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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Arrow Diagramming Method A network diagramming technique that represents the start and end of activities with arrows to help with scheduling in the project planning phase. Baseline A baseline is an estimate of the project’s scope, schedule and costs that is created during the planning stage. It is also called a Business Case.

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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

As they proceed, teams continually evaluate previous results to improve policies and practices at each stage of the project lifecycle. Clients/stakeholders can change project scope at the start of each stage so the team can produce the most business value. You deliver a CRM with those features on time and within budget.