| Glossary of Project
Management |
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| Activity |
| Task(s) of the project that consums time while
people equipment either work or wait |
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activity-on-the-arrow
PND
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| This sophisticated approach stems from the 1950s, when the
original concept was called the activity-on-the-arrow (AOA) method. The origin
of the arrow is the “begin activity” sign, and the end of the arrow is the “end
activity” sign |
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activity-on-the-node PND
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A network diagramming method that allows the project manager
to map relationships between activities. With the AON method, the focus is on
the activities rather than on the start and end of activities.
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actual costs (AC)
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Actual costs are used in Earned Value Management and
represent the actual cost of the work performed.
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| administrative
closure
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This is when the customer or project sponsor documents and
accepts the project results. Administrative closure is also needed if a project
is terminated.
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| analogous
estimating
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| This relies on historical information to predict estimates
for current projects. Analogous estimating is also known as top-down estimating
and is a form of expert judgment |
| As Late As
Possible (ALAP) constraints
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When you specify a task as ALAP, Microsoft Project will
schedule the task to occur as late as possible without delaying dependent
tasks. This is the default for all new tasks when scheduling tasks from the end
date. This constraint is flexible.
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| As Soon As
Possible (ASAP) constraints
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When you specify a task as ASAP, Microsoft Project will
schedule the task to occur as soon as it can. This is the default for all new
tasks when assigning tasks from the start date. This constraint is flexible.
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| assumptions
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Beliefs considered to be true, real, or certain for the sake
of planning.
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| avoidance |
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This is one response to a risk event. The risk is avoided by
planning a different technique to remove the risk from the project.
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| Apportionment method |
| Costs allocated to a specific segment of a project by
using a percent of planned total cost- for example framing a house might use 25
% of the total cost. or coding a teaching module 40 percent of total cost. |
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