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
Project Accountant   - to -   Project Charter
***  prev

Term
Definition     Editor's Choice
Cat Source
Project Accountant
The person responsible for project cost accounting services to the project. Duties may typically include:

JN
CHMT

  
See also Project Controller. [D05820]

GJ
CHMT

  
Project Accounting
The process of identifying, measuring, recording and communicating actual project cost data.
Editor's Note: Unlike financial accounting where entries must be accurate to the nearest penny, project cost accounting does not require this degree of accuracy. To the nearest $100 or $1000 may suffice depending on the size of the project. [D01354]

GJ
CHMT

 PMK87
Project Administration
Routines established to control and follow up on a Project. [D06655]

J
CHMT

 NPMT
Project Appraisal
The discipline of calculating the viability of a Project. Project viability is normally determined in largely economic or financial terms. However, it may also be extended to include issues such as environment appraisal and certainty of performance. [D06658]

J
CHMT

 PNG
Project Approach
A description of the way in which the work of the project is to be conducted. For example: Are we building a product from scratch or buying in a product that already exists? Are the technology and products that we can use constrained by decisions taken at program level? [D05821]

GJ
CHMT

 PRNC2 2005
Project Approach Statement
See Approach Statement. A statement of the way the project will do things. For example, project planning may require different approaches, or different approaches may be considered as a way of reducing project risks. [D05691]

J

 WSG
Project Approval
Owner, sponsor, or senior management authorization for a project to proceed, typically through the next logical phase or stage only. A major milestone or event in the project life span. [D03191]

J
CHMT

 RMW
Project Assurance
The project board's responsibilities to assure itself that the project is being conducted correctly. [D05433]

GJ
CHMT

 PRNC2 2002
Project Assurance Team ("PAT")
The organization which carries out technical and administrative roles, ensuring continuity of development, and technical integrity, of the project's products. [D05070]

J

 KSI
A three-member team comprised of the business assurance coordinator, the technical assurance coordinator and the user assurance coordinator whose roles cross stage boundaries and through whom continuity of project development and technical product integrity is maintained. [D01357]

GJ
CHMT

 WST
Project Authority
The entity that directs the project definition and scope, and oversees project implementation, representing the financial stakeholders and ultimate risk takers on the project. [D06484]

GJ

 Costin
Project Base Date
Reference date used as a basis for the start of a project calendar. [D04479]

J

 APM
BS
Project Benefits
See Benefits. [D06139]

FGJN
HMT

  
Project Board
A management-level group that represents the business, user and supplier interests of the project. It is chaired by the executive. Its members must have authority to make decisions, and take responsibility for commitment to the project of resources such as personnel, cash, equipment and access to property. [D05434]

FGJ
CHM

 PRNC2 2002
A body to whom the project manager is accountable for achieving the project objectives. The project board should be viewed to represent the stakeholders. For example, on a small project the sponsor may represent the interests of the "executive", the "senior user", and the "technical authority", whereas in a large project, the project board may be larger than the three or four usual members. [D01358]

FGJ
CHM

 WST
The executive organization which provides overall direction and guidance to a project. All project boards within a program report to the program director. [D05071]

FGJ
CHM

 KSI
See Steering Committee [D03745]

GJ
CHM

  
Project Board Executive
A project management role (chairman of the project board). Project board executives should formally report to, and be subject to direction from the program director, if changes to project briefs are required. [D05072]

GJ
CHMT

 KSI
Project Boundary
A boundary that defines how the project interacts with other projects and non-project activity both within and outside the organization. [D03911]

JN
HMT

 PNG
Project Breakdown Structure
See Work Breakdown Structure. [D01360]

FGJN
CHMT

  
Similar to a WBS but used in some application areas when the term WBS is incorrectly used to refer to a Bill of Materials. [D06140]

JN
CHM

 PMTWG
Project Brief
A document submitted with a capital appropriation request for the implementation of a project. A good project brief should include at a minimum:

[D01361]


FGJ
CHMT

 CCCP
A statement of reference terms for a project. [D01363]

JN

 WST
See Project Plan. See also Project Charter. [D01364]

GJN
CHMT

  
A major document typically prepared as the basis for an executive management go/no-go decision at an executive control point. Following a go decision, the document becomes the baseline or control basis for the project control cycle. [D01362]

FGJ
CHM

 FWH
A statement of the terms of reference for a project, initially provided by the steering committee and subsequently refined by the project board to form part of the project initiation document. [D03912]

GJN
MT

 PNG
A statement of reference terms for a project. A written statement of the Client's goals and requirements in relation to the project. [D04481]

GJN
CHM

 APM
A product of the program definition phase which contains an outline specification for a project within the program plan. [D05073]

FG

 KSI
A statement that describes the purpose, cost, time and performance requirements (or constraints) for a project. [D06141]

JN
HMT

 MSP-UK
Project Budget
The authorized capital appropriation of funds generally based on the estimate contained in the accepted project brief released for the implementation phase of the project. [D01366]

FGJ
CHMT

 CCCP
The amount and distribution of funds allocated to a project. [D06142]

JN

 PMTWG
Project Business Management
The management of the business baseline of the project including contracting, subcontracting, planning, scheduling, budgeting, data management, human resources, legal, etc. [D04193]

FGJ

 CSM
Project Business Plan
The high-level management document for the project, owned, maintained and used by the Steering Committee to ensure the delivery of project outputs and the realization of defined project outcomes. [D05436]

GJ

 TGPM
Project Calendar
A calendar that defines global project working and non-working periods. [D01368]

GJN
CHMT

 WST
The base calendar used by a project. [D01367]

JN

 MSP98
Project Cancellation
Point at which a decision is made to discontinue the project and disband its organization. [D01369]

JN
CHMT

 NPMT
Project Champion
The person who espouses the project and secures for it necessary support and resources. See also Project Sponsor. [D03746]

FGJ
CHMT

 CRMP
A senior manager who is above the project manager who gains support and resources for the project. [D01370]

FGJ
HMT

 WST
An advocate who works to establish a project to satisfy a need. [D05437]

FGJ
CHMT

 RMW
Project Change
An approved change to project work content caused by a scope of work change or a special circumstance on the project (weather, strikes, etc.). See also project cost changes. [D01371]

GJN
CHM

 PMK87
Project Change Control Board
A board established for approval of changes to the technical, operations, schedule, or cost baseline for the project. [D04194]

FGJ
CHM

 CSM
Project Chart of Accounts
A breakdown of the project cost elements by activity and work packages that may be cross-referenced to the corporate assets ledger of the sponsor/owner. [D06485]

N

 Costin
Project Charter
In project portfolio management, a key document in the on-going life of a project, approval of which provides the Project Manager with the authority to consume portfolio resources to execute the project within scope, quality, time, and cost constraints. An essential documentation required on medium and large projects and programs, with contents scaled accordingly. A document that is necessary to provide the basis for selection and authorization of further expenditure of resources within the portfolio. [D06685]

FGJN
HMT

 PPM
See also Project Brief and Project Plan [D06661]

J
CHMT

  
A document consisting of a mission statement, including background, purpose, and benefits, a goal, objectives, scope, assumptions and constraints. A Project Charter clearly documents project definition in order to bring a project team into necessary agreement. [D06667]

J
MT

 WST
A document issued by senior management that provides the project manager with the authority to apply organizational resources to project activities. [D06664]

J
CHMT

 PMK96
A document prepared by the sponsor that includes an overview of what is expected from the Project including limits, priorities, requirements and constraints. [D06670]

J
MT

 PMMJ97
A formal document providing authority to a Project Manager to execute a project within scope, quality, time and cost and resource constraints as laid down in the document. [D06673]

JN
CH

 RMW
The (oral or written) authority given by executive management to the Project Manager and all supporting organizations to manage the project.
Editor's Note: Oral authority should be confirmed back in writing. [D06676]

J
MT

 MFC
The executive authorized document or proclamation that identifies the Project, appoints the Project team, delegates responsibility and authority, and describes the supporting organizations and reporting relationships. [D06679]

J
CH

 MFC
A formal document prepared by a project, and authorized by senior functional management, that describes the approach to be employed in the management of a particular project. The charter is often used to give organizational authority to a Project Manager. [D06682]

J
CHMT

 QWF
Definitions for page P13: 52

***  prev

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