Wideman Comparative Glossary of Common Project Management Terms v3.1 is copyright by R. Max Wideman, March 2002.

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As-Performed Schedule - to - Award Letter

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Definition     Editor's Choice
As-Performed Schedule
The final project schedule which depicts actual completion (finish) dates, actual durations, and start dates. [D00105]

A functional unit designed and managed as an entity. Examples include electronic boxes, mechanical assemblies, and software components. Level 5 of the system hierarchy. [D03985]

Assembly Sequence
Two or more parts or subassemblies joined together in the correct order to form a complete unit, structure, or other element. [D02385]

A determination of value, usually in dollar terms, of an asset, situation or condition that requires some action. Most often used in connection with some form of damages or valuation for insurance, taxation, etc. [D02386]

Anything owned that has a monetary value, e.g. property, both real and personal, including notes, accounts and accrued earnings or revenues receivable and cash or its equivalent. Assets may be subdivided into current, fixed, etc. [D02441]

Property: real, i.e. physical; or intangible, i.e. knowledge, systems, or practices. [D04322]

The transfer of some power such as Authority, Responsibility, Accountability, etc. [D02387]

Associated Revenue
That part of a project cost that is of a revenue nature and therefore charged as incurred to the profit and loss account.
Note: Associated revenue differs from the capital element of the project in that the capital element is taken as an asset to the balance sheet and depreciated over future accounting periods. [D04382]

In software, a relationship that models a bi-directional semantic connection among instances. [D04805]

As-Soon-As-Possible ("ASAP")
An activity for which the application sets the early dates to be as soon as possible. This is the default activity type in most project management systems. [D00106]

There may be external circumstances or events that must occur for the project to be successful. If you believe such an event is likely to happen, then it would be an assumption. (Contrast with the definition of a risk.) If an event is within the control of the project team, such as having testing complete by a certain date, then it is not an assumption. If an event has a 100% chance of occurring, then it is not an assumption since there is no "likelihood" or risk involved. (It is just a fact). Examples of assumptions might be that "Budgets and resources will be available when needed ..." or "The new software release will be available for use by the time the Construct Phase begins". [D04910]

Statements taken for granted or truth.
Editor's Note: Beware of assumptions that are not supported by evidence or analysis. [D00107]

Assumptions List
A key part of the risk register which lists the assumptions, both explicit and implicit, on which a RAMP analysis is based. It is updated as and when previous assumptions need to be modified or new assumptions have to be made. [D04911]

To examine with the intent to verify. [D00108]

Assurance Program
See Quality Assurance Program. [D02388]

See Acceptance Test Procedure

The way a person views a situation or condition and then behaves accordingly. An important consideration in Team Building. [D02390]

An attribute defined by a class represents a named property of the class or its objects. An attribute has a type that defines the type of its instances. [D04806]

A characteristic or property which is appraised in terms of whether it does or does not exist, (e.g., go or not-go) with respect to a given requirement. [D00109]

The loss of a resource due to causes beyond the jurisdiction of the project manager such as the death or resignation of an employee, or spoilage, damage, or obsolescence of material. [D03986]

A formal inquiry into the progress, results, or some other aspect of a project or system. [D00110]

 OTOB 271-4
The systematic examination of records and documents to determine:
  1. Adequacy and effectiveness of budgeting, accounting, financial and related policies and procedures
  2. Compliance with applicable laws, regulations, policies and procedures
  3. Reliability, accuracy and completeness of financial and administrative records and reports
  4. The extent to which funds and other resources are properly protected and effectively used

A planned and documented activity performed by qualified personnel to determine by investigation, examination, or evaluation of objective evidence, the adequacy and compliance with established procedures, or applicable documents, and the effectiveness of implementation. [D00111]

Systematic retrospective examination of the whole, or part, of a project or function to measure conformance with predetermined standards.
Note:. Audit is usually qualified, for example financial audit, quality audit, design audit, project audit, health and safety audit. [D04570]

A form of Leadership in which the Leader, directs activities from a position of power and without consideration of the views of those being lead. [D02391]

Having experience or other established grounds for the giving of information or directions. [D02392]

The legitimate power given to a person in an organization to use resources to reach an objective and to exercise discipline. [D03711]

 PPS&C p338
The sum of rights and powers assigned to a position or vested in a person, often specified in his or her job description. The authority to make financial commitments is an important aspect of managing projects. [D00112]

One who is vested with power to give final endorsement, which requires no further approval. [D00113]

The power to make and enforce a decision. [D02277]

The power to assign, command, commit, and judge. [D03987]

Authority for Expenditure ("AFE")
A formal document requesting the expenditure of capital funds on a defined business objective. Authorized by senior management or participants, depending on the funding level. [D04912]

See Approval [D02393]

The decision that triggers the allocation of funding needed to carry on the project. [D04383]

To give final approval. A person who can authorize something is vested with authority to give final endorsement which requires no further approval [D00114]

Authorized Unpriced Work
The effort for which contract cost adjustments has not been agreed to, but for which authorization to proceed has been granted. [D03988]

Any scope changed for which authorization to proceed has been given, but for which the estimated costs are not yet settled. [D00115]

Authorized Work
An effort that has been approved by higher authority and may or may not be definitive. [D00116]

The effort which has been defined, plus that work for which authorization has been given, but for which defined contract costs have not been agreed upon. [D00117]

Work tasks that have been approved by management. A Project Work Authorizing Agreement (PWAA) is used to authorize in-house work; contracts and subcontracts are used to authorize work with external organizations. [D03989]

Authorized Works
Parts of a project that have been given Approval to Proceed. [D02394]

Automated Data Processing ("ADP")
The application of electronic equipment, especially computers, to manage, manipulate, display, and store data. [D03990]

Automatic Decision Event
Decision event where the decision depends only on the outcome of the preceding activities and that can be programmed or made automatic. [D04384]

Automatic Generation
Spontaneous creation. Typically applies to the generation of data by software programs, following the input of the requisite data and processing instructions. [D02395]

Automatic Test Equipment
Equipment built to perform a test or sequence of tests. ATE ranges from simple devices to verify mechanical or electrical continuity to sophisticated computerized systems with automatic sequencing, data processing, and readout. Automatic Test Equipment may be stand alone test units or may be built into the operational equipment. If built in, it is referred to as BITE (Built In Test Equipment). [D03991]

See Authorized Unpriced Work

Auxiliary Ground Equipment
System support equipment that provides power or environment normally provided by internal systems. [D03992]

Capable of being used. Usually refers to resources and/or funding [D02396]

Average Outgoing Quality ("AOQ")
The average quality of outgoing product including all accepted lots, plus all rejected lots after the rejected lots have been effectively 100 percent inspected and all defectives replaced by non-defectives. [D00118]

 MIL-STD 105
Average Outgoing Quality Limit ("AOQL")
The maximum of the average outgoing qualities for all possible incoming qualities for a given sampling plan. [D00119]

 MIL-STD 105
Average Sample Size Curve
The curves that show the average sample sizes which may be expected to occur under the various sampling plans for a given process quality [D00120]

 MIL-STD 105
Keeping away from. Typically used as a risk reduction strategy by adopting a Workaround. [D02397]

The assignment of work under Contract. [D02398]

The notification to a bidder of acceptance of a bid. [D02399]

The legally binding contracting of resources to produce required results. [D04314]

Award Fee
A contract fee provision used to motivate a contractor to respond to issues that are assigned and measured periodically and subjectively. The contract specifies award fee periods, usually six to nine months long. The award fee criteria are negotiated prior to the start of the award fee period, providing the buyer flexibility to change the incentive emphasis as the project evolves. The determination is made unilaterally by the buyer and is not subject to the legal disputes clause provisions. [D03993]

Award Letter
A letter sent in response to an offer that accepts that offer. [D00121]

Definitions for page A05: 57

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