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Project Management Glossary

25 essential terms — because precise language is the foundation of clear thinking in Project Management.

Showing 25 of 25 terms

An iterative approach to project management and software development that delivers work in small increments, emphasizing collaboration and adaptability.

Related:ScrumKanban

The approved version of the project plan (scope, schedule, or cost) used as a reference point for measuring performance and managing changes.

Related:Scope BaselineChange Control

A systematic process for managing all changes to the project scope, schedule, or cost, ensuring each change is formally evaluated and approved.

Related:Change Control BoardScope Creep

The longest sequence of dependent activities that determines the shortest possible project duration.

Related:FloatPERT

Any unique and verifiable product, result, or capability produced to complete a process, phase, or project.

Related:Work Breakdown StructureMilestone

The measure of work performed expressed in terms of the budget authorized for that work. A core component of Earned Value Management.

Related:Planned ValueActual Cost

The amount of time an activity can be delayed without delaying the project completion date or violating a schedule constraint.

Related:Critical PathResource Leveling

A type of bar chart that illustrates a project schedule, showing task durations, start and end dates, dependencies, and progress.

Related:MilestoneCritical Path

A time-boxed cycle of development in which a set of features is designed, built, and tested, producing a working increment.

Related:SprintAgile

A visual workflow management method that uses boards and cards to represent work items, with explicit limits on work in progress.

Related:AgileWork in Progress

A meeting held at the start of a project or phase to align stakeholders on objectives, scope, roles, responsibilities, and communication protocols.

Related:Project CharterStakeholder

A significant point or event in the project timeline, often marking the completion of a major deliverable or decision point. Has zero duration.

Related:Gantt ChartDeliverable

The Project Management Body of Knowledge published by PMI, providing standard terminology, processes, and guidelines for project management.

Related:PMIPMP

An ordered list of all features, fixes, and technical work needed in a product, managed by the Product Owner in Scrum.

Related:Sprint BacklogScrum

A group of related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually.

Related:PortfolioProject

The process of auditing quality requirements and the results from quality control measurements to ensure appropriate quality standards are used.

Related:Quality ControlDeliverable

The process of identifying and assigning available resources (people, equipment, budget) to project activities in the most efficient manner.

Related:Resource LevelingRACI Matrix

An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives.

Related:Risk RegisterRisk Response

The sum of all products, services, and results to be provided by a project, including all the work required to deliver them.

Related:Scope CreepWork Breakdown Structure

An agile framework that uses fixed-length iterations (sprints), defined roles (Product Owner, Scrum Master, Development Team), and ceremonies to deliver increments.

Related:SprintProduct Backlog

A time-boxed period in Scrum (typically 2-4 weeks) during which a specific set of work must be completed and made ready for review.

Related:ScrumIteration

Any individual, group, or organization that can affect, be affected by, or perceive itself to be affected by a project.

Related:Stakeholder RegisterCommunication Plan

A sequential, linear project management approach where each phase must be completed before the next begins, with little room for iteration.

Related:SDLCAgile

A hierarchical decomposition of the total scope of work to be carried out by the project team to accomplish the project objectives.

Related:Work PackageScope

The lowest level of the WBS, representing a discrete piece of work that can be estimated, scheduled, monitored, and controlled.

Related:WBSDeliverable
Project Management Glossary - Key Terms & Definitions | PiqCue