- Fixed-Duration Scheduling
-
 A scheduling method in which, regardless of the number of resources assigned to the task, the duration remains the same. [D00703]
|
WST |
- Flexibility
- The Current FY Budget Allocation less the sum of (Work-to-Date plus Obligations). [D00704]
|
PMIS |
- Flexible
- Capable of being easily modified, usually by agreement or under appropriate circumstances. [D02780]
|
RMW |
- Float
-
 The difference between the time available for performing a task and the time required to complete it. If the total float for a task equals zero, then that task is on the critical path. [D00712]
|
OTOB 137 |
- Available time for activity execution less time taken by the activity. [D00705]
|
NPMT |
- The amount of time that an activity can slip past its duration without delaying the rest of the project. The calculation depends on the float type. See Start Float, Finish Float, Positive Float, and Negative Float. All float is calculated when a project has its schedule computed. [D00706]
|
WST
PMST |
- Same as Slack Time. [D00707]
|
SPM 304-9 |
- See also Free Float [D00708]
|
|
- The ïfull timeÍ for an activity during which it can be delayed without delaying the overall program. [D00709]
|
CPMUSC 176-8 |
- The additional time available to complete non-critical activities or work items without affecting the critical path (i.e. the total project duration). [D00710]
|
CCCP |
- The amount of time that an activity may be delayed from its early start with out delaying the project finish date. Float is a mathematical calculation and can change as the project progresses and changes are made to the project plan. Also called slack, total float, and path float. See also free float. [D00711]
|
PMK96 |
- A measure of the time flexibility available in the performance of an activity. Available in three flavors; Total Float, Free Float and Independent Float. [D03844]
|
PNG |
- Float Trend Charts
- A chart showing the progressive change in schedule float. [D02781]
|
RMW |
- Floating Task
- A task that can be performed earlier or later in the schedule without, affecting the project duration, [D00713]
|
PMK87 |
- Flow Chart
- A graphical explanation of a particular process. [D02319]
|
DSMC |
- Flow Diagram
- Graphical representation of an information process. [D00714]
|
NPMT |
- FM
- See Functional Manager
|
|
- Follow-on Work
- Work that is expected to flow as a result of current work. This may be a subsequent project, an enhancement, or the maintenance of the product of the current project. [D02782]
|
RMW |
- Folly
- An art form developed by the hide bound in which the same old mistakes are made, but different results are expected. [D03862]
|
PNG |
- Force Account
- See Day Work Account [D00715]
|
|
- Forced Analysis
- Most PM software can force schedule analysis where a project is re-analyzed even if no new data has been entered. The feature is used for an analysis on the project by itself after it has been analyzed with other projects in multi-project processing (or vice versa). A leveled schedule may also be removed by forcing schedule analysis. [D02254]
|
PMST |
- Forcing
- The project manager uses his power to direct the solution. This is a type of win-lose agreement where one side gets its way and the other does not. [D00716]
|
PMK87 |
- Forecast
- An estimate and prediction of future conditions and events based on information and knowledge available at the time of the forecast. [D00717]
|
PMK87 |
- Forecast At Completion ("FAC")
- Scheduled cost for a task. [D00718]
|
WST |
- Forecast Final Cost
- The sum of committed cost and estimated to complete. See Cost Types. [D00721]
|
CCCP |
- See Estimate at Completion. [D00719]
|
|
- The anticipated cost of a project or component when it is complete. The sum of the committed cost to date and the estimated cost to complete. [D00720]
|
PMK87 |
- Forecast Remaining Work
- Estimation of the work still to be done to complete a project or activity as of the given cutoff date. [D02783]
|
RMW |
- Forecast Report
- A regular report to senior personnel, sponsors and/or stakeholders summarizing the anticipated position of a project in terms of final completion date, cost, scope changes, risks and issues outstanding, etc.
Editor's Note: Progress Report or Status Report is the most common type of project reporting. Unfortunately, this typically misses the point of project management which is to anticipate the conditions at the end of the project and to enable users or customers to plan for the use of the project's products upon completion. [D04478]
|
RMW |
- Forecast To Complete
- See Estimate to Complete. [D00722]
|
|
- Forecast to Completion ("FTC")
- Forecast To Completion is the cost to completion based upon the actual performance to date and assumes that the rate of expenditure continues as at present i.e. FTC = ACWP x 100 / % complete
[D02253]
|
PMST |
- Forecasting
- The collection of the latest available information on time, costs, productivity (etc.) to date, as a basis for estimating final outcomes. [D02784]
|
RMW |
- Estimating in advance, trending. [D00723]
|
NPMT |
- The work performed to estimate and predict future conditions and events. Forecasting is an activity of the management function of planning. Forecasting is often confused with budgeting, which is a definitive allocation of resources rather than a prediction or estimate. [D00724]
|
PMK87 |
- Foreign
- Belonging to another company, organization, nation or country. [D02785]
|
Webster |
- Form of Organization
- See Organization Structure. [D02786]
|
|
- Form, Fit and Function Data
- Either
- For Hardware: Data relating to items, components, processes that are sufficient to enable physical and
functional interchangeability, as well as data identifying source, size, configuration, mating and attachment characteristics, functional characteristics, and performance requirements, or
- For Computer Software: Data identifying source, functional characteristics, and performance requirements, but specifically excludes the source code, algorithm, process, formulae, and flow charts of the software.
[D03505]
|
GAT |
- Formal
- Done according to established custom. [D02787]
|
Webster |
- Done in accordance with official, conventional, or customary form. Done with ceremony. Official and for the record. [D02849]
|
RMW |
- Formal Authority
- The ability (of a project manager) to gain support because project personnel perceive the project manager as being officially empowered to issue orders. [D02888]
|
PMDT |
- A project manager's ability to gain support because project personnel perceive the manager as being officially empowered to issue orders. [D02795]
|
PMDT |
- Formal Bid
- Bid/quotation/letter/proposal submitted by the prospective suppliers in response to the Request for Proposal, Request for Quotation. [D00725]
|
PMK87 |
- Formal Qualification Review
- A joint control gate at which the Buyer, based on analysis and test data, determines that the Seller's design will survive the qualification environment as defined in the System Specifications. [D00726]
|
VPM 291-4 |
- Formal Reprogramming
- See Reprogramming. [D04635]
|
QWF |
- Formative Quality Evaluation
- The process of reviewing the project data at key junctures during the project's life cycle for a comparative analysis against the pre-established quality specifications. This evaluation is ongoing during the life of the project to ensure that timely changes can be made as needed to protect the success of the project. [D00727]
|
PMK87
QMPP |
- Forming
- The first stage of Team Building where members get to know each other and set up ground rules on behavior. [D03845]
|
PNG |
- Formulation
- The process of putting together in a prescribed form. [D02788]
|
Webster |
- Forward Pass
- Calculating the earliest start dates moving from left to right along a network. [D00729]
|
CPMUSC 176-8 |
- A procedure within time analysis to determine the early start and early finish dates of activities. [D00728]
|
WST |
- Calculation of the earliest start and earliest finish dates on a precedence network. [D00730]
|
CCCP |
- Network calculations which determine the earliest start/earliest finish time (date) of each activity. These calculations are from data date through the logical flow of each activity. [D00731]
|
PMK87 |
- The process of calculating the early start and early finish dates of project activities. See also network analysis. [D00732]
|
PMK96 |
|
Definitions for page F02: 52
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