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Daily Log - to - Decision Tree

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Definition     Editor's Choice
Daily Log
A record of jobs to do or to check that others have done, commitments from the author or others, important events, decisions and discussion, and kept by the project manager and any team members. [D05773]

 PRNC2 2005
In contract work, either
  1. Actual - The actual increased cost to one party caused by another party's acts or failure to act, or
  2. Liquidated - The amount of money set forth in the contract as being the liability of the contractor for failure to complete the work by the contract completion date or adjusted contract completion date. It is an estimate of the damages the owner is likely to incur in the event of late completion by the contractor.
    Liquidated damages are typically expressed as a daily rate.

An activity in a network which has neither predecessors nor successors.
Editor's Note: Otherwise referred to as an "Isolated Activity". [D03831]

A set of metrics collected together and presented graphically to governance bodies on a regular basis and portraying the latest performance status of the part of an organization being observed. [D05774]

All recorded information, regardless of form or characteristic. [D02302]

Data Application
The development of a data base of risk factors both for the current project and as a matter of historic record. [D00478]

Data Bank
See Corporate Memory. [D02602]

Data Collection
The gathering and recording of facts, changes and forecasts for reporting and future planning. [D00479]

Data Date ("DD")
The calendar date that separates actual (historical) data from scheduled data. [D00480]

Data Entry Clerk
Job category identifying personnel responsible for entering data into the computer via terminal or key to disc devices in a predefined manner as part of a processing operation. [D00481]

 SPM p304-9
Data Item Description ("DID")
The content outline of a required document. See also Documentation Requirements Description. [D04060]

Data Management
Systems and processes for the manipulation, storage, control and sharing of data. [D05313]

Data Processing
The conversion, sorting, allocation or otherwise systematic and standard manipulation of project data by computer programming. It speeds results and reduces the staff that would otherwise be required for manual effort. Great care is required to ensure useful output and avoid the counter productive overloading of managers with unnecessary information. See also Systems Analysis. [D03057]

Data Refinements
Rework or redefinition of logic or data that may have previously been developed in the planning subfunction as required to properly input milestones, restraints, priorities and resources. [D00482]

Data Structure Organization
The logical and systematic arrangement of information elements. [D02603]

Data Type
The characteristic indicating whether a data item represents a number, date, character string, etc. [D05226]

A repository of data that can be accessed for reference and/or the composition of reports of various kinds. [D05314]

A store for various categories of data which can be drawn on to write reports or act as a simple library. [D00483]

 CPMUSC p176-8
The component of a software program that stores or organizes project information. [D00484]

Any of the following:
  1. A collection of related data stored together with controlled redundancy according to a scheme to serve one or more applications.
  2. All data files stored in the system.
  3. A set of data stored together and managed by a database management system.

Database Administrator ("DBA")
One who maintains and controls access levels to a database. [D04818]

Database Management System ("DBMS")
A computer program that manages data by providing the services of centralized control, data independence, and complex physical structures for efficient access, integrity, recovery, concurrency control, privacy, and security. [D04819]

Date of Acceptance
The date on which the client agrees to the final acceptance of the project. Commitments against the capital authorization cease at this time. This is an event. [D00485]

Day Work Account
A method of payment for work not included in the scope of the contract that the construction contractor is obliged to perform at the request or direction of the Owner or its agent. Generally, such day work account is paid for on unit-price or cost-plus terms. [D00486]

See Database Administrator

See Dynamic Baseline Model©

See Database Management System

See Distributed Computing Environment

See Discounted Cash Flow

See Data Date

De Facto Authority
Influence exercised regardless of formal authority and often derived from such power bases as charisma, expert knowledge, position, or bureaucratic knowledge. See also De Jure Authority. [D05963]

De facto Standard
A standard that is widely accepted and used but that lacks formal approval by a recognized standards organization. [D05631]

De Jure Authority
Influence based on conferment of the "legal" or rightful power to command or act. See also De Facto Authority. [D05964]

Deactivation Plan
The document that describes the approach and critical processes required to convert the project to the safe, deactivated, or disposed state. It includes methods of shutdown, disposition of records and hardware, security issues, and transition to new or follow-on systems. The plan may include lessons learned, disposition of items of historical interest, environmentally sensitive and hazardous materials issues, etc. [D04061]

Deactivation Procedures
Step-by-step instructions to safely deactivate and dispose of a system. [D04062]

Presentation of a summary of an activity, task or event after it has occurred. [D05315]

In the procurement process, informing bidders about the strengths and weaknesses of their proposal. [D04063]

The opposite of Centralized. [D02604]

A conscious allocation of resources for the purpose of achieving some objectives. [D06399]

The removal of uncertainty with respect to a course of action for an organization that consumes resources. [D02605]

Decision Documentation
The recording of the terms and results of a decision and the assumptions and reasoning behind the decision. [D02606]

Decision Event
State in the progress of a project when a decision is required before the start of any succeeding activity.
Note The decision determines which of a number of alternative paths is to be followed. [D04423]

Decision Framing
A step in the decision analysis process that helps decision-makers identify potential problems or opportunities, assess business situations, determine success criteria and identify uncertainties. [D06400]

Decision Making
The process for arriving at a decision. [D02607]

Analyzing a problem to identifiable viable solutions and then making a choice among them. [D05965]

Decision Making Process
The sequence of decisions made as a part of the project life cycle. [D00487]

Decision Policy
A set of principles or preferences used for selecting alternatives. Risk policy is a component of decision policy. [D06401]

Decision Support System
A sophisticated computer program to assist managers in making decisions. It may include simulation programs, mathematical programming routines, and decision rules. [D00488]

 OTOB p271-4
Decision Theory
A technique for helping to reach decisions under uncertainty and risk. All decisions are based to some extent on uncertain forecasts. Given the criteria selected by the decision maker, Decision Theory points to the best possible course whether or not the forecasts are accurate. For example, used to determine the best product capacity level for a project. [D03058]

Decision Tree
A graphical representation of a decision making methodology that compares the values/costs of different scenarios in terms of expected values based on probability. The values arrived at are for comparative purposes only. [D02608]

A graphical representation of the decision process. Sequential decisions are drawn in the form of the branches of a tree, stemming from an initial decision point and extending all the way to the final outcomes. Each path through the branches of the tree represents a separate series of decisions and probabilistic events. [D02609]

A method of displaying a whole network of decisions in a logical sequence. Consequent decisions appear like the branches of a tree. When the probability of a given outcome of each decision is also shown, it becomes possible to select the best course of action. See also Network Branching. [D03059]

Definitions for page D00: 52

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