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APMP Section 8-10

QuestionAnswer
Critical chain A networking technique that identifies paths through a project based on resource dependencies, as well as technical dependencies.
Critical path A sequence of activities through a network diagram from start to finish, the sum of whose durations determines the overall duration.
Finish-to-finish A dependency in an activity-on-node network. It indicates that one activity cannot finish until another activity has finished.
Finish-to-start A dependency in an activity-on-node network. It indicates that one activity cannot start until another activity has finished.
Schedule management The process of developing, maintaining and communicating schedules for time and resource.
Start-to-finish A dependency in an activity-on-node network. It indicates that one activity cannot finish until another activity has started.
Activity A task, job, operation or process consuming time and possibly other resources.
Consumable resource A type of resource that only remains available until used up
Resource allocation The process by which resources are attributed to activities.
Resource availability The level of availability of a resource, which may vary over time.
Resource levelling A scheduling calculation that delays activities such that resource usage is kept below specified limits.
Resource management The acquisition and deployment of the internal and external resources required to deliver the project, programme or portfolio.
Resource scheduling A collection of techniques used to calculate the resources required to deliver the work and when they will be required.
Resource smoothing A scheduling calculation that involves utilising float or increasing or decreasing the resources required for specific activities, such that any peaks and troughs of resource usage are smoothed out.
Resources All those items required to undertake work including people, finance and materials.
Re-usable resource A resource that when no longer needed becomes available for other uses.
Time boxing The production of project deliverables in circumstances where time and resources including funding are prioritised depending on what can be achieved in the fixed time scale.
Time scheduling A collection of techniques used to develop and present schedules that show when work will be performed.
Total float Time by which an activity may be delayed or extended without affecting the overall duration or violating a target finish date.
Budgeting and cost control The estimation of costs, the setting of an agreed budget, and management of actual and forecast costs against that budget.
Committed expenditure Costs that have not yet been paid but cannot be cancelled.
Drawdown The removal of funds from an agreed source resulting in a reduction of available funds.
Funding The means by which the capital required to undertake a project, programme or portfolio is secured and then made available as required.
Management reserve A sum of money held as an overall contingency to cover the cost impact of some unexpected event.
Quality management A discipline for ensuring the outputs, benefits and the processes by which they are delivered, meet stakeholder requirements and are fit for purpose.
Gate The point between phases, gates and/or tranches where a go/no go decision can be made about the remainder of the work.
Integrated assurance The coordination of assurance activities where there are a number of assurance providers.
Lessons learned Documented experiences that can be used to improve the future management of projects, programmes and portfolios.
P3 assurance The process of providing confidence to stakeholders that projects, programmes and portfolios will achieve their scope, time, cost and quality objectives, and realise their benefits.
Quality The fitness for purpose or the degree of conformance of the outputs of a process or the process itself.
Audit The systematic retrospective examination of the whole, or part, of a project or function to measure conformance with predetermined standards.
Continuous improvement A planned systematic approach to improvement on an ongoing basis.
Quality assurance A process to validate the consistent use of procedures and standards, and ensures that staff have the correct knowledge, skills and attitudes to fulfil their project roles and responsibilities in a competent manner.
Quality assurance plan A plan that guarantees a quality approach and conformance to all customer requirements for all activities in a project.
Quality audit An official examination to determine whether practices conform to specified standards or a critical analysis of whether a deliverable meets quality criteria.
Quality control The process of monitoring specific project putputs to determine if they comply with relevant standards and identifying ways to eliminate causes of unsatisfactory performance.
Quality management system The complete set of quality standards, procedures and responsibilities for a site or organisation.
Communication The means by which information or instructions are exchanged.
Conflict management The process of identifying and addressing differences that, if left unresolved, could affect objectives.
Collaborative negotiation Negotiation that seeks to create a ‘winwin’ scenario where all parties involved get part or all of what they were looking for from the negotiation.
Negotiation A discussion between two or more parties aimed at reaching agreement.
Active listening A communication technique which requires the listener to feed back what they hear to the speaker.
Communication plan A document that identifies what information is to be communicated to whom, why, when, where, how, through which medium and the desired impact.
Arbitration The process of using a third party appointed to settle a dispute.
Conflict resolution Approach to finding away through disputes
Mediation An attempt to settle a legal dispute through active participation of a third party who works to find points of agreement and make those in conflict agree on a fair result.
Created by: lworsley