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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

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. Critical Chain Project Management (CCPM).