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 ...

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