Acceptability Criteria
A limit or limits placed upon the degree of non-conformance permitted in material
or products expressed in definitive operational terms. Also known as acceptance
criteria.
Acceptable Quality Level ("AQL")
The maximum percent defective (or the maximum number of defects per hundred
units) that, for the purpose of sampling inspection, can be considered
satisfactory as a process average.
Acceptance
The formal process of accepting delivery of a product or intermediate
project deliverable after having assured that it meets the stated requirements.
Acceptance Number
The maximum number of defects or defective units in the sample that will
permit acceptance of the inspection lot or batch.
Acceptance Review
A control gate at which the buyer determines that the item presented for
acceptance complies with its specification. Acceptance Reviews occur at
all levels in the system hierarchy. The verification results are presented
as evidence of specification compliance.
Acceptance Test
Tests conducted in accordance with an approved verification plan and approved
test procedures. Tests are best conducted by an independent organization
and witnessed by a representative of the buyer for compliance with the
test procedure and verification plan.
Acceptance Test Procedure ("ATP")
Detailed step-by- step instructions for the set-up, operation, and evaluation
of tests. The procedure includes the approach to sampling and statistical
quality control.
Account
A listing or statement of fiscal, corporate, or project cost data.
Accountability
Being answerable for results.
Accountability Matrix
A structure that relates the project organization structure to the work
breakdown structure to help ensure that each element of the project's
scope of work is assigned to a responsible individual. Same as Responsibility
Assignment Matrix.
Accounting
See Project Accounting.
Accounts
In project accounting, a set of cost statements that display the current
status of the project and future status upon completion.
Accrual Accounting
A system of accounting in which expenses are recognized when incurred,
and revenues are recognized when they are known, regardless of the time
when actual payment of cash is made or received.
Accrued Cost
A cost that is incurred all at once at a certain time in a project or
gradually, for instance, over the entire time a task is being worked on.
Accuracy
A degree of exactness, usually expressed as a range when used in connection
with cost and time estimates.
Acquisition
The obtaining under contract of supplies and services to meet the needs
of a project.
Acquisition Control
A system for acquiring project equipment, material and services in a uniform
and orderly fashion.
Acquisition Evaluation
Review and analysis of responses to determine supplier's ability to perform
the work as requested. This activity may include an evaluation of supplier's
financial resources, ability to comply with technical criteria and delivery
schedules, satisfactory record of performance and eligibility for award.
Acquisition Methods
The various ways by which goods or services are acquired from suppliers.
Acquisition Negotiations
Contracting without formal advertising. This method offers flexible procedures,
permits bargaining and provides an opportunity to prospective suppliers
to revise their offers before the award.
Acquisition Plan
The document that describes the approach for acquisition. It defines competitive
or sole source, schedule, funding, manpower, facilities, risk, etc.
Acquisition Planning
The process by which the efforts of all personnel responsible for an acquisition
are coordinated and integrated through a comprehensive plan for fulfilling
the organization's need in a timely manner and at a reasonable cost. It
includes developing the overall strategy for managing the acquisition.
Acquisition Process
The process of acquiring personnel/goods/services for new or existing
work within the general definitions of contracts requiring an offer and
acceptance, consideration, lawful subject matter and competent parties.
Action Item
Something agreed to be done as a result of a discussion at a meeting and
usually recorded in the minutes of that meeting.
Action Plan
A description of what needs to be done, when and by whom.
Activity
An element of work performed during the course of a project. An activity
normally has an expected duration, an expected cost, and expected resource
requirements. Activities are often subdivided into tasks.
Activity Calendar
In computer scheduling, the calendar that defines the working and non-working
patterns for an activity. The Activity Calendar is normally overridden
by the Project Calendar.
Activity Code
A set of numeric or alpha-numeric characters that uniquely identifies
a particular activity. Typically developed by numbering the activities
and tasks in the WBS. See also Activity ID.
Activity Definition
Identifying the specific activities that must be performed to produce
the various project deliverables.
Activity Description
A short phrase or label used in a project network diagram. The activity
description normally describes the scope of work of the activity.
Activity Duration
The best estimate of the time necessary for the accomplishment of the
work involved in an activity, considering the nature of the work and resources
needed for it.
Activity File
A file containing all data related to the definition of activities on
a particular project.
Activity ID
A unique code identifying each activity in a project. See also Activity
Code.
Activity List
List of project activities.
Activity on Arrow ("AOA")
A network diagram showing sequence of activities, in which each activity
is represented by an arrow, with a circle representing a node or event
at each end. See also Arrow Diagramming Method.
Activity on Node ("AON")
A network where activities are represented by a box or a node linked by
dependencies. See also Precedence Diagram Method.
Activity Properties
A description of the attributes of the activity such as start and finish
times, resources required and anticipated cost, etc.
Activity Status
The state of completion of an activity. A planned activity has not yet
started. A started activity is in progress. A finished activity is complete.
Actual
Information that shows what has actually occurred. For example, the actual
start date for a task is the day on which the task actually started, and
its actual cost is the amount spent up to the present.
Actual Cost of Work Performed ("ACWP")
Total costs incurred (direct and indirect) in accomplishing work during
a given time period. ACWP is used in the earned value method of progress
measurement. See also earned value analysis.
Actual Costs
The costs actually incurred and recorded for work performed. Sometimes
referred to as Actuals.
Actual Dates
The dates that activities really started and finished as opposed to planned
or projected dates.
Actual Direct Costs
Those costs specifically identified with a contract or project, based
upon the contractor's cost identification and accumulation system. See
also Direct Costs.
Actual Expenditures
See Actual Costs.
Actual Finish
Date on which an activity was completed.
Actual Finish Date ("AF")
The calendar date that work actually ended on an activity. It must be
prior to or equal to the data date. The remaining duration of this activity
is zero.
Actual Start Date ("AS")
The date work actually started on an activity.
ACWP
See Actual Cost of Work Performed
Added Value
The addition of some worthwhile quality or performance improvement as
a result of some action taken, which may or may not have been part of
the original understanding, agreement or contract.
ADM
See Arrow Diagram Method
Administrative Closure
Generating, gathering, and disseminating information to formalize phase
or project completion.
Administrative Change
A unilateral contract modification, in writing, that does not affect the
substantive rights of the parties (e.g., a change in the billing office).
ADP
See Automated Data Processing
ADR
See Alternative Dispute Resolution
AF
See Actual Finish Date
Agency
A legal relationship by which one party is empowered to act on behalf
of another party.
Agenda
A list of things to be done or discussed, typically at a meeting.
Aggregation
Summation of parts. Typically used in reference to estimating.
Agreement, Legal
A legal document that sets out the terms of a contract between two parties.
ALAP
See As-Late-As-Possible
Algorithm
A type of mathematical model used for running calculations, typically
computerized. For example, different project management scheduling software
programs use different Algorithms for calculating Resource Leveling.
Allocated Baseline
Requirements allocated to lower level system elements that are controlled
by formal change control.
Allocation
The process of allocating work on a task to specific resources. See also
Resource Allocation.
Allowable Cost
A cost that meets the tests of:
- Reasonableness
- Relevance to the contract
- Accounting in accordance with standards promulgated by the Cost Accounting Standards Board, if applicable; otherwise, generally accepted accounting principles and practices appropriate to the particular circumstances
- The terms of the contract
Alternate Resource
A resource that may be substituted in a task if the requested resource
is not available.
Alternatives Analysis
Breaking down a complex scope situation for the purpose of generating
and evaluating different solutions and approaches.
Alternative Dispute Resolution ("ADR")
Any procedure or combination of procedures voluntarily used to resolve
issues in controversy without the need to resort to litigation. These
procedures may include, but are not limited to, assisted settlement negotiations,
conciliation, facilitation, mediation, fact-finding, mini-trials, and
arbitration.
Alternatives
Review of the means available and the impact of trade-offs to attain the
objectives.
AMR
See Advanced Material Release
Analysis
The study and examination of something complex and separation into its
more simple components. Analysis typically includes discovering not only
what are the parts of the thing being studied, but also how they fit together
and why they are arranged in this particular way. A study of schedule
variances for cause, impact, and corrective action.
Analogous Cost Estimating
An estimating method which determines the rough cost of a project by comparing
it with an older, similar project for which actual costs are available.
A variety of top-down estimating that is typically used in the early planning
stages before a more accuate, bottoms-up approach can be generated.
Anticipated Award Cost
The most probable contract price at time of tender and award. It forms
part of the forecast to complete.
AOA
See Activity on Arrow
AON
See Activity on Node
AOQ
See Average Outgoing Quality
APMA
See Area of Project Management Application
Apparent Low Bidder
The contractor who has submitted the lowest compliant bid for all or part
of a project as described in a set of bid documents.
Application
An act of putting to use (new techniques): an act of applying techniques.
Application Area
A category of projects that have common elements not present in all projects.
Application areas are usually defined in terms of either the product of
the project (i.e., by similar technologies or industry sectors) or the
type of customer (e.g., internal vs. external, government vs. commercial,
etc.).
Application Programmers
Those programmers responsible for the development of computer programs
that perform a specific function.
Apportioned Effort
Effort that is not itself readily divisible into short-span work packages
but which is related and proportional to measured effort in other work
packages. Project management overhead as an example.
Apportioned Task
A task that is dependent on or related to the performance of another task.
Appraisal
An impartial evaluation of information concerning a system, service or
product to determine either its value or its measure of effectiveness
and efficiency for purposes of making recommendations.
Appropriation
An allocation of funds to a project by the owner or sponsor after the
project has been approved to proceed.
Approval
A process for sanctioning a proposed course of action, often following
some form of review.
Approval to Proceed
Approval by an authorizing committee or person at a project's initiation
or prior to the beginning of the next stage.
Approve
To accept as satisfactory. Approval implies that the thing approved has
the endorsement of the approving agency-, however, the approval may still
require confirmation by somebody else. In management use, the important
distinction is between approve and authorize.
Persons who approve something are willing to accept it as satisfactory
for their purposes, but this decision is not final. Approval may be by
several persons. The person who authorizes has final organization authority.
This authorization is final approval.
Approved Bidders List
A list of contractors that have been pre-qualified for < purposes of submitting
competitive bids
Approved Changes
Changes that have been approved by higher authority.
APR
See Acquisition Plan Review
AQL
See Acceptable Quality Level
Arbitrary
Something done without apparent logic.
Arbitration
A formalized system for dealing with grievances and administering corrective
justice as part of collective bargaining agreements.
Architecture
The design and interconnection of the main components of a system.
Archive
A repository for infrequently used or historic records.
Area of Project Management Application ("APMA")
The environment in which a project takes place, with its own particular
nomenclature and accepted practices e.g. facilities, products or systems
development projects (to name a few.)
Arrow
The graphic presentation of an activity. See also arrow diagramming method.
Arrow
The graphic presentation of an activity. The tail (see I-Node) of the
arrow represents the start of the activity. The head (see J- Node) of
the arrow represents the finish. Unless a time scale is used, the length
of the arrow stem has no relation to the duration of the activity. Length
and direction of the activity are usually a matter of convenience and
clarity.
Arrow Diagramming Method
A network diagramming technique in which activities are represented by
arrows. The tail of the arrow represents the start and the head represents
the finish of the activity (the length of the arrow does not represent
the expected duration of the activity). Activities are connected at points
called nodes (usually drawn as small circles) to illustrate the sequence
in which the activities are expected to be performed. See also precedence
diagramming method.
AS
See Actual Start Date
As-built Design
The documentation that describes the ultimate "As-built" configuration
to provide for future replication. It includes design changes implemented
for manufacturing improvements and integration and verification corrective
actions. The "As-built" baseline becomes the " Build-to" baseline for
new builds. In construction, "As-built" drawings are referred to as the
"record" drawings.
As-Built Schedule
The final project schedule which depicts actual Completion (Finish) dates,
actual duration dates and start dates.
ALAP
See As Late As Possible
As Late As Possible
An activity for which the project scheduler sets the start dates as late
as possible without delaying the early dates of any successor.
As-Needed
Delivery or consumption of resources or information just as and when required.
As-of Date
The date that a piece of information, such as a status report, is reporting
up to.
As-Performed Schedule
The final project schedule which depicts actual completion (finish) dates,
actual durations, and start dates.
ASAP
See As Soon As Possible
As Soon As Possible
An activity for which the project scheduler sets the start date to be
as soon as possible. This is the default activity type in most project
management tools.
Assembly
A functional unit designed and managed as an entity. Examples include
electronic boxes, mechanical assemblies, and software components.
Assessment
A determination of value, usually in dollar terms, of an asset, situation
or condition that requires some action.
Assumptions
Factors that, for planning purposes, are considered to be true, real,
or certain. Assumptions affect all aspects of project planning, and are
part of the progressive elaboration of the project. Project teams frequently
identify, document, and validate assumptions as part of their planning
process. Assumptions generally involve a degree of risk.
Assumptions Analysis
A technique to explores the assumptions' accuracy and identifies risks
to the project from inaccuracy, inconsistency, or incompleteness of assumptions.
Assurance
To examine with the intent to verify.
Assurance Program
See Quality Assurance Program.
ATP
See Acceptance Test Procedure
Attribute
A characteristic or property of a requirement.
Attrition
The loss of a resource due to causes beyond the control of the project
manager.
Audit
A planned and documented activity performed by qualified personnel to
determine by investigation, examination, or evaluation of objective evidence,
the adequacy and compliance with established procedures, or applicable
documents, and the effectiveness of implementation.
• Examples of areas that may
be the subject of an audit include an organization's financial situation,
an individual's finances, or an organization's operations, projects, or
programs. An audit may assess the adequacy of internal controls, operational
efficiency, compliance with laws, regulations, established policies and
procedures, and the status and quality of a project/program.
Authority
The power to make and enforce a decision.
Authorization
See Approval
Authorize
To give final approval. A person who can authorize something is vested
with authority to give final endorsement which requires no further approval
Authorized Unpriced Work
The effort for which contract cost adjustments has not been agreed to,
but for which authorization to proceed has been granted.
Authorized Work
An effort that has been approved by higher authority and may or may not
be definitive.
Automated Data Processing ("ADP")
The application of electronic equipment, especially computers, to manage,
manipulate, display, and store data.
Automatic Test Equipment
Equipment built to perform a test or sequence of tests. If built in, it
is referred to as BITE (Built In Test Equipment).
AUW
See Authorized Unpriced Work
Availability
Capable of being used. Usually refers to resources and/or funding.
Average Outgoing Quality ("AOQ")
The average quality of outgoing product including all accepted lots, plus
all rejected lots after the rejected lots have been effectively 100 percent
inspected and all defectives replaced by non-defectives.
Average Outgoing Quality Limit ("AOQL")
The maximum of the average outgoing qualities for all possible incoming
qualities for a given sampling plan.
Average Sample Size Curve
The curves that show the average sample sizes which may be expected to
occur under the various sampling plans for a given process quality.
Avoidance
Keeping away from. Typically used as a risk reduction strategy by adopting
a workaround.
Award
The notification to a bidder of acceptance of a bid.
Award Fee
A contract fee provision used to motivate a contractor to respond to issues
that are assigned and measured periodically. The contract specifies award
fee periods, usually six to nine months long. The award fee criteria are
negotiated prior to the start of the award fee period, providing the buyer
flexibility to change the incentive emphasis as the project evolves. The
determination is made unilaterally by the buyer and is not subject to
the legal disputes clause provisions.
Award Letter
A letter sent in response to an offer that accepts that offer.
Full dictionary founds on http://www.projectauditors.com/Dictionary/DictionaryHome.html

 
 




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