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

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Methods Study - to - Mixed Organization

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Definition     Editor's Choice
Methods Study
A systematic recording of all activities performed in a task or sequence of work including standard time for the work performed. Opportunities for simplification or improvement are noted during the study or as a result of subsequent analysis. [D03656]

A systematic recording of all activities performed in a job, position of work, or a process, including standard times for the work performed. The objective is work simplification for which notes are kept during the study. [D03017]

A theory or system of measurement. [D03657]

See Man-Hour/Month/Year

Micro Environment
Consideration of company, project or client imposed policies and procedures applicable to project actions. [D01011]

Micro Procurement Environment
Consideration of firm, project or client imposed policies and procedures applicable in the procurement actions. [D01012]

The notion, perceived or real, of closely detailed scrutiny of one's activities by one's superiors. Tends to usurp authority or responsibility. [D03658]

The perception or reality that senior management is bypassing the line organization and getting involved directly with the details at the working level. [D01013]

The scheduling of activities with duration less than one day (in hours or fractional days). [D03599]

Mid-Stage Assessment ("MSA")
An assessment in the middle of a project that can be held for several reasons:
  1. at the request of the project board;
  2. to authorize work on the next stage before current one is completed;
  3. to allow for a formal review in the middle of a long project; or
  4. to review exception plans.

A point in time representing a key or important intermediate event in the life of a project. A milestone should be capable of validation by meeting all of the items prescribed in a defining checklist as agreed with the stakeholders. [D01022]

A clearly identifiable point in a project or set of activities that commonly denotes a reporting requirement or completion of a key component of a project. [D01015]

 OTOB 271-4
A key or important intermediate goal in the network. A major milestone typically requires senior management approval before proceeding further. [D01016]

A major event in a project, typically one requiring the customer or upper management to approve further work. [D01017]

 SPM 304-9
A significant event in the project (Key Item or Key event.) [D01018]

A significant event in the project, usually completion of a major deliverable. [D01019]

A significant event that marks progress in a project, such as completion of a phase. [D01020]

An important project event, often the end of a major project phase. [D01021]

An activity with zero duration (usually marking the end of a period). [D03600]

The point at which an iteration formally ends; corresponds to a release point. [D04738]

A scheduling event that signifies the completion of a major deliverable or a set of related deliverables. A milestone, by definition, has a duration of zero and no effort. There is no work associated with a milestone. It is a flag in the work plan to signify that some other work has been completed. Usually a milestone is used as a project checkpoint to validate how the project is progressing and revalidate work. Milestones are also used as high-level snapshots for management to validate the progress of the project. [D05021]

A scheduled event for which some individual is accountable and that is used to measure progress. [D05193]

Milestone Dictionary
A description of exactly what is required to satisfy each milestone. [D04145]

Milestone Payments
The milestones on which payments fall due. [D01023]

 CPMUSC 176-8
Milestone Plan
A plan containing only milestones which highlight key points of the project. [D01025]

Plan of project phasing, showing main project events. [D01024]

Milestone Schedule
See Summary Schedule. [D01027]

A summary level schedule which identifies the major milestones. See also Master Schedule. [D01026]

Milestones for Control
Interim objectives, points of arrival in terms of time for purposes of progress management. [D01028]

Milestones, for progress measurement
A contractual arrangement whereby progress payments are made on the basis of milestones achieved rather than on the basis of measured quantities of work completed. [D03019]

Military Time
Time measured on a twenty-four-hour clock. [D01029]

See Multipurpose Internet Mail Extension

Minor Defect
A defect that is not likely to reduce materially the usability of the unit of product for its intended purpose, or is a departure from established standards having little bearing on the effective use or operation of the unit. [D01030]

 MIL-STD 105
Minute Taking
The making of a record of the items discussed at a meeting and/or the consequent action items that are expected as a result. [D03020]

See Management Information System

MIS Quality Requirements
The process of organizing a project's objectives, strategies and resources for the (quality) data systems. [D01032]

Factual information which is false or misleading, whether intentional or not, and would have made a difference in the performance of the work if known to both parties at the time of contract execution. May also refer to information known to one party during bidding but not the other, either intentionally or unintentionally. [D05022]

A concise statement of a program or project's overall purpose and reason for existence. See also Vision. [D05023]

A stretching, guiding and reinforcing statement of intent and commitment. [D01033]

 TML 220
The objective or task, together with the purpose, which clearly indicates the action to be taken.
Editor's Note: Usually expressed at a high or overview level to provide overall direction. [D03659]

Derived from the project vision, an action plan that is feasible in time and place and compatible with the pursuit of the vision. [D04328]

Mission Statement
Brief summary, approximately one or two sentences, that sums up the background, purposes and benefits of the project. [D01034]

A document that answers these three questions:
  1. What do we do?
  2. For whom do we do it?
  3. How do we go about it?

 PPS&C p54
Working to lessen risk by lowering its chances of occurring or by reducing its effect if it does occur. [D01037]

Taking steps to lessen risk by lowering the probability of a risk event's occurrence or reducing its effect should it occur. [D01035]

The act of revising the project's scope, budget, schedule or quality, preferably without material impact on the project's objectives, in order to reduce uncertainty on the project. [D01036]

Action either to reduce the probability of an adverse event occurring or to reduce the adverse consequences if it does occur. [D05024]

Mitigation of Damages
The legal responsibility of both parties to a contract to minimize damages (time and cost) to the other party. [D05025]

Mitigation of Risk
Steps taken or to be taken to avoid or reduce the impact of risk events. [D03022]

Mixed Organization
This organizational structure includes functional groups, pure project groups, and perhaps a matrixed group, in its hierarchy. It is similar to a matrix organization. [D01038]

 OTOB 271-4
Definitions for page M03: 50

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