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. Saving Changes...
Elapsed Time:
The total number of calendar days (excluding non-working days such as weekends or holidays) that is needed to complete an activity.
If an activity takes 2 days and starts on a Friday, then it would be completed on Monday, since Saturday and Sunday are holidays. In this case, the elapsed time of the activity is 4 days which includes the Saturday and Sunday.
@Markus: You are welcome! Saving Changes...
Bala S DuvvuriProject Manager| ShellBangalore, Karnataka, India
Expert Power - This is the power you radiate when you lead by example. This is characterized by the ability to administer information, knowledge or expertise to others. Saving Changes...
Resource levelling:
Resource leveling is a scheduling process in which the start and end dates of tasks are driven by resource limitations.This is used when limits on the availability of resources are more important. It is finding out "‘With the resources available, when will the work be finished?’
It is ensuring resources are not overloaded and minimize the peaks and valleys to an extent possible. Saving Changes...
Bala S DuvvuriProject Manager| ShellBangalore, Karnataka, India
skipping g,h invoice - A contractor's bill or written request for payment under the contract for supplies delivered or services performed Saving Changes...
Expectancy Theory of Motivation:
This was suggested by Victor H. Vroom.
According to Vroom,Motivation Force = Expectancy X Instrumentality X Valence.
:>Expectancy - The belief that higher or increased effort will yield better performance.
>Instrumentality - The thought that if an individual performs well, then a valued outcome will come to that individual.
>Valence - The importance that a person puts on an expected outcome.
When deciding among behavioral options individuals select the option with greatest motivational force.However if any one of the 3 values is zero, the motivation force will be zero. Saving Changes...
Bala S DuvvuriProject Manager| ShellBangalore, Karnataka, India
Non recurring costs - Expenditures against specific tasks that are expected to occur only once on a given program Saving Changes...
Student Syndrome:
Practice of leaving a lot of work until the last moment, while originally working at a very relaxed pace with lots of slack. Most students tend to leave their homework/assignments/exam preparation until the very last possible time.This term coined by Eliyahu M. Goldratt in his book, The Critical Chain. Saving Changes...
Priya PatraDelivery Director| Capgemini India Technology Services LtdMumbai, India
Skipping E
F - Functional Organization - Organization where the resources of the organization are grouped by “functions” – sometimes called departments. Saving Changes...
Bala S DuvvuriProject Manager| ShellBangalore, Karnataka, India
Non confirmity - The non-fulfillment of specified requirements Saving Changes...
Skipping Y and Z. Authority: The ability to get people to act based on one's decisions. Authority is based on the perception that a person has been officially empowered to issue binding orders. For e.g. Project Charter gives authority to the Project Manager to use the organizational resources for fulfilling the project objectives.
