article thumbnail

125 Project Management Buzzwords

The IIL Blog

hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. Change Control A formal process of documenting, reviewing, approving, and managing a change to a project’s scope, schedule, budget, or quality parameters. Feasibility Study An analysis of a project’s viability.

article thumbnail

What is A System for Value Delivery in Project Management

Project Pulse Journal

The Project Environment The project environment, characterized by internal and external factors, significantly influences the delivery of value within projects. This includes organizational culture, industry dynamics, regulatory requirements, technological advancements, and market trends.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Communications Management: PMP Study Guide (PMBOK 6th Edition)

ExamsPM

The project manager need to be the expert in project management, and the stakeholders are the technical experts in what needs to be done and how it need to be done. The project manager is the orchestra leader, and the work cannot be done well without stakeholder involvement. Review project plans.

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. is a store of all assumptions and constraints created or processed within the project life cycle. .

article thumbnail

Project Management Glossary: 200+ Terms PMs Frequently Use

Epicflow Blog

Activity Duration Estimates Review . is a process of detecting risks related to the time allowances for activities in particular or a project in general, with the width of estimates range indicating a respective level of risk. is a store of all assumptions and constraints created or processed within the project life cycle. .

article thumbnail

The Complete Glossary of 614 Project Management Terms

Workamajig

A project might have several levels of authorization for different activities or deliverables. Authorization Points: Specific points during the course of a project at which the sponsor reviews the business case and approves the project onwards. Most project management plans also include an HR management plan.

article thumbnail

Overview of the PMBOK® Guide Seventh Edition – Lesson 3 Transcription

MPUG

You may wish to use this transcript for the purposes of self-paced learning, searching for specific information, and/or performing a quick review of webinar content. When that one is going to wait two days before the assignments due to just say, hey, why don’t we change this to that? Melanie: Hello. Sorry, Microsoft.

PMI 59