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The Complete Glossary of 614 Project Management Terms


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. Actual dates are different from planned or estimated dates.

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Project Management Methodologies Review (Part 1)


We include brief descriptions, pros, and cons for each, and if one captures your attention, we definitely encourage further research. You’ll start by looking at all the tasks absolutely necessary to complete your project, and then estimating completion times for each step, including task dependencies, milestones, and final deliverables.