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...
Deliverable:
A tangible or intangible object produced as a result of the project that is intended to be delivered to an internal or external customer.
Examples:
Proposal (Tangible)
Design document (Tangible)
Market study (Tangible)
Knowledge (Intangible. Deliverable of a Training project) Saving Changes...
Aejaz ShaikhPM I| Alyx Technologies India Pvt LtdPune, Maharshatra, India
Cost Of Quality's:
Non-Conformance Cost:
- Internal Found by Project: Rework, Scrap
- External Found by the Client: Liabilities, Lost Business, Warranty Work
Aejaz ShaikhPM I| Alyx Technologies India Pvt LtdPune, Maharshatra, India
Payback Period - Lower the Better
Benefit Cost Ratio, NPV, IRR, ROI - Higher the Better Saving Changes...
Aejaz ShaikhPM I| Alyx Technologies India Pvt LtdPune, Maharshatra, India
Communication Methods - Interactive, Push (Sent to Specific Recipient), Pull (For Large audience, can be viewed at user's discretion)
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1 reply by Venkatramvasi Mohanvasi
Feb 09, 2016 3:26 AM
Venkatramvasi Mohanvasi
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Appreciate your participation in this PM Terms relay race. One of the main rule is to post alternately, rather than posting by same member. Please check the rules in my first post. You will have to wait for the baton from another member. Once a term is posted you can start from the last letter(or successive letters)
Saving Changes...
Aejaz ShaikhPM I| Alyx Technologies India Pvt LtdPune, Maharshatra, India
Corrective Action - Are reactive in nature and are intended to bring the project back into alignment with the baselines. Saving Changes...
Aejaz ShaikhPM I| Alyx Technologies India Pvt LtdPune, Maharshatra, India
Preventive actions - Are proactive in nature to ensure the project doesn’t deviate from the baselines. Saving Changes...
Aejaz ShaikhPM I| Alyx Technologies India Pvt LtdPune, Maharshatra, India
Defect repairs - Are used to correct products or deliverables that do not meet the documented quality requirements. Saving Changes...
Aejaz ShaikhPM I| Alyx Technologies India Pvt LtdPune, Maharshatra, India
Estimate to complete (ETC) - is a forecast of how much more money will need to be spent to complete the project. Saving Changes...
Communication Methods - Interactive, Push (Sent to Specific Recipient), Pull (For Large audience, can be viewed at user's discretion)
Appreciate your participation in this PM Terms relay race. One of the main rule is to post alternately, rather than posting by same member. Please check the rules in my first post. You will have to wait for the baton from another member. Once a term is posted you can start from the last letter(or successive letters) Saving Changes...
Markus KopkoAI Enabler for Project & Program Mgmt | Founder PMotion.ai / The PM
AI Coach| PMotion.aiHamburg, Hamburg, Germany
Hello Aejaz,
me doubt you havn't read the Rules for this "Game" ... it is not only about listing pm termns ...
"The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man."