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pm vocab 1

TermDefinition
closing Activities performed to finalize the project - to bring it to a conclusion and to meet contractual obligations.
communication A two-way process of reaching mutual understanding in which participants not only exchange information, but also create and share meaning.
composite organization An organizational structure that blends the functional, matrix, and projectized types of organizations.
cost The amount of money that will be required to complete the project successfully.
enterprise environmental factors Internal and external environmental factors that surround or influence a project's success.
executing Activities performed to carry out and complete the work as defined in the project management plan.
expert judgement Expertise sought form groups or individuals with specialized training or knowledge.
functional organization A type of business structure that organizes employees into departments based on their areas of expertise or roles.
group dynamics The processes involved when people in a group interact with each other
human resources The knowledge, skills, values, and attitudes of those working on the project.
Created by: jag_07
 

 



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