Compass

Category: Knowledge base > Dictionary

An estimate of the cost of a product or service used to provide an assessment
of the reasonableness of a prospective contractor’s proposed cost.
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Category: Knowledge base > Dictionary

Developing a written scope statement that includes the project justification,
the major deliverables, and the project objectives.
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Category: Knowledge base > Dictionary

The sum of the products and services to be provided as a project.
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Category: Knowledge base > Dictionary

The ratio of work performed to work scheduled
(BCWP/BCWS). See earned value.
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Category: Knowledge base > Dictionary

Defining enhancement steps for opportunities and mitigation
steps for threats.
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Category: Knowledge base > Dictionary

Responding to changes in risk over the course of the project.
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Category: Knowledge base > Dictionary

Evaluating the probability of risk event occurrence and effect.
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Category: Knowledge base > Dictionary

A discrete occurrence that may affect the project for better or worse.
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Category: Knowledge base > Dictionary

Determining what resources (people, equipment, materials) are needed in
what quantities to perform project activities.
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Category: Knowledge base > Dictionary

A project schedule whose start and finish dates reflect expected
resource availability. The final project schedule should always be resource-limited.
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