vocab

Vocabulary 1.0

100

A project is a temporary endeavor undertaken to create a unique product, service, or result. The
temporary nature of projects indicates a definite beginning and end

Project

200

which are the activities performed to define a new project or a new phase of
an existing project. Initiating activities include the definition of initial scope,
identification of initial financial resource commitments, identification of stakeholders,
selection of the project manager, establishment of a project charter, and getting full
authorization for the project.

Initiating

300

which are the activities performed in order to establish the total scope of the
project, define and refine the objectives, and develop the course of action that will be
followed to achieve the objectives

Planning

400

which are the activities performed to carry out and complete the work as
defined in the project management plan.

Executing-

500

which are the activities performed to track, review, and

regulate the execution of the project; identify any areas in which changes to the plan are required; and initiate corresponding changes.

Monitoring and controlling

vocabulary 1.0

100

which are the activities performed to finalize the project – to bring it to a conclusion
and to meet contractual obligations

Closing

200

are persons or organizations who are actively involved in the project or whose
interest may be positively or negatively affected by the performance or completion of the project.

Stakeholders

300

The process of identifying all people or organizations impacted by the project, and documenting
relevant information regarding their interests, involvement, and impact on project success

 Identify Stakeholders

400

 technique of systematically gathering and analyzing quantitative and
qualitative information to determine whose interests should be taken into account throughout
the project.

Stakeholder Analysis:

500

 Judgment or expertise should be sought from groups or individuals with
specialized training or knowledge on the subject matter. Examples include

Expert Judgement

vocabulary 2.0

100

1. Any or all external environmental factors and internal organizational environment

Enterprise environmental factors

200

Any or all process related assets, from any or all of the organizations involved in the project that are or can be used to influence the project’s success. These process assets include formal and informal plans, policies, and guidelines.

Organizational process assets

300

Expert judgment is often used to assess the inputs used to develop the project charter. Such judgment and expertise is applied to any technical and management details during this process

Expert judgment

400

1. A document issued by the project initiator or sponsor that formally authorizes the existence of a project, and provides the project manager with the authority to apply organizational resources to project activities.

 

Project charter

500

 is a formal approved document that defines how the project is executed, monitored and controlled.

 project management plan