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

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C/SCSC - to - Cash Flow

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Term
Definition     Editor's Choice
 
Source
C/SCSC
See Cost/Schedule Control System Criteria

  
C/SSR
See Cost/Schedule Status Report

  
CA
See Control Account

  
CAD
See Computer Aided Design

  
See Computer Aided Drafting

  
Calculate Schedule
The Critical Path Method (Calculate Schedule) is a modeling process that defines all the project's critical activities which must be completed on time. The Calc tool bar button on the Gantt and PERT (found in most GUI-based PM software) windows calculates the start and finish dates of activities in the project in two passes. The first pass calculates early start and finish dates from the earliest start date forward. The second pass calculates the late start and finish activities from the latest finish date backwards. The difference between the pairs of start and finish dates for each task is the float or slack time for the task (see Float). Slack is the amount of time a task can be delayed without delaying the project completion date. A great advantage of this method is the fine tuning that can be done to accelerate the project. Shorten various critical path activities, then check the schedule to see how it is affected by the changes. By experimenting in this manner, the optimal project schedule can be determined. [D00197]

 WST
PMST
Calculation
The art or practice of computing by numbers; a series of arithmetical processes set down in figures to arrive at a result.
Editor's Note: This process may be either rigorous and exact, or it may be on the basis of estimating. The latter is the most valuable for project management purposes. It is the distinguishing feature between project accounting for cost control purposes and financial accounting for fiscal control purposes. [D02682]

 Webster
Calendar
The calendar used in developing a project plan. This calendar identifies project work days, and can be altered so weekends, holidays, weather days, etc., are not included. [D00198]

 PMK87
The arrangement of normal working days, together with non-working days, such as holidays and vacations, as well as special workdays (overtime periods) used to determine dates on which project work will be completed. [D03712]

 PPS&C p338
See also Project Calendar. [D03806]

  
A project calendar lists time intervals in which activities or resources can or cannot be scheduled. A project usually has one default calendar for the normal workweek (Monday through Friday for example), but may have other calendars as well. Each calendar can be customized with its own holidays and extra work days. Resources and activities can be attached to any of the calendars that are defined. [D04390]

 APM
Calendar File
A file containing calendar information for one or more calendars. [D00199]

 WST
Calendar Range
The span of the calendar from the calendar start date through the last calendar unit performed. The calendar start date is unit number one. [D00200]

 PMK87
Calendar Start Date
The first calendar unit of the working calendar. [D00201]

 PMK87
Calendar Unit
The smallest unit of time used in scheduling the project. Calendar units are generally in hours, days, or weeks, but can also be shifts or even minutes. Used primarily in relation to project management software. [D00202]

 PMK96
The smallest unit of the calendar produced. This unit is generally in hours, days, or weeks, can also be grouped in shifts. [D00203]

 PMK87
Calendar, Software
A software project calendar lists time intervals in which activities or resources can or cannot be scheduled. A project usually has one default calendar for the normal work week (Monday through Friday for example), but may have other calendars as well. Each calendar can be customized with its own holidays and extra work days. Resources and activities can be attached to any of the calendars that are defined. [D00204]

 WST
PMST
Calibration
Comparison of two instruments or measuring devices, one of which is a standard of known accuracy traceable to national standards, to detect, correlate, report, or eliminate by adjustment any discrepancy in accuracy or the instrument or measuring device being compared with the standard. [D00205]

 USDoD
QMPP
CAM
See Computer Aided Manufacturing

  
See Control Account Manager

  
See Cost Account Manager

  
CAP
See Control Account Plan

  
See Cost Account Plan

  
Capability
The ability to perform effectively, efficiently and with the necessary skills. [D02438]

 RMW
Having the needed attributes to perform or accomplish. [D05165]

 SA-CMM
Capability Maturity Model ("CMM")
A description of the stages through which organizations evolve as they define, implement, measure, control, and improve their processes. The model provides a guide for selecting process improvement strategies by facilitating the determination of current process capabilities and the identification of the issues most critical to quality and process improvement. [D05166]

 SA-CMM
Capability Survey
A buyer survey of a seller's capability without specific regard to any project. [D04014]

 CSM
Capital
The assets of an enterprise including property, real estate and cash. See also Working Capital. [D02439]

 RMW
Capital Appropriation
A setting aside of funds for some approved expenditure, typically by an owner for all or part of a project. [D02442]

 RMW
Capital Appropriation Request ("CAR")
A submission that must be prepared to obtain an appropriation of funds for feasibility or implementation phase costs. Once granted, the appropriation becomes the feasibility budget or project budget, and commitments may be made by designated persons associated with the project, within the limits of their authority. [D00206]

 CCCP
Capital Asset
Tangible property, including durable goods, equipment, buildings, installations, and land. [D03464]

 GAT
Capital Cost
The total expenditure for acquiring an asset. The sum of all moneys spent on a project and transferred to the capital account of an organization, usually upon completion. [D02443]

 RMW
The carrying cost in a balance sheet of acquiring an asset and bringing it to the condition where it is capable of performing its intended function over a future series of periods. See also Revenue Cost. [D04391]

 APM
BS
Capital Employed
Amount of investment in an organization or project, normally the sum of fixed and current assets, less current liabilities at a particular date. [D04392]

 APM
BS
Capital Expansion Projects
Projects that expand infrastructure and involve logistics, team mobilization and major procurement. See also General Project Alignment, Strategic Projects, Product and Market-related Projects, and Operational Projects. [D04350]

 PCD
Capital Goods Project
A project in which the product of the project is a physical asset such as property, real estate or infrastructure. [D04335]

 SU
Capital Property
ContractorÍs plant, equipment, and other facilities subject to depreciation. [D03465]

 GAT
CAR
See Capital Appropriation Request

  
Cards-on-the-wall Planning
A planning technique in which team members interact to create a project strategy, tactical approach, and resulting network by locating and interconnecting task cards using walls as the work space. The wall data are transferred into a computer for scheduling, critical path analysis, and iteration. [D04015]

 CSM
Career
The experiences and activities that span a person's life. [D02444]

 PMDT
Career Path Planning
The process of integrating the individual's career planning and development into the organization's personnel plans with the objective of satisfying both the organization's requirements and the individual's career goals. [D00207]

 PMK87
Career Planning
See Career Path Planning. [D02445]

  
Carryover Type 1
A project fiscal expenditure management term. The sum of contractual commitments that must be paid in the next fiscal period arising from outstanding obligations including associated engineering and support costs. [D00208]

 PMIS
Carryover Type 2
A project fiscal expenditure management term. That portion of Planned Future Expenditures contractually committed plus associated support costs which may be paid in the next fiscal period which would extend into the next fiscal year if the planned future expenditure were authorized for implementation. [D00209]

 PMIS
Cascade Chart
Bar chart on which the vertical order of activities is such that each activity is dependent only on activities higher in the list. [D04393]

 APM
BS
CASE (1)
See Computer Aided Software Engineering

  
CASE (2)
See Computer Aided System Engineering

  
Cash
Moneys, including coin, currency, money orders, checks and similar demands. [D02446]

 PMDT
Cash Flow
The inflow and outflow of funds. A time-based record of income and expenditures, often presented graphically. [D02447]

 RMW
Cash receipts and payments in a specified period. [D04394]

 APM
BS
Definitions for page C00: 50


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