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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Acquire Project Team . is a process of selecting resources to deal with project activities according to an established set of competencies necessary for the execution of certain duties. . is the total financial plan calculated for a project. Control Costs . Cost Management . Cost Management Plan .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Acquire Project Team . is a process of selecting resources to deal with project activities according to an established set of competencies necessary for the execution of certain duties. . is the total financial plan calculated for a project. Control Costs . Cost Management . Cost Management Plan .

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The Complete Glossary of 614 Project Management Terms

Workamajig

Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project's cost and/or duration are calculated by adding the cost/duration of all its constituent activities. Crashing: A way to fast track the project by adding resources.