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Project Management Glossary

Essential terms and definitions for modern project management professionals.

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Glossary Terms
100 project management terms

A

Agile

An iterative approach to project management and software development

methodologies

Acceptance Criteria

Conditions that a product must satisfy to be accepted

agile

Adaptive Planning

Ability to adjust plans as project evolves

planning

Activity Network Diagram

Graphical representation of project activities

scheduling

Affinity Diagram

Organizing ideas into natural groupings

tools

B

Backlog

A list of tasks required to be completed for the project

agile

Burndown Chart

A graphical representation of work left to do versus time

agile

Baseline

The original plan plus or minus approved changes

planning

Balanced Scorecard

Framework for measuring performance

metrics

Brainstorming

Idea generation technique

tools

Benchmarking

Comparing performance against best practices

metrics

C

Critical Path

The sequence of stages determining the minimum time needed for an operation

scheduling

Change Control

A process for managing project changes

basics

Capacity Planning

Determining resources needed for work

scheduling

Cost Baseline

Approved version of the project budget

planning

Contingency Plan

Planned response to a potential risk

risk

D

Deliverable

Any unique and verifiable product, result, or capability

basics

Dependency

A relationship between tasks where one depends on another

scheduling

Daily Standup

Short sync meeting on progress and blockers

agile

Dashboard

Visual display of key project metrics

tools

E

Earned Value

A measure of work performed expressed in terms of the budget authorized for that work

metrics

Epic

A large body of work that can be broken down into stories

agile

EVM

Earned Value Management performance system

metrics

Escalation

Process of raising an issue to higher authority

risk

F

Float

The amount of time a task can be delayed without impacting subsequent tasks

scheduling

Feasibility Study

An assessment of practicality and viability

planning

Fast Tracking

Schedule compression by overlapping tasks

scheduling

Forecasting

Estimating future project performance

planning

G

Gantt Chart

A bar chart that illustrates a project schedule

tools

Governance

Framework for decision-making and accountability

frameworks

Gate Review

Checkpoint to evaluate progress

governance

Granularity

Level of detail in project planning

basics

H

Hybrid Project Management

Mix of predictive and adaptive methods

methodologies

Histogram

Graphical representation of data distribution

tools

Heuristic

Rule of thumb problem-solving technique

tools

I

Iteration

A timeboxed period of development, typically 1-4 weeks

agile

Increment

A functional slice of product delivered in each iteration

agile

Incremental Delivery

Delivering partial functionality over time

agile

Issue Log

Record of identified project issues

risk

J

Jira

A tool widely used for agile project tracking

tools

Just-In-Time

Lean practice of producing only when needed

lean

K

Kanban

A visual system for managing work as it moves through a process

methodologies

Kickoff Meeting

Initial meeting to align stakeholders and team

basics

KPI

Key Performance Indicator

metrics

Knowledge Management

Capturing and sharing project knowledge

frameworks

L

Lean

A methodology focused on value while minimizing waste

methodologies

Lessons Learned

Knowledge gained for future improvement

basics

Lag

Delay between dependent tasks

scheduling

M

Milestone

A significant point or event in a project

scheduling

MoSCoW Prioritization

Technique to prioritize Must, Should, Could, Won't

planning

Monte Carlo Simulation

Technique to assess risk and uncertainty

risk

Milestone Chart

Chart highlighting major milestones

scheduling

N

Net Present Value

Method to evaluate project profitability

metrics

NDA

Non-Disclosure Agreement protecting information

contracts

Negotiation

Discussion to reach an agreement

basics

O

OKRs

Objectives and Key Results framework

metrics

Opportunity Cost

Value lost by choosing one alternative

planning

Optimization

Making the best use of resources

planning

P

PMBOK

Project Management Body of Knowledge - a set of standard terminology and guidelines

frameworks

PERT

Program Evaluation Review Technique

scheduling

Procurement Management

Acquiring goods and services

basics

Pareto Chart

Graph showing factors ordered by significance

tools

Q

Quality Assurance

Ensuring deliverables meet required standards

quality

Quality Control

Monitoring outputs for standards

quality

Questionnaire

Survey method to collect stakeholder input

tools

R

Risk Register

A document containing the results of risk analysis and risk response planning

risk

RACI Matrix

A responsibility assignment chart defining roles and responsibilities

planning

Retrospective

End-of-iteration meeting to discuss improvements

agile

ROI

Return on Investment profitability measure

metrics

Resource Leveling

Technique to resolve resource conflicts

scheduling

S

Scrum

An agile framework for managing work emphasizing teamwork, accountability and iterative progress

methodologies

Scope Creep

The uncontrolled expansion of project scope without adjustments to time, cost, or resources

risk

Stakeholder

Any person or group affected by the project

basics

Sprint

Short development cycle in Scrum

agile

Schedule Baseline

Approved project schedule

scheduling

T

Triple Constraint

The balance of project scope, time, and cost

basics

Team Charter

Document defining team objectives and roles

planning

Timeboxing

Allocating fixed time for activities

agile

Tolerance

Acceptable range of variation in performance

quality

U

User Story

A simple description of a feature told from the perspective of the user

agile

UAT

User Acceptance Testing to validate needs

testing

Use Case

Description of system interaction by user

planning

Uncertainty

Situations where outcomes are not known

risk

V

Velocity

A measure of a team's rate of progress

metrics

Value Stream

Steps to deliver value to a customer

lean

Variance Analysis

Tracking differences between planned and actual

metrics

Validation

Ensuring product meets user needs

quality

W

WBS

Work Breakdown Structure - a hierarchical decomposition of project deliverables

planning

Work Package

Lowest-level deliverable in a WBS

planning

Workflow

Sequence of processes through which work passes

tools

Workaround

Temporary solution to an issue

risk

X

XP

Extreme Programming agile method

methodologies

XML

Markup language for project data exchange

tools

X-Function Collaboration

Cross-functional teamwork

basics

Y

Yield

Measure of output versus input

metrics

YAGNI

You Aren’t Gonna Need It principle

agile

Yield Management

Maximizing revenue through demand control

metrics

Z

Zero Defects

Doing things right the first time

quality

Z-Score

Statistical measure of standard deviations

metrics

Zero Float

No flexibility in task scheduling

scheduling