Copyright
Wideman Comparative Wideman Comparative Glossary of Common Project Management Terms v5.5 is copyright © R. Max Wideman, 2000-2017.

Please feel free to point to this document. For non-profit purposes you may copy this page provided the above copyright notice is attached. For inclusion in for-profit works, please contact the author at maxw@maxwideman.com

Last updated 12-22-17

Master Glossary
G&A   - to -   Goodwill
***  prev

Term
Definition     Editor's Choice
Cat Source
G&A
See General and Administrative

N

  
See General and Administrative Costs

N

  
GAAP
See Generally Accepted Accounting Principles

N

  
Gain Sharing Arrangements
Contractual arrangements under which two or more parties share the benefits of an asset, i.e. the project deliverable. [D02805]

J
C

 RMW
Game Plan
An overall approach to achieve a major objective. [D02329]

GJN

 PPS&C p59
Gantt
See Gantt Chart [D02177]

FGJN
CHMT

  
Gantt Bar
A graphic element on a Gantt Chart representing the duration of a task. [D00752]

N

 MSP98
Gantt Chart
A chart using time lines and other symbols that illustrates multiple, time-based activities or projects on a horizontal time scale. [D00753]

FGJN
CHMT

 OTOB p271-4
A Gantt chart is a time-phased graphic display of activity durations. It is also referred to as a bar chart. Activities are listed with other tabular information on the left side with time intervals over the bars. Activity durations are shown in the form of horizontal bars. [D00751]

FGJN
CHMT

 WST
A graphic display of schedule related information. In the typical Gantt Chart, activities are listed down the left side of the chart, dates are shown across the top, and planned activity durations are shown as date-placed horizontal bars. Also called a "bar chart." [D00754]

N

 PMK96
A view that includes a list of tasks and a graphical representation of those tasks using Gantt bars. [D00755]

N

 MSP98
A graphic display of activity durations. Activities are listed with other tabular information on the left side with time intervals over the bars. Activity durations are shown in the form of horizontal bars.
Editor's Note: Also referred to as a Bar Chart. [D03598]

FGJN
CHMT

 PMST
Gantt Charts
See Bar Charts [D00756]

N

  
Gantt, Henry
The inventor of the Gantt Chart. [D00757]

N

 WST
GAP Analysis
An evaluation of the differences between what is and what could or should be. [D05367]

N

 RMW
An analysis of three views of a project's expected products, i.e. Good, Average, Poor. For example: What are we really expecting? What might we achieve if things go well? And what is the "worst-case" scenario? [D05366]

N

 PRNC2 2002
In project portfolio management, an evaluation of the differences between what is and what could or should be, e.g. the difference between the current state and future vision of an organization. It is used to assess the amount of work involved in making the change. [D06000]

N

 PPM
Gate Review
A formal end of stage, or phase, assessment where a decision is made whether or not to continue with the project. [D05368]

N

 PRNC2 2002
Gates
See Control Gate. [D02806]

N

  
Gateway Review
An independent assurance review that occurs at a key decision point within the lifecycle of a program or project. [D06001]

N

 MoR-UK
GC
See General Contractor

C

  
General Accounting System
The financial management system used to categorize and apportion fiscal matters. [D04104]

N

 CSM
General and Administrative ("G&A")
A form of indirect expenses incurred for the administration of a company, including senior executive expenses. Such expenses are spread over the total direct and burden costs for the company. [D04637]

N

 QWF
General and Administrative Costs ("G&A")
Expenses for the general management and administration of the business unit. For example, includes insurance, legal fees, bid and proposal, independent research and development, and interest expenses. [D04105]

N

 CSM
General Conditions
General definition of the legal relationships and responsibilities of the parties to a contract, and how the contract is to be administered. They are usually standard for a corporation and or project. [D00758]

JN
CHMT

 PMK87
General Contractor ("GC")
An organization that contracts with another organization or individual (the owner) for carrying out construction work. See also Prime Contractor.
Editor's Note: The labels General Contractor and Prime Contractor are virtually synonymous but are typically used for work in different industries. [D06002]

C

 SU
General Management
The overall flavor, tone, and direction provided by the senior managers and directors of an enterprise. See also Governance. [D06426]

F

 RMW
General Management Skills
Skills that are appropriate to general management as distinct from those skills that are appropriate to project management. Generally, such skills are more in depth and narrower while project management required skills cover more ground but are in less depth. [D02807]

FN

 RMW
General Manager
An executive level position responsible for integrating all projects with the corporate strategic plans. He or she has overall responsibility for a multifunctional division or an entire company. [D04602]

F

 038
General Project Alignment
Activities that are required to bridge the gap from an organization's strategic objectives to specific project objectives and which include project sponsorship, prioritization, risk management, organizational balance, and project office support. See also Strategic Projects, Product and Market-related Projects, Capital Expansion Projects, and Operational Projects. [D04347]

N

 PCD
General Provisions
The mandatory clauses (by law or regulation) for contracts of a type, sometimes called boilerplate. Unique clauses are called Special Provisions. [D04106]

N
C

 CSM
General Requirements
Non-technical specifications defining the scope of work, payments, procedures. implementation constraints, etc. pertaining to a contract, [D00759]

N
C

 PMK87
General Sequencing
An overview of the order of performing activities. [D00760]

N

 PMK87
Generalization
The reverse of specification. A taxonomic relationship between a more general element and a more specific element. The more specific element is fully consistent with the more general element and contains additional information. An instance of the more specific element may be used where the more general element is allowed. [D04837]

N
T

 RUP
Generalized Activity Network
A form of network which includes probabilistic dependencies between activities. [D03849]

N

 PNG
Generally Accepted Accounting Principles ("GAAP")
Principles established by a Financial Accounting Standards Board that provide a foundation for "acceptable" accounting practices. The GAAP represent a set of guidelines and, as a practical matter, necessitate subjectivity in their application. [D03304]

N

 RMW
Generation
Final release at the end of a cycle. [D04730]

N
T

 RUP
Geographical Separation
Conditions under which the several parts of a project team are separated geographically. [D02808]

N

 RMW
GERT
See Graphical Evaluation and Review Technique

N

  
GFE
See Government Furnished Equipment

GJ

  
Go/No-go
The opportunity to decide whether or not to proceed. Usually associated with a major program or project milestone and typically the responsibility of senior management. [D02320]

JN

 RMW
Often a type of measurement that quickly tells a reviewer if an object's dimension is within certain limits. In the case of project management, this can be any monitoring or observation that allows a manager to decide whether to change, terminate, or continue an activity or a whole project. [D00761]

JN

 OTOB p271-4
Go/No-go Decision
A major decision point in the project life span, typically marking the transition from planning to accomplishment. [D00762]

JN

 RMH
Goal
Something one wishes to accomplish. Broader, more timeless than an objective. Expressed as a desired and targeted happening. [D00764]

VFGJN

 TML p218
A specific result or purpose that is determined for a project. [D00763]

VFGJN

 MSP98
A one sentence definition of specifically what will be accomplished, while incorporating an event signifying completion. [D00765]

VFGJN

 WST
Goal Setting Theory
The view that when a manager sets clear, specific goals, performance will increase, and setting a challenging goal is more effective than saying to project team members "Do your best." See also Control Theory, Expectancy Theory, Equity Theory, and Reinforcement Theory. [D02639]

N

 PMH p316
Goals
Broad statements of aims or results sought by an organization or individual, more specific than mission or purpose, but less specific than objectives. [D06427]

VFGJN

 asae
Goods
Articles, commodities, wares, etc of value. [D02809]

N

 Webster
Goodwill
An unidentifiable intangible asset, that originates under the purchase method of accounting for a business combination when the price paid by the acquiring company exceeds the sum of the identifiable individual assets acquired less liabilities assumed, based upon their fair values. [D03508]

VFN

 GAT
Definitions for page G00: 50

***  prev

Home | Issacons | PM Glossary | Papers & Books | Max's Musings
Guest Articles | Contact Info | Top of Page