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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Find a term you want defined that isn’t on this project management glossary? Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage. Business Plan A formal document that clearly defines the business goals of a project and how to attain them.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Actual dates are different from planned or estimated dates. Actual Effort: The actual effort spent to complete the activity, as opposed to the planned or estimated effort. Actual Expenditure: The actual expenditure spent to complete the activity, as opposed to the planned or estimated expenditure.

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Project Management Methodologies Review (Part 1)

Wrike

These projects begin with a Requirements Breakdown Structure to define strategic project goals based on product requirements, functions, sub-functions, and features. CON: Due to its flexibility, the Adaptive Framework may lead to project delays or increased budgets. With Agile, your end goals are less defined. Success, right?