Traditional Cost Mgmt
A metric that gives the estimated value of the work that has actually been completed on the project to date.
Earned Value
Effort estimates associated with user stories that were completed during an iteration.
The degree to which a project in the components of its product fulfill requirements.
Quality
What one person describes is often very different from what the listener understands.
Gulf of evaluation
A formal process to obtain goods and services.
Procurement
Costs that are directly attributable to the work on the project.
Direct Costs
Minimum viable product that will be delivered financial team.
MVP
A general classification of a product which can be used for various technical specifications.
Grade
A process that includes many overlapping testing and verification cycles.
XP Cycles of Verification and Validation
Agreements that can be written or verbal and are typically created with an external entity and involve an exchange of goods or services.
Contracts
Overhead cost incurred for the benefit of more than one project.
Indirect Costs
One of the seven core competencies essential to achieving busines
Lean portfolio management (LPM)
A process that encourage companies and their employees to focus on finding ways to continuously improve the quality of their products.
Total Quality Management (TQM)
Two developers working together and the reiewer spots errors as the coder is writing.
Paired Programming
A broader term than contracts which includes documents or communication that outline internal air external relationships and their intentions.
Agreements
Costs that change with the amount of production work.
Variable Costs
Ensures the entire portfolio is aligned and funded to create and maintain the solutions needed to meet business targets.
Strategy and investment funding
Having suppliers deliver resource just before they are needed.
Just in Time (JIT)
Types of tests commonly used in software development work.
Exploratory and usability testing
The company or person who purchases the goods or services
Buyer
Costs that do not change as production changes.
Fixed Costs
Coordinates and supports decentralized ART execution and fosters operational excellence.
Agile portfolio operation
A process that focuses on defining quality for the project, the product, and project management, and how it will be achieved.
Quality Management
The practice used by software developers to frequently incorporate new and change code into their product code repository.
Continuous integration
The company or person who provides the goods or services
Seller