Why training doesn’t need to stop during the oil and gas downturn, General Interest and Miscellaneous Overview, Project Management Training in the Oil and Gas Industry. 2 IT STAFF: Information Technology staff with expertise in myriad technology applications. Professional team meetings are a core component of any project, but there are many meeting terminologies that a lot of us don’t know about. Some of these commonly used project management terms are: 19. 0 Project management is more than just executing project tasks. As a project manager, you will come across many terms and phrases to describe critical aspects of project management and the process of managing small to large scale projects. This glossary contains more than 600 terms and provides simple, clear explanations. Activity (1) A component of work performed during the course of a project. rV10�4�iyp̰'Y�cORD=�#ò^���8����4-q�~Hhi���qB˅Ոbnn�ȍ]�ԝ�tJE�E��`�1��iv High-level requirements 4. Chapter 1, Introduction, defines key terms and provides an overview of the rest of the document. Therefore, in this essay, I have spent quite a considerable effort discussing about project planning tools and techniques. How to Get the Most From Your Project Management Training. 0000001219 00000 n Project management is the process by which projects are defined, planned, monitored, controlled and delivered such that the agreed benefits are realised. 0000002907 00000 n 1627 16 Acceptance Criteria Performance requirements and essential conditions that have to be achieved before project deliverables are x���A �4���WT0��>��m{�d������C. Project Management tips for your ultimate Christmas Day! APM Project Management Qualification (PMQ) What are the Study Options? Does Your Career and Your Company Need You to Upskill? endstream endobj 1641 0 obj <>/Size 1627/Type/XRef>>stream Here’s a quick list of top project management terms and definitions you need to know to lead your projects to success. Development in Project Management…. Nevertheless, in the minds of project managers, this terms has transformed. 0000000630 00000 n 5 Simple Tips to Project Manage your Summer Holiday! xref • Section I is a listing of basic project management terms. Let’s start with the definition of a project.A project is Agile terminology can be confusing. 0000002636 00000 n I know many companies do not use a Project Charter to initiate a project. Avoid Bad Changes and be prepared for Good Changes, Once is Misfortune, Twice is Careless – Continuous Improvement in Projects. At least you need to capture: 1. Top 7 reasons to take the APM Project Fundamentals Qualification (PFQ), The APM Introduction to Project Management Qualification, Project Management Training – Beware of the Hidden Costs. Project management is a distinct area of management that helps in handling projects. Problem In project management terms these are concerns that the project manager has to deal with on a day-to-day basis. Project management involves the planning, scheduling and controlling of the activities in a project Planning – Defining the objectives of the project and […] You may not need a formal document. Also, it gives an authority to project manager to spend resources to reach project objectives. 0000009767 00000 n 16090-Introduction to Project Management. 0000007072 00000 n Procedures Cover individual aspects of project management practice and form an integral part of a method. The Project Management Institute’s PMBOK, or Project Management Body of Knowledge, is not really a methodology. Project Business Case 3. Effective communication is a key element of successful project management, which makes a common language essential. Some are industry-specific while others address issues and activities within the project management cycle. Your payment is being processed and a confirmation has been emailed to you. 0000002860 00000 n 6. An Opportunity to Survive and Thrive During the Oil and Gas Industry Downturn. Ready to apply your project management knowledge to real projects? Project Management Training – What are the benefits? In our constant quest to provide you with valuable information, here is a useful list of APM project management terms and definitions which we feel will  benefit you, especially those new to the industry and are studying for Project Management qualifications. 2�����m��i��( ����3��T�@d` ��y# 8 Reasons why you are never too old to learn, 10 Reasons why Project Management matters, Project Lifecycle and Methodology Overview, Project close-out and handover – a general overview, Maturity Assessments Help Counter Project Failure, Project Delivery Frameworks – Increase Project Success, Competency Frameworks and Project Management, Project Management Training and Qualifications Overview, The Benefits of an APM RPP Support Package, APM Practitioner Qualification – your next step after the APM PMQ, The APM Project Management Qualification (PMQ). Professional team meetings are a core component of any project, but there are many meeting terminologies that a … startxref Is there a difference between normal Leadership and Project Leadership? Agile Project Management! Why Invest in Project Management Training? ProjectManager.com is easy to use and has the features you need to manage any kind of project, whether large or small, Agile or Waterfall, and everything in between. Establishing standardized definitions for common project management terms is a challenge, even for seasoned pros. While there are many project management terms that are easily understood, even to the layman, there are some that even seasoned project professionals need help with. 0000002586 00000 n 0000001742 00000 n Defining your Project 6 Important Considerations! x�b```b``������'��ˀ ��@����&2�Ơi�t�U{��A&n��# What are the Benefits of Achieving a Project Management Qualification or Certification? We have compiled a list of the most common agile terms you may come across, and their definitions: Agile – a project management approach based on delivering requirements iteratively and incrementally throughout the life cycle. READ MORE on project-management-knowledge.com. Why Take an Accredited Project Management Training Course with an Accredited Provider? To help you achieve this goal, we’re offering this authoritative reference guide, pulling together a complete list of project management terminology. This online, self-paced series provides entry-level information on each Knowledge Area of the PMBOK ® Guide–Sixth Edition and will enable you to effectively put project management principles to work at your own organizations. 0000002986 00000 n It has three key features to distinguish it from other forms of management and they include: a project manager, the project team and the project management system. 20 Actions to Help Ensure Project Success, Risk! <<1FFE46981BC96540B0A6E8A72B81311C>]>> Agile or (agile development) is a modern approach to software development, where the product (i.e. 10 Reasons why your Project needs a Project Manager, Project Managers – Developing your Project Team. Instead, the PMBOK “methodology” is a framework of standards, conventions, processes, best practices, terminologies, and guidelines that are accepted as project management industry standards. Part I, The Project Management Framework, provides a basic structure for under-standing project management. • Section II provides definitions for terms you will likely need as your project management experience broadens. trailer Project Management Glossary of Terms www.pm4dev.com GLOSSARY OF TERMS Acceptance The formal process of accepting delivery of a product or deliverable. Agile. We take a look at some of the most commonly used project management terminology and, more importantly, what … How to Beat the 6 Killers of Projects. In the oil and gas downturn? 1627 0 obj <> endobj Key Performance Indicator. Training? The ideas from Agile software development applied to project management. Kickoff Meeting. Communication The Key to Successful Project Management, 12 Basic Rules for Estimating your Project, ECITB In Scope Companies – The benefits to employees, 20|20 named 2015 ECITB Training provider of the Year, ECITB Management and Leadership Programme. You must be kidding! TEN WAYS TO GET MORE DONE IN YOUR PROJECT MANAGEMENT DAY! The baseline is one of the most popular project management terms among project managers. Procedures manual A book of reference describing standard project procedures. And check out Jennifer Bridges video on the Top Ten Project Management Terms of all time: Top 10 Terms Project Managers Use. 0000001006 00000 n 10 Reasons to take the APM Project Management Qualification (PMQ). We have put together a number of project management terms and definitions for your reference, enjoy this project management glossary whenever you find yourself stuck! Training Now More Important Than Ever, The Importance of Training and Development in the Workplace. 0000001552 00000 n APM Project Fundamentals Qualification (PFQ) What are the study options? Competitive Analysis. ; Earned value management (EVM) is a project management technique for measuring project progress in an objective manner, with a combination of measuring scope, schedule, and cost in a single integrated system. Project Management | Glossary and Terms. A kickoff meeting is generally the first meeting that occurs between the project team and their client. See also schedule activity. You will be expected to know these terms for the CompTIA Project+ exam. Another one of the financial terms is the Sunk costs, which are expended costs. %PDF-1.4 %���� A Gallant Knight on a Noble White Steed? To begin our Project Management 101, we must first define some project management terms. Send Me FREE PMP® Pack Financial Terms in Project Management #3: Sunk Costs. Projects are unique, transient endeavours undertaken to achieve a desired outcome. Agile methods promote a process … (2) A task or set of tasks that are carried out in order to create an - PMP Prep Book Sample PDF - Free PMP Overview Training - PMP Cheat Sheets & more. Hfs�2@Hj10�ii �;M�����_�7���{wV%00�f]P��P�b��.� �Jy��a���� �Y��Y�}� of Project Management Terms may not be reproduced in whole or in part nor may derivative works be created based on it (including but not limited to translations), without the … Meeting Project Management Terms . 5 Useful Guidelines when executing your Project. 4 Reasons why Blended learning can benefit Project Management. 1642 0 obj <>stream Gantt Charts – What are they? 0000002052 00000 n Understanding these terms and acronyms is an important first step towards success in project management.!! 0000009806 00000 n Project management has its own terminology and abbreviations, making your entry into the field pretty hard. Project Management Training and Qualifications. I agree to receive emails. PROJECT MANAGEMENT GLOSSARY OF TERMS PAGE 6 FALL 2007 —A— Acceptance Criteria Those criteria, including performance requirements and essential conditions, which must be met before project deliverables are accepted. PROJECT MANAGEMENT GLOSSARY 1! Agile project management glossary. %%EOF 0000003503 00000 n Our definitions of the most common project management terms will prepare you for the next project meeting. Glossary of project management terms and acronyms used by project managers and business professionals. Each module features a pre- and post-assessment, allowing you to measure your progress. Included on this page, you'll … Which Professional Body is Right for You? Earned schedule (ES) is an extension to earned value management (EVM), which renames 2 traditional measures, to indicate clearly they are in units of currency or quantity, not time. Project Goal 2. There are three baselines in project management. But you do want to have the vital information it contains. … I have arranged this essay in two sections; the first one discusses the need to understand project objectives. A baseline is used to measure the performance of the project. Meeting Project Management Terms. Microsoft Project is a project management system, which assist the project managers to execute and control the project activities effectively in order to meet the sponsors needs and expectations from a project. 0000000016 00000 n This glossary was developed by CompTIA, using a variety of industry references and a number of project management subject-matter experts. Who Should go on a Project Management Training Course? Before even planning the project, the project manager needs to understand the task at hand. Triple Constraint Defining your Project – 6 Important Considerations! These are – Schedule baseline; Cost baseline; Scope baseline; The combination of these three is considered as complete performance measurement baseline. Chapter 2, The Project Management Context, describes the environment in which projects operate. At a point during the project, sunk costs represent all money that has been spent till now in the project. And why use them? Assist with change management Maintain project records and create master document for project Resolve additional or unforeseen issues as needed . Chapter 1, Introduction, defines key terms and definitions you need to understand project objectives know these terms the... … • Section I is a distinct area of management that helps in handling projects )... Of terms www.pm4dev.com glossary of terms www.pm4dev.com glossary of terms Acceptance the formal process accepting! Minds of project managers, this terms has transformed that the project video on Top. 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