effort-
resources equals whether the Driven-task-
shortening a task's scheduling for field-2155647a-
duration. the task is effort a232-48a6-
BrightHub's Project driven a832-
Management Channel scheduling. ed64fa87dc71
www.BrightHub.com
9 EXECUTION Phase three in In the Project http://www.meth
PHASE PMBOK's phases of Execution od123.com/proje
Phase you will
project management ct-execution-
build the
is the Execution physical project
phase.php
phase (although, this deliverables and
phase may also be present them to
referred to as the your customer
Implementation for signoff.
phase). During the
Execution phase, your
best-laid plan from
Phase 2 - Planning is
put to work. The
Execution phase can
take as long as or
longer than the
Planning phase. This
is the time when you'll
spend the bulk of your
money and keep your
resources busy
"executing" the
project plan.
BrightHub's Project
Management Channel
www.BrightHub.com

10 FIXED A task type where the On the oncoing http://164.100.1


DURATION duration is fixed. project the firm 33.129:81/econt
BrightHub's Project has already ent/Uploads/PR
Management Channel established a OJECT_MANA
www.BrightHub.com fixed duration GEMENT.pdf
for my task.

11 FIXED UNITS A task type where the On Fixed Units http://www.epmc


units are fixed. task, units will be entral.com/mspr
BrightHub's Project fixed and if you oject/fixedunits.p
Management Channel change the work, hp
duration will be
www.BrightHub.com
changed.
12 FIXED WORK A task type where the Use Fixed Work http://www.mpug
work is fixed. tasks in .com/articles/tas
BrightHub's Project situations such k-types-dont-
Management Channel as when the get-frustrated/
www.BrightHub.com effort required is
the first thing
you estimate.

13 FREE SLACK The amount of time a Use the Free https://support.of


task can fall behind, Slack field to fice.com/en-
be delayed, or slip, determine us/article/Free-
and not affect other whether a task Slack-task-field-
tasks in the project has any time 87145b2b-8d50-
schedule. available for a 45a1-b89b-
BrightHub's Project delay 89aa73015d17
Management Channel
www.BrightHub.com

14 GANTT CHART A Gantt chart displays Gantt charts are http://www.gantt. Diagarame
project schedule most commonly com/ Gantt
information across a used for
timeline, listing tracking project
summary tasks as schedules.
well as milestones.
BrightHub's Project
Management Channel
www.BrightHub.com
15 INITIATION The first phase of In the initiation http://www.meth
PHASE project management phase you can od123.com/proje
is the Initiation phase. start a new ct-initiation-
It's during this initial project by phase.php
time that the project defining its
goal is established. objectives,
During Phase 1, if a scope, purpose
project manager has and
been assigned, this deliverables to
be produced.
person works with the
involved parties,
otherwise known as
the project
stakeholders to fully
determine how to
measure the success
of the project once all
work is complete.
BrightHub's Project
Management Channel
www.BrightHub.com

16 INTERIM PLAN A task's start and Interim plans are http://www.bright


finish values that can task-specific and hubpm.com/proj
be saved and used to can be created ect-
compare project at different planning/11696-
stages of a
progress at various the-difference-
project.
stages. between-a-
BrightHub's Project baseline-plan-
Management Channel and-an-interim-
www.BrightHub.com plan/

17 LAG TIME The amount of delay Through many of http://www.thefr


in the relationship his speeches, eedictionary.co
between the including m/time+lag
predecessor and the testimonies
before the
successor.
Congress,
BrightHub's Project Greenspan
Management Channel underscored the
www.BrightHub.com need to take into
account the
substantial time
lag between
monetary policy
action and the
point at which its
effects show in
the economy.
18 LEAD TIME The amount of time The lead time http://www.busine
that must pass for one was far too high ssdictionary.com/
task before its definition/lead-
for our business time.html#ixzz3z6
successor task can
to be a success 8yubqn
start.
BrightHub's Project so we searched
Management Channel for inefficiencies
www.BrightHub.com
to improve upon.

19 LEVELING The process of In project https://en.wikipe Distribuirea


resolving resources management, dia.org/wiki/Res sarcinilor in
conflicts and over resource ource_leveling functie de
allocations by leveling is a resurse/
delaying tasks, technique in Delegarea
which start and
splitting tasks, and sarcinilor
finish dates are
making changes to
adjusted based
assignments in a on resource
project. constraints with
BrightHub's Project the goal of
Management Channel balancing
www.BrightHub.com demand for
resources with
the available
supply.

20 MASTER A project file that At the time http://pmrgi.com/ Proiect


PROJECT includes subprojects being we have index.php/progr principal
(inserted projects) five projects in ams/advanced-
and that is used to our master certifications/ma
manage multiple project. ster-project-
smaller projects from manager
one larger projects.
BrightHub's Project
Management Channel
www.BrightHub.com
21 MONITORING In Phase 4 - It is important http://pmrgi.com/ Monitorizarea
(CONTROLLING Monitoring, you're to be atentive index.php/progr proiectului
) PHASE watching work in your ams/advanced-
progress and keeping monitoring certifications/ma
one eye on the phase at all the ster-project-
original project goal to important tasks manager
ensure your project of the project.
sticks within the
original project scope.
BrightHub's Project
Management Channel
www.BrightHub.com

22 PLANNING Often the most time- We had to No source . Planificarea


PHASE consuming of the expand the proiectului
phases of project time for the
management, the planing phase
Planning phase is due to thr
where you lay your multitude of
project groundwork. In ideas.
Phase 2 - Planning,
you create a specific
list of things that need
to happen in order for
your goal or goals to
be met.
BrightHub's Project
Management Channel
www.BrightHub.com

23 The project cycle is a The project No source. Stabilirea


PROJECT process that details cycle for our unei schite a
CYCLE the project activities latest action desfasurarii
and when those was very exact. sarcinilor
activities should take
place throughout the
duration of a project.
BrightHub's Project
Management Channel
www.BrightHub.com
24 PMBOK A Guide to the Project All i know i No source. Manual/ghid
Management Body of learnd from the pentru
Knowledge. Is a PMbok. managemen-
collection of processes tul proiectelor
and knowledge areas
accepted as best
practice for the project
management
profession.BrightHub's
Project Management
Channel
www.BrightHub.com

25 RISK A potential event or Risk Risk Managemen-


MANAGEMENT circumstance that management Management tul riscurilor
may have a negative is a two-step Definition |
influence on the process - Investopedia
project. Risk determining http://www.inve
Management tries to what risks stopedia.com/te
consider all possible exist in an rms/r/riskmana
risks to the investment gement.asp#ixz
completion of a and then z3z7HrxNtU
project, assign
handling those
probability and
risks in a way
potential effect,
propose a response,
best-suited to
and assign an 'owner' your
to the risk, who is investment
responsible for objectives.
spotting the risk if it
arises, and Risk
implementing the management
response. occurs
BrightHub's Project everywhere in
Management Channel the financial
www.BrightHub.com world

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