- Threat
-
 An expression of intent to harm or the potential for harm or adverse impacts. See also Risk. [D05522]
|
|
- Three Duration Technique
- A method for reducing estimating uncertainty. Three durations are estimated; optimistic, most likely and pessimistic. Either a beta distribution is then used to calculate the estimated duration which is used in a critical path analysis, or Monte Carlo simulations are used to calculate a distribution for the overall project duration. [D02031]
|
PNG |
- Three Point Estimate
- See Three Duration Technique. [D05743]
|
|
- Threshold
- Monetary, time, or resource values used as parameters, that if breached will cause some type of management action to occur. [D04664]
|
QWF |
- Throughput
- The value of the products and/or services delivered to customers minus the direct and associated indirect costs, i.e. overheads, of goods and services sold and/or paid out to vendors. [D05846]
|
088 |
- Tied Activities
- Activities that have to be performed sequentially or within a predetermined time of each other. [D04548]
|
APM
BS |
- Tied Activity
- An activity that must start within a specified time or immediately after its predecessor's completion. [D02032]
|
PMK87 |
- Tiger Team
- A team established to focus on visibility, status, evaluation, and recommendations by experts relative to an area of concern. [D04283]
|
CSM |
- Time
-
 The measure of duration. [D02034]
|
FWH |
- See also Time Management. [D02033]
|
|
- Time Analysis
- The process of calculating the early and late dates for each activity on a project, based on the duration of the activities and the logical relations between them. [D02035]
|
WST |
- Time and Material Contract ("T&M")
- A contractual form in which the customer agrees to pay the contractor for all time and material used on the project, including a fee as a percentage of all project costs. [D02036]
|
SPM p304-9 |
- Time and Motion Study
- A study of the various motions in a piece of discrete and repeatable work and the time involved in each element for purposes of reducing the overall time or improving the procedure. [D03356]
|
RMW |
- Time Based Network
- A linked bar chart, a bar chart that shows the logical and time relationships between activities. [D04549]
|
APM
BS |
- Time Box
- The calendar limits within which an activity is required or expected to occur. [D03348]
|
RMW |
- Time Compression
- The act of reducing the planned time for an activity, accomplished perhaps by adding unplanned staff or using overtime.. [D02037]
|
SPM p304-9 |
- Time Delay Claim
- A request for an extension to the contract dates. [D02038]
|
PMK87 |
- Time Estimate Unit
- See Calendar Unit. [D02039]
|
|
- Time Extension
- An increase in the time allowed for completion of the project, usually through the issuance of a Change Order. [D05134]
|
PDG |
- Time is of the Essence
- A legal term signifying that time is critical and implying that the project or contract must be completed by the date specified and further, failure to do so constitutes breach of contract. [D05847]
|
RMW |
- Time Lapse Factor
- The typical and necessary delay between the time that a piece of work or activity is released and its actual commencement as a result of preparation and mobilization of resources. [D03349]
|
RMW |
- Time Limited Resource Scheduling
- See Resource Smoothing. [D03962]
|
|
- Time Limited Scheduling
- Scheduling of activities, so that the specified project duration, or any imposed dates are not exceeded.
Editor's Note: This may cause the envisaged resource levels to be exceeded. [D04550]
|
APM
BS |
- See Time-Limited Resource Scheduling. [D03351]
|
|
- Time Limits
- The calendar dates and times within which an activity is expected to be performed. [D03352]
|
RMW |
- Time Line
- A Schedule line showing key dates and planned events. [D03702]
|
DSMC |
- Time Management
- The function required to maintain appropriate allocation of time to the overall conduct of the project through the successive phases of the project's life span. [D02040]
|
FWH |
- The function required to maintain appropriate allocation of time to the overall conduct of the project through the successive stages of its natural life-cycle, (i.e., concept, development, execution, and termination) by means of the processes of time planning, time estimating, time scheduling, and schedule control. [D02041]
|
PMK87 |
- Time Management Plan
- See Schedule Management Plan. [D05744]
|
|
- Time Management Techniques
- The various techniques for managing the time taken up by project activities, such as planning, scheduling, trending, etc. [D03358]
|
RMW |
- Time Now
- The current calendar date [or time] from which a network analysis, report, or update is being made. [D03731]
|
PPS&C p341 |
- The time at which all remaining work starts. Sometimes referred to as the status date because all progress information entered for a project should be correct as of this date. No work will be scheduled by the time analysis or resource scheduling programs prior to this date. [D02042]
|
WST |
- Specified date from which the forward analysis is deemed to commence. [D04552]
|
APM
BS |
- Time Now Date
- See Time Now, Progress Date and Data Date. [D03964]
|
|
- Time Now Line
- The line indicated on a bar chart or network which indicates the reporting date being considered. [D02044]
|
CPMUSC p176-8 |
- See also Status Line and Time Now. [D02043]
|
|
- Time Oriented
- Projects in which time is management's essential criterion, such as meeting the opening day of an exhibition. [D03359]
|
RMW |
- Time Phased Budget
- The sum of budgets time phased in accordance with the baseline schedule. When summed at selected higher level elements of the Work Breakdown Structure, this should include both direct and indirect budgets. [D05745]
|
069 |
- Time Phasing
- The strategic pacing of the project and the overlapping between different activities or blocks of activities. For example, with the decision on whether or not to use Rapid Application Development Prototyping, Concurrent Engineering, Simultaneous Design, Fast Track, Phased Hand-over, etc. The phasing and overlapping of activities is also an important aspect of the project management team's skills. Properly done, it can have a major impact on the performance of the project. [D03771]
|
CRMP |
- Time Recording
- The recording of effort done on each activity in order to update a project plan. [D02046]
|
WST |
- Time Recording Software
- Software packages that build a time sheet from project planning software files and feed actual effort back to the project plan. [D02047]
|
WST |
- Time Remaining
- Time between a status date and a contract milestone date. [D04284]
|
CSM |
- Time Scaled Schedule Network Diagram
- A network diagram drawn to a time scale, i.e. a bar chart displaying schedule network logic. [D05746]
|
RMW |
- Time Schedules
- Schedules depicting project timing, e.g. bar charts, as distinct from schedules that list materials or parts. [D03360]
|
RMW |
- Time Scheduling
- The ordering of the processes required to ensure timely completion of the project. Scheduling consists of activity definition, activity sequencing, activity duration estimating, schedule development, and schedule control. [D03772]
|
CRMP |
- Time Sheet
- A record of the time spent by an individual or group on a project activity. [D02048]
|
RMW |
- A means for recording the actual effort expended against project and non-project activities. [D03963]
|
PNG |
- Time Standard
- The time allowed for the completion of a task. [D03732]
|
PPS&C p341 |
- Time to Complete
- Time required from a status date to meet a contract milestone. [D04285]
|
CSM |
- Time Value of Money
- A concept that acknowledges that money changes value over a period of time; that a sum of money today is worth more that the same sum of money at a future date, because of the fact that the money received now can be invested to earn interest. [D03357]
|
PMDT |
|
Definitions for page T03: 50
|
|
prev
Editor's Choice