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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Control Costs . is a process of examining a project status to be able to change the project costs if necessary to reduce risks. . Cost Management . is a process of assessing, assigning, and administering all project costs. Cost Management Plan . Critical Activities .

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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.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Control Costs . is a process of examining a project status to be able to change the project costs if necessary to reduce risks. . Cost Management . is a process of assessing, assigning, and administering all project costs. Cost Management Plan . Critical Activities .