Appendix 2 - Glossary
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Cost-Plus-Incentive-Fee (CPIF) Contract


criteria.
Cost-ReimbursableContract

             
exceeds selected project objectives, such as schedule targets or total cost, then the seller receives from the
buyer an incentive or bonus payment.
Cost Variance (CV)


Crashing [Technique]


schedule duration compression for the least additional cost. Typical approaches for crashing a schedule
include reducing schedule activity durations and increasing the assignment of resources on schedule

Create WBS (Work Breakdown Structure) [Process]

Criteria

result, or process can be evaluated.
Critical Activity


critical path, this meaning is seldom used in the project context.
Critical Chain Method [Technique]

Critical Path

is the longest path through the project. See also critical path methodology.
CriticalPathMethodology(CPM) [Technique]




             
calculation. See also critical path.
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Data Date


Decision Tree Analysis [Technique]
e decision tree is a diagram that describes a decision under consideration and the implications of choosing


decisions, and uses expected monetary value analysis to help the organization identify the relative values of
alternate actions. See also expected monetary value analysis.
Decomposition [Technique]
             
            
providing the deliverables is dened in sucient detail to support Executing, Monitoring, and Controlling

Defect

or specications and needs to be either repaired or replaced.
Defect Repair

either repair the defect or completely replace the component.
Dene Activities [Process]
e process of identifying the specic actions to be performed to produce the project deliverables.
Dene Scope [Process]
e process of developing a detailed description of the project and product.
Deliverable [Output/Input]
   

product and
result.
Delphi Technique [Technique]


about the important project points related to the subject. e responses are summarized and are then


on the outcome.
Dependency
See logical relationship.
D
Appendix 2 - Glossary
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DetermineBudget [Process]
         
authorized cost baseline.
Develop Human Resource Plan [Process]

relationships, and creating a stang management plan.
Develop Project Charter [Process]
e process of developing a document that formally authorizes a project or a phase and documenting initial

DevelopProjectManagementPlan [Process]
e process of documenting the actions necessary to dene, prepare, integrate, and coordinate all subsidiary
plans.
Develop Project Team [Process]
e process of improving the competencies, team interaction, and the overall team environment to enhance
project performance.
Develop Schedule [Process]
e process of analyzing sequences, durations, resource requirements, and schedule constraints to create
the project schedule.
DirectandManageProjectExecution [Process]
               
objectives.
DistributeInformation [Process]

Duration (DU or DUR)
              

eort.
Early Finish Date (EF)


schedule constraints. Early nish dates can change as the project progresses and as changes are made to the
project management plan.
Early Start Date (ES)


schedule constraints. Early start dates can change as the project progresses and as changes are made to the
project management plan.
E
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Earned Value (EV)


(BCWP).
EarnedValueManagement(EVM)

    

Earned Value Technique (EVT) [Technique]
              
measurement baseline (PMB).
Eort

duration.
Enterprise Environmental Factors [Output/Input]

or inuence the project’s success. ese factors are from any or all of the enterprises involved in the project,
and include organizational culture and structure, infrastructure, existing resources, commercial databases,

Estimate [Output/Input]
        


budget and cost.
Estimate Activity Durations [Process]

estimated resources.
Estimate Activity Resources [Process]
e process of estimating the type and quantities of material, people, equipment, or supplies required to
perform each activity.
Estimate at Completion (EAC) [Output/Input]



estimate. See also earned value technique and estimate to complete.
Estimate Costs [Process]
e process of developing an approximation of the monetary resources needed to complete project activities.
Estimate to Complete (ETC) [Output/Input]
    
structure component, or the project. See also earned value technique and estimate at completion.

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