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Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

On the other hand, it’s quite difficult to retain all the definitions in memory and a good PM dictionary would be a lifesaver. . 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. Bar Chart

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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.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

On the other hand, it’s quite difficult to retain all the definitions in memory and a good PM dictionary would be a lifesaver. . 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. Bar Chart