Remove Event Chain Remove Process Remove Risk Remove Sustainability
article thumbnail

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. Allocation: Another term for Resource Allocation.

article thumbnail

Project Management Methodologies Review (Part 1)

Wrike

Once the project has begun, teams cycle through the process of planning, executing, and evaluating tasks — which might change the final deliverable. Critical Chain Project Management (CCPM). Event Chain Methodology (ECM). Project delays are usually caused by resources that aren’t available when you need them.