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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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Lead Contractor - to - Leverage

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Term
Definition     Editor's Choice
 
Source
Lead Contractor
The contractor who has responsibility for overall project management and quality assurance. [D04459]

 APM
Lead Duration
A duration by which a given task must be started before the succeeding activity can begin. [D00915]

 CPMUSC 176-8
Lead Time
The time required by one task before another task can begin. [D00917]

 OTOB 84
An overlap between tasks that have a dependency. [D00916]

 MSP98
Leader
One who takes the lead or initiative through leadership. [D02930]

 Webster
Someone who guides people along a way, hopefully to the successful accomplishment of personal and organizational objectives. [D02947]

 PMDT
Leadership
The ability to identify what work has to be done and then to select the people who are best able to tackle it. It is about setting goals and objectives and generating enthusiasm and motivation amongst project team members and stakeholders to work towards those objectives. [D03443]

 CRMP
The process by which the project manager influences the project team to behave in a manner that will facilitate project goal achievement. [D00918]

 PMK87
Getting others to follow direction. [D00919]

 WST
The art of getting others to want to do something that you are convinced should be done. [D02336]

 20
An ability to get things done well through others. It requires:
  • A vision of the destination
  • A compelling reason to get there
  • A realistic timetable, and
  • A capacity to attract a willing team
[D02337]

 SU
The art of influencing others to willingly strive for the completion of group goals. [D02948]

 PMDT
The art of getting others to follow, whereas management is defined as the art of getting others to do what one cannot necessarily do oneself, i.e. by organizing, planning , controlling and directing resources. [D03865]

 PNG
The force that enables effective management. [D05014]

 54
Leadership Style
The manner in which a leader conducts himself/herself. [D02949]

 PMDT
Leading
Exercising leadership; providing direction or guidance; directing operations, activity, or performance of a group. Also, out in front. [D02931]

 Webster
Learning Curve
A concept that recognizes the fact that productivity by workers improves as they become familiar with the sequence of activities involved in the production process. [D00920]

 PMK87
A mathematical way to explain and measure the rate of change of cost (in hours or dollars) as a function of quantity in a repetitive operation. [D03640]

 DSMC
The time it takes humans to learn an activity well enough to achieve optimum performance can be displayed by curves, which must be factored into estimates of activity durations in order to achieve planned completion dates. [D03721]

 PPS&C p340
Learning Curve Theory
Theory that explains the learning curve phenomenon. [D02932]

 RMW
Lease
A written contract for the renting of property over time for which the property is rented. [D02950]

 PMDT
Leasehold
Tenure by contract for a certain time; property so held. [D02951]

 PMDT
Leasing
Acquisition from private or commercial sources other than by purchase. Also referred to as rent or hire. [D03525]

 GAT
Legacy Thinking
Wedded to outmoded concepts and practices. [D02632]

 RMW
Legal
Established by law. [D02933]

 Webster
Legal Aspects
Considerations that must be taken into account because of relevant laws. [D02934]

 RMW
Legal Awareness
Recognition of prevailing and relevant law. [D02935]

 RMW
An awareness of the relevant legal duties, rights, and processes which govern in a particular project situation. It may cover potential causes of disputes, liabilities, breaches of contract, means of resolving a dispute, and legal basics of industrial relations. [D03444]

 CRMP
Legal, Ethical, and Moral Conduct
Legal conduct is established and authorized by law. Ethical conduct is established by published professional standards of conduct. Moral conduct is established by generally accepted standards of rightness of conduct. Considerable overlap may exist in these categories.
Editor's Note: "Rightness of Conduct" may well be a reflection of the values of the local or national culture in which the project takes place, and which may be very different from that of the performing organization. [D04127]

 CSM
Legally Concerned
Those individuals who are concerned with assuring that the project complies with all aspects of the law. [D00921]

 PMK87
Legend
An explanatory list of symbols that is or can be shown on a chart of graph. [D00922]

 MSP98
Legislation
The exercise of the power and function of making rules (as laws) that have the force of authority by virtue of their promulgation by an official organ of a state or other organization. [D02936]

 Webster
Legitimate
Being exactly as it should be,: neither spurious nor false. In accordant with prevailing law. [D02937]

 RMW
Lessons Learned
The capture of what went well as well as past errors of judgment resulting in material failures, wrong timing or other mistakes, all for the purposes of improving future performance. [D03641]

 RMW
The project team's learning from the project. Usually defined during close out. [D02199]

 PMMJ97
Letter of Credit
A letter that a bank promises to honor under stated conditions when presented to it or another bank. [D02952]

 PMDT
Letter of Intent
A type of letter sometimes issued to a contractor to confirm the award of a contract and pending the signing of formal contract documents. It is a commitment document. It allows the contractor to prepare for mobilization. Permitting work to start on site before the contract is signed is not recommended as the Owner is without full protection at that point until the construction contract is signed. [D00923]

 CCCP
A buyer's letter to a seller indicating possible future business involvement if certain prerequisite events happen. There is no legal implication but the agreement motivates early planning by the seller.
Editor's Note: In many jurisdictions, and depending on circumstances, a Letter of Intent could well be legally binding, to the extent that the seller incurs planning and mobilization costs. [D04128]

 CSM
Level Finish/Schedule ("SF")
The date when the activity is scheduled to be completed using the resource allocation process. [D00924]

 PMK87
Level Float
The difference between the level finish and the late finish date. [D00925]

 PMK87
Level of Detail
A policy expression of content of plans, schedules and reports in accordance with the scale of the breakdown of information. [D00926]

 PMK87
Level of Effort ("LOE")
Work that does not result in a final product (such as liaison, coordination, follow-up, or other support activities) and which cannot be effectively associated with a definable end product process result. Level of effort is measured only in terms of resources actually consumed within a given time period. [D00929]

 WST
Support type effort (e.g. vendor liaison) that does not readily lend itself to measurement of discrete accomplishment. It is generally characterized by a uniform rate of activity over a specific period of time. [D00928]

 PMK87
Effort of a general or supportive nature that does not produce definitive end products or results. [D03642]

 DSMC
A predetermined fixed level of qualified personnel over time to accomplish assigned tasks or operations.
Editor's Note: The level of the effort is not always "fixed" but may vary according to the progress of an activity or exigencies of the project. [D04129]

 CSM
Level Start Schedule
The date the activity is scheduled to begin using the resource allocation process. This date is equal to or later in time than early start. [D00930]

 PMK87
Leveling
See Resource Leveling. [D00932]

  
Resolving resource conflicts or over allocations by either delaying certain tasks and assignments or by splitting tasks. [D00931]

 MSP98
Leverage
The means for exercising influence for attaining goals or gains. [D03643]

 RMW
Using the work someone else has already done. [D04337]

 SU
Definitions for page L01: 50


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