Term
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Definition
| creating a WBS by using a similar project's WBS as a starting point |
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Definition
| creating a WBS by having team members identify as many specific tasks related to the project as possible and then grouping them into higher level categories |
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Definition
| subdividnig project deliverables into smaller pieces |
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Term
| Joint Application Design (JAD) |
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Definition
| using highly organized and intensive workshops to bring together project stakeholders - the sponsor, users, business analysts, programmers, and so on - to jointly define and design information systems. |
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Term
| requirements management plan |
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Definition
| a plan that describes how project requirements will be anlayzed, documented, and managed. |
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Term
| requirements traceability matrix (RTM) |
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Definition
| a table that lists requirements, various attrivutes of each requirement, and the status of the requirements to ensure that all requirements are addressed |
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Definition
| creating a WBS by starting with the largest items of the project and breaking them into their subordniate items |
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Term
| work breakdown structure (WBS) |
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Definition
| a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project |
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Definition
| a task at the lowest level of the WBS |
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Definition
| a network diagramming technique in which activites are represented by arrows and connected at points called nodes to illustrate the sequence of activities |
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Definition
| a project network diagramming technique that determines the late start and late finish dates for each activity in a similar fashion |
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Definition
| the planned schedle dates for activities in a tracking gantt chart |
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Definition
| a technique for making cost and schedule trade-offs to obtain the greatest amount of schedule compression for the least incremental cost |
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Definition
| additional time added before tasks on the critical path that are preceded by non-critical-path tasks |
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Term
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Definition
| the amount of time a project activity may be delayed without delaying a succeeding activity or the project finish date; also called slack |
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Term
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Definition
| a network diagramming technique that determines the early start and early finish dates for each activity |
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Term
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Definition
| the starting and ending point of an activity on an activity-on-arrow diagram |
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Term
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Definition
| principle that work expands to fill the time allowed |
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Term
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Definition
| optimistic time + 4* most likely time + pessimistic time / 6 |
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Term
| Program Evaluation and Review Technique (PERT) |
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Definition
| a project network analysis technique used to estimate project duration when there is a high degree of unvertainty with the individual activity duration estimates |
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Term
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Definition
| Specific Measureable Assignable Realistic Time-Framed |
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Definition
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Definition
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Definition
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Definition
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Definition
| the original project plan plus approved changes |
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Definition
| estimating individual work items and summing them to get a project total |
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Term
| earned value management (EVM) |
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Definition
| project performance measurement that integrates scope, time, and cost data |
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Term
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Definition
| the additioanl percentage of dollar amount by which actual costs exceed estimates |
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Definition
| the ratio between revenues and profits |
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Definition
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Definition
| money that has been spent in the past |
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Term
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Definition
| cost estimating that uses the actual cost of a previous, similar project as the basis |
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