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Lesson 10 Vocabulary
Ericka Appana
Term | Definition |
---|---|
Project Management | The practice of applying skills and processes to activities in order to meet deadlines and achieve desired results. |
Project | A sequence of tasks that must be accomplished within a certain time frame to achieve a desired result. |
Task | A unit of work that must be accomplished during the course of a project. |
Resource | A person, department, or device needed to accomplish a task. |
Assignment | The appointment of a specific resource to a specific task. |
Scope Creep | Gradual increases in project scope that can undermine the success of a project. |
Stakeholder | A person or group with an interest in a project, and with the power to exert influence (either positive or negative) over the project and affect results. |
Needs Analysis | Determining a customer's needs by acquiring information, processing and evaluating the information, then creating a plan of action to address the needs. |
Assumption | A factor that is considered to be real or certain for planning purposes. |
Constraint | A factor, such as budget or time, that limits a project manager's options. |
Statement of Work | A contract to initiate a project; the contract contains project goals and specifies how those goals will be met. |
Project Schedule | A document that lists the planned dates for performing tasks and meeting goals defined in a project plan. |
Milestone | The end of a stage that marks the completion of a task or series of related tasks, resulting in a key deliverable. |
Change Management | The process, tools and techniques that help people implement changes to achieve a desired outcome. |
Gantt Chart | A horizontal bar chart that graphically displays project tasks and duration. |
Intranet | An internal or in-house Web site used only by employees within a company. |
Extranet | An internal network designed to provide access to selected external users; is not available to the Internet public. |
Webinar | Online training or conference sessions that utilize Internet technology to provide interactive and presentation elements to users. |
Webcast | Audio/Video Web events that are distributed over the Internet. |
Return on investment | Profit earned as a result of a project relative to the value of resources required to complete it. |
Program management | The process of managing multiple interdependent projects to improve the performance of an organization. |