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Wideman Comparative Wideman Comparative Glossary of Common Project Management Terms v5.5 is copyright © R. Max Wideman, 2000-2017.

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Last updated 12-22-17

Master Glossary
CASE (1)   - to -   Change Budget
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Term
Definition     Editor's Choice
Cat Source
CASE (1)
See Computer Aided Software Engineering

N
T

  
CASE (2)
See Computer Aided System Engineering

N
CHM

  
Cash
Moneys, including coin, currency, money orders, checks and similar demands. [D02446]

FGJ
CHM

 PMDT
Cash Flow
The on-going difference between cash coming in and cash going out with resulting net cash availability. [D05273]

GJN
CHM

 RMW
The inflow and outflow of funds. A time-based record of income and expenditures, often presented graphically. [D02447]

FG
HM

 RMW
Cash receipts and payments in a specified period. [D04394]

GJ
HM

 APM
BS
Cash Flow Analysis
The activity of establishing cash flow (dollars in and out of the project) by month and the accumulated total cash flow for the project for the measurement of actual versus the budget costs. This is necessary to allow for funding of the project at the lowest carrying charges and is a method of measuring project progress. [D00210]

N

 PMK87
Cash Flow Management
The planning of project expenditures relative to income in such a way as to minimize the carrying cost of the financing for the project. This maybe achieved by delaying some of the major activities, but only at the risk of late completion and consequent increased cost. [D02448]

JN

 RMW
Cash Flow, Negative
A situation in which a business is spending more than it is earning in any given accounting period. [D05925]

JN

 PMTWG
Cash Flow, Net
Difference between cash received and payments made during a specific period. [D04395]

JN
CH

 APM
BS
Cash In
The inflow of funds. Also, to take advantage of a special situation. [D02449]

N

 RMW
Cash Out
The outflow of funds. [D02450]

N

 RMW
Catalyst
One who brings people and their ideas together. [D02451]

N

 RMW
Catch-up Alternatives
Different ways of bringing a project back onto the planned schedule. [D02452]

GJN
CHM

 RMW
Categorization
In project portfolio management, the process of grouping potential project portfolio components into categories to facilitate further decision-making. [D05926]

FGN

 PPM
A grouping of components based on certain criteria. [D06335]

N

 RMW
Category
In project portfolio management, a predetermined key description used to group potential and authorized project portfolio components to facilitate further decision-making. Categories usually link their components with a common set of strategic goals. [D05927]

FGN

 PPM
Causation
The facts and circumstances that produce a result for which a party claims entitlement for compensation. [D04939]

GJ
CH

 PDG
Cause
To make happen. In legal circumstances, a suit or action in court. [D02453]

FG
CH

 RMW
Cause and Effect Diagram
See Fish Bone Diagram. [D05928]

N

  
CBD
See Component-Based Development

N
T

  
CBS
See Cost Breakdown Structure

JN
CHMT

  
CCB
See Change Control Board

FGJN
CHMT

  
CCDR
See Contractor Cost Data Report

N

  
CCM
See Critical Chain Method

N

  
CDR
See Critical Design Review

N
T

  
Center of Excellence
Another name for Project Management Office or Project Office. [D05929]

G
HM

 PMTWG
Center of Expertise
See Project Office. [D05930]

G
CHMT

  
Central Processing Unit ("CPU")
The heart of a computer system where data manipulation occurs. [D04016]

T

 CSM
Centralized
Concentrated at the center such as management or administration conducted from one main location. All power and authority exercised by an elite few at the top of the organization.. [D02454]

FGN

 RMW
Centrism
The tendency for statistics of a population to cluster around the mean. [D06378]

T

 Costin
Certain
See Certainty. [D02455]

FGJN
CHMT

  
Certainty
Unquestionable, free from any doubt. No risk involved. [D02456]

FGJN
CHMT

 RMW
Certificate of Conformance
A certificate signed by a contractor representative that the supplies or services required by the contract have been furnished in accordance with all applicable contract requirements. [D03466]

GJN
CH

 GAT
A contractor's written statement, when authorized by contract, certifying that supplies or services comply with contract requirements. [D00211]

GJ
CH

 FAR 46.315
QMPP
Certification
A written testimony to certain facts. Used to satisfy regulatory bodies or customers that a person's or thing's capability, qualities, performance, etc. are up to specified standards. [D02457]

GJN
CHMT

 RMW
CFE
See Customer Furnished Equipment

J
CH

  
Chain
A series of elements joined together in sequence, such as a logical series of activities or occurrences. [D02458]

N

 RMW
Challenge
A demanding condition to be overcome, such as anticipated and unanticipated risks in a project. [D02459]

JN
CHMT

 RMW
Champion
A person who spearheads an idea or action and promotes it throughout the organization. [D05931]

FGJN
CHMT

 PMTWG
A person who takes on personal responsibility (though not usually day-to-day management) for the successful completion of a visionary project or creative change in an organization. It may involve a product launch, an innovation in process, or any type of project. [D00212]

FG
HMT

 OTOB p271-4
An end user representative, often seconded into a project team. Someone who acts as an advocate for a proposal or project. [D04396]

GJN
HMT

 APM
Change
The substitution of one thing in place of another. [D00213]

GJN
CHMT

 FWH
An increase or decrease in any of the project characteristics. [D00214]

GJN
CHMT

 PMK87
A systematic way of reaching an intended outcome. Philosophically, change is what project management is all about. [D02643]

GJN
CHMT

 RMW
The set of actions by which the organization moves from any current state to any desired state. Changes may be grouped into programs, projects, or packages of work. [D05932]

GJN
CHMT

 BRM
Change Agent
An individual who will support and provide leadership to enable a program to achieve its goals within a specific part of an organization, but is not part of the program team, for example the Manager. [D05933]

FGN
HMT

 MoR-UK
One who orchestrates a change such as an organizational change, typically in a business environment. Sometimes used to refer to the activities of a project manager. [D05759]

GJ
HMT

 RMW
Change Authority
A group to which the project board may delegate responsibility for the consideration of requests for change. The change authority is given a budget and can approve changes within that budget. [D05274]

FGJ
C

 PRNC2 2002
Change Budget
The money allocated to the change authority to be spent on authorized requests for change.
Editor's Note: See also Management Reserve. [D05275]

FGJ
C

 PRNC2 2002
Definitions for page C01: 50

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