Glossary
Glossary
accept (risk response)
A risk response that means that the organization takes the chance that the risk will occur, with full impact on objectives if it does.
acceptance
The formal act of acknowledging that the project has met agreed acceptance criteria and thereby met the requirements of its stakeholders.
acceptance criteria
A prioritized list of criteria that the project product must meet before the customer will accept it (i.e. measurable definitions of the attributes required for the set of products to be acceptable to key stakeholders).
accountable
Personally answerable for an activity in a PRINCE2 project. Accountability cannot be delegated, unlike responsibility.
activity
A process, function or task that occurs over ...
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