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Inclusion - to - Information Input

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Inclusion

A way of terminating a project by incorporating the project operations and team into the organization as a separate, ongoing entity. [D00815]

Inclusive OR relationship

Logical relationship indicating that at least one but not necessarily all of the activities have to be undertaken. [D04448]

Income

Receipts or benefits, usually in the form of money, regularly accruing from labor, business, or property. [D02833]

INCOTERMS

A set of international terms defining conditions for delivery and shipping of equipment and materials. [D04449]

Increment

The difference (delta) between two releases at the end of subsequent iterations. [D04733]

Incremental

A small increase, implying one of several progressive steps. [D02834]

Qualifies an iterative development strategy in which the system is built by adding more and more functionality at each iteration. [D04734]

Incremental Cost

Costs added to an existing total as a result of a particular decision or action. [D05154]

Incremental Development

A hardware/software development process that produces a partial implementation and then gradually adds preplanned functionality or performance in subsequent increments. [D04115]

Incurred Cost

Total cost to date (i.e. including liabilities for all goods, service, work.) See also Total Expenditure to Date [D02835]

Incurred Costs

Sum of actual and committed costs, whether invoiced/paid or not, at a specified time. [D04450]

Independent

Someone who is not subject to the control of another, or something that is not subordinate to, or does not rely on, anything else. [D02836]

Independent Cost Analysis

An analysis of program cost estimates conducted by an impartial body disassociated from the management of the program. [D04638]

Independent Cost Estimate

An estimate of program cost developed outside normal channels which generally includes representation from cost analysis, procurement, production management, engineering and project management. [D04639]

Independent Float

The degree of flexibility which an activity has which does not affect the float available on any preceding or succeeding activities. [D03860]

The delay possible for an activity if all preceding activities start as late as possible whilst all subsequent activities start at their earliest time. The significance of independent float is that it is associated solely with one activity and not with a chain of two or more activities. [D05000]

Independent Verification and Validation

The process of proving compliance to a specification by using personnel that are technically competent and managerially separate from the development group. The degree of independence of the IV&V team is driven by product risk. [D04116]

Index

Table of Contents. Also, a published measure of change, such as indices representing the cost of living, inflation, and relative labor and material rates, etc. [D02837]

Indicators

Generally, information in a consistent format that points to a current status, trend or need for action. [D02838]

Indirect

Roundabout, not open or straight forward. In project management, "Indirects" typically refer to costs that cannot be identified directly with any one activity. See Indirect Cost. [D02839]

Indirect Cost

Resources expended which are not directly identified to any specific contract, project, product or service, such as Overhead and G&A. [D00816]

Any cost not directly identified with a single, final cost objective, but identified with two or more final cost objectives or an intermediate cost objective. See also Burden [D03511]

Costs associated with a project that cannot be directly attributed to an activity or group of activities, i.e. Resources expended which are not directly identified to any specific contract, project, product or service, such as overheads and general administration. [D04451]

Indirect Cost Pools

A grouping of indirect costs identified with two or more cost objectives but not specifically identified with any final cost objective. [D04640]

Indirect Costs

The costs for common or joint objectives that cannot be specifically identified with a particular project or activity; however, they may be allocated to projects on a prorated basis. Also known as Overhead or Burden. [D02264]

Contractor allowable costs that cannot be directly attributable to a specific project such as management salaries, employee fringe benefits, holiday pay, taxes, utilities and facility costs, and similar expenses. Indirect costs can vary between companies according to their cost accounting standards. Also called Overhead Cost. [D04117]

Indirect Project Cost

All costs which do not form a part of the final project, but which are nonetheless required for the orderly completion of the project and which may include, but not necessarily be limited to field administration, direct supervision, incidental tools and equipment, startup costs, contractorês fees, insurance, taxes, etc. [D00817]

Individual

One indivisible entity such as one single person. [D02840]

Individual Activity Cost

The separate cost of a single activity. [D02841]

Individual Development Plan

The development plan for an individual project, work package or major activity. [D02842]

Individual Work Plan

The lowest level of the technical plan which defines the tasks and responsibilities of an individual team member. [D03861]

An individual work plan defines the responsibilities of an individual team member and is the lowest level of a technical plan. [D00818]

Industrial Relations

An organizational function that deals with the relationship that exists between management personnel and the unions within an organization. [D02845]

A broad area of responsibility within an organization that includes human resources management activities and the administration of union agreements and seeks to maintain a positive image for the organization through public relations type activities. [D02844]

Industry

A recognized sector of the economy employing a significant number of people. Also, hard work. [D02846]

All concerns primarily engaged in similar lines of activity, as listed and described in the Standard Industrial Classification (SIC) Manual. [D03512]

Inefficiency

A level of production which is less than that accomplished under normal working conditions. [D05001]

Inexcusable Delays

Project delays that are attributable to negligence on the part of the contractor which lead in many cases to penalty payments. [D03720]

Inflation

The proportionate rate of change in the general price level, as opposed to the proportionate increase in a specific price. Inflation is usually measured by a broad-based price index, such as the implicit deflator for the consumer price index. [D03513]

See Escalation. [D00819]

Inflation/Escalation

A factor in cost evaluation and cost comparison that must be predicted as an allowance to account for the price changes that can occur with time and over which the project manager has no control (for example: cost of living index, interest rates, other cost indices, etc.) [D00820]

Influence

An ability or power sufficient to produce some affect. [D02847]

Informal

Not according to official, conventional, or customary form. Without ceremony. [D02848]

Informal Review

A less formal subset of a quality review. [D00821]

Information

Knowledge, news or intelligence that may or may not be reliable that is conveyed in some form such as verbal, written, electronic, etc. [D02850]

Information Distribution

The making of needed information available to project stakeholders in a timely manner. It includes implementing communication management plans as well as responding to unexpected requests for information. [D03439]

Distributing information to stakeholders in a timely manner. [D00822]

Information Flow

See Distribution List [D00823]

Information Gathering

Researching, organizing, recording and comprehending pertinent information/data. [D00825]

Information Input

A source of information. A contribution to a body of information. [D02851]