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Project Management Terms Relay Race !!

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Venkatramvasi Mohanvasi PM Trainer| Freelancer Chennai, Tamilnadu, India
Let us play a relay race of PM Terms.

Rules:
>You start from the last letter of the term posted previously.
>In case, more than one terms posted with same letters (concurrently posted), you start with the latest term.
>Only Project Management Terms in this relay.
>A term may include multiple words.
>Acronyms are fine. please include the expansion before the description.
>Your term needs to be followed by a short description of the term.
>No successive posting of term by the same member. The below one is fine.
member A: --------L
member B: L----- --- ----D
member A: D---- ------ ----
> If you don't get a term starting from a particular letter(last letter of previous term), feel free to start from the next letter. e.g. previous term - buzz, if you don't get a term starting with 'z', you may start with 'a'. (Hoping this rule will be rarely used.:)
>End date of game: No end date. Till the game goes on.

Vasi,
CATALYSTS.

Let me start the first term:

Project - Temporary endeavour to create a unique product, service or result.
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Markus Kopko AI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM AI Coach| PMotion.ai Hamburg, Hamburg, Germany
Schedule Management Plan. -
A component of the project management plan that establishes the criteria and the activities for developing, monitoring, and controlling the schedule.
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Bala S Duvvuri Project Manager| Shell Bangalore, Karnataka, India
Node - One of the defining points of a network; a junction point joined to some or all of the other dependency lines.
...
1 reply by Venkatramvasi Mohanvasi
Jan 25, 2016 7:04 PM
Venkatramvasi Mohanvasi
...
Node was already posted by me. Just a reminder. :)
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Alakananda Rao CEO| Alvari Systems Kolkata, West Bengal, India
Estimate Costs : Process that is used to develop the value of Monetary resources for each activity in a project
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Rami Kaibni
Community Champion
Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
Jan 25, 2016 8:10 AM
Replying to Markus Kopko
...
damn ... i guess we need something like an overview .. .it is a bit anoying to scan all the previous pages again and again ...
Plan, Check then Do - Thats the chanllenge, to work hard before you can achieve :-D

@Vasi: Get us something new creative as usual.
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Antonio Marino Business developer & Governance-PM Competence center leader| CONSEL - Consorzio ELIS per la formazione professionale superiore Roma, Rm, Lazio, Italy
Expert Judgment: judgment provided based upon expertise in an application area, knowledge area, discipline,
industry, etc., as appropriate for the activity being performed.
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Venkatramvasi Mohanvasi PM Trainer| Freelancer Chennai, Tamilnadu, India
Jan 25, 2016 10:08 AM
Replying to Bala S Duvvuri
...
Node - One of the defining points of a network; a junction point joined to some or all of the other dependency lines.
Node was already posted by me. Just a reminder. :)
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Venkatramvasi Mohanvasi PM Trainer| Freelancer Chennai, Tamilnadu, India
TCPI (To Complete Performance Index):
Estimate of the future cost performance needed to complete the project within the approved budget (initial budget or revised budget)
..
TCPI = Work remaining / Funds remaining.
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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
X Factor: an unknown or unexplained element that makes something more interesting or valuable
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Eric Lamy Senior Project Manager| Keurig Green Mountain Newbury, Ma, United States
Risk Assessment Framework: A strategy for prioritizing and communicating the risks associated with a project, ideally in a way which is understandable to both technical and non-technical audiences.
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Venkatramvasi Mohanvasi PM Trainer| Freelancer Chennai, Tamilnadu, India
Skipping K.
Lead:
The amount of time whereby a successor activity can be advanced with respect to a predecessor activity.This is will result in parallel activities.

Congrats Eric Lamy!! You posted the 100th term of this relay race. .
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