Project management terminology

The planning, monitoring and control of all aspects of Project management terminology project and the motivation of all those involved in it to achieve the project objectives on time and to the specified cost, quality and performance.

It will also serve as the basis for completed construction documents and outline the commissioning plan for finished execution. Fixed Units A task type where the units are fixed. Project managers can have the responsibility of the planning, execution, controlling, and closing of any project typically relating to the construction industryengineering, architecture, computingand telecommunications.

Management process is a process of planning and controlling the performance or execution of any type of activity. One of the most interesting points I remember from the book concerns the planning of a given project.

Value for the money in construction requires completing a project on time, on budget and to a level of functionality that meets the determined needs.

In another useful graphic you will see that the scope of a project will include time, quality, and cost. The Execution phase can take as long or longer Project management terminology the Planning phase. It is believed that it originally adopted the idea of Line-Of-Balance method.

Linear scheduling method — LSM is a graphical scheduling method focusing on continuous resource utilization in repetitive activities. Build Quality relates to the engineering performance of a building which includes structural stability and the integration and robustness of systems, finishes, and fittings.

An example would be that of designing, manufacturing and providing support infrastructure for an automobile manufacturer. It illustrate the start and finish dates of the Project management terminology elements and summary elements of a project. Virtual Design and Construction VDC is the use of integrated multi-disciplinary performance models of design-construction projects, including the Product i.

Project Cost Management A method of managing a project in real-time from the estimating stage to project control; through the use of technology cost, schedule and productivity is monitored. This stage should also define the criteria for assessing quality measurement to ensure the project's success.

Overall, the BIM digital model becomes a rehearsal of construction and can help identify conflicts and their resolution before actual construction dollars are spent. Schedules in project management consists of a list of a project's terminal elements with intended start and finish dates.

Building Commissioning —Provides an overview of commissioning drivers, benefits, goals, and principles for improving building quality. Quality Optimization Quality optimization starts with matching expectations about functionality with budget and scope during planning and design reviews and continues through construction delivery with a program of inspections, tests, and certifications.

Risk management is a management specialism aiming to reduce different risks related to a preselected domain to the level accepted by society. A great mentor of mine from when I worked at Deloitte Consulting at the beginning of my career told me something I still carry with me today about communication and project management: Lag Time The amount of delay in the relationship between the predecessor and the successor.

Despite this, all projects can be mapped to the following simple life cycle structure, which involves starting the project, organizing and preparing, carrying out the work, and closing the project.

Outline of project management

Some companies have embraced a very project oriented culture and use many of these terms on a regular basis. See our resource guide for more information on best practices. Impact refers to the building's ability to create a sense of place and have a positive effect on the local community and environment.

QCD analysis often forms a part of continuous improvement programs R[ edit ] Reengineering is radical redesign of an organization's processes, especially its business processes. Systems Development Life Cycle SDLC is any logical process used by a systems analyst to develop an information system, including requirements, validation, training, and user ownership.

Value analysis, alternate procurement strategies, cost-benefit analysis, program adaptation and life-cycle costing are a just a few examples of the tools available to the team to help manage design to budget.

During the Execution phase, your best-laid plan from Phase 2 - Planning is put to work.

Project Planning, Delivery, and Controls

The ability to adapt to the various internal procedures of the contracting party, and to form close links with the nominated representatives, is essential in ensuring that the key issues of cost, time, quality and above all, client satisfaction, can be realized.

Functionality, Build Quality and Impact. Because of the similarity, work packages are often misidentified as projects. When the design or program starts to grow or "creep", the project team must work together to bring the design and estimated cost back in line with the established budget.

Megaproject is an extremely large-scale investment project. Scrum is an iterative incremental process of software development commonly used with agile software development.

The selection of a delivery method will in turn influence the team composition, schedule, budget, and management plans to be followed throughout the process.

This phenomenon can occur when the scope of a project is not properly defined, documented, or controlled.The following outline is provided as an overview of and topical guide to project management. Project management – discipline of planning, organizing, securing, managing, leading, and controlling resources to achieve specific goals.

A project is a temporary endeavor with a defined beginning and end (usually time-constrained, and often constrained by funding or deliverables), undertaken to. A - Project Management Terms. Accept - A decision to take no action against a threat.

Project teams typically accept risks when they fall below risk thresholds or when the team thinks it best to act only if and when a threat occurs. This book is the perfect follow-up to Jack's previous book: The Strategic Project Leader.

Project management

It is a valuable resource to both Functional Managers and Project Managers, very easy to read and well-structured. Project Management project management – National Diploma The primary purpose of this qualification is to provide learners with the application of knowledge, skills and tools to project manage activities to meet project requirements.

Project Management consists of the planning, organizing, motivation as well as the control and allocation of resources needed to achieve specific goals [ ]. Earn an MBA in project management from GCU to bolster your skills in agile project management and prepare for PMI certifications.

This online and evening program incorporates research-based strategies with business fundamentals to nurture your skills in traditional and agile project management. • Section I is a listing of basic project management terms.

You will be expected to know these terms for the CompTIA Project+ exam. • Section II provides definitions for terms you will likely need as your project.

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Project management terminology
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