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The Complete Glossary of 614 Project Management Terms

Workamajig

Accept: A response to a project risk where the project manager accepts the risk and takes no action to evade it, i.e. 'accepting' the risk. This is usually in case of risks that are unlikely to occur or minor enough so as to not affect the project's outcome. A project sponsor can request an audit.

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Project Management Methodologies Review (Part 1)

Wrike

Critical Chain Project Management (CCPM). CCPM avoids that by building a project schedule that first identifies a “critical chain” of tasks and then reserving resources for those tasks. Critical Path Method (CPM). Event Chain Methodology (ECM). Extreme Programming (XP).