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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. Events and milestones are represented as nodes.

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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

This accounts for potential traffic delays, long security lines, or other unforeseen events. Carrying an Umbrella (Risk Buffer). Keeping a Spare Tire (Risk & Resource Buffer). Having Insurance (Risk Buffer). While time buffers are most common, there are several types to know, each targeting specific risks.

2016 52
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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. It contains all the details about the tasks a project team has to perform. . Control Risks . Activity Attributes . Activity List .

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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. It contains all the details about the tasks a project team has to perform. . Control Risks . Activity Attributes . Activity List .

article thumbnail

Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow Blog

This accounts for potential traffic delays, long security lines, or other unforeseen events. Carrying an Umbrella (Risk Buffer). Keeping a Spare Tire (Risk & Resource Buffer). Having Insurance (Risk Buffer). While time buffers are most common, there are several types to know, each targeting specific risks.

2016 52
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Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

I mentioned the five star because I saw this event is up on PMI. You have your integration, scope, schedule, cost, quality, resources, communications, risk, procurement, stakeholders, right? Jeff: You know, employees consistent risk evaluation. You’re like, where’s the risk register? Jeff: Fantastic.

PMI 59