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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

On the other hand, it’s quite difficult to retain all the definitions in memory and a good PM dictionary would be a lifesaver. . is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Budget at Completion (BAC) .

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Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

Within the guide, each performance domain, if you’re reading through it has an introduction with an overview definition of terms that they’re using. Then they talk about interactions with other performance domains. It’ll definitely point the reference to those. Where’s the talk about risk?

PMI 59
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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

On the other hand, it’s quite difficult to retain all the definitions in memory and a good PM dictionary would be a lifesaver. . is an approach to evaluating a gross value applying such criteria as budget, complexity, duration, and size based on a previous similar project estimation experience. . Budget at Completion (BAC) .

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The Complete Glossary of 614 Project Management Terms

Workamajig

Budget : The sum total of all the money allocated for a project. Budget at Completion (BAC): BAC is the sum total of all budgets established for the work to be performed. Budget Cost: The cost of the project estimated at the start of the project. Note that the budget cost is not the same as the budget.