Remove Agile Remove Performance Measurement Remove Prince2 Remove Project Cost
article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is the description of all activities planned for completing a project. It contains all the details about the tasks a project team has to perform. . Actual Cost . is a final amount of money and resources spent on project completion. is initial data for your project performance measurement necessary for the start.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is the description of all activities planned for completing a project. It contains all the details about the tasks a project team has to perform. . Actual Cost . is a final amount of money and resources spent on project completion. is initial data for your project performance measurement necessary for the start.

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

Agile: A project management methodology that focuses on delivering work in an iterative fashion. The agile approach is usually used in software projects where the scope is not always known and adaptability is prioritized. Cost Performance Index (CPI): The ratio of Earned Value (EV) and Actual Cost of a project.