Remove Influencer Remove Performance Measurement Remove PMO Remove Project Cost
article thumbnail

125 Project Management Buzzwords

The IIL Blog

Continuous Improvement The ongoing effort to improve a project process, product, or service to achieve better results. Cost Estimation The process of estimating project costs is done by leveraging historical data, expert judgment, or quantitative models. Feasibility Study An analysis of a project’s viability.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a state of resource allocation performed by a project manager. is an external factor or event capable of influencing the project’s success. . is a process of examining and determining risks of project failure as a result of improper assumption estimation. Control Costs . Cost Management .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

is a state of resource allocation performed by a project manager. is an external factor or event capable of influencing the project’s success. . is a process of examining and determining risks of project failure as a result of improper assumption estimation. Control Costs . Cost Management .