- parametric estimating
Parametric estimating is a quantitatively based estimating method that multiplies the quantity of work by the rate.
- Pareto charts
Pareto charts are a tool and technique of the Perform Quality Control process. They rank-order the most important factors, such as delays, costs, or defects, by their frequency over time and are displayed as histograms.
- passive acceptance
Passive acceptance means that plans will not be made to avoid, transfer, or mitigate a negative risk, nor will plans be made to share, exploit, or enhance a positive risk. The consequences of the risk event are accepted should the risk event occur.
- payback period
This is the length of time it takes a company to recover the initial cost of producing ...