Compass

Category: Knowledge base > Dictionary

The date work is planned (targeted) to finish on an activity.
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Category: Knowledge base > Dictionary

An imposed date which constrains or otherwise modifies the
network analysis.
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Category: Knowledge base > Dictionary

The date work is planned (targeted) to start on an activity.
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Category: Knowledge base > Dictionary

A graphic display of schedule-related information. In the typical bar chart, activities
or other project elements are listed down the left side of the chart, dates are shown
across the top, and activity durations are shown as date-placed horizontal bars. Also
called a Gantt chart.
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Category: Knowledge base > Dictionary

The ratio of budgeted costs to actual costs (BCWP/ACWP).
CPI is often used to predict the magnitude of a possible cost overrun using the following
formula: original cost estimate/CPI = projected cost at completion. See also
earned value.
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Category: Knowledge base > Dictionary

One of the defining points of a network; a junction point joined to some or all of the
other dependency lines. See also arrow diagramming method and precedence diagramming
method.
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Category: Knowledge base > Dictionary

Ensuring that all identified project deliverables have been completed
satisfactorily.
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Category: Knowledge base > Dictionary

Analyzing activity sequences, activity durations, and resource requirements
to create the project schedule.
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Category: Knowledge base > Dictionary

A method for measuring project performance. It compares the amount
of work that was planned with what was actually accomplished to determine if cost
and schedule performance is as planned. See also actual cost of work performed,
budgeted cost of work scheduled, budgeted cost of work performed, cost variance,
cost performance index, schedule variance, and schedule performance index.
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Category: Knowledge base > Dictionary

In a project network diagram, the series of activities which determines the earliest
completion of the project. The critical path will generally change from time to
time as activities are completed ahead of or behind schedule. Although normally
calculated for the entire project, the critical path can also be determined for a milestone
or subproject.
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