Project Management

542 Appendix C: Project Terms and Definitions

Manage stakeholders: The process of managing communications to satisfy the require-

ments of, and resolve issues with, project stakeholders�

Master schedule: A summary-level project schedule that identies the major deliverable

and work breakdown structure components and key schedule milestones� See also mile-

stone schedule�

Material: The aggregate of things used by an organization in any undertaking, such as

equipment, apparatus, tools, machinery, gear, material, and supplies�

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 persons assigned to the project�

Methodo