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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

B – Project Management Terms Backlog Backlog is a term from the Agile methodology Scrum, but is also used across industries to track every single thing that is needed to complete a product in development. Event chain diagram This is a visual way of demonstrating the relationship between events and tasks and how they impact one another.

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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.