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

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Last updated 12-22-17

Master Glossary
Incentive Schemes   - to -   Informal Review
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Term
Definition     Editor's Choice
Cat Source
Incentive Schemes
See Bonus Schemes. [D03064]

J
CHMT

 SU
Inception
The first phase of the Unified Process, in which the seed idea, request for proposal, for the previous generation is brought to the point of being (at least internally) funded to enter the elaboration phase. [D04732]

FGJ
T

 RUP
Inch Pebbles
A diminution of milestones. Implies planning activities at a very detailed level. [D06555]

J
T

 RMW
Inclusion
A way of terminating a project by incorporating the project operations and team into the organization as a separate, ongoing entity. [D00815]

F
H

 OTOB p271-4
Inclusive OR relationship
Logical relationship indicating that at least one but not necessarily all of the activities have to be undertaken. [D04448]

JN
T

 APM
BS
Income
Receipts or benefits, usually in the form of money, regularly accruing from labor, business, or property. [D02833]

F

 Webster
INCOTERMS
A set of international terms defining conditions for delivery and shipping of equipment and materials. [D04449]

N
CHM

 APM
Increment
The difference (delta) between two releases at the end of subsequent iterations. [D04733]

N
T

 RUP
Incremental
A small increase, implying one of several progressive steps. [D02834]

N
T

 RMW
Qualifies an iterative development strategy in which the system is built by adding more and more functionality at each iteration. [D04734]

N
T

 RUP
Incremental Cost
Costs added to an existing total as a result of a particular decision or action. [D05154]

J
CHM

 RMW
Incremental Development
A hardware/software development process that produces a partial implementation and then gradually adds preplanned functionality or performance in subsequent increments. [D04115]

J
T

 CSM
Incurred Cost
A graphical tool that shows the relationship among decisions, chance events, and consequences for a decision problem. [D06431]

N

 Costin
Incurred Costs
Sum of actual and committed costs, whether invoiced/paid or not, at a specified time. [D04450]

GJ
CHM

 APM
BS
Total cost to date (i.e. including liabilities for all goods, service, work.) See also Total Expenditure to Date [D02835]

J
CHMT

 RMW
Indemnify
To make or promise to make proper payment for damage, injury or loss. [D05372]

J
CH

 Webster
Independent
Someone who is not subject to the control of another, or something that is not subordinate to, or does not rely on, anything else. [D02836]

N

 RMW
Independent Cost Analysis
An analysis of program cost estimates conducted by an impartial body disassociated from the management of the program. [D04638]

JN
CHM

 QWF
Independent Cost Estimate
An estimate of program cost developed outside normal channels which generally includes representation from cost analysis, procurement, production management, engineering and project management. [D04639]

GJN
CHMT

 QWF
Independent Float
The degree of flexibility which an activity has which does not affect the float available on any preceding or succeeding activities. [D03860]

JN

 PNG
The delay possible for an activity if all preceding activities start as late as possible whilst all subsequent activities start at their earliest time. The significance of independent float is that it is associated solely with one activity and not with a chain of two or more activities. [D05000]

JN

 052
Independent Verification and Validation
The process of proving compliance to a specification by using personnel that are technically competent and managerially separate from the development group. The degree of independence of the IV&V team is driven by product risk. [D04116]

JN
CHM

 CSM
Index
Table of Contents. Also, a published measure of change, such as indices representing the cost of living, inflation, and relative labor and material rates, etc. [D02837]

N

 RMW
Indicators
Generally, information in a consistent format that points to a current status, trend or need for action. [D02838]

N

 RMW
Indirect
Roundabout, not open or straight forward. In project management, "Indirects" typically refer to costs that cannot be identified directly with any one activity. See Indirect Cost. [D02839]

GJN
CHM

 RMW
Indirect Cost
Costs associated with a project that cannot be directly attributed to an activity or group of activities, i.e. Resources expended which are not directly identified to any specific contract, project, product or service, such as overheads and general administration. [D04451]

GJN
CHM

 APM
BS
Resources expended which are not directly identified to any specific contract, project, product or service, such as Overhead and G&A. [D00816]

GJN
CHM

 WST
Any cost not directly identified with a single, final cost objective, but identified with two or more final cost objectives or an intermediate cost objective. See also Burden [D03511]

GJN
CHM

 GAT
Indirect Cost Pools
A grouping of indirect costs identified with two or more cost objectives but not specifically identified with any final cost objective. [D04640]

GJN
CHM

 QWF
Indirect Costs
The costs for common or joint objectives that cannot be specifically identified with a particular project or activity; however, they may be allocated to projects on a prorated basis. Also known as Overhead or Burden. [D02264]

FGJN
CHM

 010
Contractor allowable costs that cannot be directly attributable to a specific project such as management salaries, employee fringe benefits, holiday pay, taxes, utilities and facility costs, and similar expenses. Indirect costs can vary between companies according to their cost accounting standards. Also called Overhead Cost. [D04117]

JN
C

 CSM
Indirect Project Cost
All costs which do not form a part of the final project, but which are nonetheless required for the orderly completion of the project and which may include, but not necessarily be limited to field administration, direct supervision, incidental tools and equipment, startup costs, contractorís fees, insurance, taxes, etc. [D00817]

FGJN
CHM

 PMK87
Individual
One indivisible entity such as one single person. [D02840]

N

 Webster
Individual Activity Cost
The separate cost of a single activity. [D02841]

N

 RMW
Individual Development Plan
The development plan for an individual project, work package or major activity. [D02842]

J
C

 RMW
Individual Work Plan
The lowest level of the technical plan which defines the tasks and responsibilities of an individual team member. [D03861]

JN
HMT

 PNG
Industrial Relations
An organizational function that deals with the relationship that exists between management personnel and the unions within an organization. [D02845]

VFG

 PMDT
A broad area of responsibility within an organization that includes human resources management activities and the administration of union agreements and seeks to maintain a positive image for the organization through public relations type activities. [D02844]

VFG

 RMW
Industry
A recognized sector of the economy employing a significant number of people. Also, hard work. [D02846]

VFG

 Webster
All concerns primarily engaged in similar lines of activity, as listed and described in the Standard Industrial Classification (SIC) Manual. [D03512]

VFG

 GAT
Inefficiency
A level of production which is less than that accomplished under normal working conditions. [D05001]

FGJ
CHMT

 PDG
Inexcusable Delays
Project delays that are attributable to negligence on the part of the contractor which lead in many cases to penalty payments. [D03720]

J
CHMT

 PPS&C p340
Inflation
The proportionate rate of change in the general price level, as opposed to the proportionate increase in a specific price. Inflation is usually measured by a broad-based price index, such as the implicit deflator for the consumer price index. [D03513]

JN

 GAT
See also Escalation. [D00819]

N

  
Inflation/Escalation
A factor in cost evaluation and cost comparison that must be predicted as an allowance to account for the price changes that can occur with time and over which the project manager has no control (for example: cost of living index, interest rates, other cost indices, etc.) [D00820]

JN
CHMT

 PMK87
Influence
An ability or power sufficient to produce some affect. [D02847]

N

 Webster
Influence Diagram
The value of work rendered to date, usually recorded by work package, being the sum of expenditures billed and paid plus expenditures billed but unpaid plus expenditures unbilled but incurred all up to the cost report date. [D06432]

N

 PrjDec
Influencers
A subset of Stakeholders. See also Constituents. [D05658]

FGJ
CH

 RMW
Informal
Not according to official, conventional, or customary form. Without ceremony. [D02848]

N

 Webster
Informal Review
A less formal subset of a quality review. [D00821]

JN
HM

 WST
Definitions for page I01: 50

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