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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. All work is divided into short bursts called "sprints".

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Project Management Methodologies Review (Part 1)

Wrike

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). Event chain methodology helps recognize and plan for potential risks that may lie outside the project scope.