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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

Agile A methodology for project and product management, typically used to deliver software projects in an iterative way with short bursts of work called “sprints” Though initially designed as a process for IT and engineering projects, it has since been successfully applied to other industries like marketing.

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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. Activity ID: An alphanumeric code used to identify an activity.

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Project Management Methodologies Review (Part 1)

Wrike

CON: Due to its flexibility, the Adaptive Framework may lead to project delays or increased budgets. They hire you to manage the development of a new CRM software that will help the sales team personalize their communications, track sales data, and determine ideal communication timelines. Event Chain Methodology (ECM).