Project Management Glossary
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Indirect costs: costs that are related to the project but cannot he traced back in a cost effective way

Influence diagrams: diagrams that represent decision problems by displaying essential elements, including decisions, uncertainties, and objectives, and how they influence each other

Information distribution: making needed information available to project stake- holders in a timely manner

Initiating processes: actions to commit to begin or end projects and project phases

Initiation: committing the organization to begin a project or continue to the next phase of a project

Intangible costs or benefits: costs or benefits that are difficult to measure in monetary terms

Integrated change control: coordinating changes across the entire project

Integration testing : testing that occurs between unit and system testing to test functionally grouped components to ensure a subset(s) of the entire system works together

Interface management: identifying and managing the points of interaction between various elements of a project

Internal failure cost: a cost incurred to correct an identified defect before the customer receives the product

Internal rate of return (IRR): the discount rate that makes the net present value equal to zero, also called time-adjusted rate of return

Interviewing: a fact-finding technique that is normally done face-to-face or via telephone

ISO 9000: a quality system standard developed by the International Organization for Standardization (ISO) that includes a three-part, continuous cycle of planning, controlling, and documenting quality in an organization

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