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Compensation and Evaluation - to - Concept Study

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Compensation and Evaluation

The measurement of an individual's performance and the financial payment provided to employees as a reward for their performance and as a motivator for future performance. [D00256]

Competence

Ability to perform up to a required standard. [D02493]

The ability to perform specific tasks in a satisfactory manner. [D04948]

Competency

In project management, the measurement of both a person's knowledge and their demonstrated capability in project management. [D00257]

Competition

An acquisition strategy where more than one supplier is solicited to bid on performing a service or function. [D04024]

Either

1. A condition where a large number of producers or service providers vie for customers, or
2. An attempt by two or more persons or organizations to gain more than the other through methods of their own.

Editor's Note: Competition is sometimes used in soliciting proposals where selection is made on the basis of excellence or suitability, as with architectural assignments. [D02494]

Competitive

The act of being in competition. [D02495]

Compile

To collect or put together. [D02496]

Compile Time

Refers to something that occurs during the compilation of a software module. See modeling time, run time. [D04706]

Complete

Finished, ended, concluded all according to requirements. [D02497]

Completed Activity

An activity with an actual finish date and no remaining duration. [D00258]

Completed Units

The number of units completed to date. [D02498]

Completion

The process of finishing, see Complete. [D02499]

Completion Date

The calculated date for completion derived from estimating, planning and risk evaluation taking into account contingencies for identified risks. [D04319]

The date calculated by which the project could finish following careful estimating. [D00259]

The date calculated by which the project could finish following careful estimating, planning and risk analysis taking into account resource limitations and contingency. [D03812]

Complex

See Project Complexity. [D02500]

Component

A subsystem, assembly, subassembly or other major element of an end item [D02285]

A non-trivial, nearly independent, and replaceable part of a system that fulfills a clear function in the context of a well-defined architecture. A component conforms to and provides the physical realization of a set of interfaces. [D04812]

Component Integration and Test

Assembling units into the next higher assembly and testing the integrated unit. [D04025]

Component-Based Development ("CBD")

The creation and deployment of software-intensive systems assembled from components as well as the development and harvesting of such components. [D04707]

Components

Those articles, materials, and supplies incorporated directly into the end products or construction elements. [D03471]

Compound Risk

A risk made up of a number of interrelated risks. [D00261]

Compromise

Both sides agree such that each wins or loses a few points. [D00262]

Compromising, in negotiating

A search for middle ground that involves some degree of sacrifice by both sides. [D02732]

Computer

An electronic device for computation, record keeping, communication, etc. [D02501]

Computer Aided Design ("CAD")

The application of computer technology to facilitate design by applying methods, forms, functions, algorithms, virtual mock-ups, object integration, etc. [D04026]

Computer Aided Drafting ("CAD")

The drawing of the parts of a system or unit by electronic means. [D02436]

Computer Aided Manufacturing ("CAM")

The application of computer technology to facilitate manufacturing in the areas of numerically controlled machine operations, robotic production lines, just-in-time supply systems, inventory control, and configuration management. [D04027]

Computer Aided Software Engineering ("CASE (1)")

The application of computer technology to facilitate the development of software. CASE tools usually include libraries of reusable code (modules of software that can be easily modified for specific tasks), programmer productivity tools, and testing utilities. CASE tools also provide requirements management, system simulation, test management, etc. See also Computer Aided System Engineering. [D04028]

Computer Aided System Engineering ("CASE (2)")

The application of computer technology to facilitate requirements management, requirements flowdown, behavior simulations, system trades, verification planning, change control and baseline management. [D04029]

Computer Cost Applications

The computer assisted techniques to handle analysis and store the volume of data accumulated during the project life that are essential to the cost management function. The areas associated with cost management are: cost estimating data base, computerized estimating, management reports, economic analysis. analysis of risk and contingency, progress measurements, productivity analysis and control, risk management, commitment accounting, and, integrated project management information systems. [D00263]

Computer Hardware

Devices capable of accepting and storing digital data, executing a systematic sequence of operations on that data, and producing outputs. Such devices can perform substantial interpretation, computation, communication, control, or other logical functions. They include peripheral equipment such as storage devices. [D04030]

Computer Modeling

A technique for establishing past project results as an interactive mathematical computer program. By selectively modifying data on models of similar projects, it is possible to anticipate the affects on related dependencies in projects proposed or in progress. This technique is useful for determining the optimum choice, e.g. where a complex series of options, each with their own interdependent cost and schedule impacts, are available for achieving almost the same objective. When programmed, a schedule network containing Network Branching becomes such a Computer Model [D03051]

Computer Program Configuration Item

See Computer Software Configuration Item. [D04032]

Computer Software

Computer programs, applications, data bases, together with their respective documentation. [D03472]

Programs used to run a computer system. [D03282]

Computer Software Component

A distinct part of a Computer Software Configuration Item (CSCI). [D00264]

Computer Software Configuration Item ("CSCI")

A term denoting a software component of a system, which is designated for configuration management to ensure configuration integrity. It may exist at any level in the hierarchy where interchangeability is required. [D04031]

A major software component of a system that is designated by the Buyer for configuration management to ensure the integrity of the delivered product. It, therefore, may exist at any level in the hierarchy, where interchangeability is required. Each CSCI is to have (as appropriate) individual design reviews, individual qualification certification, individual acceptance reviews, and separate user manuals. [D00265]

Computer Software Documentation

Technical data, including computer listings and printouts, which document the requirements, design, and/or coding details of computer software, explain the capabilities and limitations of the software, and/or provide operating instructions for using or supporting computer software during the software's operational life. [D04033]

Computer Software Unit

The lowest group of software code created to perform a specified function or functions. An element of a Computer Software Component (CSC) that is separately testable. [D04034]

Computer-Aided

Done with the assistance of a Computer. For example, see CAD. [D02502]

Computerized Information Storage, Reference and Retrieval

The larger and more complex a project, the more difficult it is for managers to find the information they require from the mounting volume of documents, studies, reports, contracts, specifications, drawings, changes, proposed changes and progress reports. Even simplified computerized cross referencing of these documents can help considerably. It should all be part of the project's Records Management program. [D03050]

Concept

An imaginative arrangement of a set of ideas. See also Concept Phase. [D00266]

Concept Definition Document

A document describing the concept selected for development and the results of investigating alternative system concepts. It is used to derive the System Specifications and the Statement of Work. Also known as System Concept Document. [D04035]

Concept Phase

The first phase of a project in which the need is examined, alternatives are assessed, the goals and objectives of the project are established and a sponsor is identified. [D00268]

The first of four sequential phases in the generic project life cycle. Also known as Idea, Economics, Feasibility or Pre-Feasibility Phase. [D00267]

Concept Study

Consideration of an idea that includes a review of its practicality, suitability, cost-effectiveness, etc. usually followed by a recommendation whether or not to proceed with a/the project. [D02503]

A broad-scale plan that takes place well before a project begins; the recognition of a need for a project and a study to decide whether it is practical or not. [D02504]