Here is an executive guide to business analysis and project management terminology, including more than 200 definitions to help you better communicate with business analysts and project management professionals.
Project management has been increasing in visibility both inside and outside the executive office. Now, with the emergence of business analysis as an independent field, understanding and using the correct terminology is more critical than ever.
This glossary is a guide to the most commonly used business analysis and project management terms. It is designed to help you better communicate with business analysis and project management professionals.
The Executive Guide to Business Analyst and PM Terminology
3-Pass approach: method of finding the critical path by working through calculations on the network three times: forward; backward; and once again to calculate the activity and network flexibility (float).
Acceptance: one of four possible strategies for response planning with regards to an identified risk; indicates the impact of the risk that can be tolerated at its identified level.
Active/visible observation: observing in a way that interacts with those being observed (i.e., asking questions and having others describe what they are doing and why).