Knowledge base

Project Team Members

Category: Knowledge base > Dictionary

The people who report either directly or indirectly to the project
manager.
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Activity Duration Estimating

Category: Knowledge base > Dictionary

Estimating the number of work periods which will be needed
to complete individual activities.
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Duration

Category: Knowledge base > Dictionary

The number of work periods (not including holidays or other non-working periods)
required to complete an activity or other project element. Usually expressed
as workdays or workweeks. Sometimes incorrectly equated with elapsed time. See
also effort.
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Project Life Cycle

Category: Knowledge base > Dictionary

A collection of generally sequential project phases whose name and number
are determined by the control needs of the organization or organizations involved
in the project.
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Cost Budgeting

Category: Knowledge base > Dictionary

Allocating the cost estimates to individual project components.
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Budget At Completion

Category: Knowledge base > Dictionary

The estimated total cost of the project when done.
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Baseline

Category: Knowledge base > Dictionary

The original plan (for a project, a work package, or an activity), plus or minus approved
changes. Usually used with a modifier (e.g., cost baseline, schedule baseline,
performance measurement baseline).
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Baseline Finish Date

Category: Knowledge base > Dictionary

The point in time work was scheduled to finish on an activity.
The scheduled finish date is normally within the range of dates delimited by the
early finish date and the late finish date.
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Baseline Start Date

Category: Knowledge base > Dictionary

The point in time work was scheduled to start on an activity. The
scheduled start date is normally within the range of dates delimited by the early
start date and the late start date.
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Monte Carlo Analysis

Category: Knowledge base > Dictionary

A schedule risk assessment technique that performs a project simulation
many times in order to calculate a distribution of likely results.
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