Guide_PMM_Glossary

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							                                                                                      SAP
                         Project Glossary of Terms                                    Field
                                                                                    Services


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A
Acceptance             The act of taking custody based on satisfactory verification.
Acceptance Criteria    The requirements and conditions that must be met for acceptance of the
                       deliverables.
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        Detailed step-by-step instructions for the set-up, operation, and evaluation of
Procedure (ATP)        tests. The procedure includes the approach to sampling and statistical quality
                       control.
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.
Acquisition            The obtaining under contract of supplies and services to meet the needs of a
                       project.
Acquisition Plan       The document that describes the approach for acquisition. It defines competitive
                       or sole source, schedule, funding, manpower, facilities, risk, etc. Also called the
                       System Acquisition Plan.
Activity               An element of work performed during the course of a project. An activity
                       normally has an expected duration, expected cost, and expected resource
                       requirements. Activities are often subdivided into tasks.
Activity Definition    Identifying the specific activities that must be performed in order to produce the
                       various project deliverables.
Activity Description   A short phrase or label used in a project network diagram. The activity
(AD)                   description normally describes the scope of work of the activity.
Activity Duration      Estimating the number of work periods which will be needed to complete
Estimating             individual activities.
Activity-On-Arrow      See arrow diagramming method.
(AOA)
Activity-On-Node       See precedence diagramming method.
(AON)
Activity Sequencing    Identifying and documenting dependencies among schedule activities
Actual Cost (AC)       Total costs incurred that must relate to whatever cost was budgeted within the
                       planned value and earned value (which can sometimes be direct labor hours
                       alone, direct costs alone, or all costs including indirect costs) in accomplishing
                       work during a given time period. See also earned value.



 SAP AG 2005                                                                            31-May-05
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Actual Cost of Work   This term has been replaced with the term actual cost.
Performed (ACWP)
Actual Finish Date    The point in time that work actually ended on an activity. (Note: in some
(AF)                  application areas, the activity is considered "finished" when work is
                      "substantially complete.")
Actual Start Date     The point in time that work actually started on an activity.
(AS)
Administrative        Generating, gathering, and disseminating information to formalize phase or
Closure               project completion.
Analogous             An estimating technique that compares a project or activity to a similar previous
Estimating            project or activity.
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). Application areas often
                      overlap.
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 is an example. Also see Discrete Effort
Apportioned Task      A task that is dependent on or related to the performance of another task.
Arrow                 The graphic presentation of an activity. See also arrow diagramming method.
Arrow Diagramming     A network diagramming technique in which activities are represented by arrows.
Method (ADM)          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-of Date            See data date.
Assumptions           Assumptions are 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           A technique that explores the assumptions' accuracy and identifies risks to the
analysis              project from inaccuracy, inconsistency or incompleteness of assumptions.
Award                 The assignment of work under Contract.
Award Fee             A contract fee provision used to motivate a contractor to respond to issues that
                      are assigned and measured periodically and subjectively. 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.


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 SAP AG 2005                                                                          31-May-05
May 2005 Release                                        982cba55-c365-4545-83df-ece3b0e104b5.doc
B
Backward Pass         The calculation of late finish dates and late start dates for the uncompleted
                      portions of all network activities. Determined by working backwards through the
                      network logic from the project's end date. The end date may be calculated in a
                      forward pass or set by the customer or sponsor. See also network analysis.
Bar Chart             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.
Baseline              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).
Baseline Finish Date See scheduled finish date.
Baseline Start Date   See scheduled start date.
Bottom Up Cost        The preparation of detailed estimates for every task in the work breakdown
Estimating            structure and summing them up to provide a total project cost estimate or cost
                      plan.
Brainstorming         A general creativity technique that can be used to identify ideas, risks, or
                      solutions to issues using a group of team members or subject-matter experts.
                      Typically, a brainstorming session is structured so that each participant's ideas
                      are recorded for later analysis.
Budget                The planned cost for an activity or project.
Budget At             The estimated total cost of the project when done.
Completion (BAC)
Budget Estimate       See estimate.
Budgeted Cost of      This term has been replaced with the term earned value.
Work Performed
(BCWP)
Budgeted Cost of      This term has been replaced with the term planned value.
Work Scheduled
(BCWS)
Buffer                See reserve.
Business Case         A document used to justify the commitment of resources to a project.


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C
Calendar              The calendar used in developing a project plan. This calendar identifies project
                      work days, and can be altered so weekends, holidays, weather days, etc., are
                      not included.
Calendar Unit         The smallest unit of time used in scheduling the project. Calendar units are


 SAP AG 2005                                                                          31-May-05
May 2005 Release                                        982cba55-c365-4545-83df-ece3b0e104b5.doc
                       generally in hours, days, or weeks, but can also be in shifts or even in minutes.
                       Used primarily in relation to project management software.
Capital Asset          Tangible property, including durable goods, equipment, buildings, installations,
                       and land.
Capital Cost           The total expenditure for acquiring an asset. The sum of all moneys spent on a
                       project and transferred to the capital account of an organization, usually upon
                       completion.
Change Control         The process of accepting or rejecting changes to the project's baselines. Lack
                       of change control is one of the most common causes of scope creep.
Change Control         A formally constituted group of stakeholders responsible for approving or
Board (CCB)            rejecting changes to the project baselines.
Change Order           A unilateral written order to a contractor to modify a contractual requirement
                       within the scope of contract and consistent with the terms of that contract.
Chart of Accounts      Any numbering system used to monitor project costs by category (e.g., labor,
                       supplies, and materials). The project chart of accounts is usually based upon
                       the corporate chart of accounts of the primary performing organization. See also
                       code of accounts.
Charter                See project charter.
Checklist              A listing of many possible risks that might occur on a project. It is used as tool in
                       the risk identification process. Checklists are comprehensive, listing several
                       types of risk that have been encountered on prior projects.
Code of Accounts       Any numbering system used to uniquely identify each element of the work
                       breakdown structure. See also chart of accounts.
Committed Costs        Costs that will still be incurred even if the project is terminated.
Communications         Determining the information and communications needs of the project
Planning               stakeholders: who needs what information, when they will need it, and how it
                       will be given to them.
Component              A constituent part, an element.
Configuration          The process to:
Management
                              Define the evolving baselines of the project
                              Control changes to the approved baselines
                              Record and communicate the change and change status


Conflict               Two or more parties having differing interests or perspectives that require
                       resolution to achieve project goals.
Conflict Management Handling of conflicts between project participants or groups in order to create
                    optimal project results.
Conflict Resolution    To seek a solution to a problem, five methods in particular have been proven
                       through confrontation, compromise, smoothing, forcing and withdrawal.
Constraint             Applicable restriction that will affect the performance of the project. Any factor
                       that affects when an activity can be scheduled.
Contingencies          See reserve and contingency planning.
Contingency            See reserve.
Allowance
Contingency            The development of a management plan that identifies alternative strategies to
Planning               be used to ensure project success if specified risk events occur.


 SAP AG 2005                                                                            31-May-05
May 2005 Release                                          982cba55-c365-4545-83df-ece3b0e104b5.doc
Contingency Reserve The amount of money or time needed above the estimate to reduce the risk of
                    overruns of project objectives to a level acceptable to the organization.
Contract              A contract is a mutually binding agreement which obligates the seller to provide
                      the specified product and obligates the buyer to pay for it. Contracts generally
                      fall into one of three broad categories:

                             Fixed price or lump sum contracts - This category of contract
                              involves a fixed total price for a well-defined product. Fixed price
                              contracts may also include incentives for meeting or exceeding selected
                              project objectives such as schedule targets.
                             Cost reimbursable contracts - This category of contract involves
                              payment (reimbursement) to the contractor for its actual costs. Costs
                              are usually classified as direct costs (costs incurred directly by the
                              project, such as wages for members of the project team) and indirect
                              costs (costs allocated to the project by the performing organization as a
                              cost of doing business, such as salaries for corporate executives).
                              Indirect costs are usually calculated as a percentage of direct costs.
                              Cost reimbursable contracts often include incentives for meeting or
                              exceeding selected project objectives such as schedule targets or total
                              cost.
                             Time and material contracts-time and material contracts are a hybrid
                              type of contractual arrangement that contain aspects of both cost
                              reimbursable and fixed-price-type arrangements. Time and material
                              contracts resemble cost-type arrangements in that they are open
                              ended, because the full value of the arrangement is not defined at the
                              time of the award. Thus, time and material contracts can grow in
                              contract value as if they were cost-reimbursable-type arrangements.
                              Conversely, time and material arrangements can also resemble fixed-
                              unit arrangements when, for example, the unit rates are preset by the
                              buyer and seller as when both parties agree on the rates for the
                              category of "senior engineers."

Contract              Managing the contract and relationship between the seller and the buyer.
Administration
Contract Close-out    Completion and settlement of the contract, including resolution of all outstanding
                      items.
Control               The process of comparing actual performance with planned performance,
                      analyzing variances, evaluating possible alternatives, and taking appropriate
                      corrective action as needed.
Control Account Plan Previously called a Cost Account Plan. The CAP is a management control point
(CAP)                where the integration of scope and budget and schedule takes place, and where
                     the measurement of performance will happen. CAPs are placed at selected
                     management points of the work breakdown structure.
Control Charts        Control charts are a graphic display of the results, over time and against
                      established control limits, of a process. They are used to determine if the
                      process is "in control" or in need of adjustment.
Control Gate          A major project milestone at which the project sponsor has the opportunity at
                      the end of one phase of exercising a ‘go/no-go’ decision on the continuation of
                      the project into the succeeding phase.
Corrective Action     Changes made to bring expected future performance of the project into line with
                      the plan.



 SAP AG 2005                                                                         31-May-05
May 2005 Release                                       982cba55-c365-4545-83df-ece3b0e104b5.doc
Cost                   The monetary value of a project activity, composed of labor, materials, and
                       other direct and indirect elements.
Cost Budgeting         Allocating the cost estimates to individual work activities.
Cost Control           Controlling changes to the project budget.
Cost Estimating        Developing an approximation (estimate) of the cost of the resources needed to
                       complete project activities.
Cost of Quality        The costs incurred to ensure quality. The cost of quality includes quality
                       planning, quality control, quality assurance, and rework.
Cost Performance       The cost efficiency ratio of earned value to actual costs. CPI is often used to
Index (CPI)            predict the magnitude of a possible cost overrun using the following formula:
                       BAC/SPI = projected cost at completion. CPI = EV divided by AC.
Cost Plus Fixed Fee    A type of contract where the buyer reimburses the seller for the seller's
(CPFF) Contract        allowable costs (allowable costs are defined by the contract) plus a fixed
                       amount of profit (fee).
Cost Plus Incentive    A type of contract where the buyer reimburses the seller for the seller's
Fee (CPIF) Contract    allowable costs (allowable costs are defined by the contract), and the seller
                       earns its profit if it meets defined performance criteria.
Cost Variance (CV)         1. Any difference between the estimated cost of an activity and the actual
                               cost of that activity.
                           2. In earned value, Earned Value less Actual Cost = CV where a positive
                               number is a favorable situation and a negative number is an
                               unfavorable position.

Crashing               Taking action to decrease the total project duration after analyzing a number of
                       alternatives to determine how to get the maximum duration compression for the
                       least cost, including reducing activity duration and assigning additional
                       resources. Also see Fast Tracking.
Critical Activity      Any activity on a critical path. Most commonly determined by using the critical
                       path method. Although some activities are "critical" in the dictionary sense
                       without being on the critical path, this meaning is seldom used in the project
                       context.
Critical Chain         A scheduling technique that modified the schedule to account for limited
Method                 resources.
Critical Path          The series of activities that determines the duration of the project. In a
                       deterministic model, the critical path is usually defined as those activities with
                       float less than or equal to a specified value, often zero, It is the longest path
                       through the project. See critical path method.
Critical Path Method   A network analysis technique used to predict project duration by analyzing
(CPM)                  which sequence of activities (which path) has the least amount of scheduling
                       flexibility (the least amount of float). Early dates are calculated by means of a
                       forward pass using a specified start date. Late dates are calculated by means of
                       a backward pass starting from a specified completion date (usually the forward
                       pass's calculated project early finish date).
Current Finish Date    The current estimate of the point in time when an activity will be completed.
Current Start Date     The current estimate of the point in time when an activity will begin.
Customers              The individuals or organizations requesting the project's product or service. The
                       clients are not necessarily the users of the project's product or service.




 SAP AG 2005                                                                           31-May-05
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D
Data Date (DD)         The date at which, or up to which, the project's reporting system has provided
                       actual status and accomplishments. Also called as-of-date.
Decision Tree          The decision tree is a diagram that describes a decision under consideration
Analysis               and the implications of choosing one or another of the available alternatives. It
                       Incorporates probabilities or risks and the s\costs or rewards of each logical
                       path of events and future decisions.
Decomposition          The technique of dividing the scope and deliverables into smaller, more
                       manageable components to allow for effective execution, monitoring, and
                       controlling of the project.
Definitive Estimate    See estimate.
Deliverable            Any measurable, tangible, verifiable outcome, result, or item that must be
                       produced to complete a project or part of a project. Often used more narrowly in
                       reference to an external deliverable, which is a deliverable that is subject to
                       approval by the project sponsor or customer.

                       Any item that must be produced to complete a project or part of a project.
                       Deliverables are required to the process. Examples include Project Charter and
                       Project Plan
Delphi Technique       A process where a consensus view is reached by consultation with experts.
                       Often used as an estimating technique.
Dependency             See logical relationship.
Direct Project Costs   The costs directly attributable to a project, including all personnel, goods and/or
                       services together with all their associated costs, but not including indirect project
                       costs, such as any overhead and office costs incurred in support of the project.
Discrete Effort        An effort that is distinct and related to a specific deliverable of element of the
                       work breakdown structure. Also see apportioned effort.
Dummy Activity         An activity of zero duration used to show a logical relationship in the arrow
                       diagramming method. Dummy activities are used when logical relationships
                       cannot be completely or correctly described with regular activity arrows.
                       Dummies are shown graphically as a dashed line headed by an arrow.
Duration (DU)          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.
Duration               Shortening the project schedule without reducing the project scope. Duration
Compression            compression is not always possible and often requires an increase in project
                       cost.


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 SAP AG 2005                                                                           31-May-05
May 2005 Release                                         982cba55-c365-4545-83df-ece3b0e104b5.doc
E
Early Finish Date      In the critical path method, the earliest possible point in time on which the
(EF)                   uncompleted portions of an activity (or the project) can finish based on the
                       network logic and any schedule constraints. Early finish dates can change as
                       the project progresses and changes are made to the project plan.
Early Start Date (ES) In the critical path method, the earliest possible point in time on which the
                      uncompleted portions of an activity (or the project) can start, based on the
                      network logic and any schedule constraints. Early start dates can change as the
                      project progresses and changes are made to the project plan.
Earned Value (EV)      The physical work accomplished plus the authorized budget for this work The
                       sum of the approved cost estimates (May include overheard allocation) for
                       activities (or portions of activities) completed during a given period (Usually
                       project-to-date). Previously called the budgeted cost of work performed (BCWP)
                       for an activity or group of activities.
Earned Value           A method for integrating scope, schedule, and resources, and for measuring
Management (EVM)       project performance. It compares the amount of work that was planned with
                       what was actually earned with what was actually spent to determine if cost and
                       schedule performance are as planned.
Effort                 The number of labor units required to complete an activity or other project
                       element. Usually expressed as staff hours, staff days, or staff weeks. Should not
                       be confused with duration.
Element                One of the parts, substances, or principles hat make up a compound or complex
                       whole.
Estimate               An assessment of the likely quantitative result. Usually applied to project costs
                       and durations and should always include some indication of accuracy (e.g., ± x
                       percent). Usually used with a modifier (e.g., preliminary, conceptual, feasibility).
                       Some application areas have specific modifiers that imply particular accuracy
                       ranges (e.g., order-of-magnitude estimate, budget estimate, and definitive
                       estimate in engineering and construction projects).
Estimate At            The expected total cost of an activity, a group of activities, or of the project
Completion (EAC)       when the defined scope of work has been completed. Most techniques for
                       forecasting EAC include some adjustment of the original cost estimate based on
                       project performance to date.
Estimate To            The expected additional cost needed to complete an activity, a group of
Complete (ETC)         activities, or the project. Most techniques for forecasting ETC include some
                       adjustment to the original estimate based on project performance to date. Also
                       called "estimated to complete." See also earned value and estimate at
                       completion.
Event                  An event is an identifiable single point in time on a project.
Event-on-Node          A network diagramming technique in which events are represented by boxes (or
                       nodes) connected by arrows to show the sequence in which the events are to
                       occur. Used in the original Program Evaluation and Review Technique.
Exception Report       Document that includes only major variations from plan (rather than all
                       variations).


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F
Fast Tracking           Compressing the project schedule by overlapping activities that would normally
                        be done in sequence, such as design and construction.
Finish Date             A point in time associated with an activity's completion. Usually qualified by one
                        of the following: actual, planned, estimated, scheduled, early, late, baseline,
                        target or current.
Finish-to-Finish (FF)   See logical relationship.
Finish-to-Start (FS)    See logical relationship.
Firm Fixed Price        A type of contract where the buyer pays the seller a set amount (as defined by
(FFP) Contract          the contract) regardless of the seller's costs.
Fixed Price Contract See firm fixed price contract.
Fixed Price Incentive A type of contract where the buyer pays the seller a set amount (as defined by
Fee (FPIF) Contract the contract), and the seller can earn an additional amount if it meets defined
                      performance criteria
Float                   The amount of time that an activity may be delayed from its early start without
                        delaying the project finish date. Float is a mathematical calculation and can
                        change as the project progresses and changes are made to the project plan.
                        Also called slack, total float, and path float. See also free float.
Forecast                Estimates on the project’s future based on information and knowledge available
                        at the time of the forecast. See Estimate at Completion and Estimate to
                        Completion.
Forecast Final Cost     See estimate at completion.
 Forward Pass           The calculation of the early start and early finish dates for the uncompleted
                        portions of all network activities. See also network analysis and backward pass.


Free Float (FF)         The amount of time an activity can be delayed without delaying the early start of
                        any immediately following activities. See also float.
Functional Manager      A manager responsible for activities in a specialized department or function
                        (e.g., engineering, manufacturing, marketing).
Functional              An organization structure in which staff are grouped hierarchically by specialty
Organization            (e.g., production, marketing, engineering, and accounting at the top level; with
                        engineering, further divided into mechanical, electrical, and others).
Functional Team
Funding                 The status of internal fund allocation, or allocation by an external agency, if
                        applicable, to enable payment for the performance of the project scope. The
                        status of internal or external monies available for performing the work.


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 SAP AG 2005                                                                           31-May-05
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G
Gantt Chart             See bar chart.
Grade                   A category or rank used to distinguish items that have the same functional use
                        (e.g., "hammer") but do not share the same requirements for quality (e.g.,
                        different hammers may need to withstand different amounts of force).
Graphical Evaluation A network analysis technique that allows for conditional and probabilistic
and Review           treatment of logical relationships (i.e., some activities may not be performed).
Technique (GERT)
Guideline               Formal documents describing how to perform specific activities and/or tasks.
                        Examples include developing a risk management approach and project
                        scheduling guidelines.


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H
Hammock                 An aggregate or summary activity (a group of related activities is shown as one
                        and reported at a summary level). A hammock may or may not have an internal
                        sequence. See also subproject and subnet.
Hanger                  An unintended break in a network path. Hangers are usually caused by missing
                        activities or missing logical relationships.


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I
Imposed Finish          A finish date imposed on an activity by external constraints.
Imposed Start           A start date imposed on an activity by external constraints. May lead to
                        hypercritical paths and negative float.
Information             Making needed information available to project stakeholders in a timely manner.
Distribution
Initiation              Authorizing the project or phase.
In Progress             An activity that has been started, but not yet completed.
Indirect Cost           Resources expended which are not directly identified to any specific contract,
                        project, product or service, such as Overhead and G&A.
Integrated Change       Coordinating changes across the entire project.
Control
Integrated              See earned value.
Cost/Schedule


 SAP AG 2005                                                                           31-May-05
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Reporting
Issue                   A question, dispute, or matter not resolved and under discussion. An issue can
                        be a point of disagreement on an aspect of the project.


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K
Key Event Schedule      See master schedule.
Key Performance         Those project management indicators that:
Indicators
                                Are determined at the beginning of the project
                                Reflect directly on the key objectives [goals] of the project
                                Provide the basis for project management trade-off decisions during the
                                 course of the project.

                        And at completion of the project these KPIs:

                                Will be the most relevant measures to confirm the acceptability of the
                                 project and its product by the project's stakeholders as being
                                 "successful"
                                Can be measured in some way, at some time, on some scale.



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L
Lag                     A modification of a logical relationship which directs a delay in the successor
                        task. For example, in a finish-to-start dependency with a 10-day lag, the
                        successor activity cannot start until 10 days after the predecessor has finished.
                        See also lead.
Late Finish Date (LF) In the critical path method, the latest possible point in time that an activity may
                      be completed without delaying a specified milestone (usually the project finish
                      date).
Late Start Date (LS)    In the critical path method, the latest possible point in time that an activity may
                        begin without delaying a specified milestone (usually the project finish date).
Lead                    A modification of a logical relationship which allows an acceleration of the
                        successor task. For example, in a finish-to-start dependency with a 10-day lead,
                        the successor activity can start 10 days before the predecessor has finished.
                        See also lag.
Lessons Learned         The learning gained from the process of performing the project. Lessons
                        learned may be identified at any point. Also considered a project record.


 SAP AG 2005                                                                            31-May-05
May 2005 Release                                          982cba55-c365-4545-83df-ece3b0e104b5.doc
Level of Effort (LOE) Support-type activity (e.g., vendor or customer liaison) that does not readily lend
                      itself to measurement of discrete accomplishment. It is generally characterized
                      by a uniform rate of activity over a specific period of time determined by the
                      activities it supports.
Leveling                See resource leveling.
Life-cycle Costing      The concept of including acquisition, operating, and disposal costs when
                        evaluating various alternatives.
Link                    See logical relationship.
Liquidated Damages A stipulation in a contract of a monetary amount that must be paid by the
                   contractor if the contractor fails to deliver supplies or perform services as
                   specified in the contract or any subsequent modification. Payments are in lieu of
                   actual damages related to the failure.
Logic                   See network logic.
Logic Diagram           See project network diagram.
Logical Relationship A dependency between two project activities, or between a project activity and a
                     milestone. See also precedence relationship. The four possible types of logical
                     relationships are:

                               Finish-to-start-the initiation of work of the successor depends upon the
                                completion of work of the predecessor.
                               Finish-to-finish-the completion of the work of the successor cannot
                                finish until the completion of work of the predecessor.
                               Start-to-start-the initiation of work of the successor depends upon the
                                initiation of the work of the predecessor.
                               Start-to-finish-the completion of the successor is dependent upon the
                                initiation of the predecessor.


Loop                    A network path that passes the same node twice. Loops cannot be analyzed
                        using traditional network analysis techniques such as critical path method and
                        program evaluation and review technique.


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M
Management by           The issue of management reports to responsible managers only when action is
Exception               called for. This helps the manager to avoid wading through voluminous reports
                        where progress is going according to plan. However, the system may require
                        subjective judgment by someone who is not as well placed to do so as the
                        manager himself. Exception reports tend to be harbingers of bad news without
                        the good news and hence seen as detrimental rather than beneficial.
Management Styles       The project manager may adopt several different management styles, according
                        to circumstances, in the process of leadership and team motivation. These
                        include:

                               Authoritarian: Lets individuals know what is expected of them, gives


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                               specific guidance as to what should be done, makes his part of the
                               group understood, schedules work to be done, and asks group
                               members to follow standard rules and regulations.
                              Combative: A project manager that is marked by an eagerness to fight
                               or be disagreeable over any given situation.
                              Conciliatory: A project manager that is friendly and agreeable; one that
                               attempts to assemble and unite all project parties involved to provide a
                               compatible working team.
                              Disruptive: A project manager that tends to break apart the unity of a
                               group, one that tends to be an agitator and causes disorder on a
                               project.
                              Ethical: A project manager that is honest, sincere, able to motivate and
                               to press for the best and fairest solution, one generally goes "by the
                               books."
                              Facilitating: The project manager is available to answer questions and
                               give guidance when needed; he does not interfere with day to day
                               tasks, but rather maintains that status quo.
                              Intimidating: A project manager that frequently reprimands employees
                               for the sake of an image as a "tough guy," at the risk of lowering
                               department morale.
                              Judicial: A project manager that exercises the use of sound judgment or
                               is characterized by applying sound judgment to most areas of the
                               project.
                              Promotional: Encourages subordinates to realize their full potential,
                               cultivates a team spirit and lets subordinates know that good work will
                               be rewarded.
                              Secretive: A project manager that is not open or outgoing in speech
                               activity, or purpose much to the detriment of the overall project.


Master Schedule        A summary-level schedule which identifies the major activities and key
                       milestones. See also milestone schedule.
Mathematical           See network analysis.
Analysis
Matrix Organization    Any organizational structure in which the project manager shares responsibility
                       with the functional managers for assigning priorities and for directing the work of
                       individuals assigned to the project.
Milestone              A significant event in the project, usually completion of a major deliverable.
Milestone Schedule     A summary-level schedule, which identifies the major milestones. See also
                       master schedule.
Mission Statement      Brief summary, approximately one or two sentences, that sums up the
                       background, purposes and benefits of the project.
Mitigation             See risk mitigation.
Monitoring             The capture, analysis, and reporting of project performance, usually as
                       compared to plan.
Monte Carlo Analysis A technique that performs a project simulation many times to calculated a
                     distribution of likely results. See simulation.


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N
Near-Critical Activity An activity that has low total float.
Negative Float           The amount of time by which the early date of an activity exceeds its late date.
Network                  See project network diagram.
Network Analysis         The process of identifying early and late start and finish dates for the
                         uncompleted portions of project activities. See also Critical Path Method,
                         Program Evaluation and Review Technique, and Graphical Evaluation and
                         Review Technique.
Network Logic            The collection of activity dependencies that make up a project network diagram.
Network Path             Any continuous series of connected activities in a project network diagram.
Node                     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.
Not Earlier Than         A restriction on an activity that indicates that it may not start or end earlier than
                         a specified date.
Not Later Than           A restriction on an activity that indicates that it may not start or end later than a
                         specified date.


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O
Objective                Something toward which project work is directed, such as a result, product or
                         service. An objective should be SMART (specific, measurable, attainable,
                         realistic, and time-bound).
Order of Magnitude       See estimate.
Estimate
Organizational      A depiction of the project organization arranged so as to relate work packages
Breakdown Structure to organizational units.
(OBS)
Organizational           Identifying, documenting, and assigning project roles, responsibilities, and
Planning                 reporting relationships.
Overhead                 Costs incurred in the operation of a business which cannot be directly related to
                         the individual products or services being produced. See also Indirect Cost.
Overlap                  See lead.


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P
Parallel Activities   Two or more activities than can be done at the same time. This allows a project
                      to be completed faster than if the activities were arranged serially in a straight
                      line.
Parametric            An estimating technique that uses a statistical relationship between historical
Estimating            data and other variables (e.g., square footage in construction, lines of code in
                      software development) to calculate an estimate.
Pareto Diagram        A histogram, ordered by frequency of occurrence that shows how many results
                      were generated by each identified cause.
Path                  A set of sequentially connected activities in a project network diagram.
Path Convergence      The node in the schedule where parallel paths merge or join. At that node,
                      delays or elongation or any converging path can delay the project. In
                      quantitative risk analysis of a schedule, significant risk may occur at this point.
Path Float            See float.
Percent Complete      An estimate, expressed as a percent, of the amount of work which has been
(PC)                  completed on an activity or group of activities.
Performance           An approved plan against which deviations are compared for management
Measurement           control.
Baseline
Performance           Collecting and disseminating performance information. This includes status
Reporting             reporting progress measurement and forecasting.
Performing            The enterprise whose employees are most directly involved in doing the work of
Organization          the project.
PERT Chart            The term is commonly used to refer to a project network diagram. See program
                      evaluation and review technique for the traditional definition of PERT.
Phase                 See project phase.
Planned Finish Date   See scheduled finish date.
(PF)
Planned Start Date    See scheduled start date.
(PS)
Planned Value (PV)    The physical work scheduled, plus the authorized budget to accomplish the
                      scheduled work. Previously, this was called the budgeted costs for work
                      scheduled(BCWS).
Planning Package      A logical group of work within a cost account, that is identified and budgeted in
                      early baseline planning but is not yet subdivided into work packages.
Portfolio             A group of projects or other items that are being worked on at the same time or
                      have been completed and are used as an indicator of ability.
Portfolio             The management of a number of projects that do not share a common
Management            objective. For example, the responsibility of an operations manager of a
                      company managing several different projects for different client.

                      The selection and review of a set of projects and programs to meet business
                      and organizational goals.
Positive Float        The amount of time that an activity's start can be delayed without affecting the
                      project completion date. An activity with positive float is not on the critical path


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                       and is called a non-critical activity.
Precedence         A network diagramming technique in which activities are represented by boxes
Diagramming Method (or nodes). Activities are linked by precedence relationships to show the
(PDM)              sequence in which the activities are to be performed.
Precedence             The term used in the precedence diagramming method for a logical relationship.
Relationship           In current usage, however, precedence relationship, logical relationship, and
                       dependency are widely used interchangeably regardless of the diagramming
                       method in use.
Predecessor Activity    1. In the arrow diagramming method, the activity which enters a node.

                        2. In the precedence diagramming method, the "from" activity.
Preventive Action      An activity, that when completed, reduces the probability of a negative impact
                       from a project risk.
Price                  Cost plus any fee or profit applicable to the contract type. The amount paid for a
                       supply or service.
Probability and        A common way to determine whether a risk is considered low, moderate, or
Impact Matrix          high by combining the two dimensions of a risk, its probability of occurrence,
                       and its impact on objectives if it occurs.
Procurement            Determining what to procure and when.
Planning
Procurement            A macro view of the manner or approach to securing the necessary resources
Strategy               for carrying out the work of the project. Procurement strategy should be
                       established early on in the project planning phase, since procurement strategy
                       decisions will affect the design of the work breakdown structure. Procurement
                       strategy may range from completing all of the work in-house, or a single
                       complete contract to a number of separate trade contracts under the direction of
                       a coordinating (e.g. construction) manager.
Product Scope          The features and functions that characterize a product or service.
Program                A group of related projects managed in a coordinated way. Programs usually
                       include an element of ongoing work.
Program Evaluation     An event-oriented network analysis technique used to estimate project duration
and Review             when there is uncertainty in the individual activity duration estimates. PERT
Technique (PERT)       applies the critical path method using durations that are computed by a
                       weighted average of optimistic, pessimistic, and most likely duration estimates.
                       ERT computes the standard deviation of the completion date from those of the
                       path's activity durations. Also known as the Method of Moments Analysis.
Program                The management of a related series of projects executed over a broad period of
Management             time, and which are designed to accomplish broad goals, to which the individual
                       projects contribute.
Program Manager        The program manager is responsible for managing a group of related projects.

Progressive            The technique of adding more details to the plan as more information becomes
Elaboration            known. Also see Rolling Wave Planning.
Progress Payment       Interim payment for delivered work in accordance with contract terms generally
                       tied to meeting specified performance milestones.
Project                A temporary endeavor undertaken to create a unique product or service, or
                       result.
Project Charter        A document issued by senior management that provides the project manager


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                       with the authority to apply organizational resources to project activities.
Project                A subset of project management that includes the processes required to ensure
Communications         proper collection and dissemination of project information. It consists of
Management             communications planning, information distribution, performance reporting, and
                       administrative closure.
Project Cost           A subset of project management that includes the processes required to ensure
Management             that the project is completed within the approved budget. It consists of resource
                       planning, cost estimating, cost budgeting, and cost control.
Project Execution      Carrying out the project management plan by performing the activities included
                       therein.
Project Human          A subset of project management that includes the processes required to make
Resource               the most effective use of the people involved with the project. It consists of
Management             organizational planning, staff acquisition, and team development.
Project Integration    A subset of project management that includes the processes required to ensure
Management             that the various elements of the project are properly coordinated. It consists of
                       project plan development, project plan execution, and overall change control.
Project Life Cycle     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.
Project Management The application of knowledge, skills, tools, and techniques to project activities to
                   meet the project requirements.
Project Management An inclusive term that describes the sum of knowledge within the profession of
Body of Knowledge project management. As with other professions such as law, medicine, and
        ®
(PMBOK )           accounting, the body of knowledge rests with the practitioners and academics
                   that apply and advance it. The PMBOK includes proven, traditional practices
                   which are widely applied as well as innovative and advanced ones which have
                   seen more limited use.
Project Management A formal, approved document used to guide project execution, monitoring and
Plan               controlling. The primary uses of the project management plan are to document
                   planning assumptions and decisions, to facilitate communication among
                   stakeholders, and to document approved scope, cost, and schedule baselines.
                   A project management plan may be summary or detailed.
Project Management An individual certified as such by the Project Management Institute.
Professional (PMP)
Project Management A class of computer applications specifically designed to aid with planning and
Software           controlling project costs and schedules.
Project Management The members of the project team who are directly involved in project
Team               management activities. On some smaller projects, the project management
                   team may include virtually all of the project team members.
Project Manager (PM) The individual responsible for managing a project. The project manager,
                     identified in either the Initiating or Planning Process, is responsible for
                     coordinating day-to-day activities and resource management for the project.
Project Network        Any schematic display of the logical relationships of project activities. Always
Diagram                drawn from left to right to reflect project chronology. Often incorrectly referred to
                       as a "PERT chart."
Project Management      Needs definition
Office (PMO)
Project Phase          A collection of logically related project activities, usually culminating in the
                       completion of a major deliverable.


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Project Management Taking the results of other planning processes and putting them into a
Plan Development   consistent, coherent document.


Project Planning      The development and maintenance of the project management plan.
Project Procurement A subset of project management that includes the processes required to acquire
Management          goods and services from outside the performing organization. It consists of
                    procurement planning, solicitation planning, solicitation, source selection,
                    contract administration, and contract close-out.
Project Quality       A subset of project management that includes the processes required to ensure
Management            that the project will satisfy the needs for which it was undertaken. It consists of
                      quality planning, quality assurance, and quality control.
Project Risk          Risk management is the systematic process of identifying analyzing, and
Management            responding to project risk. It includes maximizing the probability and
                      consequences of positive events and minimizing the probability and
                      consequences of events adverse to project objectives. It includes the processes
                      of risk management planning, risk identification, qualitative risk analysis,
                      quantitative risk analysis, risk response planning, and risk monitoring and
                      control.
Project Schedule      The planned dates for performing activities and the planned dates for meeting
                      milestones.
Project Scope         The work that must be done to deliver a product with the specific features and
                      functions.
Project Scope         A subset of project management that includes the processes required to ensure
Management            that the project includes all of the work required, and only the work required, to
                      complete the project successfully. It consists of initiation, scope planning, scope
                      definition, scope verification, and scope change control.
Project Sponsor        See Sponsor
Project Stakeholders See Stakeholders
Project Team          Individuals or groups who are assigned to and working on the project. The team
                      may be further defined as core team and extended team, where core team
                      refers to members that are engaged on a more frequent basis.
Project Team          The people who report either directly or indirectly to the project manager.
Members
Project Time          A subset of project management that includes the processes required to ensure
Management            timely completion of the project. It consists of activity definition, activity
                      sequencing, activity duration estimating, schedule development, and schedule
                      control.
Projectized           Any organizational structure in which the project manager has full authority to
Organization          assign priorities and to direct the work of individuals assigned to the project.
Purchase Order        A standard document used to obtain supplies and non-personnel services when
                      the total amount is relatively small. The issue of a Purchase Order creates a
                      contractual commitment.


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Q
Qualitative Risk       Performing a qualitative analysis of risks and conditions to prioritize their effects
Analysis               on project objectives. It involves assessing the probability and impact of project
                       risk(s) and using methods such as the probability and impact matrix to classify
                       risks into categories of high, moderate, and low for prioritized risk response
                       planning.
Quality Assurance          1. Quality Assurance is responsible for evaluating overall project
(QA)                            performance on a regular basis to provide confidence that the project
                                will satisfy the relevant quality standards.
                           2.   The process of evaluating overall project performance on a regular
                                basis to provide confidence that the project will satisfy the relevant
                                quality standards.
                           3.   The organizational unit that is assigned responsibility for quality
                                assurance.


Quality Control (QC)       1. Quality Control is responsible for monitoring specific project results to
                              determine if they comply with relevant quality standards and identifying
                              ways to eliminate causes of unsatisfactory performance. In projects
                              associated with the development of products and systems, Quality
                              Control is typically associated with testing.
                           2. The process of monitoring specific project results to determine if they
                              comply with relevant quality standards and identifying ways to eliminate
                              causes of unsatisfactory performance.
                           3. The organizational unit that is assigned responsibility for quality control.


Quality Planning       Identifying which quality standards are relevant to the project and determining
                       how to satisfy them.
Quantitative Risk      Measuring the probability and consequences of risks and estimating their
Analysis               implications for project objectives. Risks are characterized by probability
                       distributions of possible outcomes. This process uses quantitative techniques
                       such as simulation and decision tree analysis.


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R
Remaining Duration     The time needed to complete an activity.
(RDU)
Request for Proposal A type of bid document used to solicit proposals from prospective sellers of
(RFP)                products or services. In some application areas it may have a narrower or more
                     specific meaning.
Request for            Generally, this term is equivalent to request for proposal. However, in some
Quotation (RFQ)        application areas it may have a narrower or more specific meaning.
Requirement            A condition or capability that the system must have to met needs of customers


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                        or stakeholders.
Reserve                 A provision in the project plan to mitigate cost and/or schedule risk. Often used
                        with a modifier (e.g., management reserve, contingency reserve) to provide
                        further detail on what types of risk are meant to be mitigated. The specific
                        meaning of the modified term varies by application area.
Residual Risk           A Risk that remains after risk responses have been implemented.
Resource                Project input (time, money, labor, machinery, etc.)
Resource Allocation     The assignment of resources to tasks in a project.
Resource Availability The extent to which resources are available to meet the project's needs.
Resource Calendar       A calendar that defines the working and non-working patterns for specific
                        resources.
Resource Code           The code used to identify a given resource type.
Resource Histogram A view of project data in which resource requirements, usage, and availabilities
                   are shown against a time scale.
Resource Leveling       Any form of network analysis in which scheduling decisions (start and finish
                        dates) are driven by resource management concerns (e.g., limited resource
                        availability or difficult-to-manage changes in resource levels).
Resource Planning       Determining what resources (people, equipment, and materials) are needed in
                        what quantities to perform project activities.
Resource Pool           A group of people who can generally do the same work, so that they can be
                        chosen randomly for assignment to a project.
Resource                The requirement for a particular resource by a particular activity.
Requirement
Resource Smoothing The process of rescheduling activities such that the requirement for resources
                   on the project do not exceed resource limits. In smoothing, as opposed to
                   resource leveling, the project completion date may not be delayed. Activities
                   may only be delayed within their float.
Resource Thresholds In resource-limited scheduling it is possible to specify that a particular resource
                    may be exceeded, if necessary, by an amount not to exceed the specified
                    threshold for that resource.
Resource-Limited        A project schedule whose start and finish dates reflect expected resource
Schedule                availability. The final project schedule should always be resource-limited.
Responsibility          A structure which relates the project organization structure to the work
Assignment Matrix       breakdown structure to help ensure that each element of the project's scope of
(RAM)                   work is assigned to a responsible individual.
Responsibility Chart See responsibility assignment matrix.
Responsibility Matrix See responsibility assignment matrix.
Restraint               An externally imposed factor affecting when an activity can be scheduled. The
                        external factor may be labor, cost, equipment, or other such resource
Retainage               A portion of a contract payment that is held until contract completion in order to
                        ensure full performance of the contract terms.
Rework                  Action taken to bring a defective or nonconforming item into compliance with
                        requirements or specification.
Risk                    An uncertain event or condition that, if it occurs, has a positive or negative effect
                        on a project's objectives.
Risk Acceptance         This technique of the risk response planning process indicates that the project


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                      team has decided not to change the project plan to deal with a risk, or is unable
                      to identify any other suitable response strategy.
Risk Avoidance        Risk avoidance I changing the project plan to eliminate the risk or to protect the
                      project objectives from its impact. It is a tool of the risk response planning
                      process.
Risk Category         A source of potential risk reflecting technical, project management,
                      organizational, or external sources.
Risk Database         A repository that provides for collection, maintenance, and analysis of data
                      gathered and used in the risk management processes. lessons-learned program
                      uses a risk database. This is an output of the risk monitoring and control
                      process.
Risk Event            A discrete occurrence that may affect the project for better or worse.
Risk Identification   Determining which risk might affect the project and documenting their
                      characteristics. Tools used include brainstorming and checklists.
Risk Management       Documents how the risk processes will be carried out during the project. This is
Plan                  the output of risk management planning.
Risk Management       Deciding how to approach and plan risk management activities for a project.
Planning
Risk Mitigation       Risk mitigation seeks to reduce the probability and/or impact of a risk to below
                      an acceptable threshold.
Risk Monitoring and   Monitoring residual risks, identifying new risks, executing risk reduction plans,
Control               and evaluating their effectiveness throughout the project life cycle.
Risk Register         A document detailing all identified risks, including description, cause, probability
                      of occurring, impact(s) on objectives, proposed responses, owners, and current
                      status.
Risk Response Plan    See Risk Register
Risk Response         Developing procedures and techniques to enhance opportunities and reduce
Planning              threats to the project's objectives. The tools include avoidance, mitigation,
                      transference, and acceptance.
Risk Transference     Risk transference is seeking to shift the impact of a risk to a third party together
                      with ownership of the response.
Rolling Wave          Cost and schedule planning where details are developed for the near term and
Planning              general allocations are made for the out periods. Detail is developed for the out
                      periods as information becomes available to do so.
Rough Order of        Estimated cost based on approximate cost models or expert analysis. It is
Magnitude Estimate    usually based on top level requirements or specifications, and an overall
(ROM)                 prediction of work to be done to satisfy the requirements. The ROM is usually
                      used for financial planning purposes only.


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S
Schedule              See project schedule.
Schedule Analysis     See network analysis.


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Schedule               See duration compression.
Compression
Schedule Control       Controlling changes to the project schedule.
Schedule               Analyzing activity sequences, activity durations, and resource requirements to
Development            create the project schedule.
Schedule               The schedule efficiency ratio of earned value accomplished against the planned
Performance Index      value. The SPI describes what portion of the planned schedule was actually
(SPI)                  accomplished. The SPI = EV divided by PV.
Schedule Variance          1. Any difference between the scheduled completion of an activity and the
                                actual completion of that activity.
                           2.   In earned value, Earned Value less Planned Value = SV where a
                                positive number is a favorable situation and a negative number is an
                                unfavorable position.


Scheduled Finish       The point in time work was scheduled to finish on an activity. The scheduled
Date (SF)              finish date is normally within the range of dates delimited by the early finish date
                       and the late finish date. It may reflect leveling of scarce resources.
Scheduled Start Date The point in time work was scheduled to start on an activity. The scheduled start
(SS)                 date is normally within the range of dates delimited by the early start date and
                     the late start date. It may reflect leveling of scarce resources.
Scope                  The sum of the products and services to be provided as a project.
Scope Baseline         See baseline.
Scope Change           Any change to the project scope. A scope change almost always requires an
                       adjustment to the project cost or schedule.
Scope Change           Controlling changes to project scope.
Control
Scope Creep            A progressive increase in scope. As some projects progress, especially through
                       development, requirements continuously change incrementally, causing the
                       user or developer to add to the project mission or objectives, i.e. with more work
                       involved, and consequent increases in the time and budget required.
Scope Definition       Subdividing the major deliverables into smaller, more manageable components
                       to provide better control.
Scope Planning         The process of progressively elaborating the work of the project, which includes
                       developing a written scope statement that includes the project justification, the
                       major deliverables, and the project objectives.
Scope Statement        The scope statement provides a documented basis for making future project
                       decisions and for confirming or developing common understanding of project
                       scope among the stakeholders. As the project progresses, the scope statement
                       may need to be revised or refined to reflect approved changes to the scope of
                       the project.
Scope Verification     Formalizing acceptance of the project scope.
S-Curve                Graphic display of cumulative costs, labor hours, or other quantities, plotted
                       against time. The name derives from the S-like shape of the curve (flatter at the
                       beginning and end, steeper in the middle) produced on a project that starts
                       slowly, accelerates, and then tails off. Also a term for the cumulative likelihood
                       distribution that is a result of a simulation, a tool of quantitative risk analysis.
Secondary Risk         A risk that arises as a direct result of implementing a risk response.
Seller                 The provider of goods or services to an organization.


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Senior Management      The senior management team is comprised of senior members from the
Team                   organization that is performing the project work. The senior management team
                       has project decision making authority. The senior management team is
                       represented by (...) and has funding approval authority. Also, there may be
                       specific roles and responsibilities for certain members of the senior
                       management team (e.g., IT controller).
Simulation             A simulation uses a project model that translates the uncertainties specified at a
                       detailed level into their potential impact on objectives that are expressed at the
                       level of the total project. Project simulations use computer models and
                       estimates of risk at a detailed level, and are typically performed using the Monte
                       Carlo technique.
Slack                  Term used in arrow diagramming method for float.
Slippage               The amount of time a task has been delayed from its original baseline plan. The
                       slippage is the difference between the scheduled start or finish date for a task
                       and the baseline start or finish date. Slippage can occur when a baseline plan is
                       set and the actual dates subsequently entered for tasks are later than the
                       baseline dates or the actual durations are longer than the baseline plan
                       durations.
Software               Software configuration management is a key process in managing software
Configuration          development, operation, maintenance, and enhancement. Without SCM,
Management (SCM)       considerable time and effort would be required to control the products of SDLC
                       projects or systems in production.
Solicitation           Quotations, bids, offers, or proposals as appropriate.
Obtaining
Solicitation Planning Documenting product requirements and identifying potential sources.
Source Selection       Choosing from among potential sellers.
Specification          The document that prescribes the requirements with which the product or
                       services has to conform.
Sponsor                The person or group that provides the financial resources for a project.
Staff Acquisition      Getting the human resources needed assigned to and working on the project.
Stakeholder            Individuals and organizations who are actively involved in the project, or whose
                       interests may be positively or negatively affected as a result of project execution
                       or project completion. They may also exert influence over the project and its
                       results
Stakeholder            Those products, functionality, benefits, etc. resulting from the project that
Expectations           stakeholders look forward to with some degree of certainty, rightly or wrongly.
                       Discrepancies between stakeholder needs, specified requirements,
                       expectations and actual results can be a significant source of dissatisfaction
                       with final project results. Hence the importance of good stakeholder
                       communication throughout the project.
Start Date             A point in time associated with an activity's start, usually qualified by one of the
                       following: actual, planned, estimated, scheduled, early, late, target, baseline, or
                       current.
Start-to-Finish        See logical relationship.
Start-to-Start         See logical relationship.
Statement of Work      A narrative description of products or services to be supplied under contract.
(SOW)
Status                 The comparison of actual progress against the plan to determine variance and
                       corrective action.

 SAP AG 2005                                                                           31-May-05
May 2005 Release                                         982cba55-c365-4545-83df-ece3b0e104b5.doc
Status Report        A written reports given to both the project team and to a responsible person on
                     a regular basis stating the position of an activity, work package, or whole
                     project. Status Reports should be used to control the project and to keep
                     management informed of project status.
Steering Committee    A group composed of senior management that provides oversight to the
                     project.
Stop Work Order      Request for interim stoppage of work due to non-conformance, or funding or
                     technical limitations.
Subject Matter       The SME is an individual or organization who provides specialized support and
Expert (SME)         consultation to the project team.
Subnet               A subdivision of a project network diagram usually representing some form of
                     subproject.
Sub-network          See subnet.
Subproject           A smaller portion of the overall project.
Successor Activity       1. In the arrow diagramming method, the activity which departs a node.
                         2. In the precedence diagramming method, the "to" activity.



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T
Target Completion    An imposed date which constrains or otherwise modifies the network analysis.
Date (TC)
Target Finish Date   The date that work is planned (targeted) to finish on an activity.
(TF)
Target Schedule      See baseline.
Target Start Date    The date that work is planned (targeted) to start on an activity.
(TS)
Task                 A generic term for work that is not included in the work breakdown structure, but
                     potentially could be a further decomposition of work by the individuals
                     responsible for that work. Also, lowest level of effort on a project.
Team Development     Developing individual and group skills to enhance project performance.
Team Members         See project team members.
Technical            Technical performance measurement compares technical accomplishments
Performance          during project execution to the project plan's schedule of technical achievement.
Measurement
Technical Shared     Technical Shared Services provide consultation and support related to
Services (O&T)       infrastructure areas. Consultation and support include infrastructure
                     assessments, defining, purchasing, testing and deploying infrastructure
                     components, and on-going infrastructure support. The infrastructure
                     components include LAN, WAN, servers, routers, gateways, network software,
                     etc.
Template             Structure that serves as a model for other to follow. Templates can be applied to


 SAP AG 2005                                                                         31-May-05
May 2005 Release                                       982cba55-c365-4545-83df-ece3b0e104b5.doc
                         deliverables and tool. For example, there will be templates for a Project Charter
                         and a Change Control Log.
Test Lead                The Test Lead develops the test plan, manages the testing process, activities,
                         and testing personnel and maintains the test documentation. For larger projects
                         the Test Lead should be from a test organization or from an organizational unit
                         separate from the actual Development Team.
Test Team                The Test Team is responsible for testing the product, system, or application.
                         The Test Team along with the Test Lead, manage the verification and validation
                         of the developed solution.
Time Now                 The current calendar date from which a network analysis, report, or update is
                         being made.
Time-Limited             The production of scheduled dates in which resource constraints may be
Scheduling               relaxed in order to avoid any delay in project completion.
Time-Phased Budget The sum of budgets time-phased in accordance with the baseline schedule.
                   When summed at selected higher level elements of the Work Breakdown
                   Structure, this should include both direct and indirect budgets.
Time-Scaled Network Any project network diagram drawn in such a way that the positioning and
Diagram             length of the activity represents its duration. Essentially, it is a bar chart that
                    includes network logic.
Tool                     Any item used to help in creating deliverables or completing the project. Tools
                         are typically optional. Examples include Change control Log and Meeting
                         Agenda Template.
Top Down Cost            The preparation of a cost estimate by using judgment and experience to arrive
Estimating               at an overall total amount, usually done by an experienced estimator or
                         manager making a subjective comparison of the project with similar previous
                         projects.
Total Float (TF)         See float.
Total Quality            A common approach to implementing a quality improvement program within an
Management (TQM)         organization.
Transference             See risk transference.
Trending                 A review of current progress compared to last reported progress which, when
                         displayed graphically, shows whether a course correction is necessary to
                         achieve the baseline plan
Triggers                 Triggers, sometimes called risk symptoms or warning signs, are indications that
                         a risk has occurred or is about to occur. Triggers may be discovered in the risk
                         identification process and watched in the risk monitoring and control process.
 Triple Constraint       A framework for evaluating demands on a project, represented by a triangle with
                         scope, schedule, and cost as the three parameters.


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U
User                     Individuals or groups who will use the software system and/or application.




 SAP AG 2005                                                                            31-May-05
May 2005 Release                                          982cba55-c365-4545-83df-ece3b0e104b5.doc
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V
Validation             As in Project Validation, the process of providing evidence that a system meets
                       the needs of the user, i.e. "Are we building the ‘Right Thing’?"
Value Engineering      Value engineering is a creative approach used to optimize life-cycle cost, save
(VE)                   time, increase profits, improve quality, expand market share, solve problems,
                       and/or use resources more effectively.
Variance               The difference between the baseline and scheduled task or resource
                       information. Variances occur when you set a baseline plan and begin entering
                       actual information into your schedule or cost spreadsheet.
Variance Threshold     The amount of a variance which will require a formal problem analysis report, as
                       agreed to by the contractor and the customer. Variance parameters will differ
                       depending on the function, level and stage of the project.


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W
Work Breakdown         A deliverable-oriented grouping of project elements which organizes and
Structure (WBS)        defines the total scope of the project. Each descending level represents an
                       increasingly detailed definition of project deliverables.
Work Breakdown         A document that captures additional information to support the WBS, including
Structure Dictionary   descriptions, dates, resource requirements, and cost estimates.
Work Item              Term no longer is common usage. Synonymous with activity - see activity.
Workaround             A response to a negative risk event. Distinguished from contingency plan in that
                       a workaround is not planned in advance of the occurrence of the risk event.


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 SAP AG 2005                                                                         31-May-05
May 2005 Release                                       982cba55-c365-4545-83df-ece3b0e104b5.doc

						
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