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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

It’s not merely data backup, but includes that and every other detail to ensure the project isn’t derailed by considering short- and long-term events and how to respond to them. E – Project Management Terms Earned value management (EVM) A way to measure project performance, and is commonly used in government projects.

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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.