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A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y | Z Acceptance decisions: decisions that determine if the products or services produced as part of the project will be accepted or rejected. Activity: an element of work, normally found on the WBS, that has an expected duration, cost, and resource requirements; also called task. Activity definition: identifying the specific activities that the project team members and stakeholders must perform to produce the project deliverables. Activity duration estimating: estimating the number of work periods that are needed to complete individual activities.
Activity sequencing: identifying and documenting the relationships between project activities. Activity-on-arrow (AOA) or arrow diagramming method (ADM): a network diagramming technique in which activities are represented by arrows and connected at points called nodes to illustrate the sequence of activities. Actual cost (AC): the total of direct and indirect costs incurred in accomplishing work on an activity during a given period, formerly called the actual cost of work performed (ACWP). Administrative closure: generating, gathering, and disseminating information to formalize phase or project completion. Analogous estimates: a cost estimating technique that uses the actual cost of a previous, similar project as the basis br estimating the cost of the current project, also called top-down estimates Analogy approach: creating a WBS by using a similar project’s WBS as a starting point. Appraisal cost: the cost of evaluating processes and their outputs to ensure that a project is error-free or within an acceptable error range. A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | Y | Z
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Updated: Friday, August 22, 2008 10:33