Project Management

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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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Stéphane Parent Self Employed / Semi-retired| Leader Maker Prince Edward Island, Canada
Human Resource Management Plan: A component of the project management plan that describes how the roles and responsibilities, reporting relationships, and staff management will be addressed and structured.
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Rami Kaibni
Community Champion
Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada
Nominal Group Technique: A technique that enhances brainstorming with a voting process used to rank the most useful ideas for further brainstorming or prioritization.
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Venkatramvasi Mohanvasi PM Trainer| Freelancer Chennai, Tamilnadu, India
Moving to F:
Fait Accompli: A French word meaning 'done deal'. It is commonly used to describe an action which is completed before those affected by it are in a position to query or reverse it.
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Bala S Duvvuri Project Manager| Shell Bangalore, Karnataka, India
Inspection - Examination or measurement of work to verify whether an item or activity conforms to a specific requirement
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Venkatramvasi Mohanvasi PM Trainer| Freelancer Chennai, Tamilnadu, India
Networking:
Developing relationships with persons who may be able to assist in the achievement of objectives and responsibilities.It is used as a technique in planning for HR management.
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Bala S Duvvuri Project Manager| Shell Bangalore, Karnataka, India
Governance - The exercise of authority, management and control.
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Venkatramvasi Mohanvasi PM Trainer| Freelancer Chennai, Tamilnadu, India
Moving to F.
Free Float:
The amount of time that a schedule activity can be delayed without delaying the early start of any of the immediately following schedule activities.
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Bala S Duvvuri Project Manager| Shell Bangalore, Karnataka, India
Total slack - The amount of time a task can slip without affecting the project's finishing date.
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Venkatramvasi Mohanvasi PM Trainer| Freelancer Chennai, Tamilnadu, India
Moving to L:
Letter Of Intent(LOI):
A document outlining one or more agreements between two or more parties before the agreements are finalized.
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Bala S Duvvuri Project Manager| Shell Bangalore, Karnataka, India
Team reward system - The process by which the project team receives recognition for their accomplishments.
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