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APMPFQ_Terminology_1
Section 1: Environment
Term | Definition |
---|---|
Health and safety management | The process of identifying and minimising threats to workers and those affected by the work throughout the project, programme or portfolio life cycle. |
Business-as-usual | An organisation's normal day-to-day operations. |
PRINCE2® | An acronym standing for PRojects IN Controlled Environments (second version). It is intended to be generic. (®AXELOS Limited) |
Project | A unique, transient endeavour undertaken to achieve planned objectives. |
Project management | The application of processes, methods, knowledge, skills and experience to achieve the project objectives. |
Setting | The relationship of the project, programme or portfolio with its host organisation. |
Programme | A group of related projects and change management activities that together achieve beneficial change for an organisation. |
Programme management | The coordinated management of projects and change management activities to achieve beneficial change. |
Portfolio | A grouping of an organisation's projects, programmes and related business-as-usual activities taking into account resource constraints. Portfolios can be managed at an organisational, programme or functional level. |
Portfolio management | The selection, prioritisation and control of an organisation’s projects and programmes in line with its strategic objectives and capacity to deliver. |
Context | A collective term for the governance and setting of a project, programme or portfolio. |
Environment | The circumstances and conditions within which the project, programme or portfolio must operate. |