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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
Kaizen   - to -   KSI
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Term
Definition     Editor's Choice
Cat Source
Kaizen
A Japanese term for continuous improvement. [D06028]

N

 PMTWG
Key
In project management, typically means an item that is a deciding factor, i.e. is critical, instrumental or central to arriving at some determination. [D02913]

GJN

 Webster
Key Criteria
In project portfolio management, predetermined measures, values or conditions used in a scoring model to measure alignment with strategic goals. [D06029]

FN

 PPM
Key Descriptors
In project portfolio management, a set of characteristics used to categorize and document a component for further decision-making. It might include among others, specifics about scope, schedule, budget, actual performance (using key performance indicators), class, category, evaluation scores, priority, and approval status. [D06030]

F

 PPM
Key Event Schedule
A schedule comprised of key events or milestones. These events are generally critical accomplishments planned at time intervals throughout the project life span and used as a basis to monitor overall project performance. The format may be either network or bar chart and may contain minimal detail at a highly summarized level. This is often referred to as a milestone schedule. [D00883]

FGJ

 PMK87
See also Master Schedule. [D00884]

JN
CHMT

  
Key Events
Major events the achievement of which are deemed to be critical to the execution of the project. [D04456]

JN

 APM
Key Indicators
In project portfolio management, a set of parameters that permits visibility into how a component measures up to a given criterion. [D06031]

FGJN

 PPM
Key Performance
Performance that is critical to the project. See Key Performance Indicators. [D02914]

N

 RMW
Key Performance Indicator ("KPI")
A financial or non-financial measure used to help an organization measure progress toward a stated organizational goal or objective. Indicators that focus on the value in the process used to achieve the end results. See also Critical Success Factors.
Editor's Note: This definition is in the context of corporate management rather than project management. [D06441]

N

 113 pp184-5
Key Performance Indicators ("KPI")
Those project management indicators that: And at completion of the project these KPIs:
Editor's Note: See also Key Success Indicators. Key Performance Indicators tend to focus more on the management success of the project. [D03442]

FGJN
CHMT

 CRMP
Measurable indicators that will be used to report progress that are chosen to reflect the Critical Success Factors of the project.
[D00885]

N

 WST
Major criteria against which the project performance is measured. [D06442]

J

 125 p414
Key Personnel
People who are critical to the project, program or portfolio organization. [D02915]

VFGJN

 RMW
Those persons assigned by name to a project who cannot be replaced without approval of the buyer. [D04126]

GJN

 CSM
Key Success Indicators ("KSI")
Those project management indicators that: And, after completion of the project:
Editor's Note: See also Key Performance Indicators. Key Success Indicators focus more on the success of the product. [D00886]

FGJN
CHMT

 PMIS
Kickback
Any money, fee, commission, credit, gift, gratuity, thing of value, or compensation of any kind which is provided, directly or indirectly, to any individual or contractor for the purpose of improperly obtaining or for rewarding favorable treatment typically in connection with some form of contract. [D03521]

JN
CHMT

 GAT
Kick-Off
See Initiation. [D02916]

JN
CH

  
Kickoff Meeting
A meeting held to acquaint stakeholders with the project and each other; presumes the presence of the customer and serves as an initial review of project scope and activities. Usually conducted after contract award or a decision to initiate a project. [D06032]

GJN

 PMTWG
Kick-Off Meeting
Ideally, a workshop type meeting in which the principle stakeholders and participants in the project are briefed on the goals and objectives of the project, how it will be organized, etc. and who are then able to contribute to its planning, assignment of responsibilities, target dates, etc. [D02917]

GJN
CHMT

 RMW
A meeting of representatives of all groups involved in the project execution, to come to a common understanding of the project responsibilities, scope of work and safety program. [D05013]

GJN
C

 SCL
A workshop to assemble the team, accomplish teambuilding and to plan the project. [D05380]

JN

 MFC
Kinesics
A study of communication through body movement. [D06033]

N

 PMTWG
Knowledge
The fact or condition of knowing something with familiarity gained through experience or association. For example: the sum of what is known such as the tools and techniques of effective project management. [D02918]

N

 RMW
Actionable information that has the potential to contribute to a desirable outcome if acted upon. [D06443]

JN

 Costin
Knowledge Base
The sum of knowledge that is basic to the given circumstances, e.g. the organization's estimating database, or anecdotal records of risk events on past projects, etc. [D02919]

N

 RMW
Knowledge Management
The acquisition, management and distribution of relevant information to the parties who need to know. [D02920]

FGJN

 RMW
A collection of systems, processes, and procedures designed to acquire and share the intellectual assets of an organization. [D06034]

N

 PMTWG
A systematic process for acquiring, creating, synthesizing, sharing, and using information, insights, and experiences to transform ideas into business value. [D06035]

N

 112 p10
See also Project Knowledge Management. [D06036]

N

  
The fostering of an organizational culture that facilitates and encourages the creation, sharing and use of knowledge. [D06037]

N

 PMJ
Known, Known-unknown, Unknown-unknown
A method of classifying risks according to the amount of information available. [D00887]

N

 RMH
Known-Unknown
See Known, Known-Unknown, Unknown-Unknown. [D00888]

N

  
KPI
See Key Performance Indicators

FGJN
CHMT

  
See Key Performance Indicator

N

  
KSI
See Key Success Indicators

FGJN
CHMT

  
Definitions for page K00: 36

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