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Summary Activity

Summary Activity A group of related schedule activities aggregated and displayed as a single activity.Read more →The post Summary Activity appeared first on Specialized Business Dictionary | USA,...

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Tailor

Tailor The act of carefully selecting process and related inputs and outputs contained within the PMBOK® Guide to determine a subset of specific processes that will be included within a project’s...

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Team Members

Team Members See project team members.Read more →The post Team Members appeared first on Specialized Business Dictionary | USA, Australia, UK, South Africa.Related terms:Control Quality Control Quality...

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Technique

Technique A defined systematic procedure employed by a human resource to perform an activity to produce a product or result or deliver a service, and that may employ one or more tools.Read more →The...

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Templates

Templates A partially complete document in a predefined format that provides a defined structure for collecting, organizing, and presenting information and data.Read more →The post Templates appeared...

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Threat

Threat A risk that would have a negative effect on one or more project objectives.Read more →The post Threat appeared first on Specialized Business Dictionary | USA, Australia, UK, South Africa.Related...

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Three-Point Estimate

Three-Point Estimate A technique used to estimate cost or duration by applying an average of optimistic, pessimistic, and most likely estimates when there is uncertainty with the individual activity...

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Threshold

Threshold A cost, time, quality, technical, or resource value used as a parameter, and which may be included in product specifications. Crossing the threshold should trigger some action, such as...

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Time and Material Contract, T&M

Time and Material Contract, T&M A type of contract that is a hybrid contractual arrangement containing aspects of both cost-reimbursable and fixed-price contracts. Time and material contracts...

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Time-Scaled Schedule Network Diagram

Time-Scaled Schedule Network Diagram Any project schedule network diagram drawn in such a way that the positioning and length of the schedule activity represents its duration. Essentially, it is a bar...

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To-Complete Performance Index, TCPI

To-Complete Performance Index, TCPI A measure of the cost performance that is required to be achieved with the remaining resources in order to meet a specified management goal, expressed as the ratio...

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Tolerance

Tolerance The quantified description of acceptable variation for a quality requirement.Read more →The post Tolerance appeared first on Specialized Business Dictionary | USA, Australia, UK, South...

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Tornado Diagram

Tornado Diagram A special type of bar chart used in sensitivity analysis for comparing the relative importance of the variables.Read more →The post Tornado Diagram appeared first on Specialized...

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Tool

Tool Something tangible, such as a template or software program, used in performing an activity to produce a product or result.Read more →The post Tool appeared first on Specialized Business Dictionary...

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Total Float

Total Float The amount of time that a schedule activity can be delayed or extended from its early start date without delaying the project finish date or violating a schedule constraint.Read more →The...

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Tree Diagram

Tree Diagram A systematic diagram of a decomposition hierarchy used to visualize as parent-to-child relationships a systematic set of rules.Read more →The post Tree Diagram appeared first on...

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Trend Analysis

Trend Analysis An analytical technique that uses mathematical models to forecast future outcomes based on historical results. It is a method of determining the variance from a baseline of a budget,...

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Trigger Condition

Trigger Condition An event or situation that indicates that a risk is about to occur.Read more →The post Trigger Condition appeared first on Specialized Business Dictionary | USA, Australia, UK, South...

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Unanimity

Unanimity Agreement by everyone in the group on a single course of action.Read more →The post Unanimity appeared first on Specialized Business Dictionary | USA, Australia, UK, South Africa.Related...

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Variance Analysis

Variance Analysis A technique for determining the cause and degree of difference between the baseline and actual performance.Read more →The post Variance Analysis appeared first on Specialized Business...

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