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Wideman Comparative Glossary of Common Project Management Terms v3.1 is copyright by R. Max Wideman, March 2002.

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Progress Draw - to - Project Boundary

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Term
Definition     Editor's Choice
 
Source
Progress Draw
See Progress Payment [D01334]

  
Progress Line
A visual representation of the progress of a project, displayed on the Gantt Chart. For a given progress date, the progress line connects in-progress tasks, thereby creating a graph on the Gantt Chart with peaks pointing to the left for work that is behind schedule and peaks pointing to the right for work that is ahead of schedule. The distance of a peak from the vertical line indicates the degree to which the task is ahead of or behind schedule at the progress date. [D01333]

 MSP98
Progress Measurement
Measurement of the current amount of work completed for purposes of assessing progress of the project or contract, as well as for determining amounts due under contract agreements. [D03018]

 RMW
Progress Milestones
Those project milestones identified as the basis for making Progress Payments. [D03190]

 RMW
Progress Payment
Interim payment for delivered work in accordance with contract terms generally tied to meeting specified performance milestones. [D01336]

 PMK87
A payment in response to an invoice submitted by a construction contractor, requesting payment for work completed, or otherwise progress to a specific date. The invoice should be supported by the supervising Consultant's Progress Payment Certificate.
Editor's Note: The term Claim should be reserved for a contractor's request for additional payment beyond the contract amount, and not be used to refer to regular billings for work carried out as part of the accepted scope of work within the contract amount. [D01335]

 CCCP
One of a number of payments made to a contractor during the life of a fixed-price type contract, on the basis of some pre-agreed formula. [D01337]

 WST
Payment made to the contractor by the customer during the course of the project, rather than at the end of the project, the terms of which are specified in the contract. [D01338]

 SPM 304-9
Progress Report
Report showing current status usually in relation to planned status. [D01339]

 NPMT
A regular report to senior personnel, sponsors or stakeholders summarizing the progress of a project including key events, milestones, costs and other issues. [D04477]

 APM
Progress Reporting
The collection of information on work done compared to the work planned to be done. [D01340]

 RMW
Progress Trend
An indication of whether the progress rate of an activity or of a project is increasing, decreasing, or remaining the same (steady) over a period of time. [D01341]

 PMK87
Progressive Acquisition ("PA")
A strategy to acquire a large and complex system that is expected to change over its lifecycle. The final system is obtained by upgrades of system capability through a series of operational increments. PA aims to minimize many of the risks associated with the length and size of the development, as well as requirements volatility and evolution of technology.
Editor's Note: See also Acquisition. [D05160]

 RUP
Project
A novel undertaking or systematic process to create a new product or service the delivery of which signals completion. Projects involve risk and are typically constrained by limited resources. [D01353]

 RMW 1998
A process for conducting work that produces a new product of one sort or another. [D01342]

 RMW 1997
A process or undertaking that encompasses an entire set of activities having a definable starting point and well defined objectives the delivery of which signal the completion of the project. Projects are usually required to be accomplished within limited resources. [D01343]

 CCCP
A set of activities directed to an overall goal. Also, the collection of data relating to the achievement of that goal. More specifically, a network of activities, or file(s) containing such a network. [D01344]

 WST
A temporary endeavor undertaken to create a unique product or service. [D01345]

 PMK96
A unique venture with a beginning and an end, undertaken by people to meet established goals within defined constraints of time, resources, and quality. [D01346]

 OTOB 6
An endeavor in which human, material and financial resources are organized in a novel way, to undertake a unique scope of work of given specification, within constraints of cost and time, so as to achieve unitary, beneficial change, through delivery of quantified and qualitative objectives. [D01347]

 11
An organized undertaking utilizing human and physical resources, done once, to accomplish a specific goal, which is normally defined by a Triple Constraint.
Editor's Note: Triple Constraint, i.e. Performance, Time and Cost, is an obsolete construct now considered inadequate to convey project objectives and constraints in today's real world. [D01348]

 SPM 304-9
An organized undertaking, limited in time to achieve specific objectives. [D01349]

 NPMT
Any temporary, organized effort that creates a one-time product, service, process, or plan.
Editor's Note: "Temporary" suggests that the project's duration is at the whim of management irrespective of product delivery. "Transient" might be a better word. [D01350]

 PMMJ97 1
Any undertaking that has a defined objective, a cost parameter, and a time element for its development. A cluster of activities that are pulled together to deliver something of value to a customer. [D01351]

 03 8
Any undertaking with a defined starting point and defined objectives by which completion is identified. In practice most projects depend on finite or limited resources by which the objectives are to be accomplished. [D01352]

 PMK87
A unique, novel and transient endeavor undertaken to achieve novel objectives and involving considerable risk and uncertainty. [D02619]

 23
A systematic process for achieving a distinct objective. The "system" consists of a period of planning followed by a period of "doing", and this system is repeated at every level of detail. These two "periods" are the genesis of the project life cycle. Project management is the process of managing the project process. [D03426]

 RMW
A one-time effort to accomplish an explicit objective by a specific time. Each project is unique although similar projects may exist. Like the individual activity, the project has a distinguishable start and finish and a time frame for completion. Each activity in the project will be monitored and controlled to determine its impact on other activities and projects. [D03604]

 PMST
A temporary management environment which is created in order to achieve a particular business objective through the control and co-ordination of logistical and technical resources. [D03909]

 PNG
Unique set of coordinated activities, with definite starting and finishing points, undertaken by an individual or organization to meet specific objectives within defined time, cost and performance parameters. See also BS ISO 10006. [D04589]

 APM
BS
Projects are performed by people, constrained by limited resources, and planned, executed, and controlled. A project is a temporary endeavor undertaken to create a unique product or service. Temporary means that every project has a definite beginning and a definite ending. Unique means that the product or service is different in some distinguishing way from all similar products and services. Projects are often critical components of the performing organizations' business strategy. [D04751]

 RUP
A human endeavor legitimately regarded by its stakeholders as a project [because] it encompasses a unique scope of work that is constrained by cost and time [and] the purpose of which is to create or modify a product or service to achieve beneficial change defined by quantitative and qualitative objectives. [D05066]

 43
A structure to complete a specific defined deliverable or set of deliverables. A project has a specific begin date and end date, specific objectives and specific resources assigned to perform the work. A project manager has overall responsibility and authority over a project. When the objectives are met, the project is considered complete. [D05067]

 TM
A unique set of coordinated activities, with definite starting and finishing points, undertaken by an individual or organization to meet specific objectives within a defined schedule of cost and performance parameters.
Editor's Note: However desirable this might be, we think it possible that a project could be undertaken without either schedule or cost parameters, or both. [D05068]

 57
Any organized business activity where an investment is made. It most commonly refers to the work of creating and operating a physical asset, such as a bridge or a building. However, it need not involve the creation of a new physical asset at all, for example if a company launches a new product which has been manufactured by existing assets. The project extends over the whole investment life-cycle of activity, not just the initial phases while the investment is being made.
Editor's Note: This definition is unfortunate in that practitioner consensus holds that a project and its life cycle or life span is concluded upon the delivery and transfer of the product to the customer or user and does not encompass the whole investment period. This latter is typically referred to as the "product" life cycle. [D05069]

 RAMP
An undertaking that is focused on acquiring a specific product. The product may include hardware, software, and services. Typically, a project has its own funding, cost accounting, and delivery schedule. [D05204]

 SA-CMM
Project Accountant
The person responsible for project cost accounting services to the project. Duties typically include:

  
Project Accounting
The process of identifying, measuring, recording and communicating actual project cost data. [D01354]

 PMK87
Project Administration
Routines established to control and follow up a project. [D01355]

 NPMT
Project Appraisal
The discipline of calculating the viability of a project. Project viability is normally determined in largely economic or financial terms. However, it is normally extended to include issues such as environment appraisal and certainty of performance. [D03910]

 PNG
The discipline of calculating the viability of a project. [D01356]

 WST
Project Approval
Owner, sponsor, or senior management authorization for a project to proceed, typically through the next logical phase only. A major milestone or event in the project life cycle. [D03191]

 RMW
Project Assurance Team ("PAT")
The organization which carries out technical and administrative roles, ensuring continuity of development, and technical integrity, of the project's products. [D05070]

 KSI
A three-member team comprised of the business assurance coordinator, the technical assurance coordinator and the user assurance coordinator whose roles cross stage boundaries and through whom continuity of project development and technical product integrity is maintained. [D01357]

 WST
Project Base Date
Reference date used as a basis for the start of a project calendar. [D04479]

 APM
BS
Project Board
The executive organization which provides overall direction and guidance to a project. All project boards within a program report to the program director. [D05071]

 KSI
A project board is the body to which the Project Manager is accountable for achieving the project objectives. The project Board should be viewed to represent the stakeholders. For example, on a small project the sponsor may represent the interests of the executive, the senior user, and the technical authority, where in a large project, the Project Board may be larger than the three or four usual members. [D01358]

 WST
See Project Steering Committee [D03745]

  
Project Board Executive
A project management role (chairman of the project board). Project board executives should formally report to, and be subject to direction from the program director, if changes to project briefs are required. [D05072]

 KSI
Project Boundary
A boundary that defines how the project interacts with other projects and non-project activity both within and outside the organization. [D03911]

 PNG
The boundary of a project which is defined to indicate how the project interacts both with other projects and non-project activity both in and outside of the organization. [D01359]

 WST
Definitions for page P09: 51


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